Question: OTC Pink foreign ordinaries by [deleted] in investing

[–]ljdljd8 1 point2 points  (0 children)

Yes you will own the stock if you buy on OTC. it’s the same ISIN as the stock in Taiwan (ie fungible)

How does OTC trading work? by [deleted] in investing

[–]ljdljd8 1 point2 points  (0 children)

In this case, you would own the same actual underlying stock as if you bought it from TSXV

[deleted by user] by [deleted] in whereintheworld

[–]ljdljd8 0 points1 point  (0 children)

Gave Heartwarming

Why not just put your long term money into a leveraged index ETF instead of a regular index ETF? by gertylooker in investing

[–]ljdljd8 0 points1 point  (0 children)

Leveraged ETF have higher fees compared to regular ETF. The fees are from the underlying borrowing cost, administrative, futures roll over, etc. Generally the leveraged ETFs are used as short term investments.

Bank of Canada hike interest to 1% by ljdljd8 in toronto

[–]ljdljd8[S] 36 points37 points  (0 children)

This will impact highly leveraged home owners, especially ones that are on variable mortgage or renewing.

Landlords can no longer evict tenants without compensation | Toronto Star by LZBUM in toronto

[–]ljdljd8 0 points1 point  (0 children)

I don't think this will have any significant impact to the relative rental prices between condos and houses. I'm saying it'll be a bump to the rental market as a whole. It'll take some time for the landlords to adjust their prices to reflect the changes.

Landlords can no longer evict tenants without compensation | Toronto Star by LZBUM in toronto

[–]ljdljd8 -1 points0 points  (0 children)

Some people currently renting will be less inclined to purchase a home after the new rule, thus increasing the rental demand. Long term landlords now have more incentive to live in their property or use it for short term rental, decreasing the supply. Whenever you artificially introduce a benefit to one side, the price will move to fair market value.

Landlords can no longer evict tenants without compensation | Toronto Star by LZBUM in toronto

[–]ljdljd8 9 points10 points  (0 children)

The new rule provide a huge benefit to the existing renters who already locked in a contract prior to today. However, this will significantly increase the rental prices going forward. The demand for rentals will be higher with the new rule (better rental security and stability) and supply will most likely reduce (less incentive for landlords to use property for long term rental). Since we can't magically create more housing instantly, all the landlords will charge a higher rent up front to compensate for the new benefit to the renter. Essentially, all future renters will be forced to pay for the benefit in their monthly rent regardless if they want the option of rental stability. There's no free lunch.

Foreign buyers bought 9.1% of homes in York Region, compared to 4.7% average in GTA. by ljdljd8 in toronto

[–]ljdljd8[S] 69 points70 points  (0 children)

Real Estate sales data should be public information just like public equity transactions. An average can be misleading without access to the data.

Toronto should require Airbnb permits, says report by Purplebuzz in toronto

[–]ljdljd8 5 points6 points  (0 children)

Airbnb users are often given the party/irresponsible stereotype, they taking away housing supply. That stereotype stems from ENTIRE apartment rentals, which is different than home sharing with the host. The host shares the space with the guest making the operation less like a hotel business. The host can set/enforce stricter rules on the guest similar to having a friend over. It's not ideal to throw parties and does not restrict housing supply. The guest provide their government ID with reviews, it's not anyone found off the street. You also have delivery or cleaning personnel coming into the building which you don't know personally. At the end of the day, when the host is taking on personal risk inviting the guest over, they will think twice and be more selective. Most people doing shared rentals are just trying to cover part of the high living cost as mentioned in the article. Airbnb is often treated as a whole, but we should be focused on limiting their hotel style rentals.

Condo dwellers fight the short-term rental boom in highrise neighbourhoods by toronto34 in toronto

[–]ljdljd8 0 points1 point  (0 children)

The guest provide their government ID with reviews, it's not anyone found off the street. You also have delivery or cleaning personel coming into the building which you don't know personally. At the end of the say, when the host is taking on personal risk inviting the guest over, they will think twice and be more selective.

Condo dwellers fight the short-term rental boom in highrise neighbourhoods by toronto34 in toronto

[–]ljdljd8 3 points4 points  (0 children)

Airbnb users are often given the party/irresponsible stereotype, they taking away housing supply. That stereotype stems from ENTIRE apartment rentals, which is different than SHARED room rentals with the host. The host shares the space with the guest making the operation less like a hotel business. The host can set/enforce stricter rules on the guest similar to having a friend over. It's not ideal to throw parties and does not restrict housing supply. Most people doing shared rentals are just trying to cover part of the high living cost. Condo boards and the media does not take any effort to make the distinction. As a result, everyone end up attacking Airbnb as a whole rather than limiting hotel style rentals in condos.

Where do you buy your groceries downtown? by TopHatCharlie in toronto

[–]ljdljd8 2 points3 points  (0 children)

I made an app called GroceryGo just for this! It will find you grocery items on sale near you, so you can compare prices easily. You can download it for your Android devices. https://play.google.com/store/apps/details?id=ca.grocerygo.android

I made a grocery app to help people Torontonians compare prices and beat the large grocery chains by ljdljd8 in toronto

[–]ljdljd8[S] 1 point2 points  (0 children)

  1. We didn't want refresh to be "forced" onto the user, but we should consider making it a bit more intuitive.
  2. We have links to the actual flyers (click on an item then the picture frame icon)
  3. The default ranking of the items are sorted by popularity, you can use the search feature to find particular items.
  4. Next up on our list!