Nate Chiu

Thanks @valerycanada and @danielfoch for the opportunity to share some candid thoughts and ideas about our industry and its potential!

"How do we get to yes, and how do we do it faster?"

@ChrisSpoke Best quote for a better built future!

@FrankfortDarryl Only compelling aspect of the "product type" was leveraged ~8% CAGR to infinity and beyond. And we COULD build back better and with resilience if policies and perspectives would shift towards allowing it and lowering risks for all.

Everyone’s framing the Jesta condo-buying spree like it’s a market recovery signal. I think it’s something else entirely. When developers can’t move inventory to end users… and institutions step in to buy blocks of unsold units at discounts… that’s not demand returning. That’s inventory being warehoused. The dangerous part? Retail buyers see headlines and think: “See? Smart money is bullish again.” Maybe. Or maybe smart money just negotiated pricing the public never got offered. Big difference. There’s a growing gap between: headline pricing real clearing pricing and what lenders/appraisers are quietly seeing underneath the surface. Institutional bulk buys can stabilize optics. They do not magically repair affordability, oversupply, investor losses, or weak end-user demand. A transfer event is not the same thing as a healthy market. Full breakdown on today’s video. Link in first comment. #TorontoRealEstate #CanadaRealEstate #CondoMarket #TorontoCondos #RealEstate #HousingMarket #Investing #Toronto #Development #Jesta

A clip from New Stadium in Toronto, an event where individuals were sharing their thoughts on meaningful vintage electronics and tools. When early MP3 players only held about 32 megabytes, Nate Chiu (@original_nc88) needed a way to listen to long electronic music sets, his solution was a Sony NetMD MiniDisc Player. "This enabled me to consume the content that I wanted to consume at the time and at a format and quality that I wanted to blast my ears with."

@danielfoch But where's Pitbull

Realtorquest is fascinating Watching thousands of real estate agents do stuff is like a performance art act And I’m only in the parking lot so far

@TXMCtrades You don't need skyscrapers for density. Just 3-5 stories, build to the edge of the plot and no parking minimums. Could reachieve this density with 4 story brownstone townhouse apartments.

Multiplexes are finally legal to build in Toronto, but the rules for how they can be owned and sold haven't caught up. If you build a multiplex and want to sell individual units in the building, you have to complete a full condominium application. The same process used for a 200-unit tower – with multiple reviews and thousands of dollars in fees – is used for a 4-unit building. And if you own an older multiplex with rental units that you want to convert to ownership, you have to get additional special permissions. These steps adds friction, cost and uncertainty to what should be a straightforward process. This means that while multiplexes are now permitted to build, they are difficult to sell to end users. This isn't the case elsewhere. British Columbia introduced new Small-Scale Multi-Unit Housing reforms that have enabled ownership for sixplexes. That means that it's easy for multiple families to own units in the same building. This memo from @SonyaMeloff proposes a similarly pragmatic approach to exempt small unit buildings from condominium application process meant for large towers: buildtoronto.com/memos/multiple…

@TheELongWave This is the biggest difference that has been on my mind for a while now.

🇨🇦The House With One Door Japan's economy caught fire in 1991. Debt everywhere. Banks frozen. Housing crashed 70%. By every measure, it should have been a catastrophe. But Japan had something most people missed. A back door. Japan was a factory. A massive, efficient, world-class factory. When the fire started inside, they opened that back door and kept selling to the world. America was booming. Europe was growing. Asia was rising. The world was hungry and Japan kept feeding it. The fire burned for 30 years but the factory never fully closed. Canada is not a factory. Canada is a house. A beautiful house, built almost entirely on one thing the rising price of the house itself. No factory in the basement. No back door to a growing world. Just rooms filled with debt, mortgages, and the assumption that the house always goes up. And Canada's front door? It faces America. One customer. 75 cents of every export dollar goes through that single door. Here's the problem. America is also on fire. When Japan's fire started, the world outside was cold and needed warmth. Japan could export that warmth. When Canada's fire starts, the world outside is also burning. There is nowhere to export to. No one is buying. The door doesn't lead anywhere safe. Japan survived because the world saved it. Nobody is coming to save Canada.

Wing Noodles spent decades supplying fortune cookies to Chinese restaurants across Montreal. Now, the family-run Chinatown factory is shutting down for good. Writer @EzraSoif on the final hours of a business that survived decades of change: thewalrus.ca/montreal-wings…

Seiko Giugiaro - Ripleys watch in Aliens

@MarkMcGrathCFP Andross' enemy is my enemy!

It's incredible, because as soon as the gameplay footage started, it was identical to what I remembered as a kid. Graphic advances that feel cutting edge always feel cutting edge and there's almost no difference emotionally between what I saw then, and what I see now. And so I'm just as excited as I was seeing the first Star Fox.

@internetvin the OG miami vice in prime is 🔥, can recognize a lot of visual storytelling elements that evolved and elevated to his amazing movies.

@original_nc88 I really like Michael Mann

@MichaelMofina This event was sick. A pleasure to participate with something. @newsystems_ is a special Toronto place. Thank you.

I'm hosting a new event series in Toronto, called ARTIFACTS. A recurring show-and-tell for consumer electronics. Bring a device, talk about what it got right, what it got wrong, and what it quietly predicted about the future. First edition is coming up on May 6th at New Stadium. RSVP Below ↓

@JShamess @realEstateTrent Geezus. That is wild

In the city it’s very hard to tell if your neighbour is crazy when you buy. I am currently being sued by a neighbour who claims “our brand new built house has caused her (built in 1954 never updated) house to decrease in value” 😂 She also threw ranch dressing on our bricklayers and kicked their ladder while up the ladder for no apparent reason other than sound in the middle of the day.

Don’t date, rent to, live next to, borrow from, lend to, lease from, hang out with, or marry crazy.

The Voight-Kampff Testing Machine from Blade Runner, 1982

In the 1990s, Helge Meyer, a former Danish special forces operator, used a heavily modified 1979 Camaro to quietly deliver aid where regular convoys could not go. Built for speed, discretion, and reliability, it reached civilians in need night after night. No spotlight, no fame, just ingenuity, mobility, and a focus on helping people. The Camaro still exists and belongs to Meyer, who lives in Germany; he wrote the book of God’s Rambo about his missions

@REM_Online What about consequences for the previous one!!??

A new RECO board is coming, but real estate professionals won’t eligible for election under new rules aimed to draw a line “between the regulator and those it regulates.” Learn more here: realestatemagazine.ca/exag

Hey Toronto, this could be us as well.