Jarym Kowalchuk

@SteveSaretsky @danielfoch @Howard__24 Allowing foreign buyers of new construction only (what the letter is asking for) has some merit. Should be accompanied with a 3-5% foreign buyer tax as well. I’m assuming 90% + of all sales are not new homes anyways.

Open letter to PM Carney to remove the foreign buyer ban on new homes. Per @Howard__24

@elonmusk Correlation closely follows declining stillbirths and infant mortality rates

Throughout history, any civilization that experiences extended periods of prosperity with no serious threat of invasion has low birth rates after a few generations. One can debate the cause, but not the correlation. The Romans lamented this constantly.

@DefMon3 👌🏼😂

US Government officials are now working as hard as they can to review the Epstein files for release.

@BlendrNews @CityNewsVAN Exactly. How about we address the actual underlying issues in Canada and its economy rather than relying illegal foreign money that looks good on the books when it shows up but does absolutely nothing to help Canadians. In fact the opposite.

@CityNewsVAN What a wild take. Foreign buyers = organized crime laundering drug money. That’s what drove up prices in the first place. Your solution is to reopen the floodgates? We need to seize criminal assets and flood the market with supply so Canadians can actually buy homes.

Canada’s housing market is wobbling — especially in British Columbia — where pre-sales are flatlining and construction is slowing, and some industry experts say it may be time to rethink restrictions on foreign homebuyers. vancouver.citynews.ca/2025/04/22/bc-…

@NOELreports @United24media Amazing work by everyone involved

Footage of Ukrainian pilots and technicians training on the F-16 fighter jet in Denmark. Footage obtained by @United24media

@IFM_Economist Shouldn’t such persistent positive terms of trade support a higher AUD?

Another strong trade surplus in December...

@HarryHooglebite @AlboMP This actually sounds like an effective middle ground.

@AlboMP Phase out Neg Gear on est. homes & only allow it on new builds of up to 10 yrs & depreciation for only 3 yrs. This will increase the housing supply & quality of rentals

"Australians know this is an issue for their kids & grandkids, they're being frozen out of the market" my comments on negative gearing

@ACapitalFoot @cjoye Your logic doesn’t stack up. Highest interest rates in America in 15 years (much higher than Aus as well) and big housing construction boom.

@cjoye If Aussie monetary conditions are so loose, why are building permits down 20% YoY in a housing crisis? Oh that's right, because only the inheritocracy can afford to buy houses. Sure, those with a big asset base can pay a percent or two more, but economics happens at the margin

Kieran Davies: Ahead of an expected increase in unemployment, the broad recovery in world house prices has continued. US house prices have now reached a new all-time high, up 1½% from last year’s peak. Australian prices are back at the record high reached last year. Canada will likely match its record high in the next month or so. New Zealand prices continue to recover, but are still well down from their peak.  Norwegian prices, which were near their all-time high, took a step back in Q3.  Meanwhile, UK and German prices continue to slowly drift lower. This broad rebound – which has occurred against the backdrop of the lowest unemployment rates in decades – suggests that high interest rates are not constraining all borrowers. This raises the question of whether some households believe interest rate cuts are not far away and/or, more importantly, if monetary policy is not sufficiently tight. bit.ly/45SzP3m

@PolyangiitisG6 @GRomePow I understood the same, but it generally applies to most European countries relative to North America. Men present better too.

@GRomePow At least in Russian/Slavic culture, there is an expectation to always present yourself in public looking your best. Getting your hair and nails done is very affordable ($10 incl nail art) too and it's quality too. This is what someone from a former Soviet country told me.

@hodlthesetruths @GRomePow I went to Denmark

@GRomePow What countries are men flocking to find high value women?

@PierrePoilievre Love this. I hope this happens and goes as intended.

Trapped in housing hell? You’re not alone. Here’s how we get out.

@AndreasSteno Wow 😮

The Danish business model is very simple now a days. We thrive when there is a growing number of obese and depressed people around the globe Industrial production ex and incl medicine here

@Sean_khatibi @cafreeland Very concerning. How will we ever fix this?

TIME TO WAKE UP CANADA 🇨🇦🍁 Canada has the lowest GDP per hour worked across the G7. Another success story that The Honourable Finance Minister @cafreeland will be proud of. Simply put, an over inflated housing market thanks to reckless immigration policy IS THE Canadian Economy. Canada NEEDS to invest and to nurture productive sectors ie manufacturing. Canada needs a national economic development plan that will incorporate immigration as one of its pillars. Canada needs investment in the agricultural , mining , water , Energy and healthcare sectors. Selling homes and cars to newcomers isn’t a national economic strategy.

@QCompounding Free course

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@GRomePow Wow, talk about not understanding the market. 🤦🏻‍♂️😅

@rabbit_wealth @P_D_Bryson (Im just assuming 2-6 months is the normal range)

@P_D_Bryson Yes eg. For NSW it's data from LPI so it's delayed

Today's CoreLogic price index: Syd 185.92 -0.04 Mel 158.06 -0.03 Bri 143.3 -0.05 Ade 166.46 -0.07 Per 109.34 -0.04

@rabbit_wealth @P_D_Bryson I had the same question. To confirm, this means the reported price change is actually reflecting the price change on accepted offers about 2-6 months ago right?

@definitelyguru @RE_MarketWatch @TorontoStar Long amortisation means less money is going to principal and when interest rates rises someone can get trapped in a payment spiral. Shorter amortisation increases the likelihood that the loan is being paid down so when values drop and you need to refinance you are still solvent.

@RoffelJames Any thoughts about where we might be by end of 2023?

2021 vs 2022 Central Okanagan Single Family Home Median Prices Kelowna back near 2021 pricing (down 20% since peak) West Kelowna down 8% (down 20% since peak) Central Okanagan as a whole is down 3.6% and 21% since peak. (Peachland/Lake Country didn't have enough data)