Snowbird selloff: Canadians are parting ways with U.S. properties

There's a different line for the poor.

Too poor to be a line.

Not if banks and corporations are the ones buying them.

Line must go up fool.

Well, Florida yes. Pulling out now is a good idea.

Plenty of other reason to GTFO of Florida on top of Trump. Climate change raising sea levels and intensifying hurricanes, inability to get insurance and a shitbag for a Governor and shitbags in the state legislature.

People don’t usually throw away good assets because one nutter got a job. Second time round though, and with the possibility that he won’t ever leave office makes that asset risky.

Mango Mussolini wasn’t nearly as antagonistic towards Canada the first time around.

While I agree, I'm guessing most of these properties will be purchased by a company like Black Rock or as additional houses for US citizens, since I'm guessing most properties are vacation destinations.

It's probably better that Americans own the properties, but I think it's splitting hairs, and I think it's worse if they go to a company rather than a Canadian. Unless that Canadian is a billionaire, then fuck 'em.

Yeah that seems good for everyone involved, actually. Like, I realize this might be intended to cause worry but people who own multiple homes in several nations are not my friends.

It's amazing it's taken a second term for Canadians to figure it out en mass.

Honestly, probably a good thing, politics aside. These areas are all ones that are gonna get fucked by climate change tomorrow. My only hope is that it's blackrock's stupid """investments""" getting destroyed in a hurricane or getting turned into a desert.

So prices going down yet?