Quote:
Originally Posted by canabiz
I am surprised to hear the average price for a detached home in TO is almost $1 mil. Who's buying these properties? Developers or wealthy foreigners?
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Just look at HGTV for a couple of hours and you will see who they are...young "professional" couples who are mortgaged up the ying-yang or 30 somethings who are finally moving out of their parents house with a huge downpayment (saved or gifted, who knows)
I swear, it's the same types of people buying in the same types of neighbourhoods in every show on HGTV