Mindblown: a blog about philosophy.

Avg home prices in the Greater Toronto Area (GTA) surged to over $1M. Financial gifting from parents has become crucial for first-time homebuyers.

Traditional municipal truths: capped property taxes and preference for single-family neighborhoods. Change emerging as cities recognize low taxes and housing restrictions strangle development.

Every show home uses tactics to create an idealized version of a property. Tricks include creating a lifestyle story, using pitch-perfect props, subtle symmetry, heating up the space, omitting TV screens, using mirrors for illusion, showcasing high-end finishes, clever lighting, missing internal doors, uniform flooring, child-sized furniture, and missing essential items like fridges. Continue to…

Overbidding has returned to dozens of GTA neighborhoods ahead of the spring selling season. 25.1% of areas in Toronto entered sellers' territory in February.

Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!

Easter is a Christian holiday that celebrates the belief in the resurrection of Jesus Christ.However, according to many theologians, Easter originally began before the arrival of Christianity.It is believed that Easter is named after the Anglo-Saxon goddess of the dawn and spring, known as Eostre.Examples of Easter traditions include Easter eggs and related games such…

Toronto has regained its position as the second most expensive city for renters in Canada, after Vancouver. Rent prices in Toronto have slightly decreased, but nationally, they have increased by 10.5% compared to last year. The cost of renting a one-bedroom apartment in Toronto is $2,495, and a two-bedroom is $3,287. Rent prices have risen…

Condo prices in GTA shifted significantly, offering tempting deals in 2024. High interest rates and low activity changed the GTA condo market in two years.

Current progress: – Ontario is ~19% towards its goal of building 1.5M homes by 2031. Challenges and contributing factors: – Shortage of builders and land, along with a bias against development, hinder housing growth.

GTA faces housing needs for both rental and ownership, but adding supply is complex and time-consuming. Purpose-built rental struggles economically, especially in justifying initial investments, making it sensitive to tax changes.