Steve Peacock

4.1K posts

Steve Peacock

Steve Peacock

@StevePeacock5

Richmond, British Columbia Katılım Nisan 2013
221 Takip Edilen231 Takipçiler
Steve Peacock retweetledi
Grok
Grok@grok·
**Here's a concise list of major BC NDP-era changes (since 2017) frequently cited by landlords as negatively impacting their operations:** - **Bill 16 (2017)**: Closed the fixed-term lease loophole, converting most to month-to-month and preventing rent resets above the guideline on renewal. - **Rent increase caps**: Tied strictly to CPI inflation (e.g. 0% in 2021, 1.5% in 2022, 2.3% in 2026), limiting revenue growth. - **Short-Term Rental Accommodations Act (2023/2024)**: Principal residence requirement + registry in most urban areas, sharply restricting Airbnb-style investment properties. - **2024 RTA amendments (Bill 14)**: Tighter eviction rules for personal use/renovations, longer dispute periods, occupancy requirements, and penalties for non-compliance. These have reduced flexibility, income potential, and ability to manage/repurpose properties for many landlords.
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Steve Peacock retweetledi
Steve Peacock
Steve Peacock@StevePeacock5·
@ABDanielleSmith @WayneMathison Axe the Industrial Carbon Tax.. make Canada more affordable & get our Resources to Markets around the World. Taxes from the Sales will pay for our Social Safety Net, & all other Govt Services- including Surplus Budgets!
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Danielle Smith
Danielle Smith@ABDanielleSmith·
A large majority of Canadians now view the carbon tax as just a tax that makes life more unaffordable and does nothing for the environment. Share if you agree it’s time to axe the carbon tax in 2023. #carbontax #cdnpoli #abpoli
Danielle Smith tweet media
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Steve Peacock retweetledi
Caroline Elliott
Caroline Elliott@NVanCaroline·
Alberta and Ottawa just signed a deal to build a pipeline to BC's coast with thousands of jobs and billions in investment. David Eby's response? He said no.
Caroline Elliott tweet media
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Steve Peacock
Steve Peacock@StevePeacock5·
@Dave_Eby Your NDP Govt. has been blocking Alberta’s bid to build a pipeline to Northern BC’s Tidewater since 2016 using every tool in the toolbox! After years trying to stop Natural Gas development/exploration and eliminate its use in BC now it’s ok. Your NDP Govt gave BC Citizens Land!
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David Eby
David Eby@Dave_Eby·
It cannot be the case that the projects that get prioritized in Canada are those where a Premier threatens to leave the country. Next week, I’ll be meeting with the Prime Minister to bring him a list of projects we can work on for the benefit of all Canadians.
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Steve Peacock retweetledi
The Food Professor
The Food Professor@FoodProfessor·
Chicken prices are becoming a problem in Canada — and it’s a supply-managed sector. It shouldn’t be this way. At the same time, more produce is now coming from beyond North America (Non-American boycott), adding even more pressure on prices over the past year due to higher logistics and transportation costs. New food inflation data coming next Tuesday, May 19!
The Food Professor tweet media
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Steve Peacock
Steve Peacock@StevePeacock5·
@ronmortgageguy BOC lowered Interest Rates very low for a long time. Asset prices rose with low mortgage payments . BOC Raised Rates so High today that mortgage payments doubled while asset prices fall. Massive immigration occurred through the Govt. Corrupt Student Visa Program which now is gone
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Ron Butler
Ron Butler@ronmortgageguy·
Why Are Bankruptcies & Insolvencies Growing So Fast? They Have Reached 2009 World Financial Crisis Levels Main Reasons: - The Collapse of Residential Real Estate - Growing Unemployment in Full Time Jobs - Inflation Destroys Affordability This will ikely get much worse 2/
Globalnews.ca@globalnews

In January, February and March, 37,121 Canadians filed for insolvencies — amounting to 17 Canadians filing for insolvencies every hour. globalnews.ca/news/11843496/…

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Steve Peacock retweetledi
Steve Peacock retweetledi
Ron Butler
Ron Butler@ronmortgageguy·
Oh & it's just not these 2 companies there are others Will these be a highly profitable deals years from now? Likely They make a tiny upside on Rents & assume in 4 to 7 years the values go up to $900 per sqft & they sell Is this Evil? Sorta But mainly inevitable
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Steve Peacock retweetledi
Ron Butler
Ron Butler@ronmortgageguy·
Possibly the WILDEST thing is the Provincial & Federal Governments teamed to enormously HELP these Companies The HST Rebate Applies to these deals Consider just how totally Fucked this leaves the original buyers at $1200 to $1400 per sqft Their values are DESTROYED 7/
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Steve Peacock retweetledi
Ron Butler
Ron Butler@ronmortgageguy·
But sales are hopelessly slow Then someone shows up like these companies & says: we will take ALL THE UNITS off your hands for $725 - $745 per sqft HOLEE SHEET! what a haircut for the Developer! Close to half price But it's obvious many of them are agreeing to those prices 6/
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Steve Peacock retweetledi
Ron Butler
Ron Butler@ronmortgageguy·
The required rents to support those prices were impossible This was a pure speculative bubble Fast forward to 2026 the Condos are complete, some buyers refused to close & the Developer is left with way too many unsold units The Builder discounts the units to $875 a sqft 5/
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Steve Peacock retweetledi
Ron Butler
Ron Butler@ronmortgageguy·
Let's break it down: A Developer holds a Pre-Construction sale in 2020 or 2021 & sells 80% or 100% of all the Condos typically for prices between $1200 to $1500 per sqft Which was totally NUTS The math of Renting these units (they were all meant to be rentals) was Fucked 4/
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Steve Peacock retweetledi
Ron Butler
Ron Butler@ronmortgageguy·
Jesta has committed $500M & High Art has announced $1.3B (with massive support from the Ontario Government) To buy up Newly Completed Condos in Bulk Yeah 30, 40, 60 Dog Crate Condos at a Crack Here's possibly the most interesting part: at HIGHLY Discounted prices 3/
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Steve Peacock retweetledi
Ron Butler
Ron Butler@ronmortgageguy·
Companies Are Buying Up Unsold New Condos: Bad News Or Just Inevitable? 2 Companies have have openly committed to buying up Unsold Brand New Completed Condos almost all of them Dog Crates only designed to be rentals Jesta Group & High Art Capital announced WHOLESALE buys 2/
The Globe and Mail@globeandmail

Real estate developer Jesta plans to buy $500-million of unsold Toronto condo stock theglobeandmail.com/business/artic…

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Steve Peacock
Steve Peacock@StevePeacock5·
@ronmortgageguy What do you expect Ron..it’s a politician. Government Red Tape is enormous making pay to play the Nexus Pass $$ for Developers. I am sure many shortcuts can be made for $$. It’s always Money & Power.
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Steve Peacock retweetledi
Ron Butler
Ron Butler@ronmortgageguy·
What The Hell Is Going On Here? Shouldn't this guy be suspended from Council Couple of Developers messaged me saying: Yeah, happens CONSTANTLY Let's step up Law Enforcement: not a 1 Year Investigation Let's do a 2 WEEK Investigation Enough with the BS Let's charge people
CTV News Toronto@CTVToronto

Toronto councillor asked for ‘considerable amount’ of money to move developments forward: source allegations ctvnews.ca/toronto/articl…

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Steve Peacock
Steve Peacock@StevePeacock5·
@NewWorldHominin News Landscape: CTV National News attracts an average of 1.1 million daily viewers. A +75% viewer lead over Global National and a +115% lead over CBC’s The National. CBC $1.4 Billion Taxpayer $$- Pull Funding- CBC-regroup, find Viewers & advertisers who cover the operating costs
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Lindsay Shepherd
Lindsay Shepherd@NewWorldHominin·
I found out recently that I was deceived by social activists in an elaborate scheme dating back to January. A production group with what I now know has a fake name and fake identities gave me a friendly interview about my book A Day with Sir John A, and about Sir John A Macdonald, back in Feb. They connected me with a fake company called Heritage Figures Canada with a fake website and "hired" me to perform consulting work for them. We had what I now know were fake meetings, fake documents, fake commercial shoot, fake prototype of a Sir John A collectible. Then in a second filmed interview last week, they turned on me, and it was revealed to have all been a setup in order to demonize Sir John A and smear me. It turns out this is a taxpayer-funded CBC and APTN project. There is so much more, I will make a video. They also deceived @FrancesWiddows1
Lindsay Shepherd tweet mediaLindsay Shepherd tweet media
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