(Thread IKs:
ZShakespeare)
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yippee cahier posted:Full capital gains is still half the tax rate of a guy working for a living. Not on residential property as of this year. The profit from residential property held for less than 12 months is fully taxable as business income and does not qualify for the 50% capital gains inclusion rate or the Principal Residence Exemption.
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Aug 16, 2023 02:06
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ZShakespeare posted:I nominate Bleck, PT6A, and Myself to the idiot council. Second
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Aug 16, 2023 02:07
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Is there anything worse than being able to ban people you don't agree with but not doing it
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Aug 16, 2023 02:12
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ZShakespeare posted:I nominate Bleck, PT6A, and Myself to the idiot council. I like the cut of your jib.
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Aug 16, 2023 02:14
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I vote for Arivia for solo control.
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Aug 16, 2023 02:25
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ZShakespeare posted:I nominate Bleck, PT6A, and Myself to the idiot council. Only if we can be called the Idiot Triumvirate
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Aug 16, 2023 02:39
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Kraftwerk posted:highlighting Vienna, Austria as a real world example of how you get affordable housing What, by having zero population growth over the course of a century? It certainly isn't because they're building high-rises in random places (they aren't) and then patting themselves on the back for a job well done. Vienna does a lot of things really, really well, in ways that other cities should emulate where possible. We honestly have no idea how it would deal with a massive influx of people because it hasn't had one in our lifetimes. Kraftwerk posted:The only way this problem gets fixed is by wiping out home equity. That's going to happen. The question is whether the politicians in charge are deft enough to avoid the blame. Or we'll just have a lost decade or two, which is definitely a super fun thing that we should all want. my morning jackass posted:destroying home equity would absolutely crater the economy unlike anything that has happened in most people’s lifetimes so no, it’s not going to happen willingly and will be avoided at all costs. The home equity you speak of is partially imaginary, because there is no way in hell that, in the long run, buyers can actually pay those (inflation-adjusted) prices, or pay rents that make those prices make sense, for all of the houses that people are counting on as nest eggs. Once the various measures aimed at avoiding true price discovery are rescinded or just stop working, the question is not whether home equity will disappear, but how much of it will. infernal machines posted:If the price of housing meaningfully declines to the point that it would be accessible to many of us today, we're going to be fighting each other in the streets for scraps of food and gasoline. What makes you think this?
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Aug 16, 2023 02:48
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A) It is an exaggeration for comedic effect, hyperbole if you will B) A considerable portion of people's wealth, institutional wealth, nation wide spending, and investment are tied up in real estate, real estate development, and construction. If the value of real estate and necessarily real estate as an investment declines to the point that I can afford to buy a house in Toronto, for example, it is very likely every one of my clients will have gone out of business in the preceding economic collapse. C) I nominate tagesschau for IK, to ensure that this thread adheres strictly to D&D's no fun allowed policy.
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Aug 16, 2023 03:07
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I will cast my meaningless vote for whoever promises only fun, and all d&d posting be punished
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Aug 16, 2023 03:12
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Charles Bukowski posted:I vote for Arivia for solo control. I vote for Arivia and tagesschau. A Force dyad. Mad Hamish posted:I don't know how anyone that doesn't have a brain riddled with worms could possibly think that anyone even remotely connected to the Conservative party would do anything to 'fix' housing. Here's my thinking: the Liberals are in power, and have done nothing. The NDP have proposed only a solution so lovely that a sentient pigeon would conclude it's too dumb, and hurl itself into a highrise window out of shame. Let's pick the fuckin' mystery box. How's it going to be even worse than the people who have been in power and done nothing, or the people who can promise anything and choose: garbage? gently caress homeowners. I am one, and I don't even give a poo poo at this point. Wipe out my loving equity, I want to go to work and talk to my coworkers and not hear them talk about wondering where they're going to live or how they'll pay for it. The left should be all over this, but the NDP promotes giving mortgagees a massive hand-.... out. Equity Ranch really rocks.
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Aug 16, 2023 03:34
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PT6A posted:Let's pick the fuckin' mystery box. It's not really a mystery box. You and I both know what's in that box is going to be bad, for us, for our friends and neighbours. This isn't one of those cases where you really need to gently caress around in order to find out.
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Aug 16, 2023 03:38
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infernal machines posted:It's not really a mystery box. You and I both know what's in that box is going to be bad, for us, for our friends and neighbours. This isn't one of those cases where you really need to gently caress around in order to find out. On what basis? You can know a tree by the fruit it bears, and the Liberal fruit has been poisonous. I don't have to sully myself by marking X next to a Conservative, thank god -- voting Liberal or NDP has been rowing up not just a stream, but a loving waterfall -- but I've spent money and time and effort trying to get the left to gain power and loving do something, and they've rewarded me with: no plan to actually win, and no plan to do anything useful if they win. Why should I support that?
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Aug 16, 2023 03:50
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infernal machines posted:It's not really a mystery box. You and I both know what's in that box is going to be bad, for us, for our friends and neighbours. This isn't one of those cases where you really need to gently caress around in order to find out. I think we all know what's in the mystery box, though - a repulsive little nerd who spends all his time screeching about the WEF, and all the other gross poo poo that kind of stuff enables.
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Aug 16, 2023 03:50
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PT6A posted:On what basis? You can know a tree by the fruit it bears, and the Liberal fruit has been poisonous. I don't have to sully myself by marking X next to a Conservative, thank god -- voting Liberal or NDP has been rowing up not just a stream, but a loving waterfall -- but I've spent money and time and effort trying to get the left to gain power and loving do something, and they've rewarded me with: no plan to actually win, and no plan to do anything useful if they win. Why should I support that? So don't? Protest vote, or abstain, or find some reason to vote for an MP candidate you support based on their own merits rather than the party's. But you know loving well what you're going to get out of a CPC government and it isn't affordable housing. This isn't an unknown, what you are going to get with a CPC government is an all out attack on what remains of Canadian institutions, women's reproductive rights, same sex marriage, trans rights, and any other social issue that catches their attention as they go. infernal machines fucked around with this message at 03:57 on Aug 16, 2023 |
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Aug 16, 2023 03:53
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If Singh were as loud about things like public housing as PP is about his stupid loving conspiracy poo poo, it'd be an easy choice. But, no, he says "let's subsidize mortgages." How does the NDP not get this?
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Aug 16, 2023 03:55
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Like, holy poo poo, there's literally no way anything gets better for anyone who isn't a CEO under a Conservative government, and if you (the generic 'you', not anyone specific ITT) think that somehow Skippy is a less terrible option then you're incredibly sheltered (like, white cishet STEMlord levels of sheltered) and probably extremely stupid. These are people who are looking at the American slave states with admiration, for Christ's sakes. Mad Hamish fucked around with this message at 03:59 on Aug 16, 2023 |
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Aug 16, 2023 03:57
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infernal machines posted:So don't? I liked my NDP candidate last time. I think they've kicked him out for being too leftist, or at the very least gave him zero support. The Liberal candidate last time was a literal loving Realtor(TM) and I cannot support that under any circumstances.
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Aug 16, 2023 04:02
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Mad Hamish posted:These are people who are looking at the American slave states with admiration, for Christ's sakes. No, that's the UCP, and unfortunately I must grudgingly concede that they've given us direct aid to fix a problem the federal House of Commons identified and then did nothing about. I hate their worldview, but I see money being spent to address actual problems instead of endless talk with no action. I also see what they've done with renewable energy and I'd like to see them locked in the stockade in the public square for it, so at the end of the day I'm just conflicted. Why does the NDP not simply commit to doing the needful in the rather far-fetched scenario that they form government? God knows there's a loving sliver of a chance they'd have to follow through on it, so why not make some really impressive pronouncements? At least make me feel good about my protest vote that won't make a difference.
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Aug 16, 2023 04:07
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Weird almost like the system is designed to operate within a window of acceptability for capitalism. Running to the Conservatives everytime you get scared is just a bit you do every year or so. Have the courage of your convictions to either come out as a full-blown con or don't but at least don't waste our time by openly waffling for the 950th time.
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Aug 16, 2023 04:11
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Uh huh. How much money did you donate to the ANDP to fend off these loving pricks? How many people did you try to convince to vote against the UCP?
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Aug 16, 2023 04:18
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Every smart vote is cast for the liberal party anyhow, because they are the only ones who can protect us from the convervative with their fair and balanced economic policy. The NDP tries, they really do, but they keep on getting some real left wing nutbars in the party who advocate for things like "shelter as a human right" or some such unrealistic garbage that makes them unelectable.
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Aug 16, 2023 04:22
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Im just tired of the "Pay attention to me I'm the guy you have to win over its me the guy you have to win over with your socialist view points pay attention to me" every 3-8 months, its worse than white noise.
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Aug 16, 2023 04:28
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apatheticman posted:Im just tired of the "Pay attention to me I'm the guy you have to win over its me the guy you have to win over with your socialist view points pay attention to me" every 3-8 months, its worse than white noise. Then block me, bitch. But to be fair, I feel like I could be won over by socialist viewpoints if we had a party that espoused them. I want to see housing as a guaranteed human right, I want to see equity slaughtered publicly, I want to see accessible healthcare provided in a timely manner at no expense to the patient, I would like to see private schools appropriated and used for the betterment of the population, I would like to see the public provision of free parking for cars banished, I would like to see public transit made free for all, and I would like to see the free availability of clean drugs of all types to those who want them. I think these are reasonable viewpoints which would resonate with many people, and I would support a party which supported some or all of these things. Barring that, I'd like to see things get shaken the gently caress up at this point, because the status quo is not working.
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Aug 16, 2023 04:39
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Maybe the cons will have a bullet-proof plan to fix housing to the huge benefit of the lower class peoples they've historically oppressed and scapegoated, at the expense of the upper-middle-class white people who are the only intended beneficiaries of their entire body of work! We don't know until we try! Fortunately I, a housing-secure rich white guy, will make this sacrifice for you all and vote the way I have always threatened to do.
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Aug 16, 2023 05:22
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PT6A posted:You can know a tree by the fruit it bears, and the Liberal fruit has been poisonous... The cashew tree's fruit is poisonous. Yet despite this, we still observe throngs of people safely eating its nuts! (You just gotta roast em once or twice) I guess just be sure to roast the libs a bunch and they'll be not poisonous? Idk this analogy got off the rails
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Aug 16, 2023 05:24
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Pleads posted:Maybe the cons will have a bullet-proof plan to fix housing to the huge benefit of the lower class peoples they've historically oppressed and scapegoated, at the expense of the upper-middle-class white people who are the only intended beneficiaries of their entire body of work! We don't know until we try! PT6A talkin bout voting for the Cons as a "mystery box"(lmfao) itt be like  No, it's not a fuckin mystery box. Look at what Harper did over his reign, and then look at what Ford has done and what Kenney did during their tenures. That's what a Con govt. looks like, it's not a fuckin Pandora's box. You're literally saying you'd rather make a deal with a monkey's paw just to see what happens, rather than sticking with the milquetoast centrists that are letting the status quo fester but won't revert decades of progress on social issues like the Cons will.
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Aug 16, 2023 05:46
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PT6A posted:Uh huh. How much money did you donate to the ANDP to fend off these loving pricks? I know this might be a lot for the home-owners in the thread to understand, but most of us are politically active offline and on because we don't have any money, instead of because of our repulsive personalities
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Aug 16, 2023 05:52
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infernal machines posted:Because of the profit motive, we will not build housing such that there is a glut of supply that significantly overwhelms demand. Like, yes, we should increase supply. And also, if we attempt to increase supply under the current system, the results will remain the same as they have for the last 30 years. I agree with this and we've seen real examples of this in 2008 when everyone freaked out and a lot of projects were suddenly holes in the ground for eight months. I do think that there's a limited solution here though in liberalization of housing such that more marginal projects that are currently not possible or viable get built despite the lower profit margins. I think there's lots we can to to sort of stretch the amount of housing that gets built even as rents stagnate and profit margins narrow. Right now our housing system relies increasingly on enormously complex and large master planned condo projects, some times multi-tower ones. The only entities that are capable of building these things are giant corporate builders. These enormous companies employ hundreds and need hugely expensive projects that bring in massive revenues to keep going. If the profits aren't available in Vancouver they'll simply go do work in San Diego. We've already been seeing this with luxury builder Westbank largely shifting away from Vancouver as the foreign buyer tax was introduced. Accordingly there's an enormous amount of sorts of housing projects that companies like Westbank would never bother with because it's so minor. However, for small time builders and home owners there are all sorts of minor projects that would sustain a small company or be a life changing amount of money to an individual home owner. Legalizing more of these sorts of projects, like small four-six story, one lot apartments, would I think create a lot more homes even in an environment with stagnating rents, because I think even as some of the huge builders with their massive marketing budgets and massive overhead would move on, smaller developers and owner occupier builders would still see the value in the projects at the lower margins and still go ahead. infernal machines posted:It will be bought up by investors and rented back at the absolute maximum the market can afford, and anything that can't be will be put up on the secondary market as short-term furnished rentals and Airbnbs. The minute investors aren't buying, it will stop being built. It suggests to me the notion that the investors are financing the construction of housing. I'm constantly reading that investors are the problem and they need to be banned whatever, well careful what you wish for... If the investors are indeed the financing and the only reason things are actually getting built, then if they disappear then it could mean things won't get built. It would work if the government conveniently steps in for the sudden lack of financing, but if they don't, well expect a sudden dearth of construction, a plunge in vacancy, and spiking rents and prices. Ultimately the question of "who are renters renting from?" needs to be sorted. If it's not the literal government, it's investors. (It's not a great system here I'm not defending it, I'm just pointing out that investors at the moment are a load bearing piece of the wall that needs to be replaced if removed) Femtosecond fucked around with this message at 06:06 on Aug 16, 2023 |
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Aug 16, 2023 06:01
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That being said I keep saying basically the same thing as PT6A except instead of reaching the conclusion "and thus vote Conservative" I instead surreptitiously link to this image
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Aug 16, 2023 06:02
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Hello, northerly friends! It has come to my attention that exxon has accepted a promotion and therefore we need a new IK for this thread. And CanDebt, I guess. Volunteers and
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Aug 16, 2023 06:06
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Just so long as it's not anyone I have blocked. ...we may need some new blood.
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Aug 16, 2023 06:16
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if you tap me for the job I promise to do nothing but chainprobe a handful of people for the unforgivable crime of liking things I don't hawaiian pizza likers, you're on notice Mr. Mercury fucked around with this message at 06:53 on Aug 16, 2023 |
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Aug 16, 2023 06:46
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Elect me and I will usher in a bloody reign of terror in which anyone who starts or contributes to a self-checkouts or vegetarianism derail will be brutally probed to within an inch of their life. And I'll threadban that one poster everyone hates, you all know the one.
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Aug 16, 2023 12:55
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Femtosecond posted:I agree with this and we've seen real examples of this in 2008 when everyone freaked out and a lot of projects were suddenly holes in the ground for eight months. I'm pretty sure we agree on every point. I was just saying that we cannot expect market based solutions to the housing crisis because the market is the cause of the housing crisis. So yeah, renters are going to have to rent from the government, because the government is going to be the one funding construction. Consider it an investment in the future of the country. Mad Hamish posted:And I'll threadban that one poster everyone hates, you all know the one. I will face CanPol and walk backwards into hell infernal machines fucked around with this message at 13:33 on Aug 16, 2023 |
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Aug 16, 2023 13:05
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Google Jeb Bush posted:Hello, northerly friends! It has come to my attention that exxon has accepted a promotion and therefore we need a new IK for this thread. And CanDebt, I guess. I’ll throw my hat in, since I’ve become thread spokesperson/agitator. It would be unfair for me not to help out in turn.
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Aug 16, 2023 13:40
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How about hotel room benchmade folder guy? He gets the Canada vibe.
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Aug 16, 2023 13:46
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Glimpse posted:How about hotel room benchmade folder guy? He gets the Canada vibe. He had the sense to take a break from the forums to work on himself after the response that post got, which makes him entirely too reasonable to be an IK.
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Aug 16, 2023 13:48
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Give it to the Albertan Tory who told us not to make fun of the mob lest we get e-whacked. Or Arivia and let her wage war in the politics mod/ik discord
DaysBefore fucked around with this message at 13:55 on Aug 16, 2023 |
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Aug 16, 2023 13:53
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I’m a trans woman.
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Aug 16, 2023 13:55
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gently caress!! Sorry
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Aug 16, 2023 13:55
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