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  • saelcove
    July 24, 2012 - 09:56

    Real estate agents are nothing more than crooks

  • Think About it Folks
    July 24, 2012 - 08:13

    I'm sorry, but I don't understand the number of claims made by Telegram readers who feel that business people (developers) reacting to a general economic principal known as "supply and demand" make them greedy. It's ridiculous. I'm sorry, but if you were going to sell something on kijiji, and one person made a $150 off and another made a $200 offer, you'd take the $200. It's as simple as that. Prices wouldn't be what they are if people weren't willing to make the purchase. Developers aren't a charity. Nobody in business gives something away for less than what they could get for it. If you have an issue with affordable housing, that's something that needs to be addressed by Municipal or Provincial government.

    • Brad
      July 24, 2012 - 10:40

      The problem with your argument is that the average joe knows very little about real estate prices, even after the big 2008 recession. Since real estate agents know prices inside and out, after all it is their job, they most influence the prices, especially with their marketing tacticts like "Buy now, before you miss out" (especially with the recent changes in the rules). Remeber the only way agents and mortage brokers make money is through comission, which means they got more incentive to raise and influence prices. The buck starts and stops with the person buying. It shouldn't be our fault they made a stupid purchase decision, but that doesnt mean the middle men should get off scott-free.

  • well
    July 24, 2012 - 07:48

    Turry dont forget along with buton's high prices , the all the banks are going to make sure you or me wont get to buy any of it . I would love ot know what ass came up with at least 10,000,00 in the bank for 90days to get a morgage. i may not have that kind of money in the bank , but im paying of someone morgage at 1200.00 a month rent. So turry what is boils down to be ,according to the banks , i can afford to pay that rent every month but i cant afford ot buy a house!!!

  • Turry from town
    July 24, 2012 - 06:41

    So I guess the price of condos will be jacked up higher hey Burton? Greedy real eastate agents and developers are driving up the price because of the demand,rubbing their hands together and smiling.The cost of building materaials has not risen to the amounts to justify the cost increases. PURE GREED !

    • Jordan
      July 24, 2012 - 08:04

      So Turry I guess if you were selling your house and a real estate agent said you could get $500,000 for it you'd say nah I'm going to list it at $300,000 because it's more affordable for someone? People are not forced to sell or buy a house at what the real estate agent says is the price. Everyone is greedy, how many people don't want to get every cent for their house possible?