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Carolina
BNN Bloomberg
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Comments by "Carolina" (@Carolinapetroska) on "BNN Bloomberg" channel.
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You forgot to say that many people are leaving canada for good, due to lack of a good quality of life and expensive basic food products and also high taxes .....
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The canadian dollar is so low, I am trying to dump some but always too low compared to other major currencies , that's a sign the economy is on the brinks of collapse
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Lol there is especially a surge in emigration. Canada has become such a bad place to live.
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Make it a 70% chance of another rate hike. We need more.
6
too expensive: Better to buy resale
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hopefully the market will collapse soon.
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The market is dead in Toronto, no showing no offer......
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Lock down from the government.... Unnecessarily closing the borders and punishing people for traveling.. That's the Canadian dictatorship.
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We need more until next year. Not enough to beat inflation.
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You wish but that won't be the case. The canadian real estate is officially dead. No interest from investors. Of course it's Lanterra develpements' interest to say that it will go nuts again, just wishful thinking... but no way. Certainty or not. Another one who keeps repeating 1 million people came to canada last year. Lol who are those people exactly ? Ukrainians refugees and indians ? Lol desperate people with no money filling up local shelters and sleeping on tents in our city parks ? And international students returning home after they realize that canada is a hopeless country with no future ! How many have left already ? Is that taken into account >
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We need more rate hikes at least until mid 2024 to control inflation which is the worst in the G7 countries
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The US shouldn't get involved with Trudeau's mistakes. Too many of them.....
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Who cares ? They made so much money in the past. No big deal if they lose a little. lol
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Doesn't matter if the builders are not building anymore. The market is already too saturated in Toronto and there is no quality of life. All views are blocked already. So good news if no construction pollution for a few years. We don't need more investors on the market
3
Nothing is working in Canada. That country is so disappointing on all levels....
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So what is 3.5% nothing really. No point to make a big fuss about it ! How about canadians owing real estate abroad ??? Funny you never talk about that. Preventing the locals of affordable housing when canadians buy abroad. Biased news.
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No in fact they keep on going up everyday especially basic food products and milk. Only in Canada they are so bad and high.
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lol look at the source of that report : 'luxury Sotheby's international realty' ; that's in their best interest to say that prices are up and resilient......
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The demand for Canadian real estate is dying slowly....The country is doomed.
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Yes very sad indeed for the government to have created this stupid myth pretending that foreign buyers were buying everything and speculating when in fact, it was just canadian investors/collectors that are speculating as usual. Foreign buyers were so few and just holding on to their small condo as a second residence. That's why now the market is kind of going down with no interest. People are turning to friendlier, cheaper countries with a much higher quality of life. Canada is doomed to fail with all those expensive prices for basic products. So ridiculous. Smarter people have already left, enjoying their money outside of Canada where money goes a long way. Sad to see the government become so xenophobic
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Stupidity has its price ! Lol
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LOCAL SPECULATION AS USUAL LOL. THAT'S ALL WE HAVE ON THE MARKET, CANADIAN INVESTORS.... SO BORING.
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No there are many people who believe that the market will decline further except the 50 000 realtors in town. Lol
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I wouldn't trust Canada in any investment or anything else for that matter and I am talking from experience.
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yes that stupid speaker doesn't seem to understand the basic concept of macroeconomics. Whatever he is saying is bs..... not to be taken seriously.
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It was too early....
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Good for them. Greed was the name of the game for so long and they have made so much profits now no big deal if they lose. Lol
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Nobody. I can't believe how the media can talk so much B's......
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In case you were not aware of it, Trudeau is cutting international students by 35% this year and banned of foreigners from buying real estate in Canada and since Canada relies almost only on real estate, prices are going to crash soon. Not resilient anymore. Canada's conomy is now doomed to collapse also.
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Why so much xenophobia in Canada ?
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That's the whole point otherwise Canadians would behave foolishly again and go bankrupt.
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It's their own fault in a way for not investing smartly and voting for the wrong politicians
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Yes they can always dump them. Anyway, Canadian real estate has become a big dump itself. Very few idiots still believe in it and especially now with the combination of liberals and NDP, things are only going to get worse. Welcome to communist Canda. Lol
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True new condos are not selling. No demand of or them so the listings are just sitting on the market forever....
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Totally true ! Those millenials thinking that they are entitled to the 'big house' in their 20s should lower their expectations ans stop blaming the 'supposedly foreign buyers' for their inability to enter the real estate market !
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Definitely...
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The CAD is worthless versus the Euro. Rock bottom.
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YES THEY WILL CONTINUE TO SEE MASSIVE DECREASE IN PRICES. YOU GUYS HAVE TO STOP SAYING THOSE SAME STUPID LINES SUCH AS 'MASSIVE RECORDS IMMIGRATION'..... BLA BLA BLA. PEOPLE MOVING IN CANADA NOW ARE POOR DON'T EVEN HAVE A JOB AND CANNOT EVEN QUALIFY FOR A MORTGAGE SO IMMIGRATION DOESN'T PLAY A BIG FACTOR. PLUS THE BAN ON FOREIGN BUYERS HAS CAUSED PRICES TO COLLAPSE AND THE TREND WILL CONTINUE FOR MANY MONTHS TO COME. JUST WATCH, IT'S PURE KARMA. WHEN A GOVERNMENT IS MEAN TO FOREIGNERS, BAD KARMA COMES BACK RIGHT AT THE COUNTRY AT AN EXPONENTIAL RATE. LOL. PEOPLE ARE NO LONGER INTERESTED IN CANADA NOW AND BUYERS GO SOMEWHERE ELSE. THERE IS NOTHING LEFT THAT IS WORTHWHILE IN THE GTA, AND TORONTO,
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Why do you get people like that on TV ?
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So why is the Canadian dollar so weak ???
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There is a 10 month inventory and more listings are coming on the market everyday.
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Big scam !!!
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Real estate in Canada is dead !!!
2
What's the point of a Tfsa ? The rewards are so low....
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Of course, it's stupid to continue to use those high immigration numbers since those new immigrants are not likely to buy real estate for many years since they won't have a high paying job enough to qualify for a mortgage in the first place. Also, since they will be relatively young since Canada doesn't want any older immigrants past 35 they won't have much money saved up if any. If they were rich like many supposedly 'experts like this one from Td' suggest then they wouldn't come to Canada to try to find a job. Logical no ? Also, all those refugees such as Ukrainians and so on don't have money either, not enough to even enter the Canadian housing market in big cities where they will end up living anyway, just like everybody else. Probably they will end up in some local public shelters that are already full. So this analysis is all wrong and based on the wrong assumptions.....
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ONE THAT REALLY DOING BAD IS THE CANADIAN DOLLAR. I AM TRYING TO DUMP MINE BUT THE EXCHANGE RATE COMPARED TO THE OTHER MAJOR CURRENCIES SUCH AS THE EURO, IS SO BAD THAT I AM STUCK WITH THEM....
2
Yes those guys just guess everything as they speak. Just nonsense talks.....
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The Canadian real estate market is DEAD. NOBODY WANTS TO BUY. NOT WORTH IT. BAD QUALITY OF LIFE AT EXPENSIVE PRICES.
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They should convert all those useless office buildings into real condos for people.
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Yeah she is just talki g nonsense.
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