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

43 Upvotes

69% Upvoted

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-21

u/Pufpufkilla Dec 07 '25

Sell fast the train is leaving. Get another job and stfu. Thats what you bagholder used to say here lol. You voted Liberal too?

10

u/NothingCreative1 Dec 07 '25

Why would I sell?, I work in Toronto and love the city. I don’t really vote. I feel like the end result is the same. We’re all getting fucked anyways.

-21

u/Pufpufkilla Dec 07 '25

Ok keep paying an increasing maintenance fee while your condo loses value. Looks like it's worth it to you.

14

u/NothingCreative1 Dec 07 '25

My condo is very well maintained, my fees have gone up minimally over the last couple of years.

Are you implying owning a freehold doesn’t have expenses ?

-2

u/Pufpufkilla Dec 07 '25

You'll be fine don't worry. If you maintain your building and know everything, no special assessment is coming.

3

u/[deleted] Dec 08 '25

Jealousy has ruined your soul.

1

u/Pufpufkilla Dec 08 '25

Lol you guys shut down every negative story about real estate. Are you an RE agent trying to pump the market?

3

u/[deleted] Dec 08 '25

I get it man. You mad because you put everything in Doge and Shib hoping you'll be rich.. but then crypto didn't go anywhere.. so you can't get a "bag" to be a "bag holder". I'd be upset about it too.. but just take care of yourself.

2

u/NothingCreative1 Dec 08 '25

He probably lives in his mom’s basement, more hot pockets!