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Re:Asking rents in San Francisco continue to slip, but… by SadCanadian on Monday April 26, 2021 @06:09PM (#26948903)
I live here in Toronto and it’s an absolute dumpster fire. The country is increasingly becoming hollowed out and residential investments are increasing as a % of total investments. In addition, there is no plan for prosperity. GDP per capita has been stagnant or negative and the productivity numbers are weak. The housing sector is becoming a giant leech sucking the life of out of productive investment. Engineers have quit to become real estate agents and try their hand at selling to foreigners or over-leveraged locals.

Very little hope here from the eyes of a local. Maybe you can study software to get out and go to an American city. America remains relatively industrious. Canada is just becoming a high tax version of Monaco (doesn’t even make sense but still).

Re:Asking rents in San Francisco continue to slip, but… by jcims on Monday April 26, 2021 @06:29PM (#26949102)
I live about four hours due south of you and loved visiting Toronto as a kid. I had seen similar commentary recently about the real-estate market and thought folks were exaggerating. From what I could see, they weren't. Just now I was going to make a joke about the long game being in Nunavut but checked my work first and, uhh, nope. That's some crazy shit. $600k for a (nice) 5br on a half acre in the tundra? No thanks.

I know we look funny from up there but we do love y'all. My sister-in-law is from Guelph and lives in Ohio, we just accidentally bought matching F150's. So feel free to come down any time. The politics suck but the people are fine.

Re:Asking rents in San Francisco continue to slip, but… by smnrchrds on Monday April 26, 2021 @07:46PM (#26949776)
Unlike in the south, high property prices in the territories are due to the cost of shipping building materials, not the price of land.
Re:Asking rents in San Francisco continue to slip, but… by jcims on Monday April 26, 2021 @08:47PM (#26950319)
It seems the pandemic has flattened that out. Construction material prices here in the midwest are up 100-150%.