Pastel Ponylady
@pastelponylady.bsky.social
Canadian. RE Bubble watcher.
Homeowner who believes HOUSE PRICES MUST FALL and remain attainable with local incomes. Nothing else will help FTHB, and even many existing owners.
Homeowner who believes HOUSE PRICES MUST FALL and remain attainable with local incomes. Nothing else will help FTHB, and even many existing owners.
#Ontario #CanadianRE
How odd.
"Resale condos in an earlier phase of this same development, units just under 600 sq ft, have recently sold for around $370K (roughly $650 per square foot).
Yet in early November, five units in the newly completed phase sold for over $1,000 per square foot."
How odd.
"Resale condos in an earlier phase of this same development, units just under 600 sq ft, have recently sold for around $370K (roughly $650 per square foot).
Yet in early November, five units in the newly completed phase sold for over $1,000 per square foot."
November 29, 2025 at 5:46 AM
#Ontario #CanadianRE
How odd.
"Resale condos in an earlier phase of this same development, units just under 600 sq ft, have recently sold for around $370K (roughly $650 per square foot).
Yet in early November, five units in the newly completed phase sold for over $1,000 per square foot."
How odd.
"Resale condos in an earlier phase of this same development, units just under 600 sq ft, have recently sold for around $370K (roughly $650 per square foot).
Yet in early November, five units in the newly completed phase sold for over $1,000 per square foot."
If it did say that, exposing the actual acct creation location got rolled back already so I don't see that information.
Dang, I wanted to see how many of the ppl who blocked me were from Russia back when I would post there
Dang, I wanted to see how many of the ppl who blocked me were from Russia back when I would post there
November 22, 2025 at 7:40 PM
If it did say that, exposing the actual acct creation location got rolled back already so I don't see that information.
Dang, I wanted to see how many of the ppl who blocked me were from Russia back when I would post there
Dang, I wanted to see how many of the ppl who blocked me were from Russia back when I would post there
after rewording my search query and trying google on a different device I got this. (WTH google!)
He lost points due to his age (49), and a rule change www.thestar.com/news/canada/...
He lost points due to his age (49), and a rule change www.thestar.com/news/canada/...
November 19, 2025 at 10:07 PM
after rewording my search query and trying google on a different device I got this. (WTH google!)
He lost points due to his age (49), and a rule change www.thestar.com/news/canada/...
He lost points due to his age (49), and a rule change www.thestar.com/news/canada/...
2 adults, giving no preference to dates airbnb says there are 693 homes to choose from in the area. Wonder how many are local & used to be long term rentals bf STR mania
Travelers PLEASE choose motels, inns, hotels or traditional bed and breakfast. Don't contribute to this crisis! #BanAirBNB
Travelers PLEASE choose motels, inns, hotels or traditional bed and breakfast. Don't contribute to this crisis! #BanAirBNB
November 18, 2025 at 6:55 PM
2 adults, giving no preference to dates airbnb says there are 693 homes to choose from in the area. Wonder how many are local & used to be long term rentals bf STR mania
Travelers PLEASE choose motels, inns, hotels or traditional bed and breakfast. Don't contribute to this crisis! #BanAirBNB
Travelers PLEASE choose motels, inns, hotels or traditional bed and breakfast. Don't contribute to this crisis! #BanAirBNB
Lemme guess, also the first speaker that sells real estate, brokers mortgages or whose career is property investing?
Gotta be one, or combo of the three. Bc no normal, RE is a dwelling homeowner sweats a small prop tax increase to fund their city's services & amenities. thetyee.ca/News/2025/11...
Gotta be one, or combo of the three. Bc no normal, RE is a dwelling homeowner sweats a small prop tax increase to fund their city's services & amenities. thetyee.ca/News/2025/11...
November 14, 2025 at 6:45 AM
Lemme guess, also the first speaker that sells real estate, brokers mortgages or whose career is property investing?
Gotta be one, or combo of the three. Bc no normal, RE is a dwelling homeowner sweats a small prop tax increase to fund their city's services & amenities. thetyee.ca/News/2025/11...
Gotta be one, or combo of the three. Bc no normal, RE is a dwelling homeowner sweats a small prop tax increase to fund their city's services & amenities. thetyee.ca/News/2025/11...
Stumbled on this post yrs ago.
Lack of renter demand for "new shoebox" condo units (which is sadly, larger/more generous than today's "new shoebox" condo) was noticed by Toronto Realtor Steve Fudge during the time the last big bubble had popped. urbaneer.com/blog/when-dr...
Lack of renter demand for "new shoebox" condo units (which is sadly, larger/more generous than today's "new shoebox" condo) was noticed by Toronto Realtor Steve Fudge during the time the last big bubble had popped. urbaneer.com/blog/when-dr...
November 10, 2025 at 7:28 PM
Stumbled on this post yrs ago.
Lack of renter demand for "new shoebox" condo units (which is sadly, larger/more generous than today's "new shoebox" condo) was noticed by Toronto Realtor Steve Fudge during the time the last big bubble had popped. urbaneer.com/blog/when-dr...
Lack of renter demand for "new shoebox" condo units (which is sadly, larger/more generous than today's "new shoebox" condo) was noticed by Toronto Realtor Steve Fudge during the time the last big bubble had popped. urbaneer.com/blog/when-dr...
USA has recent enough experience to know this doesn't stop a crash either. Still need to maintain employment to pay the mtg, and there's all those other pesky costs- tax, insurance, HOA/Condo, Maintenance to carry too
NYT 2005 "Take It From Japan: Bubbles Hurt" www.nytimes.com/2005/12/25/b...
NYT 2005 "Take It From Japan: Bubbles Hurt" www.nytimes.com/2005/12/25/b...
November 9, 2025 at 9:02 PM
USA has recent enough experience to know this doesn't stop a crash either. Still need to maintain employment to pay the mtg, and there's all those other pesky costs- tax, insurance, HOA/Condo, Maintenance to carry too
NYT 2005 "Take It From Japan: Bubbles Hurt" www.nytimes.com/2005/12/25/b...
NYT 2005 "Take It From Japan: Bubbles Hurt" www.nytimes.com/2005/12/25/b...
Oooof.
Here's a little warning from Japan to the US around the last US bubble peak. Such nonsense even going into multi generational mortgages was used in Japan too in attempt to stop their historic RE bubble burst.
NYT 2005 "Take It From Japan: Bubbles Hurt" www.nytimes.com/2005/12/25/b...
Here's a little warning from Japan to the US around the last US bubble peak. Such nonsense even going into multi generational mortgages was used in Japan too in attempt to stop their historic RE bubble burst.
NYT 2005 "Take It From Japan: Bubbles Hurt" www.nytimes.com/2005/12/25/b...
November 9, 2025 at 3:06 AM
Oooof.
Here's a little warning from Japan to the US around the last US bubble peak. Such nonsense even going into multi generational mortgages was used in Japan too in attempt to stop their historic RE bubble burst.
NYT 2005 "Take It From Japan: Bubbles Hurt" www.nytimes.com/2005/12/25/b...
Here's a little warning from Japan to the US around the last US bubble peak. Such nonsense even going into multi generational mortgages was used in Japan too in attempt to stop their historic RE bubble burst.
NYT 2005 "Take It From Japan: Bubbles Hurt" www.nytimes.com/2005/12/25/b...
Just ONE of the things this guy did.
November 6, 2025 at 3:48 AM
Just ONE of the things this guy did.
Tried to warn people. 🤷♀️
RE is like a religion here.
Wonder WHY op's tenants keep leaving midway into a lease? If after all the other problems inherent in these condo "investments" this unit is also unlucky enough to be under/beside a problem neighbour on top of it? www.reddit.com/r/PersonalFi...
RE is like a religion here.
Wonder WHY op's tenants keep leaving midway into a lease? If after all the other problems inherent in these condo "investments" this unit is also unlucky enough to be under/beside a problem neighbour on top of it? www.reddit.com/r/PersonalFi...
November 3, 2025 at 7:45 PM
Tried to warn people. 🤷♀️
RE is like a religion here.
Wonder WHY op's tenants keep leaving midway into a lease? If after all the other problems inherent in these condo "investments" this unit is also unlucky enough to be under/beside a problem neighbour on top of it? www.reddit.com/r/PersonalFi...
RE is like a religion here.
Wonder WHY op's tenants keep leaving midway into a lease? If after all the other problems inherent in these condo "investments" this unit is also unlucky enough to be under/beside a problem neighbour on top of it? www.reddit.com/r/PersonalFi...
Greasy. Gre-he-he-easy
Ontario Minister of Municipal Affairs and Housing said on the other site they're not proceeding "with consultations" NOT that these changes aren't happening!
DON'T BACK DOWN Ontarians, protect your tenants!
Link to the post in the screencap: x.com/RobFlackEML/...
Ontario Minister of Municipal Affairs and Housing said on the other site they're not proceeding "with consultations" NOT that these changes aren't happening!
DON'T BACK DOWN Ontarians, protect your tenants!
Link to the post in the screencap: x.com/RobFlackEML/...
October 26, 2025 at 11:19 PM
Greasy. Gre-he-he-easy
Ontario Minister of Municipal Affairs and Housing said on the other site they're not proceeding "with consultations" NOT that these changes aren't happening!
DON'T BACK DOWN Ontarians, protect your tenants!
Link to the post in the screencap: x.com/RobFlackEML/...
Ontario Minister of Municipal Affairs and Housing said on the other site they're not proceeding "with consultations" NOT that these changes aren't happening!
DON'T BACK DOWN Ontarians, protect your tenants!
Link to the post in the screencap: x.com/RobFlackEML/...
If you think our rental housing supply should depend on building condos and buildings bought by private landlords READ THE WHOLE ARTICLE.
Let's demand our governments build enough supply of social housing so people in our communities aren't at the mercy of the LTB & scum of the earth landlords.
Let's demand our governments build enough supply of social housing so people in our communities aren't at the mercy of the LTB & scum of the earth landlords.
October 23, 2025 at 5:09 AM
If you think our rental housing supply should depend on building condos and buildings bought by private landlords READ THE WHOLE ARTICLE.
Let's demand our governments build enough supply of social housing so people in our communities aren't at the mercy of the LTB & scum of the earth landlords.
Let's demand our governments build enough supply of social housing so people in our communities aren't at the mercy of the LTB & scum of the earth landlords.
🎻 Right here.
New purpose built rentals & new social housing units is building, but they'd never suggest THAT to keep Cdn's in construction employed bc it further eases demand, prices & rents their product could attain
Don't need anymore shitty bubble condos these developers had been cranking out
New purpose built rentals & new social housing units is building, but they'd never suggest THAT to keep Cdn's in construction employed bc it further eases demand, prices & rents their product could attain
Don't need anymore shitty bubble condos these developers had been cranking out
October 18, 2025 at 4:53 PM
🎻 Right here.
New purpose built rentals & new social housing units is building, but they'd never suggest THAT to keep Cdn's in construction employed bc it further eases demand, prices & rents their product could attain
Don't need anymore shitty bubble condos these developers had been cranking out
New purpose built rentals & new social housing units is building, but they'd never suggest THAT to keep Cdn's in construction employed bc it further eases demand, prices & rents their product could attain
Don't need anymore shitty bubble condos these developers had been cranking out
Our strata was much older than this one. Owners never did "catch up" maint fees being kept too low attracted new buyers who also wouldn't vote for such increases, meanwhile deferred things just pile up, creating more work/stress for volunteers that get burnt out & sell. Came away w the same feeling.
October 17, 2025 at 9:10 PM
Our strata was much older than this one. Owners never did "catch up" maint fees being kept too low attracted new buyers who also wouldn't vote for such increases, meanwhile deferred things just pile up, creating more work/stress for volunteers that get burnt out & sell. Came away w the same feeling.
Loved when the RE pumpers would say ppl w tiny mtgs or mtg free home owners would be the ones to carry this real estate bubble in perpetuity because they have all the time in the world to "wait" to get "peak prices" & would do that. 🤣 Um, no. ppl have stuff they want to do man. #REBubble
October 17, 2025 at 6:54 PM
Loved when the RE pumpers would say ppl w tiny mtgs or mtg free home owners would be the ones to carry this real estate bubble in perpetuity because they have all the time in the world to "wait" to get "peak prices" & would do that. 🤣 Um, no. ppl have stuff they want to do man. #REBubble
Thanks for sharing this one!
What time is it, it's tiny 🎻 time.
What time is it, it's tiny 🎻 time.
October 13, 2025 at 7:25 PM
Thanks for sharing this one!
What time is it, it's tiny 🎻 time.
What time is it, it's tiny 🎻 time.
"mah investment that help displaces other local families who want a home to live in"
October 11, 2025 at 2:41 AM
"mah investment that help displaces other local families who want a home to live in"
Only the tiniest violins will do.
October 7, 2025 at 6:33 PM
Only the tiniest violins will do.
Yes Virginia, there is a housing market crash.
Even though this thing is still in the early innings it's already our worst decline in over 50 years. #Canada www.bloomberg.com/news/article...
Even though this thing is still in the early innings it's already our worst decline in over 50 years. #Canada www.bloomberg.com/news/article...
October 7, 2025 at 5:53 PM
Yes Virginia, there is a housing market crash.
Even though this thing is still in the early innings it's already our worst decline in over 50 years. #Canada www.bloomberg.com/news/article...
Even though this thing is still in the early innings it's already our worst decline in over 50 years. #Canada www.bloomberg.com/news/article...
and not just FL. Under-funding in condos happens everywhere. The desire is there to keep fees low for owners, even when it will mean big problems one day in the future vanmag.com/city/real-es...
October 2, 2025 at 5:43 PM
and not just FL. Under-funding in condos happens everywhere. The desire is there to keep fees low for owners, even when it will mean big problems one day in the future vanmag.com/city/real-es...
Jesus....
This bubble has a LOOOOOOONNNNG way to fall. #OSFI #CanadaREBubble www.canadianmortgagetrends.com/2025/09/osfi...
This bubble has a LOOOOOOONNNNG way to fall. #OSFI #CanadaREBubble www.canadianmortgagetrends.com/2025/09/osfi...
September 26, 2025 at 8:41 PM
Jesus....
This bubble has a LOOOOOOONNNNG way to fall. #OSFI #CanadaREBubble www.canadianmortgagetrends.com/2025/09/osfi...
This bubble has a LOOOOOOONNNNG way to fall. #OSFI #CanadaREBubble www.canadianmortgagetrends.com/2025/09/osfi...
Quote from the article. Sad thing is, ON condos are also far from perfect, on the whole, ON condos still not setting aside enough funds/starting w a too low budget in new buildings.
![The average monthly reserve contribution in B.C. is $75 compared to $210 in Ontario, it said. That’s because B.C. requires 10 per cent of operating budgets to be set aside, whereas Ontario links minimum contributions to expected future capital expenditures, said Thomas Beattie, OctoAI’s CEO.
“We [in B.C.] are undercontributing materially, and that shortfall is made up in the form of special levies or special assessments,” he said. “In Ontario, they are contributing twice as much every month to their reserve fund than we are.”
Ontario requires condo corporations to contribute an amount “reasonably expected to cover future repairs and replacements” as determined by reserve fund studies, according to Condominium Authority of Ontario.
OctoAI estimates that in B.C., 135,000 condo owners will face a special levy that averages nearly $7,500 per unit this year, said a report on the company’s Eli Report document review platform.
Special assessments aren’t all that special in B.C., Beattie said.
“They should give it a new name, because when we’ve done the math, the average homeowner needs to budget over $2,000 a year, every year for the next decade, towards these fees,” he said, adding that it’s closer to $3,000 for older buildings.](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:2qukmscomon7tfxfz7rvbkwn/bafkreig25fjmeidmrrvb4ouncvj72ya3xtlmo5oj2ipesgpidv42g2rs54@jpeg)
September 23, 2025 at 7:20 PM
Quote from the article. Sad thing is, ON condos are also far from perfect, on the whole, ON condos still not setting aside enough funds/starting w a too low budget in new buildings.
I feel for this family and their baby. This is what happened in our old strata too. I couldn't handle another summer there when we moved.
Do you think BC should set a maximum indoor air temperature? #IndoorHeat #ClimateChange #SetMaxIndoorTemps #VanRE
Do you think BC should set a maximum indoor air temperature? #IndoorHeat #ClimateChange #SetMaxIndoorTemps #VanRE
September 23, 2025 at 5:21 PM
I feel for this family and their baby. This is what happened in our old strata too. I couldn't handle another summer there when we moved.
Do you think BC should set a maximum indoor air temperature? #IndoorHeat #ClimateChange #SetMaxIndoorTemps #VanRE
Do you think BC should set a maximum indoor air temperature? #IndoorHeat #ClimateChange #SetMaxIndoorTemps #VanRE