Emilio Ramirez @_EmilioRamirez
Joined August 2021-
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When unemployment in Canada comes in at 7.1% but you believe rate cuts will skyrocket your house to all time highs by Christmas as ur mortgage is about to renew to double the rate of what it was prior. 🤫🇨🇦
For those begging for rate cuts, look back at 2001 and 2008. The Fed started cutting right before unemployment spiked. The pivot wasn’t a win, it was the signal that the real damage was about to hit. If the economy was healthy and booming, there would be no need to cut rates.
Vancouver developers in 2016: Foreign buyers are less than 5% of purchases, calm down everyone… Vancouver developers today: Without foreign buyers the entire real estate market will collapse and we will go bankrupt… 🤷♂️
“Because mortgages are typically the last product to go into arrears, missed payments on other types of debt can be early signs of financial distress.” - Bank of Canada (Translation: we’re just getting started).
Former Flame AJ Greer starting a "F the Oilers chant" at their cup party 😂 (🎥: @bluebirdnhoney/X)
Thread 1/15 🧵 The Great Canadian Reset is coming. Three of history's most powerful economic cycles are converging on our $2.6 trillion housing market. This isn't just another correction—it's a complete system rewrite. Here's what you need to know 👇
Canadians who bought a house in the last 3 years:
Devin Haney need to retire like Shakur Stevenson #FatalFury
Long-duration bear markets are better. This gives the investor more time to take advantage of more opportunities. The COVID downturn was nice but only lasted a month which is why many investors, including Warren Buffett, were unable to capitalize effectively.
Long-duration bear markets are better. This gives the investor more time to take advantage of more opportunities. The COVID downturn was nice but only lasted a month which is why many investors, including Warren Buffett, were unable to capitalize effectively.
If your primary residence is your most valuable asset you did investing wrong and will likely need to sell your life for a salary until you die.
congratulations to boring men with stable jobs on becoming the next hot commodity
We just saw the largest monthly jump in new housing supply since the late 1980s. This isn’t b/c of tariffs - it’s b/c the boomers were waiting until rate cuts to sell b/c they thought they could get more money (aka pent up supply). Gonna be a full blown buyer’s market soon.
I want REVENGE. Just WIN.
All these hype videos got me ready to strap on the pads tomorrow for the Birds

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