
Peter Kiriazopoulos
16K posts

Peter Kiriazopoulos
@PeterofRecord
Dad & Realtor, looking for insight. If I follow you consider yourself smart.
Toronto, Ontario Katılım Haziran 2011
1.7K Takip Edilen3.6K Takipçiler
Peter Kiriazopoulos retweetledi

🚨 UK McDonald’s CHAOS: Group storms restaurant, megaphone blaring “Allahu Akbar,” screaming the place is “haram” because it serves pork.
They’re not customers they’re demanding the entire menu bend to their rules.
Britain: when do we say enough?
Deport radical Islamists & pause their immigration?
A. Yes
B. No
What’s your answer? 👇
English
Peter Kiriazopoulos retweetledi

@danielfoch There is a price the homes will eventually clear at. I still believe most of these will be estate sales with lots of equity and those who will authorized to sell them
Won’t have the same price stickiness that owner occupier would.
English
Peter Kiriazopoulos retweetledi
Peter Kiriazopoulos retweetledi

On USMCA, there’s a reason that Professor Ian Lee of Carleton University doesn’t get much time on legacy media. He speaks more truth to power than they can handle.
1⃣ We are far more dependent on the 🇺🇸 than they are on us.
2⃣ If 🇨🇦 cannot maintain the current level of free trade in the negotiation, it will be catastrophic for our economy.
3⃣ The only meaningful way to diversify away from the 🇺🇸 is with greater energy exports but the “Laurentian consensus” has severely hindered this.
4⃣ If there’s any change to the level of access the 🇨🇦 auto sector has to the 🇺🇸, we will lose the industry.
English
Peter Kiriazopoulos retweetledi

"Secretary of State Marco Rubio announced new visa restrictions that would bar far-left activists from entering our country, calling them 'enemies of our civilization' and that they're not welcome in the United States." | @townhallcom townhall.com/tipsheet/amy-c…
English
Peter Kiriazopoulos retweetledi

@MPelletierCIO They’ll be sold by the estate at whatever the market will take, having done quite a few of these over the last 24 months there’s an urgency to get it sold and wrap up the estate.
English

When going to open houses of homes with >4,000 sq ft, I see them filled with boomers. I get this as they finally have the money to buy their so-called dream home. Kind of wild, but YOLO has taken root in this post Covid world.
“Wendy Glaister, an interior designer who worked on the Martinos’ home, noticed her empty-nest clients starting to upsize after the Covid-19 pandemic. Lockdowns made them appreciate time with loved ones, and the spread of remote work made it possible for adult children to visit for longer stretches”
The big question is who will buy them in a decade? Maybe it will be like Canada’s massive immigration where multiple new Canadian families buy a home and live together - seeing this in the suburbs of Calgary.
The Wall Street Journal@WSJ
Boomers already dominate the housing market. Now, as empty nesters, they want even bigger homes. on.wsj.com/4pp321d
English

@EricDLombardi The problem is the population pyramid is too too heavy.
English

There is no western that society that values its kids/families more than its elderly, and that’s simply the mathematical reality.
In Canada for instance, this is roughly the distribution of net cost per person in each age cohort (pic).
That the entire western world has these problems isn’t a mystery, it is effectively a product of choices and priorities that have been common across them.
Public policy leaders have largely just thrown their hands up and said that this is an unsolvable problem, when it is largely explainable.
For instance, a young family in Italy spends about 1/3-1/2 of the taxes it pays to support pension benefits. Less of their taxes actually go to supporting their own kids.
Maybe I’ll do a longer dive into this…

Rob Silver@RobSilver
@EricDLombardi Is there any western country where these two trends aren’t also occurring? Asking sincerely
English

@EricDLombardi It’s nuts that 180k in income still qualifies a boomer for OAS
English

I think the explanation is slightly different, or one level deeper.
In most wealthy societies, children become a cost (space, time, financial) whereas in undeveloped economies, they are a benefit (labour, take care of parents when elderly).
What’s the outcome? Large families become more of a luxury. And the data shows it now too.
So, does that mean we write off this problem as inevitable? I don’t think so.
It simply means we don’t value kids enough and we should change that.
Basically every wealthy society has developed a basic income for retirees via pensions etc. Not true for kids. Even in Canada, clawbacks on child benefits start at 1/3 the income than for programs like OAS.
Pretty much every modern welfare state spends more on its elderly than on kids and families.
Dan@Dan_From_Reddit
@EricDLombardi Well i think the best explanation for the data is that economic prosperity is inversely correlated with TFR, as people become wealthier they seem to have less kids. TFR in Nigeria is ~6.0, but 80% of the pop works in agriculture and live off of on average 61$ a month!
English

My gut says GTA will be slightly positive over last year… but my gut is also very hungry.
Is this just the rest of Canada behind the GTA ?
BNN Bloomberg@BNNBloomberg
CREA now expects home sales decline in 2026 as it lowers forecast again bnnbloomberg.ca/business/real-…
English
Peter Kiriazopoulos retweetledi
Peter Kiriazopoulos retweetledi
Peter Kiriazopoulos retweetledi
Peter Kiriazopoulos retweetledi

Trudeau Government Used Faked Intelligence To Illegally Frame Protesting Truckers As Violent Extremists
public.news/p/trudeau-gove…
English

Is it really a surprise that the most selfish generation is supporting the status quo that’s benefited them the most.
Tablesalt 🇨🇦🇺🇸@Tablesalt13
OMFG Really?!?
English







