Canada Hockey Chat

1.7K posts

Canada Hockey Chat

Canada Hockey Chat

@TeamNetworkUSA

🇨🇦 🍁 🏒

Katılım Kasım 2013
34 Takip Edilen49 Takipçiler
Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@amiketo_mashiki @BetterDwelling If you bought real estate in 2016 - you are still very happy with your investment. Agreed that we need a reset - but don’t think the powers at be will allow one and herein lies the problem. Real estate gets protected. My stocks never get protected. 🤷‍♂️
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Mashiki Amiketo
Mashiki Amiketo@amiketo_mashiki·
@TeamNetworkUSA @BetterDwelling Problem is, RRE isn't a sound investment. It's crashed over 20% this year so far. Condos are now moving on to 30% the entire market needs a reset just like during the 1979-1984 partial or to '88 complete crash.
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@amiketo_mashiki @BetterDwelling We didn’t have the same problem with mortgages defaults that the US did. But rest assured if we ever needed it they will. This is why residential real estate is a sound investment. Because the government always puts up the guard rails when things are softening too much.
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Mashiki Amiketo
Mashiki Amiketo@amiketo_mashiki·
@TeamNetworkUSA @BetterDwelling Thing is, Canada didn't bail out the real estate industry in '08. It bailed out the auto sector and financing tied to it. Which stopped contagion spillover which is what crashed the market in the US and Europe.
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@amiketo_mashiki @BetterDwelling With regards to the real estate industry we certainly did in 2008. The government will do everything in their power to protect homeowners and values. It’s the voting base and they have always done the same thing. Not saying it’s right or fair - but it is reality.
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Mashiki Amiketo
Mashiki Amiketo@amiketo_mashiki·
@TeamNetworkUSA @BetterDwelling Things aren't fine, you're ignoring reality. I bought my property over 10 years ago. You don't even seem to understand the energy shock that is coming in about 3 months. Have fun!
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@amiketo_mashiki @BetterDwelling We’re done here. Have an excellent day. Stay calm - it’s going to be just fine. Buy now or in next 12 months before the recovery starts. Don’t be crying in 3 years when you are priced out again. 👋 ✌️
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Mashiki Amiketo
Mashiki Amiketo@amiketo_mashiki·
@TeamNetworkUSA @BetterDwelling Congratulations, you've posted a sales ad disguised as a turn around. For a failing condo deployment, where there is a housing crisis, where nobody is building, lenders aren't lending, and prices for new & used homes are astronomical to wages still.
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@amiketo_mashiki @BetterDwelling The values are back to pre pandemic. If they deflate another 5-10% that is not a crash. It’s an over correction which will then be followed by the healthy annual appreciation of 5%. You’re dreaming if you think values will come down another 50%
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@amiketo_mashiki @BetterDwelling This will not age well. See you in summer 2027 where you will still be telling me the crash is coming - just around the corner - it’s coming I swear. Meanwhile the rest of us on planet earth will be watching a different story with Canadian real estate.
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Mashiki Amiketo
Mashiki Amiketo@amiketo_mashiki·
@TeamNetworkUSA @BetterDwelling You mean when all the people start losing their homes because job losses are accelerating across Canada. You've got no idea how bad of an economic state Canada is in or that Canada is likely going to be the source of the next financial crash.
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Mashiki Amiketo
Mashiki Amiketo@amiketo_mashiki·
@TeamNetworkUSA @BetterDwelling No, you did not. You don't understand the originations are up because the majority of mortgages are up for renewal. At this point I'm not sure you even understand nationally the market has crashed 20% and that debt is still on. Along with the co-signers who owe money.
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@amiketo_mashiki @BetterDwelling Cool. Majority are legacy homeowners that have tons of equity in their homes. the goofy buyers that overpaid during covid with free government money and low rates will be weeded out of ownership and replaced by investors. Bark all u want - come back to this summer 27 and u will c
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Mashiki Amiketo
Mashiki Amiketo@amiketo_mashiki·
@TeamNetworkUSA @BetterDwelling Uh.. you don't even know what you're talking about now. We're in the 60% of existing mortgages have to be refinanced over the next 15 months phase right now.
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@amiketo_mashiki @BetterDwelling I did. Mortgage originations are up. Read the report. Power of sales are up dramatically and cleaning out the silly buyers who bought during COVID and thought interest would stay at 0% forever. That cohort is coming to an end. Majority of owners are fine and stabilization up next
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Mashiki Amiketo
Mashiki Amiketo@amiketo_mashiki·
@TeamNetworkUSA @BetterDwelling Hahahaha. Oh boy, you didn't even understand what I said. I said, banks aren't renewing mortgages people who haven't missed payments - this is true. Why don't you look up the number of Power of Sale you know, before default. That one is far more interesting.
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@amiketo_mashiki @BetterDwelling PS - Mortgage originations are up 9% so looks like the banks are saying yes despite your claim. Let facts and economics guide the way and not politics or personal opinion.
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@ShaziGoalie Dive deeper into MLS my friend. Get the fob. Things are selling. Q2 2026 report will kill your feed.
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Shazi
Shazi@ShaziGoalie·
Spoke to a Toronto realtor today. Open houses are busy. Lots of showings booked. But offers just aren’t coming in. Buyers are showing up, taking a look and then walking away.
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@mark_slapinski Beyond silly. Been back and forth 100 times since Trump took office and it’s actually easier then when Biden was in charge. No issues at all.
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Mark Slapinski
Mark Slapinski@mark_slapinski·
I'd highly encourage Canadians to AVOID ALL TRAVEL to the United States. Not out spite, but out of safety. Even Canadian citizens with proper documentation are being arrested and sent to detention camps!
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@Bitcoin_Teddy They also didn’t travel, eat out very often, shop for clothes, renovate their homes, vinyl wrap their cars. They lived much more disciplined lives and sacrificed for the future of their families and focused on building wealth instead of their lifestyle. Fleeting qualities
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Bitcoin Teddy
Bitcoin Teddy@Bitcoin_Teddy·
Older generations say “we all struggled in our 20s.” No, you didn’t. You didn’t pay $3200 for rent and $10 for eggs. You didn’t graduate into $50K student debt and $0 job security. Gen Z isn’t dramatic. They’re drowning.
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Canada Hockey Chat
Canada Hockey Chat@TeamNetworkUSA·
@REWoman If resale home prices continue to fall - there will be no new homes coming to market which will starve cause demand to outpace supply lopsidedly and will cause price spikes in the future.
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Edna Garrett
Edna Garrett@WatchMyReview·
@LetsTalkLJ49 He'll get hired because he "Won a cup" in 2019. Same reason we hired Berube.
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Keşfet

@amiketo_mashiki @BetterDwelling @elonmusk @BarackObama @taylorswift13 @cristiano @BillGates @NASA