Yaman Amin @YamanAmin9
heterodox economics Joined June 2022-
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So pre-zoned high density sites can now be picked up at a low price for nonmarket affordable family friendly rental housing, if any level of government wanted to directly build that? Awesome! And yes, I'm being deliberately provocative. /via @globeandmail theglobeandmail.com/business/artic…
Economists who claim Canada has a productivity crisis are clearly clueless. Just compare the revenue per employee for some US and Canadian companies: Amazon 🇺🇸: $376,918 Google 🇺🇸: $1,684,365 Apple 🇺🇸: $2,380,745 GC Strategies 🇨🇦: $15,000,000
I hope a renter buys this property, and gets to be a home owner.
I hope a renter buys this property, and gets to be a home owner.
"Scientists at the Concordia research station on the east Antarctic plateau documented a remarkable event... According to their instruments, the region that day experienced a rise of 38.5C above its seasonal average," buff.ly/3PTwStY #ClimateChange #NoPlanetB
Notable about new federal Rental Protection Fund: its core funding is only $470 million spread across the entire country (plus $1B in loans). That's less than BC's homegrown version provides for our province alone ($500M). Which is striking given federal govt's deeper pockets
Notable about new federal Rental Protection Fund: its core funding is only $470 million spread across the entire country (plus $1B in loans). That's less than BC's homegrown version provides for our province alone ($500M). Which is striking given federal govt's deeper pockets
How is it mystifying, Don? The GoC can literally spend money into existence. Are you constantly shocked when banks create money to fund a new mortgage or business loan?
How is it mystifying, Don? The GoC can literally spend money into existence. Are you constantly shocked when banks create money to fund a new mortgage or business loan?
Ownership of housing is becoming increasingly concentrated in the hands of wealthy Canadians. My new report for @broadbent tracks the📈& its effects on affordability. 2011 to 2021, investor ownership of: - condos nearly doubled - houses grew by 1/3 perspectivesjournal.ca/housing-invest… 🧵👇
🚨URGENT🚨 This is Alex. Any day now Dream will call the sheriff to evict him & his family after doubling his “affordable” rent to $3000. This is what @cityoftoronto “affordable” housing program gets us with Dream. Call 416-365-5145 & tell Dream to let Alex & his family stay!
Order of Canada winner Dr David Ley explains that local area planning restrictions are not the cause of high home prices - anywhere in the world - including Vancouver. His closer: "I am sorry I could not be more cheerful". drive.google.com/file/d/1mPTqWA… Non market housing at scale…
I feel like society would be on net better if we just banned personal automobiles?
.@jodi_stonehouse says she will bring different #approach as @albertaNDP #leader — for full story, click on photo. @NDP @RachelNotley #abpoli westernstandard.news/alberta/jodi-c…
Insane stat from @toddntucker's testimony today: Until recent years, it was rare for the United States to experience an extreme weather event that caused more than a billion dollars in damage. Today, these are happening on average once a month.
Insane stat from @toddntucker's testimony today: Until recent years, it was rare for the United States to experience an extreme weather event that caused more than a billion dollars in damage. Today, these are happening on average once a month.
Family moves to Canada in search of better life. Unable to find a job, dad drives Uber by day and does cleaning gigs by night. Rent is too high, so they sublet basement room to international student. This is the reality of immigrant life in new Canada. cbc.ca/news/canada/ot…
So many mixed feelings as many of us prepare for the month of Ramadan — but most important, a feeling of true gratitude for the dignity of having a roof over my head and food on the table. It’s a privilege we often take for granted when for so many, it’s all they ever wished for.
The bizarre part of the YIMBY movement is the idea that somehow property developers are being out-smarted by NIMBY grandmas who can play the political system to their advantage. Are we forgetting that the property industry is hugely over-represented at all levels of politics?
Again I’m asking @SeanFraserMP why there isn’t a Federal Housing Tracker website showing total committed new builds, a chronological timeline of each agreement with associated press, a total dollar tracker and a map. We have one for Ukraine support but not for this!?
Reminder that despite a decade of Trudeau, Canadas doing so poorly creating a climate strategy that we’re barely above Russia. We’re propping up an oil and gas sector that is not profitable on the global stage.
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138 Followers 566 Following100% taxation on capital gains would help make homes available for use, not investment. theglobeandmail.com/investing/pers…
So pre-zoned high density sites can now be picked up at a low price for nonmarket affordable family friendly rental housing, if any level of government wanted to directly build that? Awesome! And yes, I'm being deliberately provocative. /via @globeandmail theglobeandmail.com/business/artic…
For years, I wasn’t sure I was good enough to be a politics columnist in Canada. I’d like to thank so many of our veteran columnists for disabusing me of my self-doubt.
Just. Use. The. Competition. Act. FFS. Just split up the Big Three. A competitive marketplace created almost overnight.
On WSJ wires, scoopage: "Canada's industry minister is weighing a list of a dozen foreign grocery companies--from the U.S., Germany, Turkey and Portugal, among others--to potentially lure to the country in a bid to increase competition in the domestic food-retailing sector."
Thinking about becoming a federal deficit hand wringer, seems like steady work.
I hope a renter buys this property, and gets to be a home owner.
Just found out a friend is selling off an investment property because of the 🇨🇦 government raising the captial gains tax. How many more will rush to sell before the June 25th deadline?
This is a wildly powerful message and an important reminder that Indigenous peoples & nations can dramatically shift policy dialogues in the disability space. For all of the activism around ASD funding in BC, it was when First Nations weighed in that the ground started to shift.
Just finished scanning the budget and my top line take is that all of the pre-budget framing on generational fairness was just talk. There is no game changer here for younger voters on either the spending or taxation side of #Budget2024.
@daniel_foch Even better would be if the highest income earners have to pay a higher interest rate for buying non-principal residence properties to subsidize lower interest rates for first time homebuyers.
@TomPark1n I did. And I read Tonda’s piece. And I saw the remarks. And I saw dippers trash the carbon tax on here as if they’d flipped a switch. This is an NDP own goal and reflects a party in a sorry state. And I know for a fact party people know this. Best to own it instead of blaming me
@TheHerleBurly @ArmineYalnizyan @airquotesmedia Just finished listening to the @TheHerleBurly. Red glasses, red shirt, out-and-out defence of Freeland, and pot shots at Jag and PP; Congratulations on your new job as Liberal Spokeswoman Armine 😉
Enjoyed the opportunity to speak today to the House Standing Committee on Finance about the important improvements to Canada's competition law in Bill C-59.
Eid Mubarak to all celebrating! And hoping this increasingly polarized world comes together.
@PeymanAskari451 @YamanAmin9 Imagine housing as a co-op. The land it's on through to the process of building and everyone owns their portion. It's a not-for-profit condo.
@YamanAmin9 @PeymanAskari451 @BlackRock I knew you'd have a great answer thanks.
When you stay up all night to write a paper so that it’s done in time, only for the prof to extend the due date hours before the original due date🥲
@LukewSavage This will depend on your definitions. Nehru? MLK? Nyerere?
@YamanAmin9 @JessicaBellTO Links in the article to the actual research. reason.com/2023/06/19/stu…
@MikePMoffatt Canadians certainly do not need publicly traded corporations, pension funds, or real estate investment trusts as their landlords.
How is it mystifying, Don? The GoC can literally spend money into existence. Are you constantly shocked when banks create money to fund a new mortgage or business loan?
Mystifying where all this money is coming from when the current forecast is a $47 billion deficit verses $24 billion last year. Federal budget will include $15-billion top-up to apartment construction loan program - The Globe and Mail apple.news/AT9BaYBGiRU-MX…