Raising rates will lower prices to some extent. So it should help somewhat. The issue is that's it's a very very blunt instrument. It just happens to be one of the only tools the BoC has to use. Ideally the feds would have stepped in at some poi t in the last 15 years to stop this madness...

I mean yeah. Once other "financial assets" become more attractive (bonds at 5.5%?) maybe less parasitical activity will happen in the housing market. The whole thing started going off the rails when rates dropped to essentially nothing.

If you think current home owners have it bad, imagine anyone trying to get in the market now. Not only are mortgages 3X the price, but the houses are 2X the price they were before. The entire thing is completely unsustainable, and yet the Feds have done fuck all. Well no, actually they have made it worse every single step of the way (see the first time home buyers savings account for the latest idiotic idea).

It's at the point where it's clear no single measure will solve this issue. What is absolutely infuriating is that NOTHING is being done. Actually scratch that, they are actively making things worse with crap like the "First Home Savings Account".

Just keep kicking the can down the road until there's literally no other option...

I would argue we also don't want to be in a place where we rely on any one individual. Thankfully @ernest seems to understand that as well.

We must go lower!

Not a great look for Shopify IMO.
Why would you want to facilitate tax evasion?

You have to make wayyyyy too many assumptions for this to be a useful comparison.

There's a lot of people who live in places with electricity generated mostly or entirely through renewables for instance.

Strong disagree. The biggest part of Reddit is the comments. If you want more comments you need more people. If you want more people you need enough content to keep them engaged.

I'm 100% for posting links from Reddit over here to drive engagement.

Do we know if there have been any releases since the influx of users? Or are they just focusing on backend stuff still?

There's still a lot of long hanging fruit *COUGHcollapsingthreads that would be great to have addressed sooner rather than later.

I hate everything about this. I came here to escape the Corporations damnit!

I barely know what this guy is up to these days. It's such a departure from the last guy. I love it.