The Condo Market Right Now is A Ghost Town

The Toronto Star Reports:
"The Condo market right now is a ghost town". Toronto has a record number of units for sale. Here's why they aren't selling despite a housing crisis.
Listen to Frank Leo discuss with Jerry Agar on Newstalk Radio 1010.
Read the full article: www.thestar.com/real-estate/t...

Пікірлер: 8

  • @peterbanh1364
    @peterbanh13647 күн бұрын

    The new condo units are mostly tiny but they are ok. There are lot of single people people out there. 275 sqf with a parking space is enough for a single person. The problem is price. The cost is simply too high. If the price is between $250k-$300k then it is ok but the price is way beyond that.

  • @jeffotoole4509
    @jeffotoole450921 күн бұрын

    I love the intro he’s not only a sponsor. So fitting.

  • @kulaellison1379
    @kulaellison137923 күн бұрын

    Good evening , there are contradiction with the recent condo market trend. That people find out sooner or later of hidden tax attached to condo's. Inluding condo's are subjected to Boards meeting like a co-op , government interference and maintenance cost. Where as a home owner a person can have a better "Peace of Mind" and more "Privacy" with out a third party interference. Seeking extra funds for thing such as maintaining the building the grounds etc. Where as a home owner generally do not pay themselves for lawn mowing their lawn, cleaning windows etc . House duty's they can do themselves and pay themselves with a nice cool beer and relax.

  • @MichaelThoman
    @MichaelThoman7 күн бұрын

    Maybe we could vote in a party that emphasizes growing the economy through higher productivity and lower taxes so people could afford to get into the real estate market.

  • @neilbertram1922
    @neilbertram192212 күн бұрын

    The condos built for investors are not suitable for homeowners. Think about that for a minute. How cheap does a crappy investor-built condo have to be before someone actually wants to live there.

  • @anthonyf596
    @anthonyf59622 күн бұрын

    Its okay, if he cant sell your condo, Frank Leo will just buy it

  • @daryadergilova4057
    @daryadergilova405721 күн бұрын

    b

  • @dannypatat9529
    @dannypatat95292 күн бұрын

    Ya don't worry frank will sell or he will buy..LOL