Its crazy what people can do in a moment of rage. I grew up in a small prairie town that had nearly zero violence and then one day a guy decided to cut down some very old oak trees that were a windbreak for a rural property. The tree owner argued with him but he insisted he had permission to remove them. The owner, a normally very gentle guy, went in the house got his gun and shot the tree cutter to death. He did years in the penitentiary for it. Good church going man who destroyed his own life and caused his family a great deal of grief over 5 minutes of uncontrolled rage.
LoveCanada
We definitely are. We dont need the press or the BofC to tell us when we are, we can see the signs - car prices are starting to drop. 'Toys' like motorcycles and boats arent selling or are selling for far less than they were last year and there is a flood of them on the market. Fast food places have started to advertise 'value priced' meals again in the $5 and $6 range instead of the $15 they've been gouging us for since covid. The thrift stores are busier than ever. People are actually buying groceries at the Dollar Store. Food banks are overwhelmed. The recession is here, they just dont want to say the 'r' word.
I saw some of the clips (cause I havent sailed the high seas in awhile) but what I saw was in the category of "holy shit, I cant believe they did that" in their mockery of Trump. I mean its one thing to insinuate President Small Hands is, uh, tiny where it matters, but a very realistic looking Dirty Don with his miniature manhood was hilariously over the edge. Incredibly brave considering Mr. Micro loves to sue anyone or everyone who offends his overblown ego, but I think the boys know that in the court of public opinion a suit against a very popular comedy team isn't going to go well for Donnie.
Between this episode and Powell cutting him off at the knees in a live interview, the Orange Turd hasn't had a very good week. I dont think even the lovely Ms Leavitt can save his ass this time.
Anything you put thousands of dollars of your own money into is an investment - collector cars, crypto, artwork, gold, your Star Wars collection, and housing. Whether those are a GOOD investment or not is another question, but its definitely an investment.
I agree however the problem becomes 'what is corporate ownership'? I have some LL friends who own three houses who have formed a corporation but its just a single owner. I have some that own a rental however they manage them through a broker who does all the management and maintenance for a share of the rent and any capital gains. Then there are the guys who form a corporation with a few other guys so they can buy an apartment block but without those three friends pooling their money it would likely be owned by an international company.
I think the delineation is that single family homes should not be owned by corporations that have more than 4 shareholders with a set financial limit. If you want to buy a 16 unit apartment with three friends, go for it. But if you're Blackrock with billions of dollars and 155 million shares then you have no business buying ANY residential housing.
Ill take the opinion of THESE two much more civilized Ottawa citizens any day: https://www.youtube.com/watch?v=HehBfAnOTtA&list=PLXE2iI4B5qHwoWHzsBGZif7StPkYgW7pi&index=3&ab_channel=DennisHendrickson
Setting fire to people’s homes through their mail slot is all harmless fun.
BS. Never happened. The two idiots who tried to burn down an apartment building were not associated with the convoy as confirmed by Ottawa Police, so what are you talking about?
Well, no matter whether you intend it to be or not, every purchase of real estate is an investment.
TRILLION
Huh, you are indeed correct. Hoisted by my own petard.
You sure jump to conclusions. I didnt move neighborhoods. I lost a property in another country with two houses on it with ZERO insurance payout because the loss was due to a lava eruption. Total loss of property and my vehicles.
I dont need empathy for a "disaster" thats going to take 100 years to take place. Thats ridiculous. I had no warning, they have 100 years to make a move.
Whether you sell it or not, that doesnt change the fact that you have invested a great deal of money into it, therefore it is an investment. Its status in your life has nothing to do with whether you plan on making a profit on it or not, its merely the definition of investing money.