You think people can afford to pay cash?
I think people sign up for 30 year mortgages because interest rates are below real inflation and they can make an arbitrage, as they benefit from the cantillon effect because 'housing always goes up'.
I also think cheap debt drives shortages in housing, its a symptom of currency debasement and does not reflect a support for prices.
Because of monetary policy?
His project 2025 he's clearly following does have a section on the Federal reserve, and its far tighter than it is now. I can see prices fall as shelter prices collapse.
Who do you mean, the Liberals who prevented energy export to other countries under the guise of preventing climate change?
See that makes a lot of sense on something like abortion, it really muddys the water and makes it seem more like a fake hit piece when you include things like US aid.
The problem is nimbyism, sprawled zoning, and large developer taxes used to lower property taxes; which is why matching immigration to housing completions is important, and an obvious thing to do if you care about the poor.
But people downvote criticism of their faux progressives. People got a whole 400$ in dental work as their rents doubled, wholly unfunded and paid with future austerity of course.
So do country that don't have programs like US aid for other countries or who have tariffs on imports all have a low freedom ranking?
It seems rather absurd.
Id guess it knocks over Canada's housing bubble they built, and we have a lost decade like Japan due to trillions in misallocated capital.
Its mainly full recourse loans as well, its incredibly irresponsible to do mass immigration and stoke demand to distort the market. Its almost like they wilfully broke our country to push climate policy, I can't see any other way to explain it.
The real weird part is he quit Brookfield's ESG department to be the PM, and one of his only policies announced so far is to replace the carbon tax with a foreign emitters tariff style tax, and to allow them to buy carbon credits from company like Brookfield.
Which is known to be no more than greenwashing, as we are still the only county in the G7 without high speed rail, and he also supports mass immigration from low emitting country. Then there was talk of letting Brookfield manage Canadian pension system, its all very fishy.
No, he pushed mass immigration, in order to derive what he calls economic growth as we trade homes back and forth for ever larger sums, as zoning and developer fees prevent new development.
Housing and rents doubled in 10 years as we did 4% population growth and bought 50% of mortgage bonds, all as he was a Liberal advisor. He's a champaign socialist like our NDP, and we have no real worker parties left.
What do you use NFS for, isn't NFS relatively obsolete by now?
Assume I know not much about file shares.
I see, so we need to stop them from imposing censorship. How are they going to do it though?
Is this a "we need to censor them because they don't believe in free speech" kind of a thing?
Nobody has ever died from nuclear waste.
Nuclear waste itself is a misnomer, there is no waste it's just uneconomical to use at a certain point, it still has a ton of energy potential.
https://newrepublic.com/article/48426/sadly-there-such-thing-nuclear-waste
If people stopped being hysterical about a technology they don't understand we could probably develop it.
It could also be seen as rising standards of living, and aristocrats were optimizing their advantage before the standards rose for everyone due to cheap energy availability.
Saying people consume meat to mimic the rich is a little silly.
Its definitely not capitalism. Our system survives by creating economic slaves, for instance the mortgage acts as a gatekeeper in the fiat system, by locking up economic value and an inelastic good in a form that can only be unlocked by completing the payment obligations. Housing rises in price to max out the metaphorical bucket of whatever interest rates allow for debt accumulation, and property ownership is controlled by one's ability to secure debt. This ensures that the financial system has a steady stream of obligations that help sustain the flow of currency, which helps drive aggregate demand.
The goal is to create a 2% inflation, as calculated by an index that excludes housing appreciation and investments, you require ever growing money supply. Money supply is grown via debt accumulation, this then funnels down into foods and services, excluding substitutions and hedonic adjustments, reversing technological deflation, deriving a 2% inflation to a dynamic basket of goods. Housing works well for this because housing is finite and demand in inelastic; prices can rise faster than fundamentals, and it is therefore a liquidity sponge that is a necessary liability to take.
Mass transit actually does remove carbon and lasts a century, your Tesla is made using coal.
Maybe the stupid decision was helping the rich buy EV to replace their 2 year old Lexus, instead of funding mass transit?
Like why is the poor funding this to begin with, during a housing crisis none the less where we need mass transit more than ever.
Like a PRISM for China, is every powerful country just backdooring each other?
Modern Final Fatasy like FFV5?
I haven't played many final fantasy games since about 8. My favorite is ff5 with the job system, are there any newer games that are similar to that?