Canadian real estate is a rip off and a government assisted Ponzi scheme. It will remain that way until prices come down significantly.

@JonFlynnREstats Correct a massive Ponzi, inflated by massive Money Laundering and massive amounts of fraudulent mortgages.

@JonFlynnREstats When your housing minister has major property investments it’s going to be hard to see prices going way down.

@JonFlynnREstats There’s a home near me. Built just as the pandemic hit, in an infill buffering Hwy 27 & Islington. It was used as an Airbnb party house. It’s up for sale for $4mil. It’s a badly built flat roof monstrosity that someone is on the hook for whatever $ they took as a fraud mortgage

The distortion in Canadian real estate stems from more than just speculation. It is also monetary policy, CMHC guarantees, and immigration targets set against limited supply have created a structurally inflated market. Prices won’t normalize until policymakers address both liquidity and land-use dysfunction.

@JonFlynnREstats Wait 900,000.00 is to much for a 1bed shoebox?

@JonFlynnREstats Built on dirty money and fake foreign income documents.

@JonFlynnREstats x.com/miragewl8/stat…

@JonFlynnREstats 🎯

@JonFlynnREstats Until the Government steps in and stops money laundering prices will never come down!

@JonFlynnREstats And because of that it's so many listings will available but getting the mortgage its really hard to get. Intrest rate will go high and only 1 member in the family have a full time job.

@JonFlynnREstats Just chill guys govt. Wont do anything to fix the price, the Dedollarisation process is going on and because of that Real state market will collapse badly after the Crisis which will start at the end of this year. So so many zeroes will disappear.

@JonFlynnREstats In US dollars we’re a deal. Attractive resources. We’re on sale. Few understand this.

@JonFlynnREstats Brokers made this worse.

@JonFlynnREstats A nice home should be 2 or 3 hundred k max. If you want granite countertops and marble floors more.

@JonFlynnREstats Agree and it’s driven up the cost of living along with diverting capital away from productive investments.

@JonFlynnREstats Check this GROK: Canadian Real Estate market assessment is 20% or greater overvalued.

@JonFlynnREstats or the gubermint runs out of money.

@JonFlynnREstats 🎯🎯🎯

@JonFlynnREstats Here! Here! To THIS post/opinion! Felt that way for the last 12 years!!

@JonFlynnREstats @realDonaldTrump please takeover Canada

@JonFlynnREstats It won’t come down significantly. There will be no crash. Governments will protect boomers home equity at all costs.

@JonFlynnREstats You can only chose one only: High-end used car salesman or realtor?

@JonFlynnREstats This is true, just check the charts since 2015....Trudeau opened the floodgates of money laundering, speculation, etc.

@JonFlynnREstats realtor.ca/agent/2192171/…

@JonFlynnREstats But it still remains an excellant money laundering tool

@JonFlynnREstats And, they lower the interest rates. I think it’s gonna be a long long time before we see an upswing.we’ll see.

@JonFlynnREstats It's government assisted in that no awkward questions are asked as to the source of the fabulous foreign wealth buying up our real estate. Whenever the corruption crackdown in China targets a new area GV's prices jump.

@JonFlynnREstats Jon speaking the truth thank you Brother

@JonFlynnREstats the issue is I need a place to live. what am I gonna do live in mums basement? It’s not an option.

@JonFlynnREstats For this to happen interest rates need to go up - way up. The economy is too weak for that though.

@JonFlynnREstats You are dumb.

@JonFlynnREstats Once you haters finally can buy something though, you’re going to want prices to go up again

@JonFlynnREstats 2027-2028 Just wait and let em stack up

@JonFlynnREstats Yea this is why I’m heavily invested in bitcoin

@JonFlynnREstats 💯

@JonFlynnREstats In Ontario, detached homes is safe, stable neighborhoods are still coveted.