fc

[John Pasalis @JohnPasalis]

There’s an easy narrative forming around the rise in power of sale listings in the GTA:

“People renewed at higher interest rates and couldn’t keep up.”

Higher rates matter, but that’s not the whole story.

🧵/1

[fc @fmc7777]

@RpsAgainstTrump Musk is not an engineer, or a government employee, or a…..

[fc @fmc7777]

@TDotResident Ford, taking an opportunity to enrich his friends, and not the province. It is a classic example of Disaster Capitalism (Naomi Klein), exploiting a situation during a time of crisis, similar tactics employed by Trump himself. Ford is not a statesman or qualified for his position.

[fc @fmc7777]

@CalltoActivism Sounds like grandpa needs a Big Mac and a nap. Somebody give this man a snickers bar.

[fc @fmc7777]

@danielfoch @CDHoweInstitute Like it or not, realtors have contributed and fuelled the market frenzy of where we are today. Now they are acting like community activists and pundits in a slowing market.

[Mark R. Brown, AICP, CNU @Car_Free_USA]

In the U.S. we talk about creating "3rd Places" where people can hang out outside of work or home. Unfortunately, most of these places are private and involve buying over priced food.

Barcelona's entire urban fabric is made up of 3rd Places, however. The private ones have affordable food and are open late. And the public ones are being carved out of spaces throughout the entire city.

Barcelona seems far more socially healthy than most U.S. cities.

[fc @fmc7777]

@ColinDMello Utilizing taxpayer money to systematically dismantle the LCBO, instead of prioritizing healthcare and education.

Welcome Ontario where our number one priority is alcohol accessibility.

[fc @fmc7777]

@AlphaDeliver @JohnPasalis I think rent control helps.

[fc @fmc7777]

@JohnPasalis They also contributed to the FOMO price wars through gift/loans to children. This is a byproduct of their own design.

[fc @fmc7777]

@itsbluesbob Bob Mould - Husker Du

[Crain's Detroit Business @crainsdetroit]

Airbnbs, other short-term rentals would be taxed, regulated under new Michigan bills https://t.co/hn8ESNcXZs

[fc @fmc7777]

@danielfoch The writing has been on the wall for some time, before COVID and FOMO. At least 5 years ago, when I was researching.

[fc @fmc7777]

@ShaziGoalie When you factor in Airbnb and STA’s, I believe it makes sense for some investors.

Airbnb is now lobbying municipalities and states to allow “renter’s” to Airbnb.

The games are far from over.

[fc @fmc7777]

@danielfoch How will this help 1st time buyers? When RE prices increased, agents suggested tapping out parents to afford.

Now extended amortization and RRSP withdrawal increases.

People have a limit to spending and so much time to pay it off.

What’s next, debt transfer to inheritor’s?

[fc @fmc7777]

@crockpics Dinosaur Jr. in Detroit @ St Andrew’s

[fc @fmc7777]

@marketplunger1 Stranger in a Strange Land

Count Zero
Mona Lisa Overdrive
Neuromancer

[Shazi @ShaziGoalie]

So you telling me more "Mortgage Fraud"? 👇🏽

[fc @fmc7777]

@RE_MarketWatch @cbuniversity Education is not purchased, it’s earned.

[fc @fmc7777]

@danielfoch What no one talks enough about is today’s average SQF of dwelling space per occupant in comparison to 50-75 years ago. There is a a lot of wasted and open space by today’s standards.

[fc @fmc7777]

@alexbozikovic Let me translate Mr. Dilken’s statement.

Apartments are a threat to the property values of low density owners. Allowing them would create black lash and would hinder his reelection prospect. Not to mention provide credit to a non PC governing party.