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Remember when you could actually find a detached house under $600k in the GTA?
Three years ago, my cousin bought a three-bedroom in Oshawa for $575k, and we all thought that was a stretch. Last month, a similar place on his street sold for over $900k without even having a finished basement. What's the furthest out you'd consider moving now to get something you can actually afford?
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dylan236mo ago
Honestly, at this point I'm looking at maps of northern Ontario and wondering if a daily helicopter commute is a tax write off. My limit was Barrie, but now even that feels like a fantasy. I'll probably end up buying a shed in someone's backyard and calling it a "cozy detached studio.
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spencer_ross6mo ago
Looked at a listing last week that was a literal garden shed with a space heater duct-taped to the wall. The description called it a "charming micro-cottage with rustic ventilation." My realtor sent it with a crying-laughing emoji. We're all just one bad viewing away from applying for a camping permit and calling it a mortgage.
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cameron_chen634mo ago
$400,000 for a converted chicken coop with a composting toilet and no running water in Vancouver is now a "starter home" on the market. I saw an ad that called a parking space with a tent inside a "garden level studio with flexible layout options." We're literally paying for the privilege of owning a glorified blanket fort at this point.
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