You have no idea how many cases of Monster I can fit in the bed bro.

Annnnnd this is exactly why we need the carbon tax.

Thanks for that. I get that she’s academically accomplished but I’m more interested in her political accomplishments. Like others have mentioned she is not a great public speaker and I haven’t been particularly impressed by her budgets…

Honest question, why do you think that? I’ve never been impressed by her, but I’m likely missing a lot.

Seriously, the guy it tone deaf. Only reason he became popular is because of people who got fucked by the housing market. Now he sides with people claiming capital gains > 250k in a year? Really?

Seems like stagflation is a very real concern at this point.

FED talking about raising rates, BoC cutting them - what could go wrong?

Fully baked in? Bond market dropped quite a bit this week, and .1 just today:

At the very start of the COVID fueled housing crisis I remember the former housing minister going on about needing to protect “Mom and Pop” landlords. It drove me insane and him being removed made me smile for days.

Surely 30 year amortizations will fix the system!

Reminded me of this video, that I still cannot get over. How fucking tone deaf are these people.

Lots more inventory for speculators, hurray!

All these fucking announcements on housing and yet he doesn’t dare take on one of the main problems - speculators.

Guy isn’t even trying.

Is the solution not incredibly obvious? Ban non-owner occupied purchase of SFH. You want to get in the market? You need to create purpose built units with high density.

It always rubbed me the wrong way when the previous housing minister made a point of saying we needed to protect the Mom and Pop investors. Like - no, we absolutely should not.

Robert Kavcic, senior economist at BMO Capital Markets, told Global News “as much as a quarter to maybe a third or slightly more of certain markets are being bought up by multiple property purchasers or investors. So (that is) adding another layer of competition to first time buyers that are actually looking to get into the housing market for a place to live.”

If true that’s fucking nuts. That sort of thing needs to be taxed so hard to no longer make it profitable. We all understand that you don’t go for seconds until everyone has eaten, but when it comes to a basic human need like shelter, people say FYGM.

Complaining about MP pay is incredibly shortsighted.

I mean according to this article they are making at least 200k/year. I’d posit we are in the land of diminishing returns at that point.

The fact that he was worried about 5 and 6 story fourplexes was all I needed to know. What an absolute goof.

If that was the case then we’d have legislation that taxes property speculators - we do not. In fact I keep hearing how they want to protect “mom and pop” landlords, or how landlords are doing a service by providing rentals.

ONLY the provincial Green Party has proposed doing fuck all about speculators. Speculators became a larger segment of the market than first time buyers a few years back.

To be fair, there are a number of countries that already have a wealth tax. So it wouldn’t be some insurmountable concept.

Are we all pretending they had no impact now? I thought that was pretty well known at this point.