Friday, May 26, 2017

Irony - Crooks take over crooks

Reference

When you are a crook you can't find good help.  So, all the absentee, money-laundering, sealed condo people aren't around to check if the condo corp is legit.  So these types of people move in for all the condos.  The coming crash will shake this out, perhaps.

Thursday, May 25, 2017

Linux 4.12

I've just loaded rc2.  I always try the latest versions, but I always wait until rc2.  I've noticed the fastest boot time yet to first keystroke.  Almost Chromebook level.  Try that with the latest win and latest laptop.  OMG!  It's painful.  I'm about to prep up the cottage laptop, and I'll see how this works.

ps. the old Acer laptop works great, but you have to go with 'make localmodconfig' if you want it to compile in this century.  :)

Wednesday, May 24, 2017

Toronto Housing -- The Listing Panic is Here

Reference

I saw this happening in the middle of November, when the bottom fell out of the extremely frothy Unionville market.  Then we went through our 6 months of a listing strike.  Now we come to the fact that most people can't hold out any more.  Walk away from your deposits, people.  Don't be caught holding lots of houses.

Everybody and their dog in Toronto has two houses, one they are holding on to, and the other being built and just coming on-stream.  All those giant condo buildings going up in the middle of nowhere have deposits.  For 10 years or more, it was the key to riches.  Everybody in those outer tract lands played the game of buying early in a new subdivision and then selling the old one for a big profit.

Now these people must dump.  The prices will be determined by the most desperate.  A divorce?  Death, whatever.  All the banks have designed this boom expecting a 20% drop.  Ha!  These things are never what you expect.  We have binomial theorem working here, and it isn't kind.

“It’s fear,” Century 21’s Evans said. “It’s another contributing factor to the fear of ‘what’s going to happen?”’