They keep digging a deeper hole for themselves it's almost comical. It's tone deaf and insincere.
Madison's allegations aside, I think Linus and his company has grown too big and too out of touch. Should have taken the 100m and retire...
LTT has lived long enough and grown large enough to see themselves being the villain. I suppose fame and wealth can corrupt a person easily, the arrogance in the response from Linus is disappointing.
LTT hasn't been a serious or informative tech channel for years, you don't watch their video for information but for entertainment. They try to right the course by creating the Lab team but miss the point when they don't change their mindset.
It's like Top Gear vs Fifth Gear back in the days. You don't buy a new car base on the reviews on Top Gear, likewise if I want useful consumer advice, LTT is the last place I look.
Corporate investors can't wait for you to default on your mortgage! They can scoop up all these discounted properties and rent it back to you.
The inflation is fueled by short supply rather than excess demand.
I'm no economist but if our current supplies cannot even meet the baseline demand, rising rate does little to nothing but hurt the average Canadian.
The average Canadian already have nothing left to "cut" on their spending, people gotta eat and shelter. This is the baseline demand. Unless the goal is to make people homeless and starve, without increasing supply and invest in productive investments, the inflation will not end.
I agree but it can be difficult to enforce... Just registered the property to a shell company, your spouse, children, etc.