http://www.truecondos.com/

http://www.downtownrealty.ca/newlistings.html

https://www.buzzbuzzhome.com/upper-mount-pleasant

http://paradisedevelopments.com/pages/soon.html

http://www.newinhomes.com/ontario/fort-erie-real-estate/index.html

http://www.realvaluehome.ca/New_PreConstruction_Townhomes_SemiDetached_Detached_houses_GTA_prices_floorplans.html

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Revenge can be bitter sweet, but if u sit back and watch, KARMA can be pure entertainment.

I am just curious...how actually are people going to buy any of these properties for investment?


Options:

A) Lots of surplus money.
B) getting loan or borrowing to invest.

Are CD's really going around buying properties? I would think most of us are in a wait and watch mode to see how the economy goes. I seriously doubt if anyone here has a hard cash of even 50 K in the bank.


Is it the real estate industry strategy to keep the market hot?
Is the goal to make a quick "pump and dump" strategy?

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Originally posted by Rajagopal



Are CD's really going around buying properties? I seriously doubt if anyone here has a hard cash of even 50 K in the bank.

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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)

Deleted.

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Originally posted by Blue_Peafowl

Quote:

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Originally posted by Rajagopal



Are CD's really going around buying properties? I seriously doubt if anyone here has a hard cash of even 50 K in the bank.

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Not sure if CD's going to buy property or not - but i can tell you that lot of CD's have more than 50k in their bank account - don't take CD's easy - we all know how to save hard cash

may be new immigrant still are going on saving target but seniors are well settled

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Revenge can be bitter sweet, but if u sit back and watch, KARMA can be pure entertainment.

Frankly speaking, we don't hv 50k in bank account. I believe money should roll and never kept idle lying in bank or home. How will economy grow if money lies idle in bank or at home?

Quote:

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Originally posted by Blue_Peafowl

Quote:

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Originally posted by Rajagopal



Are CD's really going around buying properties? I seriously doubt if anyone here has a hard cash of even 50 K in the bank.

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Not sure if CD's going to buy property or not - but i can tell you that lot of CD's have more than 50k in their bank account - don't take CD's easy - we all know how to save hard cash

may be new immigrant still are going on saving target but seniors are well settled

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Revenge can be bitter sweet, but if u sit back and watch, KARMA can be pure entertainment.

HP - there are lot people with 50k to 100k in - I know few of them - but yes they are not risk taker - so they saved up and few are investing in safe secure with min intrest gain.

again: i said i'm not sure CD's will invest in RE or not but they are lot of people with saving ... don't consider CD's to be poor - lot of them are in very well financial situation ( mostly upper middle class) .

We desi's are not poor labour class people - most of them make 50k up salary or have small/medium businesses

I found most middle class or even lower middle class like to play safe and secure - how many desi's you see on welfare/financial assistance or fake disability benefits ??? - i encounter mostly with hard working peoples - hardly see losers in our community

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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)

I know one 'Loser' on the board frequenting off and on

But he is not a loser in real sense either ...just an alias that he created when he could not get back to the US ...But I guess he is there for some time and if CD had an option of updating alias name , he would have surely updated it to 'Winner'

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Fido.