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  1. I

    Baby, we got a bubble!?

    I was looking on MLS last night and it 'seems' that there is more inventory. Though that is just by eyeballing and not based on any actual stats. Prices are still sky high though. There is a Jr one bedroom in Glas going for $275k I believe. A couple of years ago the same units were listing in...
  2. I

    Baby, we got a bubble!?

    ^^^ All good points interested. I am happy that the RE industry is starting to recognize that fundamentals are out whack, but still laugh at their suggestions that the market is sound, and that we should expect only a minor blip. These people have bad memories (1989 specifically). Correct me if...
  3. I

    Toronto Eaton Centre

    Before I read Bayer's post I had a hunch that True Religion would take the thin space on the third floor. All of their stores I have visited in the US are small like that. They have a wall of jeans on either side, or together on one side, with mens and womens denim and a few tops and that's it...
  4. I

    Toronto Eaton Centre

    Thanks for posting these numbers Bauhaus! Out curiousity I googled to see how US numbers compared. I was only able to find numbers for 2009. Interesting nonetheless. Our top three are only behind Caesars in terms of sales psf. Forum Shops at Caesars, Las Vegas, Nevada. (100 percent...
  5. I

    Baby, we got a bubble!?

    Article from today's Globe and Mail. It is based off a report from Royal LePage. Interesting to read Phil Soper's comments. Surprised that they even released this report. I bolded an underlined a couple of interesting comments from Soper. Canada's housing market at 'tipping point'...
  6. I

    Baby, we got a bubble!?

    All good points, Interested. I went back and scoured his page again. Unfortunately no details were given as to the size and direction of the suite. If I were a betting man I'd guess they were slightly larger north facing suites. One thing that concerns me even more is that he is thanking his...
  7. I

    Baby, we got a bubble!?

    Out of curiousity I viewed his Facebook page and it looks like he has updated it recently. He is now selling units at 88 Scott. He says he can get units on the 40th floor for $620psf. Interesting.
  8. I

    Baby, we got a bubble!?

    From Joseph P. Kennedy's Wikipedia page: http://en.wikipedia.org/wiki/Joseph_P._Kennedy,_Sr. You're probably wondering why I posted the above. I feel like I recently had my very own Joseph P. Kennedy-esque moment. Recently a family friend switched careers from the health and wellness business...
  9. I

    Hudson's Bay Company

    The Bay on Queen St. is looking better and better as the renovation progresses. The menswear selection has also improved dramatically. The Bay is now on the same level as a Macy's and Bloomingdales IMO. With respect to the other Bay locations, people need to be patient. The renovations will...
  10. I

    Yorkdale Shopping Centre

    If I had to guess I'd say both will be opening in both malls. In the US malls I have visited I have always seen both stores, so it wouldn't surprise me to see the same arrangement at Yorkdale and Eaton Centre.
  11. I

    Yorkdale Shopping Centre

    Do we know yet if the stores will be the "Anne Taylor" branded stores or the "LOFT" stores?
  12. I

    Baby, we got a bubble!?

    Perils would be more appropriate! :D I'll have a look through her archives. :)
  13. I

    Baby, we got a bubble!?

    They need to make the course mandatory again. It seems basic budgeting and everyday financial skills are lost on today's generation. Everyone lives in this "monthly payment" world with no regard whatsoever for bottom line total cost of ownership. Agreed about her buying a 17k car. The funniest...
  14. I

    Baby, we got a bubble!?

    I could see the argument for her keeping the cash on the side as well. But even then she'd be losing unless the interest she was making on the money was greater than the extra interest she was paying towards her reduced mortgage. I love how she rationalizes her stupidity. Most buyers must be...
  15. I

    Baby, we got a bubble!?

    Just read Yee's column and the other column where the author bought a 560k house in Scarborough with 10% down. I LOL'd at both articles. Folks, this right here is the reason why house prices are as insane as they are. I'm sure foreign investors play a part, but I think stupidity and poor money...
  16. I

    Baby, we got a bubble!?

    Thanks Interested. HST did not even occur to me. In any event, 73 cents is quite expensive. You have to be rich to live in a condo these days, never mind a house.
  17. I

    Baby, we got a bubble!?

    Wow! That is expensive for such a new building. Does anyone have more info on MLS and why maint fees are so high? Does it have a large number of amenities that require significant upkeep costs?
  18. I

    Baby, we got a bubble!?

    Carney can't and hasn't up to this point adjusted rates based on one sector of the economy. House prices have skyrocketed due to low rates and he's left them there for the overall good of the economy. If for some reason he has to raise rates for the good of the overall economy then I would not...
  19. I

    Baby, we got a bubble!?

    Buying a home with just 5% down? Make sure you love it http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/home-buying/buying-a-home-with-just-5-down-make-sure-you-love-it/article2425135/
  20. I

    Baby, we got a bubble!?

    Which Canadian property markets are most at risk? http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/home-buying/which-canadian-property-markets-are-most-at-risk/article2427557/

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