Subject: Re: Erection Day
Newsgroups: can.politics,can.general,talk.politics.misc,alt.politics,alt.fan.rush-limbaugh
From: c186282 <c186282@nnada.net>
Date: Mon, 28 Apr 2025 16:55:05 -0400
On 4/27/25 11:51 PM, David Dalton wrote:
> April 28 is federal Election Day in Canada.
>
> I called it Erection Day in the Subject line since one
> main focus of all the platforms is home building.
Well, 'home building' is important - but HOME PRICES
are even more critical these days. The populations in
Canada/USA haven't gone up very much, there ARE houses,
but the PRICE ... wow !
The 'good news' is that the latest real-estate bubble
seems to be bursting. Of course for recent buyers and
lenders that ain't such great news, but for Joe Canuk
Joe American it'll be welcome.
This will be TWICE in recent memory that there's been
a huge real-estate bubble and crash. This does DAMAGE.
Nobody learns a damned thing. Not sure what can be
done on the legal/regulatory level to calm down this
process - the consumers MUST have the wit to reject
inflating prices, NOT buy until things stabilize,
until the Gold Fever epidemic fades away.