The second these things learn to flip houses and fill out mortgage applications, πŸ‡¨πŸ‡¦'s economy is toast.
Get results with Skynet’s #1 Realtor.*

*1% in volume for sales in District 9 when representing transnational money launderers washing local politician bribes. Image
[The year is 2050]

Announcer: Don’t miss a very special episode of CBC Marketplace, where our robots go undercover and take a look at πŸ‡¨πŸ‡¦β€™s mortgage industry.

#ToRe #VanRe Image
Yes, I realize @cbcmarketplace is 50 years old this year, and it won’t be a 50th anniversary in 2050…

…but the time allotted for this joke was limited to the line at Starbucks.
anyone want to raise $100m with me to start building these things? I got some time post-BD. πŸ˜‚

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More from @StephenPunwasi

Nov 5
The West has no clue how far it fell behind.

For example, how long does it take to build a train station?

πŸ‡¨πŸ‡³: 9 hours
πŸ‡¨πŸ‡¦: 7 years snd counting, and no sign of a station exists.

<thread> πŸ§΅πŸ‘‡ twitter.com/i/web/status/1…
2. How long does it take to sink a train station underground?

In πŸ‡¨πŸ‡¦ or the πŸ‡ΊπŸ‡Έ? Probably at least a decade.

In πŸ‡―πŸ‡΅? About 3 hours.
3. How about that construction site by your home that’s been blowing dust around for years?

How long does it actually take to assemble a 10 story tower?

In the West? About 2 years after approvals.

In China? A day.
Read 8 tweets
Nov 4
Elon Musk, the world’s richest man, doesn’t know how to make money.
β€” half of twitter
2/ important lessons

1. Profits = revenue minus costs. If costs fall faster than revenue, profits can increase

2. The new owners (more than Musk), generated trillions in value. Who knows, but I wouldn’t bet against them.
3. The lack of empathy on social for fired employees will be normal in the Fourth Industrial Revolution.

Many are screwed at their workplace & resent people with a great degree of freedom, like Twitter had.

They’ll use the worst examples to justify why it shouldn’t exist.
Read 4 tweets
Nov 2
Want a future in πŸ‡¨πŸ‡¦ or to be able to have your kids grow up here?

Consider joining or donating to @TI_Canada. Seriously, their work is some of the most high impact in driving ethical governance.

Let’s talk about what they did for housing.

πŸ§΅πŸ‘‡

transparencycanada.ca/become-a-member
2/ πŸ‡¨πŸ‡¦ is now in a frenzy about beneficial ownership. No one knows who owns anything.

We’ve got drug dealers, dictators, oligarchs, foreign militaries, you name it β€” all stashing their cash into housing, knowing πŸ‡¨πŸ‡¦ won’t be able to seize it.

πŸ‡¨πŸ‡¦ has always known this.
3/ in fact, πŸ‡¨πŸ‡¦ arguably put up road blocks to ensure you wouldn’t figure it out.

Property registries are prohibitively expensive to access.

How are you supposed to analyze the size of a problem if you can’t access the data?

Obvs, it’s just a rumor or you’d have data!
Read 6 tweets
Oct 19
Toronto Ward 8 residents are asking if I would support a push for an Eglinton LRT inquiry.

Metrolinx said the construction consortium was responsible for delays, but ordered to pay $237m for delays.

Not only do I support an inquiry β€” contracts will be milestone based. 1/3
2/ Metrolinx blamed the construction consortium (SNC, ACS-Dragados, Aecon, and EllisDon) for the delays, claiming they didn't hit their milestones.

Busineses impacted, 100 closed before 2020, got nothing.

Contractors are rewarded for delays & businesses are penalized.
3/ This project should have been iteratively executed. Built section by section, to minimize disruption β€” instead of all at once.

We need to shift large public works projects to milestone-based payment, or businesses & taxpayers will be stuck paying inflated bills.
Read 5 tweets
Oct 18
Hey Toronto πŸ‘‹

What will we do with extra lawn signs? Plastic-eating mushrooms that break them down in weeks instead of 200+ years, obvs.

Vote for πŸ‡¨πŸ‡¦'s first municipal climate innovation lab to explore city solutions like this.

#LetsFixIt #topoli

tiktok.com/@stephenpunwas…
2/ I just want to live in an affordable, innovative, efficient, equitable, and corruption-free city. Don't you, Toronto?

If so, tell your friends & vote. Grab a sign & get the word out.

One of the lowest voter turnout rates ever is projected. It may never be easier.
3/ if you haven’t already, check out our climate plan

- pilots of sidewalks and roads made of organic-based solutions that are similar & inexpensive compared to existing solutions

- solar road pilots

- cost effect electrification of transit

stephenpunwasi.com/campaign/platf…
Read 4 tweets
Oct 17
Hey Toronto πŸ‘‹

Let’s start a city-owned housing company.

Instead of selling off land for cheap to developers, we can develop it ourselves & create rent stabilized apartments. πŸ₯³

#LetsFixIt #topoli #ToRe

tiktok.com/@stephenpunwas…
2/ Under this mayor, Toronto literally sold public land for a toonie.

Building β€œaffordable” housing is quite profitable if you’re paying less than the price of a soda for land.

Why isn’t the city running these rentals?

#topoli #toronto

toronto.ca/legdocs/mmis/2…
3/ Let’s build medium density, mixed use rental buildings.

We can use the revenues from the commercial component to subsidize low income units in the building.

The current system of housing financialization and monetary policy is breaking how cities work. #LetsFixIt
Read 4 tweets

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