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~* Make America Great Depression Again -- Official Thread of Corona Virus infected markets *~


Jason

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  • 3 weeks later...
6 minutes ago, b_m_b_m_b_m said:

Isn't something like the vast majority of day trading in new york algorithm based? It 100% tracks that it just seems stupid because it's computer based

180206114506-computerized-wall-street-tr
MONEY.CNN.COM

Computerized program trading is behind the massive point swings in the market recently.

 

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  • 3 weeks later...
2778f8c8a472504623faac8b3dad67bd.jpg
THINKPOL.CA

It’s about to get a lot more expensive to stay at short-term rentals in Canada as Ottawa announced a new tax on Airbnb and other short-term accommodation plat

 

lol nice. AirBnB is ruining metro condo markets and gets around so many regulations that hotels need to follow.

 

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9 minutes ago, CitizenVectron said:
2778f8c8a472504623faac8b3dad67bd.jpg
THINKPOL.CA

It’s about to get a lot more expensive to stay at short-term rentals in Canada as Ottawa announced a new tax on Airbnb and other short-term accommodation plat

 

lol nice. AirBnB is ruining metro condo markets and gets around so many regulations that hotels need to follow.

 

Well deserved considering they have been doing a poor job of cracking down on properties rented out for house parties. 

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23 minutes ago, CitizenVectron said:
2778f8c8a472504623faac8b3dad67bd.jpg
THINKPOL.CA

It’s about to get a lot more expensive to stay at short-term rentals in Canada as Ottawa announced a new tax on Airbnb and other short-term accommodation plat

 

lol nice. AirBnB is ruining metro condo markets and gets around so many regulations that hotels need to follow.

 

 

AirBnB is not the root cause of housing shortages. If cities would actually permit enough housing to be built it AirBnB wouldn't have a measurable effect.

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Just now, Jason said:

 

AirBnB is not the root cause of housing shortages. If cities would actually permit enough housing to be built it AirBnB wouldn't have a measurable effect.

 

That's true to an extent, but in very dense, highly desirable areas (such as Vancouver and Toronto, the main areas in Canada with AirBnB issues), a huge amount (tens of thousands) of condos are just investment vehicles used with AirBnB which has driven up costs.

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17 minutes ago, Spork3245 said:

All this gutted bill will do is stop real relief from happening under Biden. “We passed a bill in December and there’s a vaccine now! No need to give more hand outs to citizens!”. Change my mind.

 

And they're caving on the employer liability shield as their opening offer.

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26 minutes ago, Spork3245 said:

All this gutted bill will do is stop real relief from happening under Biden. “We passed a bill in December and there’s a vaccine now! No need to give more hand outs to citizens!”. Change my mind.

 

But if they don't pass it now, the GOP will use that against them. "Our Democratic friends in the House refuse to give aid to Americans!"

 

Of course, this is actually preferable in a functional democracy since you can counter-argue...but the Democrats are basically run by people afraid of what the GOP might say about them.

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30 minutes ago, CitizenVectron said:

 

But if they don't pass it now, the GOP will use that against them. "Our Democratic friends in the House refuse to give aid to Americans!"

 

Of course, this is actually preferable in a functional democracy since you can counter-argue...but the Democrats are basically run by people afraid of what the GOP might say about them.


They’re already saying that, though, and, that’s despite McConnell sitting on the passed House bill for months before even attempting a gutted version. IMO, the Dems would be best off waiting a few weeks to see what happens in the GA runoff before putting through some compromised BS.

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