Permanently Bullish

[Permanently Bullish @_PermaBull_]

@JShamess Just waiting for price to increase. These projects are competition for resale. Specially when the government keeps helping builders with insensitives, limiting immigration and banning foreign buyers

This is all bad for resale

[Permanently Bullish @_PermaBull_]

@JShamess Increasing supply of units and rental units is bad for me as a resale owner. More competition on rentals

[Permanently Bullish @_PermaBull_]

@barometerca Isn’t it rather the news that MSTR is beginning to sell its bitcoin to remain solvent?

[Permanently Bullish @_PermaBull_]

@benmyers29 @BullpenConsult @YahooCanadaNews @DustyWallet @ValeryCanada @ThisIsRosehaven Of course, builders and REITs are favored by government policy. I wonder why!

[Permanently Bullish @_PermaBull_]

@ScrinkoCa lol unless resale prices skyrocket, this market is dead

[Permanently Bullish @_PermaBull_]

@conorsvan1 Is it even possible? A Canadian government doing something positive for real estate?? Nah it’s impossible

[Permanently Bullish @_PermaBull_]

@biancoresearch soon it will be Warsh falling into that bin too

[Permanently Bullish @_PermaBull_]

@BullpenConsult I’m a condo investor and I’m never coming back again. Even when the government tries to boost the market, they only help the builders

The incentives are always against the mom and pop investor

The only way to bring the investors back is for prices to go up A LOT

[Permanently Bullish @_PermaBull_]

@mrgettoknowyou @JShamess @Urbanation I’m a small condo investor, I’m never coming back even if things improve

[Permanently Bullish @_PermaBull_]

@JC_ParetsX Totally sucks that index finds are going to be forced to buy into the SpaceX, Open AI, Anthropic IPO's at these exorbitant valuations

[Permanently Bullish @_PermaBull_]

@macroamar @AndreasSteno Need to factor in the destruction of the value of paper cash

[Permanently Bullish @_PermaBull_]

@biancoresearch And two weeks from now they are going to price in cuts

[Permanently Bullish @_PermaBull_]

@barometerca Lower home prices and you won’t get any new builds

[Permanently Bullish @_PermaBull_]

@RobMcLister @bankofcanada Depending on the coming unemployment/GDP numbers

[Permanently Bullish @_PermaBull_]

@JShamess not what you want to hear as a land owner right now

unless your looking to buy

[Permanently Bullish @_PermaBull_]

@LivingITMoney @DeItaone Fastest way to billionaire 🤣

[Permanently Bullish @_PermaBull_]

@LynAldenContact Exactly me too 🤣

[Permanently Bullish @_PermaBull_]

@JShamess It took about 8-11 kilos of gold to buy an average condo in Toronto in 2021

Today, it only takes about 2-3 kilos of gold...

In other words, construction costs are too high compared to the resale value

[Permanently Bullish @_PermaBull_]

@DeItaone Water is wet