Mindblown: a blog about philosophy.
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Greater Toronto and Hamilton Area Housing Crisis: Hidden Costs, Bold Solutions
Housing unaffordability in the Greater Toronto and Hamilton Area (GTHA) poses a significant economic crisis, impacting workforce retention and livability. Nearly half of households earn between $40,000 and $125,000, yet struggle to find stable housing, often spending over 30% of their income on rent or facing long commutes. Without intervention, the crisis will worsen, increasing…
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New Year, New Home: Buying & Selling Tips
Start Early: Sellers should begin the process early, evaluating their home and preparing for the market.Home Preparation: Sellers should invest in updates, cleaning, and professional staging to increase appeal.
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Two 18-storey rental apartment buildings proposed for Mississauga
Two new 18-storey rental apartment buildings are proposed for a residential complex in Mississauga, adding 433 units to the existing 14-storey buildings at 1840 and 1850 Bloor St. The new development will include 181 one-bedroom, 209 two-bedroom, and 43 three-bedroom units, along with 585 parking spaces. Concerns about noise from a nearby industrial site have…
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What You Must Know Before Buying a Condo
Condos provide diverse options, including high-rises, townhouses, and lofts, each with unique ownership structures and fees. Maintenance is easier in condos, but monthly fees can be costly and impact long-term affordability.
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Happy April Fool’s Day
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!
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When Should You List Your Home in the GTA?
Want top dollar for your home? April saw the most GTA home sales. Spring dominates sales trends, as 81 neighborhoods peaked in April and 71 in May, making them top-selling months.
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Canada Invests $19M to Expand Housing in Southern Ontario
Canada invests $19M to help 10 manufacturers expand production and build homes faster in southern Ontario.These investments align with Canada's Housing Plan to enhance accessibility and efficiency in home construction.
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Home buying competition starts in these Greater Toronto Area neighbourhoods
The Greater Toronto Area (GTA) real estate market is experiencing increased activity, with new listings in Mississauga rising by 158.9% last month. In January, 22% of sold listings went for over the list price, while 74% sold for below asking. Overall, 11% of GTA neighbourhoods were in overbidding territory, an increase from December 2024. Despite…
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Will GTA Condo Markets Rebound Before 2026?
Supply remains high at 40,000 units, while demand dwindles due to high interest rates and investor pullback. Is the market on the brink? Experts warn of a construction ‘cliff’ due to record-low condo demand.
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