Beepbeep

@ronmortgageguy How do the regulators allow this?

He felt that was a better option than tale on a huge mortgage that was going to be much bigger than the property value I think he did the smart thing The burning question is: how many people picked the "Blanket Appraisal" option?

WOW Look At This: Toronto Condo Crash Confirmed With A Wild Mortgage Twist A Bank is offering a Condo Buyer a Valuation that is 27% higher than the value an appraisal he paid for revealed. The value of his Pre-Con Condo has SUNK from $2.2M purchase price to $1.6M today 2/

@MarcLevesqueEco @slessard2000 The only issue isn’t flight risk. We have primary, secondary and tertiary ground considerations at bail. And innocent until proven guilty isn’t a hall pass to get released on bail in any circumstance.

@slessard2000 Nope. He didn’t stab anybody. He tied to deal drugs. He is required to surrender his passport and wear a GPS bracelet. He is nonetheless innocent until proven guilty. The only issue here is flight risk. Nothing else. This has nothing to do with Trudeau.

Why not in JAIL?

@ronmortgageguy Things were good until they weren’t. Feel for her situation. Is bankruptcy a way out?

She also knows after closing negative cash flow would be $1800 a month Told her we had Alternative & Private Lenders who could handle the mortgages "GOOD" she said: "Now what about the OTHER 8" Another building: 4 in June & Another building: 4 in September Can't make this up

Toronto Condo Crash: Stuff Just Keeps Getting Wilder As a direct to consumer mortgage sales organization, we record all our calls One of our Associates had a banger last week Dog Crate Condo Crazy Town A woman calls about 2 Pre-Con Condos coming to completion in March 2/

@ronmortgageguy Ron thanks to your coverage of this issue. Following you motivated us to sell our condo last year and get into house. We managed to get a good price thankfully because our condo was an original factory loft.

@Tablesalt13 NRC is not to assist “Norwegian refugees”. It’s a very old and respected NGO assisting people in humanitarian crisis around the globe.

Global Affairs foreign project database is down in the wake of the USAID scandal the government claims its "down for maintenance" Not to worry :) I kept receipts. Heres some screen shots of the award winning money burn programs:.....🧵

@Rob_Coder @SwanBoatSteve @TTChelps Watch for it and you’ll see. It’s confused me before and I’m local. Must be brutal for tourists.

After many years of the King Street "pilot" with farside stops, will the TTC ever update the GPS coordinates on the stop announcements so they don't call the next stop before we reach the current one. This is a leftover from old nearside stops and it confuses riders. @TTChelps

@MarkinMetaForm Are you willing to make some pricing predictions re Toronto houses?

The Breaking of Normality: The Growing Indifference of Home Prices to Interest Rates Changes For my entire adult life there was a direct relationship between interest rates and home prices. The equation was a simple one; the lower the interest rates, the more home a Canadian

@AlexDRMather @BloorYorkville Can you provide a bit more details on this @AlexDRMather

Regular reminder that the @BloorYorkville has actively campaigned against road safety measures on this very stretch of road.

@ronmortgageguy Ron would love to hear a show about what happens to house prices if there’s a recession.

Unemployment Will Soon Become A Major Issue In Canada: It's Going To Get Worse What makes Bank Of Canada Rate cuts a certainty is ongoing Job Losses in Canada particularly Ontario Don't be fooled by Jobs Reports showing small rises in Unemployment it's going to take off 2/

@alexbozikovic That’s my favorite house in the city. Interesting backstory as well.

Back in Toronto, climbing the escarpment and looking at concrete and gardens

@hashjenni Disagree: YYYY-MM-DD. Allows computer to organize file names in chronological order.

DD/MM/YYYY is the superior date format , MM/DD/YYYY is just dumb.

@peterburnside @Tablesalt13 And organics.

@ronmortgageguy @Krommsan I wonder if at some point (when the price is right) people might just buy 2 adjacent units and knock a wall down?

@Krommsan Yeah it's a version of a cell

What's Going To Happen To Condos In Toronto? Here's A Solid Examination The CBC has produced a strong segment detailing the rise & possible fall of Tiny (people hate it when I say Dog Crate) Condos The potential dangers are becoming clearly evident youtu.be/xGfFBP7U7pQ?si…

@StephenPunwasi The issue I have is the language “siege” which is militaristic. What response is justified then? Siege: “the act of surrounding and attacking a fortified place as to isolate it from help and supplies, lessening the resistance of the defenders making capture possible.”

It’s douchie but what law are they breaking? None, so while I don’t like it—why don’t we let police deal with the criminals taking over the city instead of our feelings.

@wojteks81929404 @mortimer_1 I completely agree. Like her views or not, those views are informed and articulated in a clear and even-handed manner. I could see her having great success in academia, law, politics, government, or in the NGO field.

@mortimer_1 Okay, explain why? I take you don’t agree with the idea Israel is a bad actor and/or that ToU shouldn’t own investment related to Israel (easily in military-enabling industries). But Why do you think the girl doesn’t do her job well? She seems to rather efficient communicator

Tell me it took you 4 years to realize an undergrad degree in political science and environmental studies was a waste of time without telling me…

@dykelibertarian @MattWalshBlog Try telling my Aussie shepherd not to follow us from room to room of the house. You can’t turn off instinct.

I've listened to all of the arguments from the pit bull defenders and I've realized the error of my ways. I'm sorry. Pit bulls might be disproportionately dangerous and far more likely to kill or maim than almost any other breed, but why should that stop you from bringing them into the community? Yes they might try to eat your neighbor's child, but that's none of your neighbor's business. Sure there are plenty of other breeds that are much, much less likely to attack, and even if they do attack are much, much less likely to do any significant damage. But why shouldn't you skip over all of those significantly safer breeds and specifically choose the one that poses the greatest statistical risk to everyone around you, including your family and yourself? Sure pit bulls are genetically predisposed to aggression, and built to inflict maximum damage, but why should that have any impact on your decision to adopt one? Sure the risk you take by adopting a pit bull is also a risk that you are forcing everyone around you to take as well, but why should that matter to you? I see it all clearly now. It makes so much sense. Thank you all for your feedback.

@Dustin054345553 @William13975468 @mortimer_1 @ChadPawson You know they don’t ask you about farm travel at airports for fun or out of curiosity.

@William13975468 @mortimer_1 @ChadPawson And that's a dumb bylaw too, as long as you have the land for it, go for it. No one's putting a petting Zoo in their condo. If someone wants to put one on their acreage they should be allowed to if they own the land and aren't renting.

Patrick Baldwin operated his short term rental without a valid license and claims to be ‘demonized’ Didn’t realize Patrick was exempt from following the rules 🤷‍♂️ Story from @ChadPawson cbc.ca/news/canada/br…

@SarahNauser Their thinking is clearly very distorted and broken. I pity them - they are living a very sad existence.

A really harsh reminder of how evil and terrible our world can be. Not sure I have ever felt so dehumanized even knowing this is likely a typical troll. I would be lying if I said it doesn’t sting. Here’s your reminder to be a light in our dark, cruel world. #ALS #FightLikeAGirl

@ronmortgageguy Enjoyed the episode very much.

The Angry Mortgage Podcast Is On The Air So much Housing Craziness this week So many falsehoods & outright lies We cover a lot of territory this week because in Canada Housing is the economy & that's turned out to be not such a great outcome youtu.be/80BPO7fx0js?si…

@StephenPunwasi Why don’t they ever contribute to unemployment? Like they are excluded from the stat?

Remember when I said 🇨🇦 skews unemployment artificially lower because international students contribute to employment but never unemployment? For the folks that said I was wrong, Stat Can confirmed that is indeed how it works. 🇨🇦, More Unemployment Than You Think™️