GTA real estate has gone nuts...........

[KaeJS]

Lol I know someone who bought last year a $1 mil house, leases a $100k car and complains about gas prices

I had to read this three times.

I don't even have debt and I still question paying $2.25 for a Coke...

[KaeJS]

I would not be a buyer at these prices.

Bank stocks, or houses?

[Square Root]

Bank stocks, or houses?

Sorry I meant houses. Bank stocks are always a good buy if you hold them for a while.

[KaeJS]

I knew what you meant, SR. I was just trying to be facetious.

[uptoolate]

I don't even have debt and I still question paying $2.25 for a Coke...

With you on that! I just bought a couple of cases of 12 at 3.33 and felt like I was getting ripped off! Don't even get me started on bottled water!

[KaeJS]

With you on that! I just bought a couple of cases of 12 at 3.33 and felt like I was getting ripped off! Don't even get me started on bottled water!

Bottled water is the worst thing on the planet.

It's horrible for our environment, our bodies, and our wallets.

I thoroughly refuse to buy bottled water. I don't understand it!

[uptoolate]

Agree! Unbelievable scam!

[Jungle]

Up too late, watch for the recent sales in the discount grocery flyer, seems that you can get a 18 pack coke for 4.77 or 24 around 5.99. Much better than 3.33 for 12. Coke did raise their dividend and prices go up.

I got my last coke 18 for $4.44 or about 24 cents a can. It stocked in my fridge. Even better price than costco last time I checked.

[marina628]

I am 45 and was raised on tap water cannot believe how people now think it is gross to drink water from a tap .My friend in Whitby finally managed to get a house , she paid $14,900 over asking price in Whitby!I am fortunate to already have a good real estate portfolio with about 75% equity in each property.My brother in law was over a couple days ago and asked me if i wanted to do a flip with him LOL, I told him I think that time has passed.

[Jungle]

Usually that is a red flag when all the sudden people you would never expect, (relatives, co-workers, strangers, taxi drivers etc)approach you about this fantastic idea of real estate investing and buying because of the returns over the last decade..

We had a family member ask for 20k to be pooled with a dozen other people to buy a few rentals with almost nothing down and rent them to people with bad credit.. suppose to beat stock returns according to him.

Just wait until interest rates go up.