A Boomers View of the Canadian Housing Market
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by Reed Dotto
Hello and welcome to the first edition of The Dotto Gazette. My first few articles will focus on how I have experienced eCanada as a new boomer and what difficulties I feel we face.
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In my first issue I wish to discuss the housing issues new eCanadians face. When I had finally reached level six and acquired five gold, I was excited to go out and buy my first home. I remembered posts on the eCanada forums of individuals selling their quality one homes for as little as 4.2 gold and with the five gold I had, I was ready to buy.
First thing I did is I went to the monetary market and calculated the Canadian exchange rate for gold. Once I had done that I skipped over to the market place and was immediately surprised to find that I would have no where near enough money to purchase even the cheapest house on the market. This must be a mistake I thought, considering how cheap houses are sold for elsewhere.
Confused I contacted a few Canadian companies to see if I could offer them my five gold in exchange for the most basic of a home. Each reply was the same; they all claimed they would take a loss on most sales under six to seven gold.
With only five gold and a desire to obtain my first home, I turned to the official forums. Many people were offering homes for prices between 3.8 to 4.5 gold but many were newer accounts and as a new citizen I did not know who I could trust. I posted that I am a newer citizen and I was in the market for a home to call my own.
I later received a message from the World Brokerage Firm, an Australian housing organization. They had a history of good home transactions and offered quality one houses for 4.5 gold. I sent them my gold and hoped that I would soon see my home. Within fifteen minutes I was the proud owner of my first home, even if I had to go outside our borders to acquire it. Since then the World Brokerage Firm has been very helpful in my upgrading and I am sure will be as I continue to grow.
This firm has made me wonder though how an individual can offer this service and turn a good profit, yet our own country does not have anything in place to set up its new citizens with better quality (or any quality) homes. I believe eCanada should create an organization that follows a model similar to the World Brokerage Firm (without the profit) and in exchange we would see the average wellness of our boomers increase sharply. It could sell and buy at the same cost and allow eCanadians to have access to safe and easy upgrades. This would cause less new citizens to become discouraged with our current housing market and increase productivity throughout the nation.
To conclude I feel that too much gold is slipping away from eCanadians and ending up in the hands of other nations due to our current situation. With a bit of organization, I feel this problem can be easily fixed and would increase the amount of currency our average citizen has. Please share your thoughts below (good or bad) and if you’re a newer citizen and interested in the World Brokerage Firm, they can be found here:
http://www.erepublik.com/en/organization/1405589
~Reed Dotto
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Comments
Our government can't afford to give everyone homes. What needs to happen is we have more people working in the housing industry to drive the price of homes down. We have the wood and we are slowly getting the workforce.
Reality is, is that it is way cheaper to buy a moving ticket, head on off to Romania, fight one fight, hospital up at a q5 and fly home.
However, if there is ever a version of erep that takes away that ability to essentially have wellness for the cost of 2 moving tickets, the housing industry would have more demand. And if that day ever comes, eCanada is in a sweet position with all the wood we've got.
But government intervention? It would just be throwing money at a problem that could be solved by private business which helps stimulate the economy at the same time. The demand isn't there. We need to stay away from the welfare state mentality.
Thank you for the mention.
First, I do buy, sell, and trade houses. I have contacts all over the eWorld. For different reason people offer different deal packages to me. My latest deal was 10 Q1 houses at a good price. I am able to pass those savings on to my customers. My houses sell for less then any market in all of the eWorld.
Second, these houses I sell are "used" houses yet EXACTLY the same as new. Houses do have equity and do go up in value. If you bought a Q1 house 2 months ago you may have only paid 2 Gold for it and you are more then happy to make money selling it for 4+ gold. I also accept trade ins.
Third, the housing market is always changing and prices are moving up and down from day to day.
I started this ORG because I got ripped off by someone when they required me to send my money first. I am honest and trustworthy. Currently I have a waiting list of people who have paid for Q1 houses. I have offered a prompt return of their money or they can stay on the list. It has also been made known to them that they may request their money back at anytime and be removed from the list. Also, if you feel uncomfortable get a contract. Remember that it costs 5 Gold to have the Admins review the contract and it can take weeks for a decision. And the decision may not be in your favor.
Please direct any questions to me at the "World Brokerage Firm" about buying, selling, or trading houses. I buy, sell, and trade ALL Q Level houses.
Nice article and good info to pass on!
John (Icey1174)
I am not suggesting we give away houses at all. What I suggest is we create a eCanadian organization that buys and sells houses for the same price (no profit margin). Since it would only buy and sell to eCanadians, it would keep gold circulating in eCanada, instead of elsewhere. Newer players would not lose gold at each upgrade as they can resell back to the organization when they upgrade and get a full refund.
Even with the changes in the housing market, if we keep the prices we buy and sell at close to the black market average it should not cost much (if anything) for the government to operate. Even if it costs a few gold a month, the benifits of more productive and less discourages citizens I think outwieghts the small upkeep costs.
Except the already existing housing companies would give birth to a litter of puppies if that happened. Housing companies would go belly up and people would lose their jobs. All those unemployed people would work for the government company, but since they are essentially non-profit, wages would be super low. People would probably leave or just work for low wages. Eventually what would follow is a government sanctioned wood company(ies) with the same effect. It's a tricky balance. The more we go down the road of government run institutions, the less profitable our country as a whole would be. The best our country would be able to achieve is mediocrity.
As it is though Canadians can get this same service outside of Canada and are getting it. If we offer the same service (without the profit margin) in eCanada we can at least save our citizens money and keep the gold within our nation. We could have the organization make deals with the housing companies to buy their supply and try an work out ways to make it profitable. We could also look at housing exports to have companies thrive.
So you are proposing a housing organization that buys Canadian houses and sells Canadian houses to Canadians?
Good ideas and a good debate! 🙂
More of an organization that recycles houses between Canadians and keeps gold within the nation. The organization could work with housing companies to restock supplies as needed. The government may end up losing a small amount each month but I feel the taxes gained by the overall increase in production could come close to balancing it out. It would also help us hold on to the boomers and show them the government does not just cater to the long established masses.
But if the government is losing money on each home transaction they will increase taxes somewhere along the line to compensate. After a shakedown, home manufacturers will just export them to a place with less taxes. Sure the eCanadian gets a cheap house, but he pays more taxes on other things to plug the hole.
I don't think it's a bad idea, it just seems redundant (and taxing...) Why shouldn't eCanadians just save up and buy houses from the cheapest person.
Besides, if the government really wants to implement a "buy Canadian houses" mandate, they should just increase the tax on import houses to Canada so the cheapest house to buy is an eCanadian house (or a gift-gift so-called black market house)
I do think eCanadians should buy from the cheapest person. The problem is that it is currently the black market. I guess my idea settles more around the idea of creating a canadian specific black market that does not make a profit. In fact if the government wanted to, they could actually use it to make a profit if they wished. The organization I mentioned above does. I am just suggesting their model copied but with the profit margin removed for the benifit of the citizen.
I understand your concerns though. It seems like it could end up being expensive to keep up. It would require working out deals with Canadian companies and some effort on the part of individuals to maintain. Although I think those things are worth what we would gain. I may be wrong though.
World Brokerage Firm seems a fine and going concern. They even tied a nice new bow on my house. Looks good as new!
I live in a cardboard box with a garbage bag for a roof. good debate good ideas. but like brooks said, this could affect the economy.Just about everything does.What about a organization that accepts donations(is there even any1 who would donate an old Q1 house) to give to those that require it (low wellness like really low)but have been playin for awhile. Many type of systems can implented into this idea. a "House loan" could be possible. give a house. the person who receives the house must pay weekly payments (or bi weekly) till house is paid. maybe get something like a "collector" to collect homes that are unpaid. nice idea though, needs more debate though.
heres some advice, get some medals, then invest the gold youve made into the monetary market, great way to make extra cash, i turned 15 gold into 25 gold in about 2 weeks
the more money you start off with, the more quickly you will make money
laissez-faire, let the invisible hand do all the work.