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My friend bought a house in 2008, $520,000, now she said is going to be a million?? not a huge one, just 2500Sq feet, basic need for a family of 4. The material is regular material, the house is around 20-25 years old.
I am wondering if it worths to buy a house which cost a million and it's not a luxury one. every year need to pay certain % for property tax, for canadian working family, who can afford this basic need house but a million dollar???? I guess only Drs or some big business guys, but the problem is Drs and big business guys will buy something better, maybe just 1.1 - 1.2 million for 3500 sq feet. We work more, we pay more tax. For me, it's not worth at all, whoever want to spend a million for that. just enjoy. The JJs keeps pushing people: buy now, it will continue to increase, why? just they want to make money from you!
It says "Good school area", when comparing the housing price. it's very funny. Only the Chinese Community (Most of Chinese want to buy the house in that area), the housing price increase that much?!
Why? JJs play a very important role here! One of my neighbour: a white lady told me that "They are very lucky to buy a house here 15 years ago, now so many Chinese move into this area, and their house sale much much more expensive than her brother's house! her brother bought the house in the same year also the same price in the other area"! I don't know what's my feeling, but it's so uncomfortable and i cannot tell what is. The government, bank and JJs are so happy to see Chinese to work for 50- 70 hours per week in order to buy a house in a good school area and we don't know the EQAO is not trusted or it means nothing. i don't want to be a stupid one, anyway, I know if my kids are dragon, wherever I put them into, they won't be a snake; but if my kids are snake, even I work 80 hours per week to buy a house in a good school area, they are still a snake! Wake up! |
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