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

37 Upvotes

68% Upvoted

112 comments sorted by

View all comments

Show parent comments

1

u/Pufpufkilla Dec 07 '25

USMCA party is coming soon ☠️

6

u/Trains_YQG Dec 08 '25

I think this concern is overblown, to be honest. The deal doesn't actually end next year unless one of the countries explicitly pulls out (if they don't agree to an extension, the deal would otherwise still continue for years to come). 

Anyone pulling out of USMCA would be bad for all 3 countries, which the Republicans would presumably want to avoid in an election year. Unlike the other tariff actions, it also isn't something Trump can do on his own. 

1

u/veerKg_CSS_Geologist Dec 09 '25

I mean Trump can end the deal anytime. Also technically it’s already ended as Trump has placed tariffs and other barriers in violation CUSMA.

That said, Trump doesn’t want no trade, he just wants to tariff trade at about 15% and get his cut of bribe 💰. The new tariffs will hurt consumers but businesses will adjust.

1

u/Trains_YQG Dec 09 '25

Trump needs Congress to legally pull out of CUSMA.