You will not recognize the Canadian Real Estate Market in a few years! “You Will Own Nothing and You Will Be Happy.”
Yes, just wait and see. I wrote an article about this a few months ago, warning everyone about these big corps buying up the single family dwellings. Just wait and see how the Canadian real estate market and small landlords are going to be changing!! This is all part of the New World Order!! “You Will Own Nothing and You Will Be Happy.”
Ford’s Government Claims No Lobbying Took Place. Group pushing for easier evictions and no rent control says it is in ‘constant regular contact’ with Ontario Premier Doug Ford ‘himself’ by Mitchell Thompson, Ontario, April 28, 2022.
“I’m a long-term member of landlord associations throughout Ontario. We all tried to do a deep dive into who that is and none of us could come up with anything,” Rekrut said. One of Rekrut’s members, she said, called the “organization “a complete farce.’”
What is the Difference Between Cryptocurrency and CBDC – Central Bank Digital Currency?
Both cryptocurrency and Central Bank Digital Currency (CBDC) have come to the attention of the world in recent times.
Cryptocurrency is any type of digital or virtual currency that uses encryption to safeguard transactions. Proof of Work and not Proof of Stake mining.
Cryptocurrencies don’t have a central issuing or regulating authority, depending instead on a decentralised system, called the Blockchain to log transactions and produce new units.
On the other hand, CBDC is a digital form of central bank money that is widely used by the public. They are based on a country’s fiat currency’s value. CBDCs are being developed in a number of nations.
If you think we are being surveilled on now, wait until CBDC’s are issued and we can’t use cash anymore and have to instead use CBDC’s only.
The first thing to remember about CBDC is that it’s not a cryptocurrency so it doesn’t have to be related to anything that caters to the crypto world. Digital currency will be regulated by a central authority or bank. Freedom Convoy in Ottawa on Feb 14, 2022, bank accounts were shut down.
Is CBDC a digital currency?
For those, who are unaware of the crypto or blockchain world, the fad CBDC is Central Bank Digital Currency, which is a government-issued digital currency and is backed by the central bank of the concerned nation.
Can you buy CBDC currency?
Retail CBDCs are issued to the general public. Under this model, consumers are able to own a CBDC in a wallet or account and use it for payments.
Will CBDC replace cash?
CBDC is sometimes thought of as equivalent to a digital banknote, although in some respects it may have as much in common with a bank deposit. Any UK CBDC would work alongside – not replace – cash and bank deposits. We will continue to provide cash for as long as the public still want it.
Is CBDC backed by a country’s central bank?
A CBDC would support systems already established by private financial institutions by issuing a digital fiat currency that has the full backing of a central bank. In most countries, the only type of central bank money available to the public are physical bank notes.
What blockchain will CBDC use?
Ethereum in particular is the most production-ready blockchain to support CBDC requirements in terms of scalability and privacy.
Toronto home sales plunge 41% in April as higher rates take hold
Since, 2020 at the time of the pandemic, we have seen an increase of housing prices by 50% or more, and the crazy multiple offers that followed suit. People were purchasing houses without taking advantage of a cooling-off period and home inspections. To me, I felt as if the world of real estate was going insane. I didn’t believe that there was a shortage of housing, I believe that it was all manipulation to keep the real estate industry moving along. Real Estate was basically the only industry that was in a growth mode since 2020.
This is my opinion, after being in the industry and business owner, since 1982, When I purchased my first home in 1988, I was in bidding wars for more than 21/2 years, but at that time I didn’t even know what that was or meant. I did manage to purchase a house without having to get into a foolish bidding war. I purchased it before it was even listed. That was my introduction into the world of real estate. Maria Rekrut
The latest data from the Toronto Regional Real Estate Board (TRREB) showed 8,008 properties were sold in the month of April, far below the 13,613 transactions that occurred in the same month last year. It represents a 41.2 per cent plunge.
Activity was also sharply lower on a monthly basis, with sales down 27 per cent from March.“Based on the trends observed in the April housing market, it certainly appears that the Bank of Canada is achieving its goal of slowing consumer spending as it fights high inflation,” said Kevin Crigger, president of TRREB, in a release Wednesday.
I’m sure there are great property managers out there!!
Before you chose a property manager, make sure that you can speak to some of the property owners who have used their services. Do your due diligence when hiring anyone for your business. I’ve used 4 property managers over the past 22 years of being in the real estate business, and I wasn’t satisfied with any of them.
The best property manager is you, yourself. No one will care for your home as much as you will. Remember that!!
Along with the move higher in rates, the central bank indicated it will begin reducing asset holdings on its $9 trillion balance sheet. https://cnb.cx/3OXDEwL
What will this new interest rate mean for the economy and homeowners? Will we see more foreclosures, will big companies like BlackRock feed off the single family homes and buy them at rock bottom prices…. very much like the carpetbaggers??
What does carpetbagger mean in history? In the history of the United States, carpetbagger is a largely historical term used by Southerners to describe opportunistic Northerners who came to the Southern states after the American Civil War, between 1865 and 1877, who were perceived to be exploiting the local populace for their own financial, political, and/or social gain.
The modern carpetbaggers are the big corporations and governments.
When the Fed was last this aggressive with rate hikes, it took the funds rate to 6.5% in early 2000, but was forced to retreat just seven months later. With the combination of a recession already underway plus the Sept. 11, 2001 terrorist attacks, the Fed rapidly cut, eventually slashing the funds rate all the way down to 1% by mid-2003, shortly after the Iraq invasion.
Some economists worry the Fed could face the same predicament this time — failing to act on inflation when it was surging, then tightening in the face of slowing growth. GDP fell 1.4% in the first quarter, though it was held back by factors such as rising Covid cases and a slowing inventory build that are expected to ease through the year.
Will Gold and Bitcoin become the New Reserve Currency?
We note that in recent years, some countries that oppose the US dollar as a reserve currency have actively sought alternatives and abandoned the US dollar.Will Gold and Bitcoin become the Reserve Currency for more and more countries?
The USA and Canada have shown their hand that they can seize your assets, and you don’t have any rights to your own property, money or even bank account. This is very Orwellian and if anyone is interested, his book 1949 novel by George Orwell, is a must-read for anyone who is curious to understand and see the parallel of what he wrote about and what is occurring presently.
At present, representative countries including China, Russia, Iran, Venezuela, Nigeria, Indonesia, Malaysia, Angola, Thailand, Kyrgyzstan, Qatar, Pakistan and Vietnam have begun to de-dollarize, or abandoned in crude oil trade. Reduce the use of the petrodollar system; or stop or reduce the use of the dollar in other commodities and financial settlements and switch to other currencies; and three countries also publicly banned the dollar, surprising.
Landlords Losing More Property Rights Every Day, Coming To A City Near You!
These are dangerous times for landlords. We will lose our rights to our own properties.
In the first law of its kind in the U.S., San Francisco passed a right-to-organize ordinance in March, requiring large corporate landlords to recognize tenant associations on their properties, attend at least four tenant meetings a year and bargain with tenant unions “in good faith.”
If landlords fail to comply with the ordinance, renters can apply for a rent reduction as a penalty.
The ordinance stemmed from a dispute between Veritas Investments, the largest landlord in the city, and the Veritas Tenants’ Association, created in response to ongoing rent disputes and claims of tenant harassment.
Is this what our future holds in store for all mankind. Pay attention to what the WEF is proposing!! Maria Rekrut
As part of their ESG metrics and international dietary framework, the United Nations recommends that red meat consumption be reduced to 14 grams (one bite) per day per person in the name of sustainability and ‘saving the world.’
CBDC – Danger Coming to a Country Near You! Don’t let the governments fool you into believing that the CBDC is for your own good!
Read below the two articles I’ve included about Pierre Poilievre, from Canada, banning Trudeau’s central bank digital currency, and Seventy-three million Nigerians have had their phones blocked from making calls as punishment for not registering their phones. This is coming to a country, province, state near you!
You, as an individual, don’t want to have CBDC – Central Bank Digital Currency. With CBDC the govt will be able to track down how and where you spend your money, and they can turn off your money flow at any time. That’s not a good thing, for anyone’s sovereign right to control their own money or their freedom for sure!!
For me, this is a sign of going back to Feudalism, where the king or landowner had control over you, your money and your property rights.
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