this post was submitted on 29 Nov 2024
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[–] Lost_My_Mind 94 points 3 weeks ago (10 children)

Hey, we heard you can't afford a house, so we're charging you fines in the amount of what it would have cost to buy a house.......we're so cool! We solved homelessness! Because now if you want to be homeless, it actually costs more to NOT buy a house. So you may as well just buy a house!

We did it guys! We ended the concept of homelessness! High five!

[–] 4z01235 19 points 3 weeks ago (5 children)

we're charging you fines in the amount of what it would have cost to buy a house

Oh how I wish I could buy a house for that kind of money. You should go look at what housing costs in Canadian cities.

[–] [email protected] 3 points 3 weeks ago* (last edited 3 weeks ago) (2 children)

$169k https://www.realtor.ca/real-estate/27687505/158-douglas-avenue-fredericton

Although the being sold "AS IS, WHERE IS" is a bit concerning. Flood risk maybe?

[–] resonate6279 2 points 3 weeks ago

Fairly common for older houses.

I'll be selling mine "as is where is" in a few months. Nothing wrong with it, just don't want the liability. Buyers will have an inspection and then make a decision on whether or not to buy it from that report.

Bought for $80k, put a ton of work into it, and will be selling for ~$250k, stair stepping into what we really want. (Also, USA, not Canada)

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