S Atwal (@MisterAtwal) profile picture

PB-32 / Toronto

Joined November 2012
Photo by S Atwal (@MisterAtwal)Photo by S Atwal (@MisterAtwal)Photo by S Atwal (@MisterAtwal)Photo by S Atwal (@MisterAtwal)Photo by S Atwal (@MisterAtwal)Photo by S Atwal (@MisterAtwal)Photo by S Atwal (@MisterAtwal)Photo by S Atwal (@MisterAtwal)Photo by S Atwal (@MisterAtwal)
MH tip #2: practice art of stillness. Take 10 minutes to just sit quietly away from distractions & just focus on your breath. In a society where it is badge of honour to be busy, where we bombard ourselves and our kids with activities, allot some time for yourself. #MentalHealth
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Harrison using Webster’s English dictionary to explain to us that the ‘Canada Day CARNIVAL mela & TRUCK SHOW’ is a religious festival. As much as we love trucks, I can assure u we arent starting a secret cult called Truckism & recruiting PP as our leader.Power of disinfo is real.
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Me realizing the occupancy fees for my pre-con are $4600 and the maximum rent I can get is $3200
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Bomb the shit outta them. Then give them Visas. Then get mad at them for not integrating into society after ignoring any lifelong trauma from losing their entire bloodline. Then threaten to deport them back to countries where we made them refugees in the first place.Rinse.Repeat.
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Ok fast forward a year and let’s assume every international student is sent home. You will still have the same problems, you will still have a monster mortgage, truck payments > $1000/mo., $10K to go on a family vacation after being burnt out at work. The only winners in this
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race to the bottom are shareholders who are squeezing every last ounce of productivity out of you where consumption is a marker of your value. I agree that the student program has had problems and needs to be overhauled but to blame all of your problems on kids that are getting
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The real winners in this housing bubble have been couples where the husband is the renovator and the wife is the designer (or vice-versa). Pick your partners wisely 😜
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Which young person has $60K in their RRSPs (and if they did they probably wouldn’t be making use of CMHC insured mortgages to purchase a house)? The insurance premium is almost 1/3rd of your 10% down payment amount on a $650K house. Stay indebted for life.
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Unrelated to the story but if you’re taking out HELOCs against your existing house to pay for a deposit for your new house, you have no business buying a $1M house lol.
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Edmonton where you can buy 5 houses for the price of 1 house in Toronto. Our beloved Toronto home builder Mattamy has already taken notice 🙄
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When your realtor tells you to paint the walls and you decide to destroy the exterior instead… Happy Valentine’s Day!
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Anyone come up with a catchy name for the recent mortgage fiasco? I suggest the ‘Child Actor’ or ‘bumfuck nowhere’ mortgage. Another example that fraud is rampant from Vancouver island to Kleinburg amongst every demographic group despite @sm_cmc being ostracized for saying same.
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How to lose over half a million $$$ in 6 months GTA RE edition. ⬇️ $270K (price) + ⬇️ $157K (commissions) + ⬇️$75K (holding/closing costs) = ⬇️$502K. If u make $100K/year ($70K/year after taxes), it would take over 7 yrs to recover from loss assuming u saved 100% of after-tax $.
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When you don’t have a clue but heard about bond yields over Christmas dinner. She anticipates a resilient economy and in the same statement furthers her resolve that the economy likely won’t be strong this year.
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2023 Year in Review-comparison of GTA detached prices month prior to BoC rate hike in June (sentiment shift) vs Now. Only going to comment on areas with >= 20 sales. Halton Hills leads list of declines followed by Ajax, Clarington, Brampton, Caledon, Burlington & Toronto Central.
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There is a sprinkle of green but King/Adjala have 5-6 transactions in Dec so more a story of sales composition than increases. Stouffville & EG are flat: More of the same theme - Ajax & Clarington showing weakness in Durham & Halton Hills, Caledon, Brampton, Burlington in west.
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Buy and wait they said… 6 years later you’ll be down $230K from the hysteria of early 2017 + $150K closing costs + holding costs + time value of money + opportunity costs = a grand total of they fked you 📉
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Realtors continue to play stupid games. Here’s a detached in Woodbridge that didn’t sell for $2.3M (after a week on the market) so the logical next step would be to reduce the price by $1.3M right? Get the $1M over asking signs ready 🚀👀
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October update - another grind down. Traditionally strong markets ⬇️ in past 5 months: Toronto Central ⬇️ $325K, Oakville ⬇️ $250K, Vaughan ⬇️ $175K. Durham: Pickering, Ajax & Whitby, which saw ⬆️ covid gains barely hanging on to the $1M median price range (Pickering ⬇️ $240K).
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Had the privilege hearing Dr. Abueliash speak at my convocation. It was an inspiring message because despite losing his daughters in a bombardment, there wasn’t a shred of hate in his voice. It was a message of hope, resilience & peace.
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It’s -12 degrees in Calgary and they are expecting 25 cms of snow. Meanwhile it’s 18 degrees here and sunny. Where tf are all of the tourism Calgary ads and no I don’t want to go to the Kananaskis Nordic Spa while I’m freezing my ass off.
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