Adam Lauder

[Adam Lauder @LauderAdam]

Faroe Island driving is something else 🙂🙃. Be ready to pull over for oncoming traffic (on 1-lane roads), sheep, or cyclists!

Am I a geek bc I think of the design standards of these roads vs the engineering put into NA streets?

[John Pasalis @JohnPasalis]

If soaring condo prices were really just about supply shortages and zoning constraints…

Condo prices wouldn’t be crashing back to 2016 levels

[Adam Lauder @LauderAdam]

@doughoyes Might be all the buying of RE at 12x - 15x income from 2020-late 2022. Payments just aren’t sustainable

[Adam Lauder @LauderAdam]

@MikePMoffatt OAS needs to be means tested. It’s original goal was to ensure seniors weren’t living destitute. It is now transferring wealth from the working class to those who have accumulated a sizeable net worth.

Cap OAS to seniors making $70K and let’s get on with it

[Adam Lauder @LauderAdam]

@jeffcanadamson @Shopify Great interview. Very thought provoking

[Adam Lauder @LauderAdam]

@Scott_dLB Very disappointing this view makes it on stage, but an adult conversation about OAS reform doesn’t.

Meanwhile CMHC believes housing will be affordable to the middle class…in 2060

These are all choices

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

The Federal Housing Advocate has advised the government to set a target date to resolve the middle-class housing crisis by... 2060. 34 years from now. This means a Grade 10 student will have to wait until they're 50 to afford a home.

https://t.co/fBITHCTobY

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

We live in a country with no sales tax on caviar and foie gras. But if a family with kids wanta to buy a small, entry-level townhome, they pay tens of thousands in HST, and if you suggest lowering these housing taxes, progressives will cry that you're subsidizing the rich.

[Adam Lauder @LauderAdam]

🚨 🚨

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

As of Census 2021, less than 10% of 25-29-year-olds were the head of a household in a 3+ bedroom home they owned. Family-sized ownership housing is increasingly for older folks only.

[Adam Lauder @LauderAdam]

The best article I’ve read to date on the impacts of housing affordability 👇. Impacts are far reaching

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

New piece. The middle-class housing crisis harms the economy, social cohesion, and society writ large.

That's not opinion: That's backed by 30+ academic studies. We bring receipts.

How Canada’s Middle-Class Housing Crisis Is Undermining Its Future

https://t.co/SQiRNsLZMw

[Adam Lauder @LauderAdam]

@EricDLombardi A section (not the entire length) of the 2 lane gravel road has been under study since 2008.

The road is expected to be constructed by 2040 🥴

[Adam Lauder @LauderAdam]

@danielfoch You can’t plan a housing market around such heavy yo-yoing. Housing scarcity on the upward trajectory, a frozen market on the downward trajectory. Such bad policy

[Adam Lauder @LauderAdam]

@ScrinkoCa $960 / Sq Ft is a good deal?

[Adam Lauder @LauderAdam]

@BenRabidoux 2019 levels

[Adam Lauder @LauderAdam]

@RishiKBakshi And even at $755 / sq ft, very few want to buy.

The great cleanse continues

[Adam Lauder @LauderAdam]

@AaronHectorCFP Personally, I’d prefer earlier clawbacks over moving starting age to 67.

We also need dialogue on the fact that no one actually pays into OAS. Lots of misunderstanding there

[Adam Lauder @LauderAdam]

@AaronHectorCFP We need a serious conversation on why govt is paying $9K/Yr to bring a senior’s income from $93K to $102K. Clawbacks need to start earlier ($70k?)

Many (not all) seniors are locked into affordability (homes worth 20x what paid for), and accordingly have enormous asset wealth.

[Adam Lauder @LauderAdam]

@FrankfortDarryl @danielfoch @maywarren11 Thoughts on what the sales timeline for buildings look like in end-user focussed world? I’ve heard much longer time to get to 70% pre-sales for big bldgs, hence a shift to smaller bldgs (ie less height)

[John Pasalis @JohnPasalis]

Even if Canada removed all taxes and red tape on new housing

Builders could not sell new detached homes at $150psf

Canada’s housing affordability challenges is about far more than taxes and red tape

[Daniel Foch @danielfoch]

Mortgage payments for typical home now exceeds 50% of after-tax family income in every Ontario urban centre; 110% in Toronto