(Thread IKs:
ZShakespeare)
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Cocaine Bear posted:Ah, the Sword of Damocles, famously dangling above the head of some loving loser with heavily marginalized power. I know it shouldnt but it still amazes me at how often right wing politicians in particular butcher the simplest metaphors and references. I wonder if anyone has ever tried to study why this is the case.
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Oct 5, 2021 23:55
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Hamelekim posted:Chinese real-estate investment in Canada is a quality of life issue. Chinese real-estate investment is not, and never has been, the reason our home prices are too high. Dumb Canadians who borrow as much as they possibly can—more than their incomes will let them repay—are the reason. Typo posted:foreign buyers prob did play a significant part in the initial bubble phase back in 2013 or so No, it was still domestic purchasers, with the help of huge loans (for which the primary qualification was fogging a mirror) and long amortizations. And this runup started in about 2004, not 2013, with only a mild hiccup when the U.S. housing market imploded (and that's when Canadian policymakers really leaned into their policy of "no amount of debt is too much to stop number from going down").
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Oct 6, 2021 03:58
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Furnaceface posted:I know it shouldnt but it still amazes me at how often right wing politicians in particular butcher the simplest metaphors and references. Consider a scene from one of the finest comedies of all time: A Fish Called Wanda. "... you ape!" "Apes don't read philosophy!" "Yes they do, they just don't understand it." Jason Kenney is like Otto and/or an ape, but with literally none of the charm.
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Oct 6, 2021 06:41
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Maybe, but Erin O'Toole was the one invoking the Sword of Damocles
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Oct 6, 2021 13:15
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I dunno, swap O'Toole in place of Scheer on that dumb Resistance photo and what has really changed?
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Oct 6, 2021 14:18
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Until I see O’Toole chug a whole Stella pint glass of milk, I know that he’s not my guy
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Oct 6, 2021 15:55
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Watching the Trudeau stream about federal public servants needing to be vaxxed. CanPol 2021 - Inchoate, amorphous concerns.
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Oct 6, 2021 16:46
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Aces High posted:I dunno, swap O'Toole in place of Scheer on that dumb Resistance photo and what has really changed? Please be respectful of our Canadian Heritage. 
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Oct 6, 2021 17:35
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tagesschau posted:Chinese real-estate investment is not, and never has been, the reason our home prices are too high. Dumb Canadians who borrow as much as they possibly can—more than their incomes will let them repay—are the reason.
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Oct 6, 2021 17:52
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InfiniteZero posted:Please be respectful of our Canadian Heritage. Speaking of which: https://twitter.com/ls_gibson/status/1445576013010796553 We'll let future statue sculptors decide how "no history of colonialism" stacks up against serial blackface.
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Oct 7, 2021 07:04
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tagesschau posted:Chinese real-estate investment is not, and never has been, the reason our home prices are too high. Dumb Canadians who borrow as much as they possibly can—more than their incomes will let them repay—are the reason. I mean we can call them dumb but in the end they've all made several hundred thousand dollars in the last few years while paying less than I do in rent sooooooo
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Oct 7, 2021 07:12
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TheCenturion posted:Watching the Trudeau stream about federal public servants needing to be vaxxed. BC gov got told yesterday we all need to be vaxxed. I don't think many people are bothered by that, at least in my department.
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Oct 7, 2021 07:14
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Oxyclean posted:I would have assumed people owning more houses then they need / using housing as speculative investment would be the problem. Yeah, all the policy reconfiguration is just nibbling around the edges at minor bits and pieces that have no real impact. Real estate is a lucrative investment so this is what happens when it's basically a can't lose proposition (at least so far). Tax-free capital gains on a primary home is maybe okay to keep if the tradeoff is regulations and taxes that make it as unpalatable as possible to own a second property and simultaneously having the feds operate as much rental housing as possible.
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Oct 7, 2021 13:41
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Alctel posted:I mean we can call them dumb but in the end they've all made several hundred thousand dollars in the last few years while paying less than I do in rent sooooooo They've all sold their homes and have those dollars in their bank account? No, you say? Then who do they all plan to sell them to? If the answer is people who are buying with money that's been borrowed (especially against other housing), instead of people who actually have the income or wealth to back up these home purchases, it's guaranteed that they have not all made several hundred thousand dollars.
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Oct 7, 2021 14:13
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as long as they're not the sucker holding the bag when everything crashes it's fine. And given that every single party, even the "left" party refuses to acknowledge that homes shouldn't be an ever-growing investment, betting on a government backed ponzi scheme continuing to function a bit longer isn't the worst bet in the world. And yeah, you're not going to make money on your principal residence until you retire and scale down to something smaller or move more remote, but that's why anyone seriously juicing the system isn't just buying one property.
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Oct 7, 2021 15:08
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I'm reasonably sure every party is all in on homes as an investment because homeowners vote and because so much of the Canadian economy is now dependant on money coming from housing and new development. Something like 2/3rds of my clients would either have to scale back or go out of business if the housing market started to decline, let alone crash, and absolutely no party wants to be the one responsible for that.
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Oct 7, 2021 16:26
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Oh for sure the second any major party says "you know what, home prices are too high, we need to lower them" they will guaranteed have zero seats in the next parliament.
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Oct 7, 2021 16:28
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The Libs are up to 160 seats now, I guess they can call it a win still clearly short of a majority, but again lol@actually gaining seats while losing votes and the PV 
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Oct 7, 2021 16:30
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InfiniteZero posted:Please be respectful of our Canadian Heritage. an oldie 
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Oct 7, 2021 16:31
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I dont think Scott Moe really planned this news announcement. It's mostly been the Premier yelling at people for accusing him of being bought out by pharmaceutical companies and this other public safety guy clearly doesn't know how many resources will be needed to implement their nebulous and vague response plan.
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Oct 7, 2021 17:55
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enki42 posted:as long as they're not the sucker holding the bag when everything crashes it's fine. I'm not the type of person who would bet hundreds of thousands of dollars on being better at musical chairs than everyone else. enki42 posted:And given that every single party, even the "left" party refuses to acknowledge that homes shouldn't be an ever-growing investment, betting on a government backed ponzi scheme continuing to function a bit longer isn't the worst bet in the world. The full force of the Canadian government and the Bank of Canada combined can't do poo poo to counter the global bond market. In the face of enough global tightening, the opinion of Canadian homeowners that home prices should continue to go up, because of reasons, is laughably irrelevant.
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Oct 7, 2021 18:00
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Typo posted:The Libs are up to 160 seats now, I guess they can call it a win who lost out? NDP? Greens?
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Oct 7, 2021 18:13
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tagesschau posted:I'm not the type of person who would bet hundreds of thousands of dollars on being better at musical chairs than everyone else. Yeah, but that's when the landmark "Economic hardship relief fund for homeowners" bill gets passed.
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Oct 7, 2021 18:24
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Ron Paul Atreides posted:who lost out? NDP? Greens? Bloc, I think. It was a Quebec seat.
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Oct 7, 2021 18:29
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Alberta. https://twitter.com/CBCNews/status/1446135757404622850
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Oct 7, 2021 18:54
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Wow, a whole day's worth of cases.
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Oct 7, 2021 18:57
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tagesschau posted:I'm not the type of person who would bet hundreds of thousands of dollars on being better at musical chairs than everyone else. I am. It's a little different when the game of musical chairs has been going for decades and the entire political system from City Councilor to PM is dedicated to ensuring that it keeps going. If I could somehow get enough for a down payment I'd be all over that poo poo. Does anyone here want to lend me $100,000
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Oct 7, 2021 19:12
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To be fair the federal one was useless too. Not Alberta levels of useless, but still.
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Oct 7, 2021 19:26
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Libs: owned. Totally. Great job Alberta.
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Oct 7, 2021 20:04
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I keep getting calls from the Government of Canada Quarantine Monitoring Service telling me I need to quarantine after my trip outside of Canada, but I never went on a trip outside of Canada, and there isn't any way for me to contact them and tell them they have the wrong number.
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Oct 7, 2021 21:01
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pokeyman posted:To be fair the federal one was useless too. Not Alberta levels of useless, but still. Yes, but if they used the federal one Albertans would have only paid for one useless thing instead of two. What was their concern with the federal app anyway? All of those apps are basically thin shells over the built-in phone functionality anyway.
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Oct 7, 2021 21:11
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McGavin posted:I keep getting calls from the Government of Canada Quarantine Monitoring Service telling me I need to quarantine after my trip outside of Canada, but I never went on a trip outside of Canada, and there isn't any way for me to contact them and tell them they have the wrong number. Maybe they are calling Tyler Durden?
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Oct 7, 2021 21:13
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enki42 posted:Yes, but if they used the federal one Albertans would have only paid for one useless thing instead of two. What was their concern with the federal app anyway? All of those apps are basically thin shells over the built-in phone functionality anyway. I don't remember them articulating any concern. I assume corruption is the real answer.
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Oct 7, 2021 21:25
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Starks posted:I am. It's a little different when the game of musical chairs has been going for decades and the entire political system from City Councilor to PM is dedicated to ensuring that it keeps going. You cut out the part where I pointed out that the entire political system won't be able to stop number from going down. The only thing that would even come close is inflating the currency to the point where your house stays at $1 million, but gas is now $5 and it costs $10 to take the TTC.
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Oct 7, 2021 21:31
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Kenney announces a $2000 incentive get small businesses to sign onto the vaccine passport system. Couldn't possibly mandate something when you can give them a 2K bribe (with no stipulations on what it can be used for) to "cover exemptions program costs". Also, only two vaccinated households per Thanksgiving meeting, pretty please? Personal responsibility!
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Oct 7, 2021 22:42
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I mean, there's no good way to enforce household gathering limits, but holy gently caress why is the rule not "no other households, enjoy your zoom thanksgiving"?
enki42 fucked around with this message at 23:02 on Oct 7, 2021 |
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Oct 7, 2021 22:56
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enki42 posted:I mean, there's no good way to enforce household gathering limits, but holy gently caress why is the rule not "no other households, enjoy your zoom thanksgiving"? It doesn't matter. The worthless loving plague rats we keep bending over backwards and sacrificing organ transplants and cancer surgeries to appease won't follow unenforced rules anyways. They're going to get together with 10 households full of equally loving worthless plague rats and kill grandma, the mailman, and, and some random fast food worker to eat some dry loving turkey.Before November we'll have blown through the surge capacity of the ICU because muh freedums and "rules are for sheep and i'm a wolf". That will of course earn a "tut tut" from Kenney the Clown, and another feckless request for more personal responsibility. Kenney will never get us out of this. Never. Never. If we ever get out of this insane loop it will be in spite of him, and he will still take 100% of the credit.
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Oct 7, 2021 23:44
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If there’s one thing I’ve learned from Canadian politics it’s that all the major parties including the NDP are so entirely dedicated to housing values increasing that they will leverage all state resources to keep the game rolling as long as possible. I imagine this will continue until the point of it even becoming the state’s major purpose. It’s almost as if our society is less working/upper class and more renter/homeowner.
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Oct 8, 2021 00:25
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All the homeowners have to die eventually then it's payday!
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Oct 8, 2021 00:58
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Normy posted:All the homeowners have to die eventually then it's payday! Blackrock will never die unfortunately.
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Oct 8, 2021 08:05
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