Hamilton Ontario

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I absolutely despise all the real estate billboards. They should be outlawed in a housing crisis (photo Allison Witt) (lemmy.world)

submitted 1 year ago* (last edited 1 year ago) by BonesOfTheMoon to c/[email protected]

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[–] ericbomb 3 points 1 year ago (1 children)

Man it's just crazy. Feels like people living alone is just unheard of at this point.

Like how can average people possibly buy a 900k property at 8%? The interest rate alone is higher than median household income.

[–] BonesOfTheMoon 3 points 1 year ago (1 children)

I hope it rots on the market for years.

I don't know how we can even ethically offer people immigration anymore. Like sure come to Canada but we have nowhere for you to live but in a shelter? How is that fair? Open Homes Hamilton is bursting at the seams with immigrants needing homes. It's unreal.

[–] ericbomb 2 points 1 year ago (1 children)

Yo same thing for me. A house on the same block just got put up for rent for 2,700 a month.

It's 2k Sq feet and built in the 80s and doesn't have a lawn. I bought my similar house for 240k 3 years ago.

So I'm praying it stays empty forever and the owner gets foreclosed so it gets resold for a decent price to someone who wants to live in it.

[–] BonesOfTheMoon 1 points 1 year ago

It's absolutely absurd. For Hamilton! It's cruddy here. I love the community but it's gross.