I’ve been working as a real estate agent in Toronto since I graduated high school in 03… One of my long term high net worth investor clients just called me to put up 80% of his residential properties on sale and 50% of his commercial properties.
This guy is not your average investor, he was literally buying about 10 properties a month in 2009-2011 during the bottom of the market. He has never once sold anything other than to fund another real estate project/investment. He doesn’t want to buy anything with the funds from these sales until “the market cools down” in his own words. This is someone that has made me millions in commissions over the years and also millions by following his investment strategy of buying top tier pre construction projects in Vaughan and Markham.
If he is selling, something is REALLY WRONG with the market. I’m sure this applies to other countries as well because his portfolio is spread across 20 countries and he is selling a lot off those too.
>another bobo larp The housing market is literally never crashing ever again.
Isaac Stewart
Fuck, I need more time to open a brokerage account that lets me short canadian REITs.
Lincoln Flores
Of course something is wrong with the market, you are part of the problem leech
Gavin Myers
Post proof or you're a fag.
Also, yes ofc something is wrong with this market. Does anyone think 10-20% YOY is sustainable?
Leo Johnson
maybe he just finally wants to take some profit? why does he need so many properties?
Ryan Young
That's a zoomer you boomer
Carter Cooper
He already said he was in Toronto.
Jackson Phillips
10-20% is dogshit returns you boomer faggot, you get 20% in crypto guaranteed with UST stablecoin lending.
Andrew Flores
>1pbtid Fuck sake kys
Cameron Young
10-20% is absurd for real estate. with leverage you can get 20-40%, etc. Shut up about your shitcoins. You can reach the risk/reward profile of shitcoins in literally any market.
Jeremiah Richardson
It’s a zoomer retard
William Parker
Like I said you get 20% in completely safe UST stablecoin lending. That's only for bear markets, in bullruns crypto is free money and you're a retarded bobo queer who needs to go back to your containment thread either /smg/ or /pmg/.
>opens real estate website >haha owned!!! Lmfao you're even more retarded than I thought.
Elijah Martinez
PFFFTHAHAHAHAAHAHAH
HOW DOES 40% TO 70% SOUND WHEN THE DEBT BUBBLE POPS?
Matthew James
You go access the back end of this site then genius. Let’s see how that works out for you
Ian Evans
That's literally never happening though, the fed isn't raising rates and real estate won't crash. It's unironically the bottom right now in crypto and real estate, if you aren't already in you're ngmi.
Gavin Campbell
You literally just opened a webpage that anyone can open and then pretended it was proof, you're the stupidest bobo I've seen on Any Forums so far and I've encountered many delusional bobo faggots. 2/10 bobo larp.
The FED will have to hyperinflate all the debt away with printed money when hyperinflation becomes unmanageable within the dollar. Every central bank. will have to do this. Once the debt market sees this coming it will pop and all assets inflated by in will collapse. This includes housing fren.
The debt bubble will pop once the overnight rebasement of the dollar is clearly within range; then the dollar will be revalued against gold and potentially a new version of the SDR currency basket.
Lucas Cruz
I hope to god it crashes bigly here in Bongland. I’m Norf fc and feel completely priced out
Brandon Davis
bagholders cope meek inherit earth
Thomas Young
My client has properties that he is dumping in all Anglo nations
Owen Long
>Hyperinflation is bullish
Owen Howard
Not when the system stops working and the debt instruments subsequently crash on value (because they are offficially unserviceable).
Brayden Peterson
The greentext indicates my sarcasm, autism friend.
