Not sure about empty condo units but the city is and have been moving the homeless into empty hotel rooms. One hotel manager said the vacancy rate in his hotel is 90%. If you don't fear the virus, now is the time to do an outcall as hotel rooms are going cheap.There is also the problem with empty condo units lately. Have they implemented a vacancy tax already?
As no Airbnb's and no new people moving in I'm not surprised. The owners will be scrambling to get anyone in. So I think in Toronto it's more a market thing than owners holding spots open.There is also the problem with empty condo units lately. Have they implemented a vacancy tax already?
Not to sound like grammar police but if ppl who spell like that stop coming to toronto I am kinda okay with itI can't believe what a shithole toronto is! Bums where everywhere I must of seen hundreds of them. There sleeping on sidewalks. There drinking and doing hard drugs right in the open.
In the state of the world today people are becoming a lot more aggressive and even violent. A lot of people who lost their jobs probably entering the black market to make ends meet. If the economy tanks even more, this will probably continue unfortunately.I turn on the radio every morning when I wake up to catch up on the news and it seems there is almost always one, two or more shootings in the GTA. I don't remember this was the case 5-10 years ago. What's going on?
Between Covid and the pot shops opening the Drug business is dwindling. Less parties, no nightclubs, mean a smaller market share.In the state of the world today people are becoming a lot more aggressive and even violent. A lot of people who lost their jobs probably entering the black market to make ends meet. If the economy tanks even more, this will probably continue unfortunately.
Where do you live and when was the last time you were here?I decided to go to the Eaton's centre on the weekend haven't been in years. Shopping get something to eat few drinks.
What do you mean no Airbnb's. That restriction went away in early June.As no Airbnb's and no new people moving in I'm not surprised. The owners will be scrambling to get anyone in. So I think in Toronto it's more a market thing than owners holding spots open.
And what tourists are coming in to book them?What do you mean no Airbnb's. That restriction went away in early June.
For the most part living in the core along Yonge st is very overrated and very over priced imo. still many amazing neighbourhoods but you have to veer off Yonge St. St Lawrence market, Queen west, king west, Roncy, Yorkville (yes I know its kind of on Yonge st but its an exception) are the best boroughs I think.That’s exactly the problem with Toronto. Turning everything into condos just destroys the character of the city and also further exacerbates the problem with gentrification. I’m not into urban neighborhoods myself but I remember gallivanting in Toronto in the 90s that included trips to Captain Johns, 4Ds Diner and Honest Ed’s.
Now if you walk on Yonge Street it’s as though every other business is for lease. Unless you’re OK with living in a concrete jungle, Toronto is probably not for everyone.
So true. I've lived in Toronto all my life and have no desire to visit that area unless I'm going to Massey Hall. So many better places to visit in the city. Obviously things are different right now. I think the OP already had his mind made up that he hates the city even before came to town.There are way better spots to go other than Yonge and Dundas area. You went to the typical tourist trap, no local will ever go. Like someone else said do your research look up reviews.
No tourists but locals renting ABNB houses to throw huge parties and shoot a few folks.And what tourists are coming in to book them?
Airbnb is trying to crack down on any kind of parties.No tourists but locals renting ABNB houses to throw huge parties and shoot a few folks.
P.S. How can downtown be dead when the City is prepared to pour $3 billion to build a "Deck Park" over the rail lines?
True when he wrote this we were in Stage 2 and not much was happening.Dude, Toronto is still in Stage 2, what did you expect. Anywhere I go I have to get takeout and they wont serve me if I'm not wearing a mask, and there's a maximum of four people.
Are you from Mamora?