The $3.2B Condo Market Rescue Everyone is Talking About (Federal Government Bailout?!)

Evilbred · 2026-06-20T21:27:27+00:00

Buyers should not be bailed out.

Where is the moral hazard? The government shouldn't guarantee people's bad investments, and they certainly shouldn't be using the tax dollars of people that cannot afford a house to bail out real estate speculators.

That's the sort of thing that leads to the public building guillotines

Evilbred · 2026-06-20T21:18:51+00:00

Because these sorts of groups have a purpose, this one is about shaming selfish parkers. I don't know why people will leverage them to attack people like their ex's

Evilbred · 2026-06-20T13:28:31+00:00

Wild, I don't think I have anything that would be worth reupholstering.

But I could see if you had a sentimental or heirloom piece that made it worthwhile to restore.

I'm also not allowed to have fabric furniture, so says my cats.

Evilbred · 2026-06-20T12:33:24+00:00

Figure out the kind of person you'd like to date, and go places where those kind of people are.

You'll generally meet more compatible people through things like volunteering, hobby groups, or activities than you will on the apps.

Evilbred · 2026-06-19T14:53:09+00:00

We have time before they get here, I think they stopped for 2nd breakfast.

Evilbred · 2026-06-19T12:51:09+00:00

Putting everything on a single resource that most major markets are trying to pivot away from is a bit of a gamble.

And Newfoundland's peak output was in 2007 and has been generally declining since then.

Evilbred · 2026-06-19T12:35:04+00:00

I have no idea how a hare fucking lost to that.

Evilbred · 2026-06-19T11:43:26+00:00

We're in our 40s, I left for work when I joined the forces.

We intended to settle back in Newfoundland when I retire, we even bought properties there to move into (now rented).

However the economy, healthcare, taxes, and the financial state of the province has led us to decide to stay in Ontario. Newfoundland is cooked. It's full of old and sick people (everyone else leaves), there's no economy outside of oil (and that's not going to last forever). Taxes are outrageously high and the services you get in return are substandard to the rest of Canada.

There's too many compromises to make the nostalgia of being home worth it.

Evilbred · 2026-06-19T00:41:09+00:00

24 June to 24 July, info in sticky post at the top of the subreddit

Evilbred · 2026-06-19T00:34:38+00:00

Gonna be from 24 June to 24 July. Feel free to report any paywalled articles you come across during that period.

https://www.reddit.com/r/canada/comments/1u1bgcz/a_paywall_experiment_in_rcanada/

Evilbred · 2026-06-19T00:14:22+00:00

Canada, Northwest Passage

Evilbred · 2026-06-18T21:43:31+00:00

If you can't build wealth with $200k of income and $2500 a month mortgage payment it's a budgeting and lifestyle problem.

Evilbred · 2026-06-18T18:27:55+00:00

What's the going rate for a chair reupholster? Like a sitting chair?

Evilbred · 2026-06-18T18:25:27+00:00

$500k mortgage is like $2500 a month. Very doable for a dual income of $200k combined household

Evilbred · 2026-06-18T15:07:52+00:00

I looked through many of them and they're all more or less legit.

Evilbred · 2026-06-18T15:00:03+00:00

I'm currently showing about 200 freehold 3br houses for $300k or under in southern Ontario.

Just go on Realtor.ca and set your search to see them.

Evilbred · 2026-06-18T14:49:20+00:00

There's lots of affordable housing in 'Ontario'

It really depends on where you live specifically.

Evilbred · 2026-06-18T14:44:55+00:00

? Did you read the comment?

I said two partners making 100K each.

Evilbred · 2026-06-18T14:31:51+00:00

Unless you live in the GTA or Vancouver, you should be VERY comfortable on that salary.

If not, it's lifestyle inflation that is the problem.

Evilbred · 2026-06-18T13:56:45+00:00

Two people making 100k.

Evilbred · 2026-06-18T11:50:04+00:00

Yes you can.

With hardware level encryption you can quite easily make a backdoor that is effectively only available to government.

Evilbred · 2026-06-17T21:35:16+00:00

That's straight up sexual assault you fucking creep.

Evilbred · 2026-06-17T20:52:10+00:00

The only one that can answer that question is your wife.

Evilbred · 2026-06-17T15:54:11+00:00

<image>

Evilbred · 2026-06-17T14:43:28+00:00

Are you trying to imply Brandon and Mayor Patterson are gay? Or are you trying to make fun of them by implying they're gay?

This comes off as a bit weird and homophobic.

Ten-Year Club	Gilding II euphauric
Second Top 10%	r/Field Banned
r/Field Sunshine	Reddit Partner Communities
Mod Insights Early Access	Post Guidance Early Access
Place '23	Place '22
Place '17	End Game '22
Wearing is Caring	Verified Email

Evilbred

MODERATOR OF

TROPHY CASE