FreshOutofBoat

Canadian living south of the border. 🇨🇦🇺🇸🏒🚵

[FreshOutofBoat @FOfboat]

@mtn_operator @govt_corrupt Give it 10-15 year tops

[FreshOutofBoat @FOfboat]

@KanwarSierah Mr X After years of hardwork finally got Canadian Passport. Now he lives in Silicon Valley fulfilling his American dream

[FreshOutofBoat @FOfboat]

@Madridghost1 my two indian neighbors both working remotely in Canada for Silicon Valley tech firms. They were both driving super cool cars

[FreshOutofBoat @FOfboat]

@TylerAmerica1st thats not DoT indian, thats h1b indian . I know when I see one. I think they are tourist H1B's visting from Seattle or Bay Area

[FreshOutofBoat @FOfboat]

@manvirmani86 Taliban Incoming

[FreshOutofBoat @FOfboat]

@nsinghal211 You have to be 300K earning FANG or both partners working with total of 300-350K to save 5 Lakh

[FreshOutofBoat @FOfboat]

@Right_Memer @SRPostX agreed, this isnt even a zip code where Indians buy home

[FreshOutofBoat @FOfboat]

@SRPostX Sorry to break this for you - this isnt the zip code where H1B's from Indian buy home. Schools are shit...they usually gor for 10/10/10 schools

[FreshOutofBoat @FOfboat]

@IndicSociety @ColinBloomCBE @reachind_uk @FISI_UK @INSIGHTUK2 @thebritishhindu @SunilSharmaUK @kingkapoor72 @AdityaRajKaul @SGPCAmritsar @SGPCPresident @sushantsareen I see many Digwa's in making

[FreshOutofBoat @FOfboat]

@MeruOnX Well that happened once in the past ---white mean coming to India.

[FreshOutofBoat @FOfboat]

@MontyPacific Allow chitta in college and they will be back

[FreshOutofBoat @FOfboat]

@ShaziGoalie So when do you think we will come full circle and start of new cycle will begin ?

[FreshOutofBoat @FOfboat]

@BarbellFi @theficouple Agreed, also adds some HSA and 529.

[FreshOutofBoat @FOfboat]

@CyberGreen09 Fake Bro, Indians dont and cant wake up at 5 am, this is BS

[FreshOutofBoat @FOfboat]

@micah_erfan Thats not the same spot,

[FreshOutofBoat @FOfboat]

@KenneyRoss75084 @ShaziGoalie This is the new market

[FreshOutofBoat @FOfboat]

@OldM0nk @DrNimoYadav No Dumbass these are two different locations. One is to celebrate the country and one is to pay homage to fallen soldiers.

[FreshOutofBoat @FOfboat]

@tlanderso @War4theWest You do realize they are selling Apache in India too...So is Raytheon selling missiles, radars and other systems, Globalization is a two way street

[FreshOutofBoat @FOfboat]

@ShaziGoalie Average household income in Brampton is around 125K on higher side , it needs to drop to 6X =750 to make sense to me.

[The Economic LongWave @TheELongWave]

📊 Toronto Housing Reality Check:

We're Only 30% Through the Bear Market

Peak 2022: 17.8x income 📈

Today: 13.5x income 📉

Historical norm: 2-4x income 🎯

The math is brutal: Home prices have fallen 24% from peak, but that's only erased 30% of the bubble.

70% of the deleveraging remains ahead.

Think about that 🤔

At 17.8x income, Toronto created the most extreme housing bubble in its history - nearly TRIPLE the 1989 bubble (6.7x).

That bubble took 7 years to normalize.

This one?

The math suggests 11-17 years.

Just like Japan's lost decades 🇯🇵

The 1989 crash taught me this lesson firsthand.

Now the mathematics are screaming it again:

When credit momentum goes negative (it just did in June), the tide has turned 🌊

Not speculation. Not fear-mongering. Just grade-school division:

70% of the correction ahead

$320 billion in mortgage renewals are expected in 2026

Payment shocks of $1,000+/month

The forest fire has only just begun clearing the dead wood 🔥

#CanadianRealEstate #TorontoHousing