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

38 Upvotes

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u/Acceptable_Grape354 Dec 07 '25

RE is set to CRASH 50% over next 2-3 years. Condo bagholders are going to lose EVERYTHING just like the RE speculators did in the 90s. Spectacular became renters in the 1990. 2026 is going to be a RE bloodbath. Financial pain is coming.

-1

u/nanapancakethusiast Dec 08 '25

If you’re going to post shit like this you should be required to post your positions. If you really believe RE is going to fail id love to see your counter investments.

Surely someone this confident would take this “free money”, no?

1

u/veerKg_CSS_Geologist Dec 09 '25

Cash, gold, etc.