Is it Brampton?
… yep… it’s Brampton.
I hope the banks get fucked on this for enabling this racket. It would have been fucking trivial for turn to catch the fraudsters in their midst, but when there’s profits you look the other way.
this post was submitted on 01 May 2026
40 points (97.6% liked)
Canada
11949 readers
722 users here now
What's going on Canada?
Related Communities
🍁 Meta
🗺️ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
🏙️ Cities / Local Communities
- Anmore (BC)
- Burnaby (BC)
- Calgary (AB)
- Comox Valley (BC)
- Edmonton (AB)
- East Gwillimbury (ON)
- Greater Sudbury (ON)
- Guelph (ON)
- Halifax (NS)
- Hamilton (ON)
- Kingston (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Niagara Falls (ON)
- Niagara-on-the-Lake (ON)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Sarnia (ON)
- Saskatoon (SK)
- Squamish (BC)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Whistler (BC)
- Windsor (ON)
- Winnipeg (MB)
Sorted alphabetically by city name.
🏒 Sports
Baseball
Basketball
Curling
Hockey
- Main: c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montréal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Soccer
- Main: /c/CanadaSoccer
- Toronto FC
💻 Schools / Universities
- BC | UBC (U of British Columbia)
- BC | SFU (Simon Fraser U)
- BC | VIU (Vancouver Island U)
- BC | TWU (Trinity Western U)
- ON | UofT (U of Toronto)
- ON | UWO (U of Western Ontario)
- ON | UWaterloo (U of Waterloo)
- ON | UofG (U of Guelph)
- ON | OTU (Ontario Tech U)
- QC | McGill (McGill U)
Sorted by province, then by total full-time enrolment.
💵 Finance, Shopping, Sales
- Personal Finance Canada
- Buy Canadian
- BAPCSalesCanada
- Canadian Investor
- Canadian Skincare
- Churning Canada
- Quebec Finance
- Canada Grown Business
🗣️ Politics
- General:
- Federal Parties (alphabetical):
- By Province (alphabetical):
🍁 Social / Culture
- 2 North American 4 You (Shitposting & Memes, North America focus)
- Ask a Canadian
- Bières Québec
- Canada Francais
- Canadian Gaming
- Eh Buddy Hoser (Shitposting & Memes, Canada focus)
- EhVideos (Canadian video media)
- First Nations
- First Nations Languages
- Indigenous
- Inuit
- Logiciels libres au Québec
- Maple Music (music)
Rules
- Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca
founded 5 years ago
MODERATORS
Oh don't worry they'll get bailed out. We have a central banker as PM.
Banks never lent money in Brampton. They aren't stupid.
This is all private lenders.
No income, no credit required, just 20% down. The business plan is based on failure. Dozens of these leeches all over Ontario.
Echos of Countrywide and 2008 .... 8..... 8
Brampton
Oops. I meant to include that in the post. Thanks for the reminder.
The banks can afford it just based on all of that free "interest" money they scrape off the backs of the citizenry. The banks will be okay.
Weren't they responsible for implementing the stress tests? Or was that the mortgage brokers?
Corporations and hedge funds with swoop in and buy it cheap.
It has translated to ~25 power of sale listings this year, so I think Brampton is safe.
But hopefully their house prices will fall faster because of it.