this post was submitted on 02 Oct 2025
91 points (98.9% liked)

Canada

10526 readers
484 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] snoons@lemmy.ca 58 points 4 days ago (3 children)

Warning for Vancouver real estate as 2,500 condos sit unsold

So prices will go down, right?

...Prices will go down, right?

[–] Thedogdrinkscoffee@lemmy.ca 30 points 4 days ago (1 children)

Economics is only a pseudo-science for the rich. For the poor, it's always an ineffable mystery.

[–] khar21@lemmy.ca 0 points 2 days ago (1 children)

Where is your source for this statement?

[–] Thedogdrinkscoffee@lemmy.ca 0 points 2 days ago* (last edited 2 days ago) (1 children)
[–] khar21@lemmy.ca 0 points 2 days ago* (last edited 2 days ago) (1 children)

Cool thanks for the source clown.

I really don't understand, how do people have the gaul to make such an outlandish comment and publish onto the internet? At least try to prove such an outlandish statement with something.

[–] Thedogdrinkscoffee@lemmy.ca 2 points 2 days ago

You're asking for a source for a snide comment "published" on lemmy.

Get a clue.

[–] SaveTheTuaHawk@lemmy.ca 6 points 3 days ago (1 children)

there are over 100,000 empty in Ontario.

These idiots who keep telling us housing is priced by supply and demand need to fuck off.

[–] krooklochurm@lemmy.ca 5 points 3 days ago

The market can stay irrational longer than you can remain solvent.

Like. Since all these Ricky dinky pieces of shit started being out I've firmly believed they were a ticking time bomb waiting to happen. I feel like the whole fucking real estate market is.

Sooner or later the chickens will come home to roost.

Bkawwwwww

[–] CanadaPlus@lemmy.sdf.org 9 points 4 days ago (2 children)

Maybe for a bit as those companies go out of business. Then they go way up because there's no new houses. Or we could solve whatever the underlying problems are.

[–] DonkMagnum@lemy.lol 1 points 1 day ago (1 children)

The underlying problem is houses are priced to high. There is no such thing as an "unsold home" - they are overpriced. Mystery solved.

[–] CanadaPlus@lemmy.sdf.org 1 points 1 day ago* (last edited 1 day ago) (1 children)

The thing we're worried about here is unbuilt homes. I think I actually laid it out pretty clearly.

[–] DonkMagnum@lemy.lol 1 points 1 day ago (1 children)

Overpriced homes will go unbuilt, as will homes for foreign investors and homes for short term rentals. That's all good news so far. Demand for affordable homes for Canadians homes will continue, and so will supply. Supply of those homes will increase as supply of the overpriced decreases - ie when the real estate industry starts building what people want and no what they want to sell.

"homes will go Unbuilt if we don't bend over for the real estate industry" is exactly the same lie as "if we tax Job Creators the jobs will go away".

[–] CanadaPlus@lemmy.sdf.org 1 points 19 hours ago

The homes in the article were the affordable kind.

[–] krooklochurm@lemmy.ca 3 points 3 days ago (1 children)

The absolute gall of you, talking about solving problems. Are you even thinking about those poor rich folks out there?

[–] CanadaPlus@lemmy.sdf.org 2 points 3 days ago* (last edited 3 days ago)

Actually no. This one might not have anything to do with them; few people benefit from homelessness, and the article itself mentions some nebulous thing about the laws governing developments in Vancouver.