Personal opinions only:
Facts: The earlier you bought the property in the past 12 years, the happier and more proud you feel for yourself now; the longer you've waited, the more regretful you are. People who own property(ies) are laughing; those who followed so-called economists' advice should use their own judgement from now on.
There are so many rules to follow as to housing market, however, it's not always so, because Toronto has now become such a place where anything unpredicted may occur.
No Rule is the rule.
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