/biz/ - Business & Finance

Jeets are unbelievable. They take out a fraudulent mortgage and live in the master bedroom while setting up a rental barrack in every other room, collecting rent from 8-12 jeets all living in the same house and shitting down the kitchen sink.

>>55044885
Can you comprehend there's a difference between high trust immigrants of a similar culture migrating to a sparsely populated boreal forest vs migrating to an urbanized and established metropolitan? "Fuck off we're full" isn't a meme, we're literally fucking full and can't accommodate more humans coming in. That's why housing is ballooning harder than crypto dogshit coins in every western nation.

If you're pro migration, you're literally damaging to even the first gen shitskins who also even thing our immigration is too high themselves. Every new person is more pain for everyone living here. Every new jeet is one more person now homeless. It's hard to imagine you're arguing in good faith, because even 1st Gen jeets and Moroccans I've met think our immigration system is fucked.

>>54993345
With the added bonus that housing and rentals didn't go down at all in cuckada since the rate hikes (immigration far exceeded the plummeting demand). You saw $1m Toronto shitshacks, now buckle up for $1m tin sheds in a countryside meth yard

>>54947667
Canada isn't a country, it's an economic zone, and the people behind the wheel are unironic, literal globalists who have declared total war on middle class. Consider that the population is 39m and we take in 1m+ third worlders a year. Even progressive countries I used to make fun of like Sweden can't hold a torch to that level of on insanity.

Being priced out of owning anything is a feature, not a bug. But to answer your question, study in mom's basement, get your degree, and fuck off somewhere that's less insane

>>54602591
>They will create short term artificial demand for housing with immigration
This. There is 0 (ZERO) organic demand for housing with the current interest rates making 20x median salary suburb bungalows totally priced out for first time buyers. Nobody can buy, so all they can do is crank the immigration dial to 12 and import far too many humans for the available roofs to accommodate and prey the pico-giga-mega-turbo bubble doesn't pop from Canadians realizing the average leaf bank is even more illiquid than SVB

Any domestic or global black swan event that pumps the breaks on immigration would send housing -87% within 48hrs