All Forum Posts by: Tia Terrena

 sounds good. Just sent you a msg.

 Thanks Claude, I've been thinking about getting a house downtown. I just don't know if now its a bad time or I should still go in before it really gets bad. I know for a fact in 2013 houses (not condos) are already not cheap, my friend purchased a semi-detached around Ossington and College for $700k, granted it was newly renovated. I've been looking around Christie Park because I know that area. Until this year some tiny detached house was sold over $1M there, I can't tell you how much I just lost it right there. A few people I know holding multiple houses there are not even selling anymore, 2 years ago they were asking for $500k for some run-down semi detached but I didn't take the bite, not I can't get in the game anymore. My thought is condos are not really worth buy and hold for the long run in Toronto. I also don't know how much that new 15% tax is going to affect Toronto because a lot of foreign buyers are still exempt from it. What are your thoughts?

Não sou, but my family live here. Fortaleza has become very expansive, I'd say on par with Miami if not more, just from my observation. Real estate prices grew a lot in that last 10 years. I'm also looking at other places in the North East, for beach properties mainly. If you find out any information let me know too.

 Haha certainly your potential rate of return is higher than most real estate.

I'm currently looking at beach properties in the North East. I find it strange that the prices listed (at least on the internet) is comparable with Florida. Would like to get some tips from people who knows the Brazilian market.

Yea i kind of dont think price in Toronto will drop either, just because it is still cheaper than a lot of big cities in other countries where immigrants come from. A lot of people dont know international markets so they think Toronto is a local phenomenon, but i just recently realized that real estate price in China and Brazil for example went from dirt cheap to higher than Toronto in the last 10 years, im starting to think anyone with a relative in Canada will now want to buy property in Canada,aka Toronto Vancouver

I regret not having invested in Toronto in the last couple of years, price went double in just a couple of years, but now I'm not sure if the market could cool down or will it keep climbing up. Would love to hear some opinions.