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Are ‘mom-and-pop’ investors pricing out first-time homebuyers?
(globalnews.ca)
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this post was submitted on 01 Apr 2024
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Pretty sure it's companies like Blackrock
It's both really, but investment firms are certainly a bigger, growing, threat
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.
Yes, but that's not gonna fly with the capitalists.
Also less high density, more medium density please. That's how you get dense but livable places like Montreal.
It was the mo across the entire current and former Commonwealth before 1980.
In the 70s rental properties made up less than 10% of London's housing, and it was more crowded then than now, where a London's looking at 60% rentals. With more housing to people than ever before... And yet... Something about capitalisms efficiency...idr.
Thatcher, Reagan, Hawke, Rogers, Pinochet etc all fucked the kids. All of em, kid fuckers. I said it, Imma leave that hanging riiiiight there for everyone to digest.
What's been done can be undone. Every hierarchy can be over thrown. There's not a goddamn thing about society that reflects us in our state of nature, therefore, it all needs our permission to continue. It's ALL vulnerable.
Don't leave Canada behind, poor Mulroney doesn't want to feel alone in his grave when he could be with his buddies partying at the gender neutral bathroom!
Elder Trudeau opened the floodgates, did he not? My understanding is that Mulroney might have driven the stake but Trudeau planted the cross...to be a wee bit dramatic in my metaphors.
You won't get a rebuttal from me, fuck that guy, or as he once told the striking postal workers: eat shit.
Shit I didn't even realize we were talking to each other in 2 different threads til I tagged you as "real-ass mofo".
😂😂😂
😘
Can we just IPO humanity already? I want to buy puts.