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TopicToronto Houses Are Losing Value At A Rate Of $100,000 A Month
REMercsChamp
09/28/17 8:10:04 PM
#19:


LethalAffinity posted...
REMercsChamp posted...
LethalAffinity posted...
REMercsChamp posted...
Butterfiles posted...
any reasons why?

Can't find anyone to buy them - there's barely anyone even living here, there's rows and rows of giant, empty properties everywhere you turn.


Why?

It's a ghost town - no jobs, no immigration, people leaving en masse.


I thought Toronto received lots of immigrants? Is it just too expensive to live there?

Too expensive? House prices are dropping $100,000 a MONTH! Even those $1.2M detached homes in the nice area of the city will be ZERO dollars in a year!
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