Yep, now consider why investors choose to ‘financialize’ housing and why the current climate of government and governing over it allows for it. 🤷‍♂️

Red tape has got us in this situation. Over regulation has landed us in a position where lack of competition (amongst builders) has given these companies the safety net to pull these sort of shenanigans and use the ‘loop holes’ in legislation to their advantage. Hope y’all vote accordingly! ✌️

Could we get a link for those of us who are less internet savvy? TYIA

Should wait until we are presented with some options, no? We don’t know anything yet.

Anyway for you to post the article? It’s paywalled otherwise! TIA

https://betterdwelling.com/toronto-real-estate-developers-have-never-had-more-unsold-condos/ Promising for the Uptown crew that still want their condo built, no matter the time frame, with current contract still intact! I know I definitely don’t want 6+ years of lost value with Uptowns...

Market will be hot this spring, I dunno.

D-Day

Buckle up, bucko.. 😂

That’s hilarious! 😂

https://www.reddit.com/r/TorontoRealEstate/s/ntUZL0YwMd For your reading pleasure.

They would need another ‘unavoidable delay’ to change the outside occupancy date again, and for the record, Tarion is useless until we get our keys and close

https://www.glassdoor.ca/Reviews/Vandyk-Properties-Reviews-E1713452.htm Even working for them is a terrible experience. 😂

Don’t hold your breath, lol

Compensation from Tarion @ $150/day up to a maximum of $7500 if occupancy is delayed past our outside occupancy date of April 25th, 2025. (Can also choose to cancel your contract at this point, too) $7500 x ~300 units = 2.2m … I’m sure that’s a bill VanDyk would like to avoid, but who knows at...

Sorry which part didn’t you understand?

FTHB here, feel absolutely wrecked. 80 years on this bitch of a planet (if I’m lucky) and these guys are well on their way to taking 10% of it away from me. Is that dramatic? Maybe a little bit. Is it true, though? 100% 🤷‍♂️ — “But at least the value has gone up while you’ve...

Yeah, they've had that particular site reconfigured for a long while now

Easy there, slugger.. it’s still on their website.

Important precedence was recently set regarding builders asking purchasers for more money!!