@millennialmoron: Replying to @usertw6wz54re0 A quick update to one of my earliest "Garbage Math" videos about the Toronto condo market from two and a half years ago. #torontorealestate #housingbubble #canadahousing

doodchenko :

“Rents will always go up” not if wages don’t follow, eventually there’s too small a pool of potential renters

BeccaThePeach 🇨🇦 :

My brother has money but refuses to buy. He’s in a two bed bedroom basement in the GTA for $1400, and has all his money in investments. He’s made a lot more than he would have if he bought any time in the last 6 years.

Rick Redfern :

12% drop is a pretty gentle unwinding of a bubble

SaltyAnne :

I'm just never gonna spend half a million dollars on a glorified apartment.

lampbeartoe 🛋🐻🦶 :

The fact that rent went from 800 in 2014 to 1649 in 2023 in an apartment complex built in the late 50s is just proof rent is just a random number a landhoarder wants. It’s synthetic and all about extorting

_ashton.north :

The work you do is really important and really needed . Thank you

Katie Nolan :

I remember this. And you had realtors who ARGUED with you on how they thought you were so wrong!

SoupEnthusiast🇨🇦🇨🇦 :

An apartment shouldn't be more than 300k.

Cacti :

gameonbrad :

The problem is no rent control for that building. Lowering to $2,100 is nice and all but I'm pretty sure they would jack the price up to $2,400+ after the first year lease ends.

ByronInKelowna 🇨🇦 :

It’s amazing how things change when you understand the math. Aside from that, I’m a nerd… I miss your Spreadsheet videos!

Hayden Birch :

Canada is actually healing

JM :

my man has been keeping receipts and now he is out to collect!

Keila Alex Echakowitz :

And the rent is STILL too damn high despite all that

Maple Mami 🍁🇨🇦💃🏼 :

I’m thrilled to see rents starting to come down. I’m moving to a bigger place in Feb that would have been at least 200 or 300 more per month a couple years ago. Let’s hope it continues!

goodmorningsteve :

It’s amazing how much home owners love the “prices always go up” line while also decrying how unaffordable houses are

Anana 🇨🇦 :

I’m a renter with a sweet rent controlled place, but I share with a roommate and couldn’t afford alone. I’ve been looking to buy a 2 bedroom and people are still trying to sell SO high for the saddest units. 2nd “bedrooms” are windowless corners with sliding doors. I think for me owning would still be a better deal, but not by much these days.

Robin Friesen 🇨🇦 🍁 🇨🇦 :

This was foreseeable especially with Canada seeing it's first net decline in population since 1971 posted last quarter.

DJ BEAR GRAVY :

What do your investments look like, Birds Eye view

Leo :

finally come across your video!!! why did you disappear from my fyp for so long??

Andretti :

Do you have a prediction when interest rates goes down?

Andrew H :

do a collab with Ben Felix! you are both great.

Jake Palmer :

let's normalize not talking about the TORONTO real estate market as "Canadian Real Estate".

irweezyy :

But what you didn't look at was what did that unit owner buy the unit for, before he started trying to sell it in 2023.

RobinsonCruiseOh! :

this is the nicest (aka the most Canadian) "I told you so" I've seen