Here is where Harris overperformed Biden

[CanadianMalodu]

30 minutes ago, lollilolli2020 said:

same with canada too most of the canadian economy is tied to housing and immigration; they printed money too@CanadianMalodu how do you think they will steer off of it 

By sacrificing the dollar.  BoC did a rate cut already. If Fed doesn't cut by as much and BoC keeps cutting more, loonie will be weakend further.

What that means is those that don't own a house will bleed by paying extra for day to day living in terms as transactions of imports are tied to USD. This is just another inflation without calling it one. 

Even then there is no guarantee that housing may go into highs again. With reduced immigration, demand may weaken in rentals, those that purchased second houses on mortgages will struggle to keep up with payments by renewal. Overall except for stable markets like Ottawa, boom prices may crash partially and plateau in other areas. If coupled with higher number of constructions, as Pierre says the prices could correct even more. But the living costs are going to be a bummer for those that earn in CAD and spend in USD (as the imports are in USD) in Canada 

@papampasivaadu will have to do another job. 

[kevinUsa]

45 minutes ago, CanadianMalodu said:

By sacrificing the dollar.  BoC did a rate cut already. If Fed doesn't cut by as much and BoC keeps cutting more, loonie will be weakend further.

What that means is those that don't own a house will bleed by paying extra for day to day living in terms as transactions of imports are tied to USD. This is just another inflation without calling it one. 

Even then there is no guarantee that housing may go into highs again. With reduced immigration, demand may weaken in rentals, those that purchased second houses on mortgages will struggle to keep up with payments by renewal. Overall except for stable markets like Ottawa, boom prices may crash partially and plateau in other areas. If coupled with higher number of constructions, as Pierre says the prices could correct even more. But the living costs are going to be a bummer for those that earn in CAD and spend in USD (as the imports are in USD) in Canada 

@papampasivaadu will have to do another job. 

Already people who have purchased houses in ajax and withby are crying bro  they are Already upside down 

My friend friend purchased house for 1.2mn in ajax now worth only 950k..

If I am not wrong the value of house should be less than 600k

.

@lollilolli2020 your house in Trudeau kalisthan is safe bro

[kevinUsa]

Trudeau gadu saying land is main problem aa Rey prapancham unna land mottam nee g kinda undi land ledu ani crying 

[lollilolli2020]

3 minutes ago, kevinUsa said:

Already people who have purchased houses in ajax and withby are crying bro  they are Already upside down 

My friend friend purchased house for 1.2mn in ajax now worth only 950k..

If I am not wrong the value of house should be less than 600k

.

@lollilolli2020 your house in Trudeau kalisthan is safe bro

I am still looking like sonu patel anna. 

[CanadianMalodu]

5 hours ago, kevinUsa said:

Trudeau gadu saying land is main problem aa Rey prapancham unna land mottam nee g kinda undi land ledu ani crying 

This is how it goes. Government spends $$ it doesn't have --> Gives it away to Corps + Corruption --> Inflation --> RE goes up--> People buy stupid mortgages

Same story in Canada, Australia, UK, Canada and India.

Why do you think Dora borrowed lakhs of crores? Why do you think Baboru is borrowing a lot? Why do you think Modi Tatah printed 1 trillion INR?

MIDDLE CLASS is happy to be raped globally. Govt. Rapes them, then corps join the orgy. 

Rest is all theatre.

[hunkyfunky3]

7 hours ago, lollilolli2020 said:

anduke @Sonu_Patel is still looking. these have to go down anna; lekapotey ee wages toh bathakalem.

Wages didn't increase, but lots of business men made millions...they and corporations bought thousands of homes , driving up the prices

[CanadianMalodu]

1 minute ago, hunkyfunky3 said:

Wages didn't increase, but lots of business men made millions...they and corporations bought thousands of homes , driving up the prices

Wages didn't increase because of unchecked immigration to provide a constant source of cheap labour.

[kevinUsa]

15 minutes ago, CanadianMalodu said:

Wages didn't increase because of unchecked immigration to provide a constant source of cheap labour.

Bro he said that he will curtail immigration what about it in Canada

[CanadianMalodu]

37 minutes ago, kevinUsa said:

Bro he said that he will curtail immigration what about it in Canada

There is already a lot of immigrants. Many of them are struggling to find a decent job forget demanding salaries. It is a bells and whistles situation for Corps. They can avoid raising salaries saying many others available to do the job. 

Problem with desk jobs is most to the job is SOP or process driven and less people driven. So, it doesn't matter. You can always be replaced. This makes people scared about demanding a raise. 

If you're a doctor or a welder even though you have a process the job is more person dependent and therefore can demand more.