--173.28.xx.xxx

It is already happening here where in the Toronto GTA area condominiums are not selling. Some have taken a gamble where bought condominiums and houses where hoping in the future would go up in value where rented out where now they have been operating at a loss. If they lose main source of income then they are in lot of difficulty. There are some large firms that own a lot of condominiums and houses where now the reality is starting to hit. If the price of house goes down then if want to buy somewhere else it evens out. In Ontario it costs more unit to build a apartment building then a condominium as the building codes are more stringent for apartment buildings. So those who have 100% equity can ride this downturn out. History has shown with a severe housing crash then those who have good incomes living in a rental unit buy condominiums or houses then rents are forced down by vacancy rates. --216.110.xxx.xxx

So two or three years and we can get back to work? --24.152.xxx.xx

Just a week or so ago, a 4 bedroom fixer on 2/3 acre in the country for 10K. (But, to be fair, it needs a lot of fixing.) Room on the place for at least 6 travel trailers if things get rough. --97.85.x.xx

You all will have me to thank for that. I’m normally a cash buyer, but because I’m buying a new primary—my first in 25 years, I’m making sure it checks all of the boxes, which also puts the price tag out of my comfort zone. But this is a nice one on 10 acres without a soul in site, so I didn’t want to wait. But I told the Ms that as soon as I ever got another mortgage, the market would immediately correct itself afterwards. --75.75.xxx.xxx

Florida is unique with debacles in insurance and condos, so it stands to reason they'd be the first crack in the dike. The rest of the country is dealing with price exhaustion and fewer people can afford rents on top of increased prices for food and etc. Those fundamentals, along with the price of money, mean that current prices in many areas of the country can not be supported IMO. Folks who jumped onto the bandwagon post covid thinking this thing was a gold rush are in for a rude awakening. When the thing unravels, I think the pieces can be picked up leisurely because there will be a lot less competition. Cash flow rather than price speculation will rule the day once again. --23.28.xx.xx

--73.19.xxx.xx

Weather events cycle thru every so often? --74.105.xxx.xxx

Weather events cycle thru every so often? --74.105.xxx.xxx

Weather events cycle thru every so often? --74.105.xxx.xxx

Weather events cycle thru every so often? --74.105.xxx.xxx

A lot of Canadians owned houses in Florida where the non-sense that the border is a artificial line where Canada should be the 51 st. state along with tariff economic warfare along with some being detained arrested then deport even though they are legally in the Us where Canadians are selling all houses forever then never retuning to Us. Florida is dependent on the tourism where most nations have travel advisories not to travel to Us unless absolutely necessary where there was dramatic drop in tourism from other countries which costing the tourism industry a lot of money. For starters becoming the 51 st. state is non starter as here there is universal health care along with no ICE. For trade we have trade agreements with the EU and other countries around the world. Now all provincial and federal regulations have been lifted where there is free trade within all provinces and territories. Travel now is with the EU, Mexico, Cuba and other nations for a vacation. They stopped day trips to the Us where they are starting empty parking lots in a plazas. Even Canadians that owned houses across the border are selling then returning to the Us . Finally all defence procurement is going to come the EU and other nations as the F35 is not to be going forward. One thing this has done is that brought about that the relationship with the Us has changed forever. On and off there many delegations visit Canada about becoming more aligned with the EU. --216.110.xxx.xxx

Is real estate local? Would this mostly be condo's? Interesting timing. Following. Watching. --172.56.xxx.xxx

Condominiums were bought before completion where they planned to rent them out where suddenly there was too many condominiums built to absorb. Now the overall housing market is cooling off as many are concerned about the future economic conditions due to hostile tariff war where 50 per cent on steel and aluminium along with tariff on lumber. Unemployment has is 7 per cent along with trade talks next year where no country is going to sign a trade deal that is going to a country at a economic disadvantage. DJT signed the USMAC deal during the first term in first term where he said it was good deal for the Us. In a down market when condominiums start approaching the cost of single family house where once move out more 120 kilometres out the Toronto GTA area the cost of a single family house can be bought for the price of condominium or less than then condominium unit. For larger families they want to live in a single family house. If move out the province of Ontario then move to the province of Alberta everything costs less as there is no provincial sales tax only federal tax along with free market rent no rent control where rents cost less as well. Some people who retire sell a single family house for a million dollars in the Toronto GTA area then move out more one hundred kilometres than buy a house for $600,000 where that can be done Windsor Ontario. Then can invest the remaining $400,000 to invest then improve income. --216.110.xxx.xxx

Look at ways to control real estate, instead of owning it --67.140.xx.xxx

Money can be made in the stock market where on and off tariffs the market fluctuates. If you had a million where invested in the market would make that right away then wait when the market goes down. The future is once the other party takes control of the house then the tariffs will no longer be possible. Tariffs only cause inflation along companies no longer have to be efficient. Tariffs is not one way where counter tariffs are imposed. Everyone who owns a business looks at automation than finds ways to reduce operating expenses along looks at where they buy materials. Investors see a pattern where every time they chicken out. --216.110.xxx.xxx

I said on another thread....I was golfing with a realtor/broker on the island of Nantucket. He said in 2021-2022 there were 6 listing on the island for sale. Today there are 126 .... steep cuts will be required to moved this high-end stock. --198.168.xx.xxx

I appreciate you taking a little of the work from me. --107.147.xx.xx