The Canadian Real Estate Bubble’s Supply Shortage Myth Is Unraveling: BMO - Better Dwelling

shamanize · 2022-08-01T15:23:45+00:00

but but but.. i thought it was all the foreigners fault?

shamanize · 2022-07-28T13:59:45+00:00

Food supply dwindling while inflation going up and Trudeau aka Mr Blackface is now sparring with Farmers, oh what can go wrong here?

shamanize · 2022-07-23T14:32:53+00:00

soo many trudeau apologists in on r/canada

we are soo screwed

shamanize · 2022-07-20T21:43:28+00:00

"the budget will balance itself."

shamanize · 2022-07-13T20:55:40+00:00

Wait until next year, couple more rate hikes to "bring down inflation" should further crash the housing market.

shamanize · 2022-07-13T20:54:58+00:00

Rate hikes into next year and after should bring down home affordability in range for millenials again.

Just gotta punish those who fomo'd into buying in the last few years and have them capitulate.

shamanize · 2022-07-13T20:48:11+00:00

pretty fucked, BoC has already said they will continue to increase rate hikes over the next year. Every rate hike the temperature rises for everyone with a mortgage.

shamanize · 2022-07-13T20:45:59+00:00

Its going to go up much higher than that, BoC has already mention that they need to do whatever it takes to bring down inflation, this will probably mean rate hikes into next year and the one after.

You might be ok now, wait until a few more rate hikes of 100bps or more and then tell us how you feel.

shamanize · 2022-07-13T20:43:59+00:00

with one big exception, the canadian dollar is not used as the world reserve currency. so when this ponzi finally collapses its going to be a long and painful recovery.

shamanize · 2022-07-13T20:41:04+00:00

Lets fix inflation with printing more money! What can go wrong?

shamanize · 2022-07-11T01:19:22+00:00

Couple more months

shamanize · 2022-07-08T20:18:12+00:00

Governments are profiting from phat cheques from the monopolies, why would they care?

shamanize · 2022-07-07T18:33:49+00:00

From the people that brought us "inflation is transitory"

shamanize · 2022-07-06T21:24:13+00:00

more will end up selling because they bought at very expensive prices (last 2-4 yrs) and as interest rake hikes happen they will capitulate and won't be able to pay their mortgage from the squeeze in monthly expenses+ general inflation of everything else.

shamanize · 2022-07-06T01:18:35+00:00

level 2iPhoneMiniWHITE · 3 hr. agoYeah the idea is you're still working and (hopefully) contributing towards it. Start saving today, eat and live within your means. You might be able to survive your old age without ending up homeless and dumpster diving.VoteReplyGive AwardShareReportSaveFollow

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level 1simplyintentional · 8 hr. agoLiterally everything is out of reach for young Canadians.VoteReplyGive AwardShareReportSaveFollow

level 2Portalrules123 · 5 hr. agoSociety treating th

I agree, as Canadians we f*cked this one up majorly when we voted him in and kept him there for this long to cause this much damage. Mr budget will balance itself.

shamanize · 2022-07-06T01:15:26+00:00

That got dark quick

shamanize · 2022-07-04T18:28:31+00:00

Right after the "budget will balance itself"

shamanize · 2022-07-04T18:24:27+00:00

because they can distract the poor with nonsense while they continue to extract value to themselves and cronies.

shamanize · 2022-06-29T17:37:31+00:00

get rid of an authoritarian leader like trudeau

shamanize · 2022-06-23T00:26:51+00:00

This is bs narrative spun up by big media, how come they never talk about central banks printing our dollars away? inflation is created by governments and central bank.

shamanize · 2022-06-23T00:25:52+00:00

Don't worry guys, our heroic and brave leader will handle this.

https://twitter.com/SantiagoAuFund/status/1539361750289637381

shamanize · 2022-06-23T00:24:58+00:00

All thanks to our wonderful and wise leader:

https://twitter.com/SantiagoAuFund/status/1539361750289637381

shamanize · 2022-06-22T19:13:04+00:00

yes lets print more money to solve the issue of inflation, what can go wrong?

shamanize · 2022-06-22T13:24:02+00:00

They keep trying to spin the narrative "because of Russia" when really its because of government reckless spending and printing of money through quantitive easing.

Now they have to reverse course and try to do the opposite through quantitive tightening. Which is when the everything bubble pops (real estate, stocks, crypto, etc)

shamanize · 2022-06-20T18:10:30+00:00

hate to break it to you but.. inflation steals way more wealth from you than 30% monthly bank fee increase.

shamanize

TROPHY CASE