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babbalonian2
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Comments by "babbalonian2" (@babbalonian2) on "" video.
Raise interest rates! Might hurt for a few years, but it would free up many properties. When properties start dropping in value the older generation will sell. Allowing the next generation of buyers to have a chance. Like, who sells when properties are increasing 25% every year. Anybody seen the price of rent in Toronto lately? Take a reality check for a few minuets.
17
The goverment made it that way. They've lowered interest rates for the past 10 years, now they are at zero, no where to go, but up. Hope they do it soon.
2
If they'd simply raise the f'in interest rates this won't be happening. The government is helping our real estate turn into a world wide investment. Raising interest rates would make real estate a bad investment. The older generation would start selling millions of houses and properties. No body sells an investment that makes 25% every year.
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Blame interest rates. If they were a normal 5-8% things would be different.
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You mean a 1962 bungalow. lol. At zero percent interest. That's normal.
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You are paying for the rich getting richer. You notice its the rich making these decisions, so not much will change. It would be like them shooting themself in the foot.
1
@rahzelwashington6847 lol, sure. The younger generation is making much more on cryptocurrency, real estate is out of date. The rates can't go lower than zero. Remember, you only "make" money when you sell. Better hurry, things are about to change. lol.
1
Thats why the feds will not raise interest rates.
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You didn't steal enough money before moving here then. You should have learned from the best.
1