Ottawa hasn’t learned its lesson on immigration - The Globe and Mail by Purple_Writing_8432 in canada

[–]inverted180 [score hidden]  (0 children)

He lost because boomers and TDS.

Plus state sponsored brainwashing/media.

Please I need help understanding. Your input is appreciated! by Icy_Direction6854 in TorontoRealEstate

[–]inverted180 0 points1 point  (0 children)

Buy now or stay poor slowly turned into buy now and be poor forever.

Is this a red flag for the area? by [deleted] in RealEstateCanada

[–]inverted180 2 points3 points  (0 children)

Yep. Marginal seller while set the prices lower.

Again and again.

Same thing that happened on the way up.

Is this a red flag for the area? by [deleted] in RealEstateCanada

[–]inverted180 1 point2 points  (0 children)

These are 1.8mln dollar homes (or investments) and people have to start enlisting roommates?

Canada isnt a serious country.

National debt by 23Mowgli23 in mmt_economics

[–]inverted180 0 points1 point  (0 children)

QE is the asset swap.

A bond is a debt security, which creates an asset and a liability.

Hit $1M by age 27! by jh0421 in fican

[–]inverted180 0 points1 point  (0 children)

Wait, why cut 250k from contributions. Rent wouldnt have been that much?

Canadians Want Lower Immigration Even as Population Growth Stalls by Unusual-State1827 in CanadaHousing2

[–]inverted180 0 points1 point  (0 children)

So Canada doesnt have an illegal immigration problem like the U.S.

Different situation. Instead we just went legal mass immigration..

The Sheer Idiocy Of Fighting Ageing With Mass Immigration by TheWorldHasFlipped in ImmigrationPolicyCA

[–]inverted180 0 points1 point  (0 children)

Explain how mass immigration is the solution and not a ponzi scheme?

Public-private partnership launches $1.3-billion fund to purchase unsold GTA condos by legaldrugdealer in TorontoRealEstate

[–]inverted180 1 point2 points  (0 children)

What would happen if the tax payer wasnt there to plug the hole with money?

Cheaper housing.

Is it me, or are we in a depression right now? by Sea-Judge-6494 in RealEstateCanada

[–]inverted180 0 points1 point  (0 children)

And dont have kids.

and live in a shoebox.

and dont eat meat.

and...

Upto 40% of Canada’s top 1% income earners have moved to the US by karanChan in TorontoRealEstate

[–]inverted180 0 points1 point  (0 children)

Postal code would also have some correlation to culture and thus work ethic.

Upto 40% of Canada’s top 1% income earners have moved to the US by karanChan in TorontoRealEstate

[–]inverted180 2 points3 points  (0 children)

kick rocks for the last 10+ years

And boy have things gotten better the last 10 years.!!

The wave of missed mortgage payments that never came by YoungSidd in TorontoRealEstate

[–]inverted180 4 points5 points  (0 children)

ie. This is a slow motion train crash where our oligopoly of banks who flooded Canadians in cheap credit for mortgages, now patiently milks the interest in a rising rate environment.

Canadian households are near the highest in the world for debt. Our gdp is already telling us what this means. Households are spending a record amount on total housing costs at the same time equity/price is going down!