red pill rick @igetredpilled
Think for yourselves, don’t be sheep. Joined October 2022-
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We’re almost at the 2023 peak supply and it’s only April 💀
We’re almost at the 2023 peak supply and it’s only April 💀
Maxime Bernier is a fucking legend.
Maxime Bernier is a fucking legend.
📰 NATIONAL POST: Letters: Seven ways to kill the Canadian dream (courtesy of the Trudeau Liberals) 1. Kill Canada’s productivity 2. Stain Canada’s international reputation by failing to act against growing antisemitism 3. Overwhelm Canada’s welfare structure and housing…
📰 THE GLOBE AND MAIL: Forget rate relief: Most Canadians are about to see their mortgage interest payments soar. - mortgage renewal shocks still lie ahead - 77% of the 3 million mortgages taken out in 2020 were fixed rate - even if BoC cuts rates 3 times in 2024 and bond…
📰 TORONTO STAR: Canada’s output per capita, a measure of standard of living, plummets. - output per capita has fallen 7% below long-term average, declining $4200 per person - GDP per capita fell to 2017 levels - the productivity crisis is the main factor causing affordability…
wow canadians are *still* writing in comments > there's no way prices will fall with all the immigrants who want to come here nothing will ever educate these simpletons
Turns out, no. Prices fell in Toronto between 1989 and 1999, in nominal terms.
Turns out, no. Prices fell in Toronto between 1989 and 1999, in nominal terms. https://t.co/zOkMj22QbL
Why are vacant residential listings at a record high in 2024? Why are these homes vacant? Don't we have a housing shortage? Over 75,000 newly listed vacant homes just in these Ontario boards alone this year. How many in all of Canada?
The world’s second biggest economy is experiencing outright deflation.
It’s totally different this time.
It’s totally different this time.
Gonna get worse before it gets better.
Gonna get worse before it gets better.
“[increasing spending on research/development and innovation by 0.5% can boost GDP by 2% and alleviate debt burden]” - Daniel Garcia-Macia, Economist IMF (April 26, 2024)
The Top 10 companies are now a record 35% of the S&P market cap
Watch Robert Kennedy Jr. Drop COVID Vaccine Truth Bombs on Bill Maher • 25% of Americans believe they know someone who died because of the C19 shots • 52% of Americans believe that the vaccines are causing injuries, including death. • In Pfizer’s own trials, “people who got…
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@igetredpilled But… but… Mr. Macklem said interest rates would stay low for a long time. 😎
@igetredpilled @dschghst yup, so if someone paying 3000 today will pay 4000. and might lose work hours too
@ninoJ170 @igetredpilled @paulsaladinomd Have doctorate-level credentials that lead to people taking what you have to say seriously. Do “research” and then distribute your “expert” input to the world.
Option 1, rent a house for $2500/month Option 2, give the bank $100,000 and pretend you own a house for $4000/month knowing $2700 is going to interest.
IN SUMMARY: 1. MOI continues to inch upward as active listing growth outpaces sales growth. 2. It wouldn't be surprising to see 2024 YTD sales fall behind 2023 numbers next month. 3. TO condo inventory should surpass 2023 peak levels this week. 6/6
Here are the reported sales through 28 days of February across the GTA. YTD, there have been 14,497 sales reported. Last year, there were 13,909. 5/6
The 30 day rate of sales has picked up across the board but lags where we were at last year. TO Free: 1,033(⬆️14 or 1.37%) TO Condo: 1.441 (⬆️52 or 3.74%) Durham: 900 (⬆️12 or 1.35%) York: 1,232 (⬆️18 or 1.48%) Peel: 1,155 (⬆️9 or 0.79%) Halton: 771 (⬆️32 or 4.33%) 4/6
GTA-wide, there are about 2,300 less active listings now than there were at last year's peak. Since the beginning of April, we have added 800 listings per week on average. 3/6
Active inventory continues to climb, with TO condos almost back to 2023 highs. TO Free: 2,291(⬆️88 or 3.99%) TO Condo: 5,721 (⬆️234 or 4.26%) Durham: 1,729 (⬆️40 or 2.37%) York: 3,577 (⬆️100 or 2.88%) Peel: 3,293 (⬆️109 or 3.42%) Halton: 1,779 (⬆️83 or 4.89%) 2/6
@igetredpilled This started in 2015 when the liberals set out to hand every homeowner across the country a winning lotto ticket. RE is unproductive. It's garbage and it's all Canada has.
Monday months of #TORE housing inventory 🧵 (change from last week) TO Free: 2.22 (⬆️0.06 or 2.59%) TO Condo: 3.97 (⬆️0.02 or 0.50%) Durham: 1.92 (⬆️0.02 or 1.00%) York: 2.90 (⬆️0.04 or 1.37%) Peel: 2.85 (⬆️0.07 or 2.62%) Halton: 2.31 (⬆️0.02 or 0.54%) 1/6
This is gonna hurt.
📰 THE GLOBE AND MAIL: Forget rate relief: Most Canadians are about to see their mortgage interest payments soar. - mortgage renewal shocks still lie ahead - 77% of the 3 million mortgages taken out in 2020 were fixed rate - even if BoC cuts rates 3 times in 2024 and bond…
@ame_todd @igetredpilled @Christo81748100 @MelissaLantsman The LPC cabinet knew who was brought in, including Trudeau, Freeland, Gould. They met Hunka in PMO office before being introduced in HoC CPC didn’t know anything about the nazi the LPC proudly introduced You can’t always figure things out in a split second but LPC had days!
@igetredpilled @Christo81748100 @MelissaLantsman Then Zelenskyy decorated him in a big ceremony in Ukraine, no Nazis in Ukraine nope not one…well maybe one or 2 …🥺
Bookmarked for later. Caw....this shift in Canada's economic profile/standing is bewildering imo
🇨🇦 THE DECLINE OF CANADA 💣 A thread 🧵 Homelessness. Housing crisis. Mass immigration. Debt. Deficits. These are a few common terms often used when discussing Canada today. It’s no secret the country is deteriorating. Many people blame Justin Trudeau and the Liberal policies…
@igetredpilled @SweetRedLeaf Excellent Info!! Great way to tell the story of our slide into decline!!! Awesome work!💯🎯🙏
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