There’s a bill board on my street that literally says “Buy and Wait!” Pisses me off.
We have the shittiest provincial government ever but if we ever get someone progressive back in office I hope they make huge changes in how Realtors are allowed to profit.
Maybe a cap per property sold would be nice.
30 years ago they made a percentage of $100k.
Now they make that same percentage off $1M.
I think they shouldn’t be allowed to charge by percentage of sale price, but rather a fixed amount based off some sort of criteria. Like how long it takes to sell, size of the property, zoning, assessed value, etc.
There are houses in neighborhoods around me selling for $1.2m with assessed values of like $800k. Let them make a percentage of the assessed value rather than the sale price. That way there’s no incentive to gouge people for more than it’s worth.
I think that’s a fantastic idea!
Like at some point something has to change. We can’t have people living in tents be normal.
Burn them
I actually wrote Andrea Horwath, who ignored me, and asked her to lobby to get rid of these signs while so many live in tents in Hamilton. I realize I’m pissing in the wind but I had to say something. Why should Rob Golfi get to terrorize the whole city?
Don’t forget the mortgage ads advertising 8% rates on $800,000 single family homes!..
Like come in bill board people. Read the room even a “tiny” amount.
A house on Victoria Ave, steps from the crumbling empty storefronts of Barton, is over 900K posted today, zoned for three apartments but containing four. So some asshole landlord cashes out big time and four people lose their homes. It’s unreal.
Man it’s just crazy. Feels like people living alone is just unheard of at this point.
Like how can average people possibly buy a 900k property at 8%? The interest rate alone is higher than median household income.
I hope it rots on the market for years.
I don’t know how we can even ethically offer people immigration anymore. Like sure come to Canada but we have nowhere for you to live but in a shelter? How is that fair? Open Homes Hamilton is bursting at the seams with immigrants needing homes. It’s unreal.
Yo same thing for me. A house on the same block just got put up for rent for 2,700 a month.
It’s 2k Sq feet and built in the 80s and doesn’t have a lawn. I bought my similar house for 240k 3 years ago.
So I’m praying it stays empty forever and the owner gets foreclosed so it gets resold for a decent price to someone who wants to live in it.
It’s absolutely absurd. For Hamilton! It’s cruddy here. I love the community but it’s gross.
They’re advertising to boomers, not you.
Well good luck with that as millenials are the largest population in Hamilton.
But not the group with the most money.
If boomers control the vote, their interests will be heard above all. The younger generation needs to vote, en mass, consistently. This will need a fundamental shift in the culture of our youth demographic. Nobody is doing anything of consequence to change the culture of young people in that direction.
Eh they’ll die off in droves very soon, and old Rob Golfi will be stretching his arms out to beg on the street corner like everyone else.
Is this the same housing crisis I have been hearing about since the 70s or is this a new one??? Also if this is a new one how did we solve the ones I have been hearing about since the 70s.
Boomer moment
There was no housing crisis in the 70s, what are you smoking?