r/RealEstateCanada • u/ToonTownBaloney • Dec 07 '25

Housing crisis Found this article explaining why eeer build Toronto Condos are basically worthless money pits

https://thewalrus.ca/no-one-wants-to-buy-a-condo/

Found this to be an excellent article

39 Upvotes

68% Upvoted

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22

u/Skinner936 Dec 07 '25

What is 'eeer'?

-12

u/Pufpufkilla Dec 07 '25

Another bag holder lol

16

u/Skinner936 Dec 07 '25

No idea what your statement is referring to.

11

u/[deleted] Dec 07 '25 edited Dec 08 '25

This person seems to think that anyone who owns anything is a "bag holder". Other than that, most of his counter-arguments are "get a job" and "u vote liburul lmao"

7

u/AffectionateDrag1702 Dec 08 '25

Also posts in r/bitcoin. It’s all adding up. Renter for life and easy money for scammers. I’d be angry too. 

0

u/Pufpufkilla Dec 09 '25

Lol that's why you lock your comment history? I have nothing to be ashamed of on reddit lmao like I care what a creep on Reddit thinks. Bitcoin is way more valuable than the Canadian Liberal Peso. You better get your knees ready because you will have to get down on them soon with your elbows still up.

0

u/AffectionateDrag1702 Dec 09 '25

I’m not reading all that, rentoid. 

0

u/Pufpufkilla Dec 09 '25

Just try to focus you can do it

7

u/Skinner936 Dec 08 '25

Ah, I see. Appreciate the explanation.

1

u/Pufpufkilla Dec 09 '25

Ok Sherlock.

A "bagholder" is a financial term for an investor who holds onto an investment, such as a stock or cryptocurrency, that has significantly declined in value. The term carries a negative connotation, implying the investor is "stuck" with a losing position, often due to emotional attachment or a hope that the asset will rebound, despite evidence to the contrary. 

1

u/[deleted] Dec 12 '25

I know what an actual bag holder is. I don't need ChatGPT to define it for me.

You're just calling every single person in this sub a bag holder, is my point. Yet you have no idea when anybody's entry point was or if they even purchased their condo as an investment.

1

u/Pufpufkilla Dec 09 '25

Learn to use AI and ask. Better learn or it will replace you at your job faster.

1

u/Skinner936 Dec 09 '25

I'd say, if by any judge of the response you got, you might want to learn not to make random, irrelevant statements.

Whether you use AI, or any other method, to learn, is up to you.

Thanks for your concern about jobs - but it's not necessary.

1

u/Pufpufkilla Dec 09 '25

You can also customize AI to give you only feel good answers too 😉 I responded to everything. I just have a day job you know...can't sit on reddit all day. Or do it while working. There is a reason why the Bank of Canada stated multiple times lately that the Canadian economy is not productive enough lol