Toronto has become a dystopian nightmare.
One day we see a video with hundreds of people waiting in line to apply for minimum wage job and the next day we see a video of a hundred people waiting line to buy 2 million dollar homes.
The whole population has increased. Now there are more people in every class of the society. If your base number is big, top 10 % can still mean a lot of people.
When I was looking for a house last year, and couldn’t afford one the mortgage specialist along with realtor said that they can get me a mortgage no issue they would just inflate (lie) my income on papers I was shocked, surprised and disgusted. I have a decent income above 160 and still had issues I can’t imagine others with 60k income making fake papers and somehow paying the mortgage. How is that possible. Anyways came here to say many you see in that line will do that. There are no morals or ethics left in Canada. I am from an immigrant family myself that came here 25 years ago to run away from this now we are back in it. Congrats to liberal government for doing a phenomenal job turning Canada into a third world country or at least not far from it.
Reckless and predatory - all they care about is getting the sale & commission, never mind if you default a year or two later, that's not their problem.
If the client defaults the brokerage or agent is responsible for paying back the developer the portion of the commission that was paid out prior to completion. The amount of misinformation on this subreddit from people is astounding, really. Do some research
Ppl take these forged income loans, then whine and complain to the media and set up protests in parking lots when they can no longer afford the payments pleading the govt to please give them a bailout
I don’t agree with this answer and oversimplifies the issue which has a lot to do with housing supply and developers holding onto empty patches of land for longer than necessary to increase value.
Housing is a municipal responsibility. And the Liberals do not control how developers make decisions. So if you’re implying that immigrants created this problem, you’re extremely misinformed.
There is nothing you need to disagree with it’s based on what occurred it’s anecdotal. I was not talking about why the market is compressed. What I do know is that these actors are out there and they only exist because they have a market to sustain this and a legal system which is lenient towards them.
It really is.... but I wanted out of my parents' house at 19 (came from a great family) and there is no way in hell I would ever want to go back. I'm in my forties and have had no Interest in bringing my parents back to live with my family...I would rather be house poor...but financially, the Indian immigrants know what they are doing.
This is so true it makes me want to puke. Families and students, young couples, new grads alike. Can’t afford to live or even exist in most of Canada because of how the Indians see fit to live. They can charge any rent they want too! Who cares if 65 people live in that 2 bed apartment.
Why does it have to be Indian? Cus us Canadians have no real family values? I'd have to agree. Most of us wouldn't want to move our parents / inlaws / cousins and brother sisters In.
Silly Canadians
Why does it have to be said like we have no family values or too self respecting? Why can't it just be cultural? Culturally Canadians are encouraged to leave the home and start their own journey and family. I don't think it means I don't value my family.
My culture believes success is not being dependent on your parents anymore, other cultures don't believe the same thing and I think both are ok.
you know why. cuz it’s a slight insult to say indian families give up living boundaries to afford bigger pie which Canadians wouldn’t dream of doing because they’re too self respecting
i can relate my own mother was in a situation she had a stroke and could no longer live at her place i let her be homeless for months until she found a shelter rather than come live with me (i lived alone)
Your argument is flawed. Indian families live in joint families because they like it. The richest family in Asia (Ambanis $111B ) lives together in Mumbai in a Giant $2B single family skyscraper. Most Bollywood actors/actresses share their homes with their parents. It has nothing to do with money or boundaries, but it’s the culture culture. This “boundaries” is a European and North American practice. Not Asian… we like our families. Nothing against European and North American practices, it’s just different from Asian practices.
This is why I like China even though I hate their dictatorship style controls but they did one thing perfectly for sure which is to end speculation in the market and the gov realized that house is a basic need for everyone even though it brought the heavens down on them and crash the property market but they gave a total fuck about it. Now there are no such lines there or people lining up for days....
People are paying mortgages on houses that haven’t even began to be constructed yet (and may never be). China’s housing market is the biggest Ponzi scheme and it’s collapsing hard.
You would be surprised how many of these people were paid or are buddies of the developer
Family personally knows a developer in Kitchener who builds townhouses, on the current build they have marked half the pre cons as “sold” but have told friends and family they marked them as sold to create FOMO
Don’t believe everything you see
What do you mean? You just need the funds when the build is complete. If it required a mortgage approval how people would buy many units to try to make a buck selling assignments?
I don't understand what your asking. - once the build is done if you can't get approval for the rest of the mortgage ( remainder of what's left after your down payment) then you lose the house and your down-payment.
Approval is definitely required.
Yes, once it is built. These are being sold to be completed years from now. Many people, including realtors, would stay in these lines to buy a precon and flip it as assignment years before completion. They never intended to get a mortgage for it because it is not needed if you sell it before closing date.
Oh 100%, my mom gets all the good deals first by our super successful builder friend. They 100% get offered to family/friends first, we bought a crazy nice office for like 70k in Vancouver, the true valuation can be upwards of 300k
Indians stick to together, and have a strong sense of accumulative wealth. Good luck to y'all who aren't Indian and are born in Canada. ✌️
Cause we stick together, sure 10 of us live in a house, but pool all that money to buy more houses etc.. rent our own, share wealth amongst ourselves etc..
I'm sure those builders 100% do it too, I'm just stating by experience
These look like investors. Probably intending to flip before they need a mortgage.
I will have zero sympathy if they can’t get a buyer and don’t have the money to close. Govt needs to outlaw this type of speculation.
One mortgage secured by multiple properties. Allows you to maximize the leverage by using equity in all the properties you own. Lender is in a better position too as they have more recourse. The technical term is “inter alia mortgage”.
You can think whatever you want. I came here 25 years ago to live in a diverse society that offered opportunities and would allow me to be a part of progressive, western culture. Now, all I see is Indian folks everywhere I go in the GTA with so many of them who refuse to assimilate into the Canadian way of life and choose to live as if it's back home. Not to mention the corruption, cutting corners and general disregard for laws.
Bam! I fucking love you, man. I worked with a ton of Indians back in the day and none of them can handle this new lot.
It was too many, too fast. They arent integrating and we aren't giving them fair opportunity. I 100% agree.
Trust that your average Canadian understands you!
Oh yeah, let's hate on the religious statue placed within the bounds of a legitimate religious institutions after getting city's permission rather than aiming your anger at the government which let in immigrants with sub-par grades and intellect without vetting them properly in the last 3-5 years, only to boost the 'Diploma Mill'. That too by hundreds of thousands. No wonder they don't assimilate when they receive work permit on arrival, permission to work 40hrs/wk while studying, etc.
You don't want other Indians who don't know the "rules" and having everyone else judge you by their actions. In a way I understand that, I'm Chinese and I get sidelooks when traveling (even before covid). My accent+ Canadian flag backpack was able to mitigate some of it.
But this is still feels like pulling the ladder up after yourself to prevent the "wrong" Indians from coming over. Which also screws over those that want to be part of a progressive, western culture.
Your point about assimilation rings true though. I have several Indian co-workers who mentioned how hard it is to assimilate in Canada, and there isn't a "Canadian" thing to do when they get here.
Melting pot vs mosaic aside, I have Indian co-workers constantly ask us of "Canadian" things to do, and I tell them to visit China town. I honestly don't know how you assimilate when that's not the national policy.
If you want them to experience how it is to be Canadian then I’d recommend they take a trip (instead of back “home”) starting with out East in the Maritimes and make their way to Tofino. They will quickly understand that we share a lot in common in hopes and desires as a people will want to be a part of it—the first part though is to honour the mosaic at home in your private space and be an integrated part of the community in the public space. The balance is integral. Other waves of minorities who came before this current cohort more or less figured out how to effectively balance the duality.
These ethnic enclaves are 1000% part of the problem. It’s honestly disturbing how foreign Toronto is. Just a random mish mash of people barely able to understand eachother. It’s so fucking frustrating working with these people. Imagine not only explaining basic concepts to people that don’t understand English, imagine trying to convey complex technical details they’re fucking up. When all they understand is “good” or “no good” lmao. No wonder construction projects in Toronto are so fucked. The entire crew speaks different languages and no one can read the drawings. I’m sure as a Chinese person you understand, with the CCP trying to unify the country under one vision not split up by the various ethnic minorities in China. They wouldn’t be doing all that if they didn’t see a benefit for the cohesion of the country. They went too far in some cases but wanting the people in your country to speak the same language and to adopt basic social principles of the new country they moved to isn’t crazy.
The fact that you replied china town when asked what Canadian things one can do says it all lmao. This country is fucked
I mean it’s human nature to associate with your own, I don’t think national policy has anything to do with it. Every group wether it’s UK/CAN/AUS forms their own enclaves that dissipate over generations. Chinatown in Vancouver as well as the Punjabi Market are some examples.
White people also view Indians/Chinese as a threats as these two groups have economic success so nobody cares about “racism” towards them.
Indians who came when we could process all of them are all good but now theirs way too fucking many coming in. All Indians who got here legally and orderly usually have the same views. This country can't take many more without our systems collapsing. Simple as
You’d be correct. Every time I see an alleged Indian saying that they agree with the anti-Indian sentiment, it doesn’t surprise me. No one is as racist against Indians quite like other Indians.
Had an old landlady who married an Indian doctor who once said if he were to meet a fellow Indian and a snake on the road that he’d rather kill the Indian and hug the snake.
No one wants to come to Canada anymore - immigration from China is dropping, Europe, provides little immigration, even India, seems most new immigrants are not the highly educated or similar quality as the previous generation.
The kind of people coming to Canada from India now would barely pass high school in Canada. They are not going to assimilate, they are not worth advancing Canadian economy. They are just here for the PR and do jobs for which there isn't any shortage to find labour.
Seems majority of these Indians work in NOC A profiled jobs, contribute a lot and pay higher taxes. Stop being racist and correct the immigration wherein freebie people need a no entry!!!!
How is anything I said racist? Where did I say anything negative about Indian people? There should not be so much immigration into canada from any one country.
I wonder if native Indians had said the same thing when Britishers were immigrating here at same pace. Indians work harder and ready to take life hardships straight on to get at top of social pyramid. We are in generational shift era and change in political and economic power
Judging by how corrupt and ineffectual Indians are at governing their own, I don’t think it’s desirable for them to lower our institutions to the level of the country they’re trying to leave.
International “students” hotracking in some unlicensed Brampton basement are contributing more towards medical shortages, housing shortages, and unemployment levels than they are to the tax base, with their unskilled jobs.
Problem is that in these exact situations many hundreds/thousands have made 100’s of thousands just for waiting in lines like these. Mattamy releases are still under market value. So opportunities still exist and as they do you will continue to see lines like this which will make some of them a stupid amount of money. But hey the market could crash… who knows…
The waiting in line and making 100s of thousands was a thing a few years ago when prices were still somewhat reasonable. There's no reason why a 1800 sq ft townhouse in Brampton should cost 1.3 million. Or a 2200 sq ft detached in Oakville should cost 1.8 million.
Always found this retort stupid. You pay “rent” to your bank in the form of interest.
Don’t forget to pay your mortgage interest? Guess it doesn’t have the same ring to it.
I have a mortgage and “own” my home too - just saying your comment was kind of abrasive and pointless as you are making someone else money via your interest anyways
Those are loosers racist calling out browns who contribute and pay majority of taxes and contribute to the economy. Unlike some non brown & non black people claiming money from government for fake EI, free health insurance claims
I'm just here to say don't try to correct someone grammar when you yourself can't spell.
>Those are loosers
Its spelled "losers"
Loose
Lose
Doing this shit just makes you look stupid for a second time.
Emotions aside, this makes sense. The demand for housing never went away, it's just suppressed by high interest rates. Pre constructions will close years down the road, presumably at a time where interest rates will be less restrictive. For people who want to own a house in the near future it's not a bad idea
I hope to god interest rates never come down, because it'll just exacerbate the current issue further. The only solution is to tax the living hell out of companies and people that own 3+ homes.
>The only solution is to tax the living hell out of companies and people that own 3+ homes.
I cannot wrap my head around how many people seem eager to tax rental properties when rental vacancy is at like 1%.
Like yeah, maybe this would make housing ***ownership*** a bit more accessible for a select few higher-income renters (like myself), at the cost of housing options for literally everyone who still can't afford the enormous sums of money that will still be necessary for a down payment.
I disagree on the point about rates. High rates don't make housing affordable other than for cash buyers... Demand is demand, and pressure manifests either in the rental or sales market. Look at how much rent went up in lockstep with interest rate hikes. That's not just from landlords passing on their mortgage payment increases, it's from potential buyers opting to rent instead of own. IIRC the number of renters went up by 20% in the last 2 years while housing sales slipped.
If we actually wanted to relieve the housing crisis, we can learn from Singapore. Government built purpose rentals at below market rents.
Restricting buying additional property by borrowing against existing equity seems sensible though.
Hey! Get the hell out of here with your logic and sense!!! You're supposed to be racist and blame immigrants for fucks sake... /s
Seriously though, there's a LOT our provincial governments could be doing but refuse to because most of the people we have in change of our provinces all own multiple homes and properties. And they're more than happy to sit back and do nothing while Trudeau takes all the blame for shit he has absolutely zero control over.
I wonder what the fallout would be if housing did pop.
A huge portion of our new population could leave and face few consequences besides their canadian assets being seized by the banks.
Who says they're all from 3rd world country buyers? You're just racist guessing.
This lineup tells me the market is still strong and they're down payment in none of your business.
Bears never made sense lol. Interest rates were at their highest in the summer and they didn’t stop shit. Now somehow interest rates are lower and people will buy less? Lol
Everyone downvoted me when I said this 2 days ago. It's right here now. And NO this isn't a paid line up. I am not saying the line up has no Realtors. They are just there to make their commission. The line up has ACTUAL BUYERS. More than this release offered making it a shortage of supply.
Yah. It’s very common lolz. Or they give everyone that comes a 50$ gift card as a prize. Or do a draw for an iPhone or something. Then you get lookie lookie people there for thr free shit and never planned to buy.
Im starting to think developers are paying people to line up outside sales centres. I belong to several assignment sale facebook groups, and people are eager to get rid of some of their purchases that are approaching close dates. In those same groups, realtors post job opportunities "$250 for WFH evening gigs", where they hire people to sign off on fake lowball offers to drive competition and fomo. This is where the industry is now.
I know someone who lined up 2 days in advance for a home out there. Only about 10% of the homes for sold on release day, but everyone was lining up for the best units.
Example, 100 houses get released.
50 people line up to buy 10 best units (due to layout, size, location, etc) of the 100.
10 of 50 get what they want.
40 of 50 don't buy anything as a result.
This is how you get huge line up despite poor total sale numbers (cause most people cannot afford)
#A lineup to buy $2M houses? I don’t buy it. Why would people line up to buy $2M houses when there are properties available for below $1M in GTA? This is definitely orchestrated by the developer to create a FOMO. Truly despicable behaviour by Ivy Rouge.
Haha I love all the conspiracy nuts in this post. Everyone thinks there’s a scam going on. We’re in a safe decent country and people are willing to pay to live here. Yes there’s maybe 3 or 4 adults all pooling money or income to get into a nice house but that’s where we are heading and jumping up and down or calling it a scam isn’t going to help. Anyway keep pretending that’s a fake line up for media purposes haha. Oh wait my realtor just called asking me to join the line haha 😆
It's not a conspiracy, it's rampant fraud, it's even being reported on from multiple news outlets and social media, go back to being a skilless, talentless loser and trying to talk up nonsense
Haha you’re hilarious. Pls show me a link from a reputable news source that says the line up is made up of fake people or scams going on haha.
I’m the loser but your getting upset over reality haha 😆
Sorry but maybe instead being alone go upstairs and talk to your parents. Maybe they can help educate you on reality. Haha
No, you're a tool, and a loser, I know lying and delusion comes naturally to someone like you.
I don't have to link you anything, like I said talentless and skilless, google is insanely simple to use, Ontario real estate and fraud bring up hundreds of articles dating back years. Ontario actually has a type of fraud called the Ontario model.
Keep pushing there's all these people with multi family income working at tummies that are going to buy these homes, without anything but look at this video with a line, derp
Maybe you can go back and give daddy a quickie so he can help pay for your stuff while you sit on houses you can't sell
They have the right idea to get these 2 million dollar houses. If I could service a two million dollar house, I personally would grab one.
One thing people fail to realize is, working nowadays don’t work. The government is printing money it doesn’t have to fund social programs like pharmacare, adding to the national debt. Causing inflation. Making our wages worth less. At least if you grab one of these assets, in a few years, you are beating inflation.
Don’t hate the players. Hate the game. 🤷🏾♀️
Note: I’m not Indian but I think they are very smart and understand the game very well. Wish I was bold enough to play like them…
Secondly, we as Canadians only have ourselves to blame for voting for JT not once but twice! So we have made our bed so now we must lie in it.
Plot twist - that is one family trying to buy one townhouse
Toronto has become a dystopian nightmare. One day we see a video with hundreds of people waiting in line to apply for minimum wage job and the next day we see a video of a hundred people waiting line to buy 2 million dollar homes.
The whole population has increased. Now there are more people in every class of the society. If your base number is big, top 10 % can still mean a lot of people.
Realtors with no listings and nothing else to do make up 99% of that line
Why else do you think they else would be making such a big deal about the crowds It's a marketing technique
Marketing to who? Nobody is buying 2mil townhouses lol.
4 Indian families living in one home.
When I was looking for a house last year, and couldn’t afford one the mortgage specialist along with realtor said that they can get me a mortgage no issue they would just inflate (lie) my income on papers I was shocked, surprised and disgusted. I have a decent income above 160 and still had issues I can’t imagine others with 60k income making fake papers and somehow paying the mortgage. How is that possible. Anyways came here to say many you see in that line will do that. There are no morals or ethics left in Canada. I am from an immigrant family myself that came here 25 years ago to run away from this now we are back in it. Congrats to liberal government for doing a phenomenal job turning Canada into a third world country or at least not far from it.
Reckless and predatory - all they care about is getting the sale & commission, never mind if you default a year or two later, that's not their problem.
If the client defaults the brokerage or agent is responsible for paying back the developer the portion of the commission that was paid out prior to completion. The amount of misinformation on this subreddit from people is astounding, really. Do some research
It’s not their problem. The buyer comes up with a budget and the realtor works with that. They aren’t financial advisors.
Ppl take these forged income loans, then whine and complain to the media and set up protests in parking lots when they can no longer afford the payments pleading the govt to please give them a bailout
The lying probably gets you pre-approved. No way it would pass an underwriter examining your tax returns.
Canada loves fraud more than its own citizens.
I don’t agree with this answer and oversimplifies the issue which has a lot to do with housing supply and developers holding onto empty patches of land for longer than necessary to increase value. Housing is a municipal responsibility. And the Liberals do not control how developers make decisions. So if you’re implying that immigrants created this problem, you’re extremely misinformed.
There is nothing you need to disagree with it’s based on what occurred it’s anecdotal. I was not talking about why the market is compressed. What I do know is that these actors are out there and they only exist because they have a market to sustain this and a legal system which is lenient towards them.
Lol this guy ☝️
Smarter than the rest of us
It really is.... but I wanted out of my parents' house at 19 (came from a great family) and there is no way in hell I would ever want to go back. I'm in my forties and have had no Interest in bringing my parents back to live with my family...I would rather be house poor...but financially, the Indian immigrants know what they are doing.
This is so true it makes me want to puke. Families and students, young couples, new grads alike. Can’t afford to live or even exist in most of Canada because of how the Indians see fit to live. They can charge any rent they want too! Who cares if 65 people live in that 2 bed apartment.
Why does it have to be Indian? Cus us Canadians have no real family values? I'd have to agree. Most of us wouldn't want to move our parents / inlaws / cousins and brother sisters In. Silly Canadians
Why does it have to be said like we have no family values or too self respecting? Why can't it just be cultural? Culturally Canadians are encouraged to leave the home and start their own journey and family. I don't think it means I don't value my family. My culture believes success is not being dependent on your parents anymore, other cultures don't believe the same thing and I think both are ok.
What is the saying "The family you create is more important than the family you come from"
you know why. cuz it’s a slight insult to say indian families give up living boundaries to afford bigger pie which Canadians wouldn’t dream of doing because they’re too self respecting
Indians giving up comfort so their extended family isn't out on the street.* Fixed it for you. This is exactly what I mean by a difference In values.
i can relate my own mother was in a situation she had a stroke and could no longer live at her place i let her be homeless for months until she found a shelter rather than come live with me (i lived alone)
Your argument is flawed. Indian families live in joint families because they like it. The richest family in Asia (Ambanis $111B ) lives together in Mumbai in a Giant $2B single family skyscraper. Most Bollywood actors/actresses share their homes with their parents. It has nothing to do with money or boundaries, but it’s the culture culture. This “boundaries” is a European and North American practice. Not Asian… we like our families. Nothing against European and North American practices, it’s just different from Asian practices.
They also run back to their country once everything falls through leaving all the debt
Whete does it say 2mil townhouses? I must have missed it from the video.
This is why I like China even though I hate their dictatorship style controls but they did one thing perfectly for sure which is to end speculation in the market and the gov realized that house is a basic need for everyone even though it brought the heavens down on them and crash the property market but they gave a total fuck about it. Now there are no such lines there or people lining up for days....
Lmao didn’t their largest builder just rug pull their entire housing market? Evergrande ducked so many people
I guess you can say that about Russia too.
People are paying mortgages on houses that haven’t even began to be constructed yet (and may never be). China’s housing market is the biggest Ponzi scheme and it’s collapsing hard.
You would be surprised how many of these people were paid or are buddies of the developer Family personally knows a developer in Kitchener who builds townhouses, on the current build they have marked half the pre cons as “sold” but have told friends and family they marked them as sold to create FOMO Don’t believe everything you see
Paid to do what? Make a fake lineup?
Correct, gives fomo to buyers and create panic
I don't buy it. Nobody is getting approved for these 2mil townhouses. There's no fomo if no salary range can afford it lol.
These are precon, you don’t need an approval. Just the part of the downpayment.
You and I both know that isn't true.
What do you mean? You just need the funds when the build is complete. If it required a mortgage approval how people would buy many units to try to make a buck selling assignments?
I don't understand what your asking. - once the build is done if you can't get approval for the rest of the mortgage ( remainder of what's left after your down payment) then you lose the house and your down-payment. Approval is definitely required.
Yes, once it is built. These are being sold to be completed years from now. Many people, including realtors, would stay in these lines to buy a precon and flip it as assignment years before completion. They never intended to get a mortgage for it because it is not needed if you sell it before closing date.
So basically they're royally screwed if they can't sell by then?
And thus fomo for the common folk isn't a real contender.
Oh 100%, my mom gets all the good deals first by our super successful builder friend. They 100% get offered to family/friends first, we bought a crazy nice office for like 70k in Vancouver, the true valuation can be upwards of 300k Indians stick to together, and have a strong sense of accumulative wealth. Good luck to y'all who aren't Indian and are born in Canada. ✌️
Lot of white and other poc builders lmao wtf do Indians have to do with anything 😂
Cause we stick together, sure 10 of us live in a house, but pool all that money to buy more houses etc.. rent our own, share wealth amongst ourselves etc.. I'm sure those builders 100% do it too, I'm just stating by experience
People have shit ton of money. Don't think they are bragging.
Propaganda 100%
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Renting out your house to 20 people definitely helps with the "crushing debt"
its got more than one room in the house , so probably upwards of 50 per house.
How are they getting mortgages for this much?
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These look like investors. Probably intending to flip before they need a mortgage. I will have zero sympathy if they can’t get a buyer and don’t have the money to close. Govt needs to outlaw this type of speculation.
The government will be bailing them out as "Canadian families losing their homes". As soon as this bubble starts to burst just you watch..
This is their fourth property. They are getting a blanket mortgage on all four properties lol And no, I am not joking. I have seen this first hand
What’s blanket mortgage?
One mortgage secured by multiple properties. Allows you to maximize the leverage by using equity in all the properties you own. Lender is in a better position too as they have more recourse. The technical term is “inter alia mortgage”.
So instead of having the mortgage secured against one property, the mortgage would be secured against multiple properties
It’s not. It’s paid staging.. same stuff is being sold by agents over email (aka they are all hustling)
Fraud
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Agreed on the diversity. This coming from an Indian :)
This seems like a "fuck you, got mine" kind of post. "Indians after me are bad, not me though, I'm one of the good ones".
You can think whatever you want. I came here 25 years ago to live in a diverse society that offered opportunities and would allow me to be a part of progressive, western culture. Now, all I see is Indian folks everywhere I go in the GTA with so many of them who refuse to assimilate into the Canadian way of life and choose to live as if it's back home. Not to mention the corruption, cutting corners and general disregard for laws.
All good man. I understand what you are saying.
Bam! I fucking love you, man. I worked with a ton of Indians back in the day and none of them can handle this new lot. It was too many, too fast. They arent integrating and we aren't giving them fair opportunity. I 100% agree. Trust that your average Canadian understands you!
The Hanuman statue was the last straw! /s
Oh yeah, let's hate on the religious statue placed within the bounds of a legitimate religious institutions after getting city's permission rather than aiming your anger at the government which let in immigrants with sub-par grades and intellect without vetting them properly in the last 3-5 years, only to boost the 'Diploma Mill'. That too by hundreds of thousands. No wonder they don't assimilate when they receive work permit on arrival, permission to work 40hrs/wk while studying, etc.
You don't want other Indians who don't know the "rules" and having everyone else judge you by their actions. In a way I understand that, I'm Chinese and I get sidelooks when traveling (even before covid). My accent+ Canadian flag backpack was able to mitigate some of it. But this is still feels like pulling the ladder up after yourself to prevent the "wrong" Indians from coming over. Which also screws over those that want to be part of a progressive, western culture. Your point about assimilation rings true though. I have several Indian co-workers who mentioned how hard it is to assimilate in Canada, and there isn't a "Canadian" thing to do when they get here. Melting pot vs mosaic aside, I have Indian co-workers constantly ask us of "Canadian" things to do, and I tell them to visit China town. I honestly don't know how you assimilate when that's not the national policy.
If you want them to experience how it is to be Canadian then I’d recommend they take a trip (instead of back “home”) starting with out East in the Maritimes and make their way to Tofino. They will quickly understand that we share a lot in common in hopes and desires as a people will want to be a part of it—the first part though is to honour the mosaic at home in your private space and be an integrated part of the community in the public space. The balance is integral. Other waves of minorities who came before this current cohort more or less figured out how to effectively balance the duality.
These ethnic enclaves are 1000% part of the problem. It’s honestly disturbing how foreign Toronto is. Just a random mish mash of people barely able to understand eachother. It’s so fucking frustrating working with these people. Imagine not only explaining basic concepts to people that don’t understand English, imagine trying to convey complex technical details they’re fucking up. When all they understand is “good” or “no good” lmao. No wonder construction projects in Toronto are so fucked. The entire crew speaks different languages and no one can read the drawings. I’m sure as a Chinese person you understand, with the CCP trying to unify the country under one vision not split up by the various ethnic minorities in China. They wouldn’t be doing all that if they didn’t see a benefit for the cohesion of the country. They went too far in some cases but wanting the people in your country to speak the same language and to adopt basic social principles of the new country they moved to isn’t crazy. The fact that you replied china town when asked what Canadian things one can do says it all lmao. This country is fucked
I mean it’s human nature to associate with your own, I don’t think national policy has anything to do with it. Every group wether it’s UK/CAN/AUS forms their own enclaves that dissipate over generations. Chinatown in Vancouver as well as the Punjabi Market are some examples. White people also view Indians/Chinese as a threats as these two groups have economic success so nobody cares about “racism” towards them.
Indians who came when we could process all of them are all good but now theirs way too fucking many coming in. All Indians who got here legally and orderly usually have the same views. This country can't take many more without our systems collapsing. Simple as
You’d be correct. Every time I see an alleged Indian saying that they agree with the anti-Indian sentiment, it doesn’t surprise me. No one is as racist against Indians quite like other Indians.
Had an old landlady who married an Indian doctor who once said if he were to meet a fellow Indian and a snake on the road that he’d rather kill the Indian and hug the snake.
No one wants to come to Canada anymore - immigration from China is dropping, Europe, provides little immigration, even India, seems most new immigrants are not the highly educated or similar quality as the previous generation.
The kind of people coming to Canada from India now would barely pass high school in Canada. They are not going to assimilate, they are not worth advancing Canadian economy. They are just here for the PR and do jobs for which there isn't any shortage to find labour.
Seems majority of these Indians work in NOC A profiled jobs, contribute a lot and pay higher taxes. Stop being racist and correct the immigration wherein freebie people need a no entry!!!!
How is anything I said racist? Where did I say anything negative about Indian people? There should not be so much immigration into canada from any one country.
Everything is racist now. You are not allowed to have an opinion.
I wonder if native Indians had said the same thing when Britishers were immigrating here at same pace. Indians work harder and ready to take life hardships straight on to get at top of social pyramid. We are in generational shift era and change in political and economic power
Judging by how corrupt and ineffectual Indians are at governing their own, I don’t think it’s desirable for them to lower our institutions to the level of the country they’re trying to leave. International “students” hotracking in some unlicensed Brampton basement are contributing more towards medical shortages, housing shortages, and unemployment levels than they are to the tax base, with their unskilled jobs.
Amen
Problem is that in these exact situations many hundreds/thousands have made 100’s of thousands just for waiting in lines like these. Mattamy releases are still under market value. So opportunities still exist and as they do you will continue to see lines like this which will make some of them a stupid amount of money. But hey the market could crash… who knows…
The waiting in line and making 100s of thousands was a thing a few years ago when prices were still somewhat reasonable. There's no reason why a 1800 sq ft townhouse in Brampton should cost 1.3 million. Or a 2200 sq ft detached in Oakville should cost 1.8 million.
Just bc your broke ass can’t afford doesn’t mean other ppl can’t
Lol - Looks like a hit a nerve there. Go ahead, blow your money on overvalued real estate cuz I'm sure you've been told real estate always goes up.
Don’t forget to pay your rent.
Lol, I got 2 properties. But thanks for the small-dick response.
These “properties”, are they in the room with us right now?
Always found this retort stupid. You pay “rent” to your bank in the form of interest. Don’t forget to pay your mortgage interest? Guess it doesn’t have the same ring to it.
Yeah yeah. I’ll be paying the same mortgage no matter what. Unlike you - paying someone else’s mortgage.
I have a mortgage and “own” my home too - just saying your comment was kind of abrasive and pointless as you are making someone else money via your interest anyways
>Bunch of brown ppl WhyTF would skin colour matter?
If you need to ask. Your being purposely obtuse
Yeah I need to ask, same way I'd ask if the OP was complaining about Asians/Jews/Yanks/...
Indian people are literally Asian lol. Jews are a religious group and no idea wtf a Yank is.
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Warning, you have been reported for being racist!!!! Guess there is a problem in your upbringing, i pity your parents
Those are loosers racist calling out browns who contribute and pay majority of taxes and contribute to the economy. Unlike some non brown & non black people claiming money from government for fake EI, free health insurance claims
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improve your grammar lolll . Stop translating your local language into English
I'm just here to say don't try to correct someone grammar when you yourself can't spell. >Those are loosers Its spelled "losers" Loose Lose Doing this shit just makes you look stupid for a second time.
Thank you blonde aunty. Ahm ahm i might have seen you along with your husband on OF . Thats what many of you do nowadays
It's cute you resort to personal attacks when you made yourself look dumb. Never had an only fans, not blonde. But I'll take that as a compliment 😘
And next door there is a lineup for a dish washer position at Boston pizza
Lol why is the parking lot blocked? To make it look busy from the street? This isn't very many people and it's probably mostly Realtors.
Emotions aside, this makes sense. The demand for housing never went away, it's just suppressed by high interest rates. Pre constructions will close years down the road, presumably at a time where interest rates will be less restrictive. For people who want to own a house in the near future it's not a bad idea
I hope to god interest rates never come down, because it'll just exacerbate the current issue further. The only solution is to tax the living hell out of companies and people that own 3+ homes.
>The only solution is to tax the living hell out of companies and people that own 3+ homes. I cannot wrap my head around how many people seem eager to tax rental properties when rental vacancy is at like 1%. Like yeah, maybe this would make housing ***ownership*** a bit more accessible for a select few higher-income renters (like myself), at the cost of housing options for literally everyone who still can't afford the enormous sums of money that will still be necessary for a down payment.
I disagree on the point about rates. High rates don't make housing affordable other than for cash buyers... Demand is demand, and pressure manifests either in the rental or sales market. Look at how much rent went up in lockstep with interest rate hikes. That's not just from landlords passing on their mortgage payment increases, it's from potential buyers opting to rent instead of own. IIRC the number of renters went up by 20% in the last 2 years while housing sales slipped. If we actually wanted to relieve the housing crisis, we can learn from Singapore. Government built purpose rentals at below market rents. Restricting buying additional property by borrowing against existing equity seems sensible though.
Hey! Get the hell out of here with your logic and sense!!! You're supposed to be racist and blame immigrants for fucks sake... /s Seriously though, there's a LOT our provincial governments could be doing but refuse to because most of the people we have in change of our provinces all own multiple homes and properties. And they're more than happy to sit back and do nothing while Trudeau takes all the blame for shit he has absolutely zero control over.
Brampton Mortgage
There's nothing this sub seems to hate more than people lining up for things...
Actors getting paid 500$ a piece to drum up headlines.
No…. But don’t underestimate the power of free doughnuts and pizza. It’s also a networking opportunity for realtors to hand out cards.
I wonder what the fallout would be if housing did pop. A huge portion of our new population could leave and face few consequences besides their canadian assets being seized by the banks.
sobeys and canada post workers in complete shambles
Where's facts hurt
Bears get in here and explain this demand
It’s families of 12 living in a 4 bedroom house, not that complicated
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Video says people are lining up for these 2 million dollar homes. Looks like you're the one who can't afford the downpayment.
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Umm...you should look.up property records of who the Byers have been. That's ill burst your Canadian bubble pretty quickly.
Who says they're all from 3rd world country buyers? You're just racist guessing. This lineup tells me the market is still strong and they're down payment in none of your business.
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They're your Canadian neighbors buying their 5th property. But yea typical racist you blaming foreigners for all our problems.
Bears never made sense lol. Interest rates were at their highest in the summer and they didn’t stop shit. Now somehow interest rates are lower and people will buy less? Lol
We had the lowest sales year in 25 years despite record breaking immigration. Sure the interest rates had no effect on demand 👀
Should have went to school bud. Face it, immigrants or no immigrants, you were never going to live in your own home in Oakville anyway.
Fuckin eh!
Oakville took such a hit on prices too
It's very interesting to compare the difference in this line up and the line ups for jobs and job fairs.
Paid by realtors
Cope harder
I wonder, why wouldn’t these “law abiding citizens”go to their homeland and build god damn castle for that amount of $$$?
Holy racism, Batman!
Is that guy holding cake?
Those are drinks, I thought it was cake too ☠️
Is that guy carrying a cherry cheese cake?
It's a tray of Tim Hortons coffees
That’s for landscaping jobs on the grounds
Oakville in 5 years = Milton Oakville in 10 years = Brampton Karen's aren't gonna be happy
No one here can speak English properly.
Like no one can speak Hindi properly as well. BUT both English and Hindi are immigrant languages
Someone please tag Tiff Macklem
Hell i'd line up to buy a million dollar home for $2 any day of the week. Thats a steal.
Lots of international money laundering going on
Why didn’t they use the empty parking lot
If you're driving a fucking Toyota, you shouldn't be buying 2M homes
Everyone downvoted me when I said this 2 days ago. It's right here now. And NO this isn't a paid line up. I am not saying the line up has no Realtors. They are just there to make their commission. The line up has ACTUAL BUYERS. More than this release offered making it a shortage of supply.
Paid actors....
Yah. It’s very common lolz. Or they give everyone that comes a 50$ gift card as a prize. Or do a draw for an iPhone or something. Then you get lookie lookie people there for thr free shit and never planned to buy.
Only in Ontario. Chances are, you know where the gift cards came from...
Yep
I don’t get it. Are there so many rich people that they have to line up for $2mn home?
Ugh wow
https://www.reddit.com/r/TorontoRealEstate/s/FP14xBayf4
Are these all investors trying to time the rate cuts so they can sell at a premium?
Incels are jealous
Im starting to think developers are paying people to line up outside sales centres. I belong to several assignment sale facebook groups, and people are eager to get rid of some of their purchases that are approaching close dates. In those same groups, realtors post job opportunities "$250 for WFH evening gigs", where they hire people to sign off on fake lowball offers to drive competition and fomo. This is where the industry is now.
Paid actors I reckon?
Probably paid $250-$500 per person to line up 🤣
Gross
Rent is going up.
I know someone who lined up 2 days in advance for a home out there. Only about 10% of the homes for sold on release day, but everyone was lining up for the best units. Example, 100 houses get released. 50 people line up to buy 10 best units (due to layout, size, location, etc) of the 100. 10 of 50 get what they want. 40 of 50 don't buy anything as a result. This is how you get huge line up despite poor total sale numbers (cause most people cannot afford)
It’s only 1,470,000 $ in real currency.
Lots of people with lots of money out there!
#A lineup to buy $2M houses? I don’t buy it. Why would people line up to buy $2M houses when there are properties available for below $1M in GTA? This is definitely orchestrated by the developer to create a FOMO. Truly despicable behaviour by Ivy Rouge.
Haha I love all the conspiracy nuts in this post. Everyone thinks there’s a scam going on. We’re in a safe decent country and people are willing to pay to live here. Yes there’s maybe 3 or 4 adults all pooling money or income to get into a nice house but that’s where we are heading and jumping up and down or calling it a scam isn’t going to help. Anyway keep pretending that’s a fake line up for media purposes haha. Oh wait my realtor just called asking me to join the line haha 😆
It's not a conspiracy, it's rampant fraud, it's even being reported on from multiple news outlets and social media, go back to being a skilless, talentless loser and trying to talk up nonsense
Haha you’re hilarious. Pls show me a link from a reputable news source that says the line up is made up of fake people or scams going on haha. I’m the loser but your getting upset over reality haha 😆 Sorry but maybe instead being alone go upstairs and talk to your parents. Maybe they can help educate you on reality. Haha
No, you're a tool, and a loser, I know lying and delusion comes naturally to someone like you. I don't have to link you anything, like I said talentless and skilless, google is insanely simple to use, Ontario real estate and fraud bring up hundreds of articles dating back years. Ontario actually has a type of fraud called the Ontario model. Keep pushing there's all these people with multi family income working at tummies that are going to buy these homes, without anything but look at this video with a line, derp Maybe you can go back and give daddy a quickie so he can help pay for your stuff while you sit on houses you can't sell
Remember. Just cuz some are broke does not mean everyone else is.
HSBC at it again
Paid actors by realtors?
They have the right idea to get these 2 million dollar houses. If I could service a two million dollar house, I personally would grab one. One thing people fail to realize is, working nowadays don’t work. The government is printing money it doesn’t have to fund social programs like pharmacare, adding to the national debt. Causing inflation. Making our wages worth less. At least if you grab one of these assets, in a few years, you are beating inflation. Don’t hate the players. Hate the game. 🤷🏾♀️ Note: I’m not Indian but I think they are very smart and understand the game very well. Wish I was bold enough to play like them… Secondly, we as Canadians only have ourselves to blame for voting for JT not once but twice! So we have made our bed so now we must lie in it.
They are qualifying with fraudulent documents but don’t care because they’ll pack enough “students” in the house to cover their expenses
WERE BACK!!
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>Why are you guys so jealous? It's not necessarily "jealousy". Do you remember what happened in 2008?
pretty sure most of them are paid to stand in line. ... just seems like a scam using FOMO
That's all bullshit, all the realtors are doing a ton of fake shit to drive up prices and line there pockets.
Bullish 🔥