Me (2016): Corrupt politicians from China are washing their money in Vancouver, in one of the biggest grafts in history.
YIMBYS: RACIST! That's a lie!
China (2017): Canada. Turn over our fucking criminals.
3.
Me (2017): We built one of the most elaborate capital tracking systems, more complicated than the gov. Money laundering is rampant in Vancouver. This is how it comes in, right down to the gang.
YIMBYS: Fake news!
BC gov (2018): Stephen's right, down to the gang and origin.
4.
Me (2017): I call it the "vacant home epidemic." Bond yields have been crushed, so investors have begun buying homes around the world. We confirmed using electricity data.
YIMBYS: that's a conspiracy!
๐จ๐ฆ๐จ๐ณ๐บ๐ธ๐ซ๐ท๐ฌ๐ง๐ธ๐ฌ๐ฐ๐ท๐ฒ๐พ๐ณ๐ฟ๐ฆ๐บ๐ฎ๐ณ: Fuck, Stephen is right. Millions of them.
5.
Me (2018): Canadian banks are helping foreign capital smuggle in money, and obfuscating the origin. They literally have no idea who's money they're bringing in, and don't want to.
YIMBYs: Lies! Racist Lies!
Transparency International: Shit, it's literally in court cases.
6.
Me (2018): Foreign money has been flowing into Canada, and they have no idea how much is. Tax free. "Low income" families own the most expensive houses in the city.
YIMBYS: Jealous lies!
CRA (2019): We will be sharing data income data with the Chinese government.
7.
Me (2017): Credit is responsible for higher home prices. Money launderers play a role in pushing them up, but extending money to households gives them debt to buy the launderer's home.
YIMBYS: Misinformation!
BoC (2021): It appears credit drives home prices higher.
8.
Me (2019): Bad monetary policy is a major driver of inequality. The BoC's mortgage bond program is a gateway drug into a special kind of hell.
YIMBYS: Lies! Misinformation.
BoC (2021): QE causes inequality. We're investigating the extent to which it has caused the issue.
9.
Me (2019): So much supply. Had nothing to do with population growth.
YIMBYS: Lies! Misinformation!
*pandemic crushes population growth. 28 homes per person get built, prices still soar*
BMO (2021): It's really not supply. We got that. Taper demand, it's credit. ๐คทโโ๏ธ
10. Prob worth mentioning every single party running in this election confirmed all of those points.
Maybe every institution that agrees with me is wrong, and guys randomly tweeting about me at the same time, and donโt disclose theyโre paid by developers, are right? ๐คทโโ๏ธ
FYI: Iโm not against building more housing. Go nuts. Always going to need more housing.
I just really hate bad math. ๐
โข โข โข
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