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by hasana
2155 days ago
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I live in Toronto, which has been a super hot real estate market for the last decade. I was almost certain that prices would tank in the next financial crisis. Was in the market to buy for 18 months. Bought my first property early 2020. When covid hit, I was certain I bought at the peak, and that I was in for the biggest financial hit of my life. Turns out the federal government and big banks would bail out land owners at any cost, through emergency relief money and mortgage payment deferrals. The real estate market is now booming again with almost everything listed receiving multiple offers. |
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