Ron Butler @ronmortgageguy Twitter profile

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Ron Butler

@ronmortgageguy

1 month

Everyone In Canada Should Watch This Video: Why Virtually Every Grant From All Levels Of Government To Business Is A Scam Or In This Case Graft Your Tax Dollars The Video is an incredibly damning indictment of Graft, Corruption & by all appearances a BC Government cover up 2/

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Ron Butler

@ronmortgageguy

1 month

One True Thing: Young Canadians Want To Own Their Own Homes Not as an investment Not to flip Not as a source of leverage Just to live in & raise a family And if they see that idea as hopeless they will be pissed off & no one should wonder why they're mad Let's be clear 2/

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Ron Butler

@ronmortgageguy

2 months

The Craziest Thing In My Life: Canada's Change To Hating Resource Extraction As kid in school 55 years ago I was taught how lucky I was to live in a country with vast natural resources that would make Canada wealthy Now it looks like we are supposed to try to avoid it 2/

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Ron Butler

@ronmortgageguy

4 months

The US Wants To Ban Big Corporations Owning Single Family Homes: SO SHOULD CANADA There is a bill before the US Senate to ban all large Corporations from buying single family homes but it gets BETTER: the bill requires these companies to SELL all they have already bought 2/

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Ron Butler

@ronmortgageguy

2 months

Let's Talk About CRA: There's Something Seriously WRONG With This Organization Bear in mind I am NOT an anonymous account. If they read this, they may come after me But I am 66 & don't give a fck anymore CRA is mistreating tax payers DAILY let's catalog the main abuses 2/

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Ron Butler

@ronmortgageguy

11 months

Canada GROWS To 40 Million People And Housing Starts DROP 23% You can't make this shit up, it's completely nuts Our Federal Government which is solely in charge of immigration has been simultaneously telling us for 8 years they're committed to solving the Housing Crisis 2/

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Ron Butler

@ronmortgageguy

5 months

"There Is No Plan" To Build 3.5M New Homes Says CMHC President Bowers The outgoing boss of Canada's essential Housing Corp honestly states that the Federal Government's pledge of 3.5M new homes built to solve Canada's Housing Crisis is fiction, a false promise, a lie really 2/

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Ron Butler

@ronmortgageguy

3 months

2 Guys Steal $400M From All Of Us Taxpayers: They Knew How To Do It Because One WORKED For The Department Of Defense Turns out one of the Arrive-Scam guys works for the Department of Defense so he had a front row seat to the art of ripping off Government with crap contracts 2/

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Ron Butler

@ronmortgageguy

7 months

Airbnb May Be In Big Trouble: About DAMN TIME I have raised hell with Short Term Rentals for years for simple reasons: 90% of the time they are just illegal hotel rooms They ABSOLUTELY reduce the numbers of vital Long Term Rentals which Canada so desperately needs now 2/

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Ron Butler

@ronmortgageguy

6 months

BOOM!! Federal Government Moves Against Airbnb!! I rarely post on Sunday but this is news The Federal Government will attack Short Term Rental through CRA @TorontoStar broke the story this morning I knew the Feds were planning something since @cafreeland focused on it 2/

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Ron Butler

@ronmortgageguy

10 months

Is The Canadian Government Trapped By High House Prices? Yep 100% Trapped House prices in Ontario and BC are Batshit Crazy, Rents are unmanageable, new home starts are LOWER every month and mortgage rates have risen 300% in 15 months Did I mention MASSIVE immigration? 2/

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Ron Butler

@ronmortgageguy

9 months

So Many People In Toronto Desperately Need Help So Many Individual Life & Death Problems To Solve For The Unhoused $8.6M to change a name And 95% of the people in Toronto have no idea who this person was or what he did It's just AN Effing meaningless name

Ontario Proud

@ontarioisproud

9 months

#REPORT : Olivia Chow is backing the $8.6 million plan to rename Toronto's Dundas Street.

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Ron Butler

@ronmortgageguy

2 months

This Video Is Ridiculously FALSE I Believe The Housing Minister is an intelligent, well intentioned person Virtually every word is false with the possible exception of "and" & "the" The falsehoods: 1) Millions of Renters want to buy homes..... except they're unaffordable 2/

Sean Fraser

@SeanFraserMP

2 months

If you pay your rent on time, that should count for something. We're going to make it easier to use your rental history to qualify for a mortgage so you can buy a home.

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Ron Butler

@ronmortgageguy

2 months

More Contractors Stealing Our Tax Dollars Through Fake Invoices: Will This Never End? They found 3 more of these crooks grabbed $5M of our tax money Oh, and they are actively investigating ANOTHER 10 or so incidents of fraud with Contractors WTF is going on in Ottawa? 2/

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Ron Butler

@ronmortgageguy

1 month

BREAKING: Federal Government Announces Crackdown On Mortgage Document Fraud: GREAT NEWS The Feds have announced they will work with Mortgage Lenders to have Linkage to CRA Thanks go to @SeanFraserMP I am a big housing critic so when something good happens need to say it

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Ron Butler

@ronmortgageguy

4 months

Young People Are Leaving Canada: Can Their Be Any Bigger Indictment Of Our Policies? I spoke to a young woman in her 20's this week & it was kinda heartbreaking She's well educated, has a good job she is striving to get better at & believes she had no economic prospects 2/

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Ron Butler

@ronmortgageguy

1 year

Our Cat Passed Away Today She was a very fine cat Gentle, very affectionate, dignified and never aggressive towards anyone, bit timid actually She was 20 years old, which is VERY old for a little 10 lb cat

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Ron Butler

@ronmortgageguy

10 months

I Avoid Personal Attacks On Politicians But I Will Make An Exception In This Case: WTF Is WRONG With You!! There will be FEWER Housing Starts in Canada this year than 2022 and there were FEWER Housing Starts in 2022 than 2021 Irrefutable FACTS You can hate on Poilievre 2/

Ahmed Hussen

@HonAhmedHussen

10 months

Now is the time for solutions, not political theatre. While Pierre Poilievre & the Conservatives are focused on cuts & far-right rhetoric,we are focused on one thing: bringing everyone to the table to get the affordable homes Canadians need, built now.

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Ron Butler

@ronmortgageguy

4 months

What The Hell Is Going On At The Bank Of Canada: $30B Just Went Where? The Bank of Canada has just provided the "Financial System" $30B but where did it go? 6 times recently the BoC has sent $5B somewhere They won't tell us, they are allowed to keep it secret 2/

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Ron Butler

@ronmortgageguy

4 months

Canada: The Country Where No Big New Great Project Can EVER Happen Where's the Toronto to Montreal Bulllet Train? Why is Toronto Mass Transit so awful? Why has Peason Airport had 2 complete makeovers in 35 years & it's still crap Why can't we build ANY great big project? 2/

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Ron Butler

@ronmortgageguy

1 year

Are Canadians In Their 30's Angry About Housing? YES They Are! And politicians are starting to notice Simple concept: A generation who finds it impossible to own a home because prices are Batshit Crazy Home prices 8, 9 or 10 times average family income prices don't work 2/

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Ron Butler

@ronmortgageguy

10 months

Tomorrow The Bank Of Canada Decides To Increase 25 BPS Or Not 80% chance the rate goes up: what will that mean? For a several thousand people in Canada it will be the last straw, they will sell their properties Likely 65% of the sales will be Rentals Because it's hopeless 2/

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Ron Butler

@ronmortgageguy

5 months

Help Me Understand This Amazon goes through Effing ENORMOUS amounts of Cardboard which is recyclable every hour in Canada But Brown Paper bags (also recyclable) are not available in most Grocery Stores in Canada because "Save Trees" But Cardboard is Trees?

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Ron Butler

@ronmortgageguy

6 months

Ron Goes To Parliament! Hard To Believe! PART 1 Amazingly thing: not one swear word! I was asked to present to the Finance Committee's investigation into house prices & rents in Canada I've been very interested in politics & government my whole life, this was a real honor 2/

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Ron Butler

@ronmortgageguy

7 months

A Thanksgiving To Remember Here's what Canadians need to be thankful for: peace in our country It's been over 200 years since an army invaded Canada No airborne bomb, rocket or missile has ever landed here Be Thankful, be Grateful and try to help countries less fortunate

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Ron Butler

@ronmortgageguy

2 months

$9.8B Deficit In Ontario: Does Anybody Actually Care? The Awful Truth Is: Not Really But we SHOULD care because when no one gives a damn about Deficits we're training Government it's fine to disintegrate money Ontario is the biggest Non Sovereign Debtor ON EARTH Say What? 2/

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Ron Butler

@ronmortgageguy

2 months

Contract-SCAM? Why Are Canadian Government Workers Using Companies To Contract With Government? There are laws against this. Why are Government employees forming small companies to arrange for themselves & others to bill our Government for dubious work? WTF is going on? 2/

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Ron Butler

@ronmortgageguy

2 months

Sometimes Elitist Hypocrital Old Bastards Get Their Asses Handed To Them Rich western countries have been polluting the word for centuries & its disgusting to watch self-righteous dipshits lecture developing countries on Environment when those countries extract needed resources

Ranga.🇿🇼

@RangaMberi

2 months

“Let me stop you right there…” Caribbean nation Guyana is booming after discovering oil. BBC’s Stephen Sackur puts it to President @presidentaligy ; lobbyists say oil is bad for the climate. Dude wasn’t having it. Mans was ready!

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Ron Butler

@ronmortgageguy

10 months

Trudeau: "Housing Isn't A Primary Federal Responsibility" Oh Jeez, that one blew up big Conservatives knocked out ads in about 5 hours giving a montage of Trudeau campaign promises about fixing housing Social Media went wild Naturally it's a poor choice of words 2/

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Ron Butler

@ronmortgageguy

3 months

Arrive-SCAM Is A Symptom Of A Terrible Disease: No Government Really Cares About Spending $60M pissed away on something that was budgeted for $2.3M. Some Consultants lined their pockets big time & likely some secrets bribes happened But $60M is small change for Government 2/

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Ron Butler

@ronmortgageguy

3 months

Justin Trudeau blames Stephen Harper For Auto Thefts? Harper Has Been Gone 8 Years Auto Thefts Increased 300% in the GTA in the last 5 years but it's Harper's fault? The thing that makes average people angry is political games 2/ via @torontostar

Justin Trudeau blames Stephen Harper cuts for auto theft issue, as Ottawa moves to ban high-tech...

The federal government said it would pursue all avenues to ban the devices and opened the possibility to harsher criminal penalties for car thieves.

www.thestar.com

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Ron Butler

@ronmortgageguy

2 months

How Did Real Estate Get So Screwed Up In Canada? Because It's Really Screwed Up House Prices Are Batshit Crazy, Immigration is at its highest levels in decades, we will build FEWER homes to buy this year than previous years & Mortgage Rates remain at 20 year highs Disaster 2/

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Ron Butler

@ronmortgageguy

11 months

Canada's 2 Big Problems A Housing Crisis And Falling Individual GDP: If You're Feeling Poorer You're RIGHT! The problem of Batshit Crazy House Prices and soaring rents in many regions is well understood Less understood is that Canadians are growing collectively poorer 2/

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Ron Butler

@ronmortgageguy

1 year

Never Thought I Would Ever Get To 35K Followers Grateful to everyone who finds the Posts useful or interesting for clicking the Follow Button And to the 900 or so Folks I Blocked thanks for teaching me there actually is a way to take the stress out of Twitter

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Ron Butler

@ronmortgageguy

1 year

All Levels Of Government Talk About AFFORDABLE Housing But None Of Them Will Ever Say Houses Prices Must Come DOWN If you want to define the Housing Crisis in Canada this sums it up No one in any level of Government can tell the truth: House Prices Are Too High 2/

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Ron Butler

@ronmortgageguy

10 months

That's politics But to BOAST you are doing a great job on Housing is so Fcked Up it's also shitty politics I hope someone in the PMO approved this OpEd because you will sure need to throw a Telford staffer under the bus for OKing this POS Be ashamed Mr. Minister, be ashamed

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Ron Butler

@ronmortgageguy

8 months

Incompetence In Government Has Grown Unbearable - Applauding Nazis in Parliament - Give up transfers of needed Greenbelt because the process was totally corrupt - Eglinton LRT nobody knows if it will ever finish you can't even get an ANSWER - can't count 1M immigrants 2/

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Ron Butler

@ronmortgageguy

20 days

Homes Prices Are Batshit Crazy In Ontario: What's The Provincial Government Solution? INCREASE TAXES ON NEW CONSTRUCTION I know it's absolutely nuts but it's also true Because in Ontario & Canada all governments love tax increases because governments never cut spending 2/

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Ron Butler

@ronmortgageguy

1 month

Is The Recession Already Here In Canada? It Seems Like It Might Be Because it sure as hell feels like it is in Ontario We endlessly read posts about layoffs: the Ford Oakville Assembly Plant just announced: Closed for 2 Years for re-tooling WTF is that? What happened? 2/

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Ron Butler

@ronmortgageguy

5 months

How's The Millions Of Extra Houses Going? Turns Out We're Totally Screwed! Because there were 20% FEWER Housing Starts in 2023 than 2022 & it's FALLING! Oh & Toronto & Vancouver were down 36%+ Did I mention the population of Ontario grew 200K in 3 MONTHS It's just nuts 2/

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Ron Butler

@ronmortgageguy

1 year

The Government is STARTING To Worry About Canadians Paying Their Mortgages The Deputy Bank Governor is now talking about it Is it just me or is anybody else constantly amazed that Government and Regulators are always months or years behind what we seeing and talking about? 2/

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Ron Butler

@ronmortgageguy

23 days

The Worst LIE: Young People Prefer A Lifetime Of Renting Yeah, it's insanity but it keeps popping up lately: lifetime renting could be a "lifestyle choice" Calgary Mayor Jyoti Gondek thought "travel" & "mobility" makes home ownership unnecessary Toronto Star article today 2/

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Ron Butler

@ronmortgageguy

2 years

One Of Canada's Biggest Private Lenders Halts Investor Redemptions In other words: you want your money back you have to wait until we're ready Romspen is one of the BIG providers of non-bank Real Estate Lending in Canada with a loan portfolio over $3B Mainly Commercial 2/

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Ron Butler

@ronmortgageguy

2 months

It will NEVER fcking end Not ONE person has EVER said CRA was polite, respectful & quickly solved whatever the problem was It was always pure torture Oh did I mention when adjusted for population we have 350% more CRA staff than the US tax operation: the IRS It's horrible

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Ron Butler

@ronmortgageguy

8 months

Just How Wild Are Canada's Immigration Numbers? They're Absolutely Nuts Compared To Everywhere Else Let's use Canada's 1M annual rate of legal Immigration (including Temp Workers and Student Visas) That would be 8.7M new people in the USA WTF!! That would cause a revolt 2/

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Ron Butler

@ronmortgageguy

14 days

The Bank Of Mom & Dad: Statistics Canada Makes Amazing Discovery 8 Years Late Statistics Canada has suddenly figured out a great many parents Co-Sign for their Adult Kids when purchasing homes in expensive cities across Canada Surprise Surprise Surprise What insight! 2/

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Ron Butler

@ronmortgageguy

1 month

Is The Canadian Economy Going Bad? Government Reports Say NO But Every Discussion With Ordinary People Says YES GDP Reports don't look awful, we see Jobs Reports that aren't terrible but at every turn I hear bad things IT buddy tells me a big client just went under 2/

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Ron Butler

@ronmortgageguy

2 months

COPS: Just Leave Your Car Keys Where The Thieves Can Find Them: Sounds Insane? But Cops Know The Truth This story has been making the rounds on X Sounds crazy? Make it easier to steal the car so people aren't hurt in Home Invasions But Cops know there's no fix for this 2/

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Ron Butler

@ronmortgageguy

10 months

Canadian Inflation Down To 2.8% In June Good News For Mortgage Rates? Nope Not Today Start by saying Food Inflation is still 9% which is a total disaster for everyone that eats and double for me because I am obviously a guy who eats Average working people are screwed 2/

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Ron Butler

@ronmortgageguy

2 months

BREAKING: Bank of Canada Announcement NO RATE CHANGE Yeah, I know the announcement is tomorrow but I wanted to save people the wasted electrons spent on analysis & predictions Because it is an utter waste of time No change is ridiculously obvious but discussion is endless 2/

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Ron Butler

@ronmortgageguy

10 months

25 BPS Increase From Bank Of Canada: Tiff Macklem Fulfills Expectations: What's Next? Commercial Bank Prime moves to 7.20% In Mortgage World all Variable Rate Mortgages move into the 6% Range and HELOCS reach 7.70% for most bank borrowers That rate was 2.95% not long ago 2/

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Ron Butler

@ronmortgageguy

8 months

We Have Become Ridiculous At Building Things In 1929 the land for the Empire State Building was acquired, plans and permits were finished and construction was complete in 1931 25.5 months ALL IN: Land purchased to doors open It would take 8 or 9 years for an APPROVAL today 2/

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Ron Butler

@ronmortgageguy

7 months

Winter Is Coming For Canadian Real Estate NOT Everywhere: Calgary set a sales record last month But in BC & Ontario things are looking bleak The simple answer is High Mortgage Rates & Batshit Crazy House Prices don't go together Real Estate is headed down 2/

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Ron Butler

@ronmortgageguy

5 months

Should We Ban Huge Companies From Owning Individual Homes? YES We Should They are trying to that in the USA A bill has been introduced to prevent Hedge Funds & similar organizations from buying up massive numbers of individual homes This is NOT about Multi-family Rentals 2/

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Ron Butler

@ronmortgageguy

8 months

Trudeau's Big Housing Announcement = NOTHING Let's break it down: the Liberal caucus is in London ON for a "Retreat" the Liberals are experiencing their worst poll results in 9 years and are in deep trouble about Housing So a "Major Announcement" on Housing happens 2/

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Ron Butler

@ronmortgageguy

2 months

Does The Federal Government SUPPORT Ongoing Mortgage Document Fraud? Because when something is so researched, so thoroughly studied, so well known so completely fcking OBVIOUS & the Government does NOTHING the only logical answer is they're good with it It's been years 2/

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Ron Butler

@ronmortgageguy

4 months

Property Taxes Go Nuts Across Canada: Cities & Towns Can NEVER Reduce Spending Mayor Chow announces a 10.5% Property Tax increase & unless her attempt to Blackmail the Feds into a $250M payment works she says she will need to bump the increase to 16% Even in low tax Alberta 2/

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Ron Butler

@ronmortgageguy

6 months

Crappy Canadian GDP Report: Economy Shrinking What's it mean for the future? First of all: no more BoC rate increases which was pretty damn certain before but now that's stamped & filed away Very interesting that the US Economy grew 5% last quarter Not Canada 2/

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Ron Butler

@ronmortgageguy

30 days

This Is Something No One Would Have Guessed!! Seriously Nobody Saw This Coming: Federal Government Budget 2024 - TAX & SPEND Nope, this one took me completely by surprise & I pretty much think none of us expected this to happen Tax The Rich..... Same old story over & over

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Ron Butler

@ronmortgageguy

1 year

I Really Don't Care Which Party or Which Leader But We ALL Have To Care About Chinese Government Interference In Canada @scoopercooper is the hero journalist we need another 10 of in Canada He's the leader on the Foreign Influence file in Canada

Sam Cooper

@scoopercooper

1 year

#Breaking : My investigation for Global News identifies that PM Justin Trudeau's senior aides were allegedly briefed by CSIS shortly before the October 2019 federal election, that candidate Han Dong, was suspected to be involved in PRC Foreign Interference.

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Ron Butler

@ronmortgageguy

4 months

60K Followers: Thanks!! I had absolutely no idea when I started taking a bigger interest in this app a few years ago that so many people (and a bunch of bots) would have any interest in my stuff A big THANK YOU for finding my foolishness good enough for a follow!!

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Ron Butler

@ronmortgageguy

1 month

BREAKING: No Rate Change At Bank Of Canada Yeah, I know it's really tomorrow but it's just so ridiculously obvious let's get it over with: No change in rates followed by a ton of comments & blather But starting with the June 5th Rate Announcement things get interesting 2/

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Ron Butler

@ronmortgageguy

24 days

The Truth About Halal Mortgages: It's Not What You Think The Federal Government said they would study a framework to have Halal Mortgages become a mainstream offering of Financial Institutions: should we worry? No, we shouldn't because it has no impact on Non-Muslims 2/

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Ron Butler

@ronmortgageguy

6 months

WTF is "The Canada Mortgage Charter"? Mainly Nonsense @cafreeland sang the praises of this Mortgage Charter yesterday Like most of the announcements, it is just old news repackaged for added political theater Let's break down what it is & some of it is wildly contradictory 2/

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Ron Butler

@ronmortgageguy

2 months

First-Time Home Buyer Incentive CANCELLED: Guess Gray & His Mom Knew It Was A Crap Program This program was quietly shut down Friday with a tiny note on the CMHC website $40M or $50M lit on fire for set up & implementation CMHC did NOT WANT TO DO IT They knew it was crap 2/

Justin Trudeau

@JustinTrudeau

5 years

A stronger First-Time Home Buyer Incentive will help even more families buy their first home - so little ones like Gray can have a safe and comfortable place to grow up. #ChooseForward for you and your family.

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Ron Butler

@ronmortgageguy

10 months

Don't Expect Government People Who Love Owning Real Estate To Care About People Who Don't Have Any In a wild move this week the newly appointed Governor of the Reserve Bank of Australia Michele Bullock was discovered to have a $6M rental property portfolio WTF!! 2/

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Ron Butler

@ronmortgageguy

16 days

The One Thing No Politician Can Ever Say: House Prices MUST Come Down Because that's the only rational solution to the Canadian disaster we exist in Naturally it is never said: it would mean the end of that Politician Boomers are still the most important voting block 2/

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Ron Butler

@ronmortgageguy

1 year

This Is A Very Direct, Very Serious Accusation Han Dong has denied it emphatically Sam has 2 separate sources in our Security Services, who say it's true As a country, we MUST get to the bottom of this Clear Mr. Dong's name or prosecute him But something MUST be done

Sam Cooper

@scoopercooper

1 year

BREAKING: Liberal MP Han Dong secretly advised Chinese diplomat in 2021 to delay freeing Two Michaels: sources |

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Ron Butler

@ronmortgageguy

7 months

Bank Of Canada Announcement Tomorrow: What Will Happen? Nothing will happen: there will be no BoC Rate Increase this time around Why? Not because the Inflation Report showed a slight reduction Because the Canadian economy has started to falter And that's the point 2/

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Ron Butler

@ronmortgageguy

4 months

You might say they should just move to Manitoba or Saskatchewan but with perfect respect for those provinces: if you feel you driven to leave home anyway isn't Costa Rica warmer? What an epic failure of our political leadership People in their 20's giving up on Canada

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Ron Butler

@ronmortgageguy

3 months

600% Tax Increase In 10 Years For New Construction: Why Are We Wondering Why House Prices Are Batshit Crazy? In 10 years the City of Toronto has increased all the Fees, Taxes & Levies on New Builds 600% Sounds impossible? No in 2021 John Tory increased 49% in one go 2/

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Ron Butler

@ronmortgageguy

8 months

Mortgage Renewal Hell Starts In Canada This November Don't get me wrong everyone in this country has been seeing huge increases when their bank's Renewal Notices appeared for the last 12 months Starting next week as November Renewal notices start to go out, it's even worse 2/

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Ron Butler

@ronmortgageguy

4 months

Bank Of Canada Announcement: NO CHANGE Govenor Tiff Maclem stands pat on the Banks Overnight Rate Except it 8:15 AM & the official announcement isn't till 10:00 AM But it's not important because everyone knows this one The Canadian economy is headed for the crapper 2/

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Ron Butler

@ronmortgageguy

8 months

5 - Yr Canada Bond Yields Break Through To 4.32 I may need to start Day Drinking if this keeps up There's a moment where you can see all the future harm coming to people renewing their mortgage soon Fcking Brutal

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Ron Butler

@ronmortgageguy

8 days

Big Mortgage Broker Suspended By Provincial Regulator: Bill Handsaeme Ran A Huge Mortgage Brokerage In London Ontario Full blown Mortgage Fraud caught by a FSRA the Ontario Mortgage Broker Regulator The Regulator is getting very serious about document fraud Good News 2/

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Ron Butler

@ronmortgageguy

7 months

Whoa, Whoa, Whoa: REDUCE Housing Demand? Wasn't He The Immigration Minister Before? @SeanFraserMP brings in more legal New Immigrants per capita than any other country on Earth and NOW wants to reduce Housing DEMAND What's going on here?

Holly Doan

@hollyanndoan

7 months

Gov’t will take measures to “moderate housing demand,” says Housing Minister. @SeanFraserMP says increasing housing supply alone is insufficient. #cdnpoli

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Ron Butler

@ronmortgageguy

1 year

Canadian Tax Payers Fork Over $55M for Pope's Apology Tour? I never post about this stuff but this insanity got to me What the hell is going on here? Hell Yes, there is a lot to apologize for but WE ALL have to pay for it? Seriously? Why do we always find out later? 2/

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Ron Butler

@ronmortgageguy

6 months

Why Are Canadian So Pissed Off About Alot Of Stuff? Because Things Ain't So Good Government polling numbers this weekend: people are really mad at the Feds Traffic & construction chaos in Toronto everyone's angry Economy really wobbly people are worried Rents sky high 2/

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Ron Butler

@ronmortgageguy

10 months

A Very Sincere Thank You 50,000 Followers I had ZERO expectation when I made my first reply years ago that anything would come of it It's very humbling to think people like my stuff, I personally write every word The thanks are totally genuine And it's a 2 - way street 2/

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Ron Butler

@ronmortgageguy

6 months

Too Many Scandals: Government Has To Stop Lighting Money On Fire This Arrivecan App thing is just sickening & now we have this "Clean Tech" Agency SDTC getting their right to fund projects cut off because of whistle blowing and accusations of Insider conflict of interest 2/

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Ron Butler

@ronmortgageguy

3 months

End Stage Federal Government: It's VERY Hard To Understand What The Hell's Going On Here - Minister announces: No Money for Roads in Canada EVER - Housing Starts continue to Decline but Immigration continues at over $1M per year - Pharma-Care MUST happen? Or...... 2/

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Ron Butler

@ronmortgageguy

1 year

Big Question: How The Hell do Canadian Universities Massively Expand Foreign Student Enrollment Without A Matching Student Housing Increase? Because that's what they do Many of us don't understand what a big business Foreign Students at Universities has become It's huge 2/

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Ron Butler

@ronmortgageguy

22 days

Are First Time Home Buyers In Ontario & BC Becoming An Extinct Species? Sure Looks Like It We know the key reasons: - Batshit Crazy House Prices - Stagnant Wages - Surging Prices for everything else Bottom line is without massive parental help: No First Time Home Buyers 2/

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Ron Butler

@ronmortgageguy

1 year

Foreign Buyers Are Banned Right? Are They REALLY Banned? Stumbled on this one: $3.76M GTA purchase closed May 2, 2023 through a numbered company all CASH The Foreign Buyer's Ban was in place for months The sole owner of the Company is the pastor for President of The DRC 2/

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Ron Butler

@ronmortgageguy

11 months

Why Do I Keep Ranting About Batshit Crazy House Prices And Huge Mortgages? First let me define how I know the prices are too high The inescapable truth is 30 years ago the average house price in major Canadian cities was 2.5X - 3X average family income 2/

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Ron Butler

@ronmortgageguy

2 months

Canadian Inflation Lower Than Expected: What Does The Bank Of Canada Do If Our Economy Deteriorates FASTER Than The USA? Canadian CPI comes in at 2.8% versus an anticipated 3.1% Rate What's up? Crappier Economy is the answer In discussions with clients it's the same story 2/

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Ron Butler

@ronmortgageguy

11 months

For Many People In Canada There Is No Housing Crisis: All Levels Of Government Depend On That Fact If you bought a house in Ontario before 2013 there is no Housing Crisis In fact if you just own the one house and your mortgage isn't renewing now, things look pretty good 2/

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Ron Butler

@ronmortgageguy

2 years

CBC Mortgage Fraud Program Lots to think about but let's start with one truth Some of it's racist AF Yeah I know: North America Boomer White Man (The Genetic Lottery Winner) comments on racism Phuleeeese! And although @sm_cmc very correctly said: all people do it 2/

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Ron Butler

@ronmortgageguy

6 months

Housing In Canada: Have We Fallen Into A Price Trap? Insanely expensive raw land Bizarrely high Development Fees Rising Construction Costs Super Slow Bureaucracy Continuing High Interest Rates The perfect storm making building new homes at salable prices impossible? Maybe 2/

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Ron Butler

@ronmortgageguy

1 year

Are We Headed For An Even Bigger Eff Up In The Ontario Housing Market? Because new home developments are being paused and canceled and Financing for Small Developers is damn near frozen In Ontario we've had 5 Billionaire Families at the apex of Home Building for 25 years 2/

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Ron Butler

@ronmortgageguy

6 months

Hey, Want A $1.3 Billion Courthouse? Hope So Because Canada's Building One The waste & insane disintegration of money hits Peak Insanity I never understood the $6+ Billion Renovation of the Parliament Buildings but at least that's the Nation's Capital $1.3B Courthouse? 2/

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Ron Butler

@ronmortgageguy

17 days

Thank You Federal Government & Bank of Canada For Making More Canadians HUNGRY Canadian food banks are on the brink: ‘This is not a sustainable situation’ Batshit Crazy House Prices, Sky Rocketing Rents & unaffordablity 2/ |

Canadian food banks are on the brink: ‘This is not a sustainable situation’ | Globalnews.ca

A recent spring food drive in Barrie, Ont. fell $100,000 short on their financial goal. It's part of a growing trend across Canada.

globalnews.ca

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Ron Butler

@ronmortgageguy

1 year

Everyone who thinks Foreign Money doesn't impact GTA and Vancouver Real Estate right now TODAY, please sit down!!! If everyone who wants to reply: Did you report him Ron? Who the heck would I report it to? Because their is absolutely no one in Government who gives a damn

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Ron Butler

@ronmortgageguy

4 months

Government Discovery: Car Theft Is HUGE Let's Have A Meeting I am serious you can't make this up Dominic LeBlanc @MinIntergovCA announced that the Federal Government has just noticed $1.7B worth of cars have been stolen in Canada last year & its high time for a meeting on it 2/

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Ron Butler

@ronmortgageguy

10 days

Huge Increase In New RE Listings In BC & Ontario: What's It Mean? It likely means some RE Investors have decided they can't wait any longer RE Investors aren't like Financial Investors, the Financial Markets are the most liquid on Earth & transaction costs are rock bottom 2/

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Ron Butler

@ronmortgageguy

15 days

Why Are New Construction Starts Falling Off A Cliff In Ontario & BC? And Why Won't Government Acknowledge It The "Why" Starts are cratering isn't complicated I have been posting about for months but "Why" no Government comment? It's so scary for them Because it's fatal 2/

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Ron Butler

@ronmortgageguy

1 year

Canadian Inflation Takes A Big Drop To 5.2% Kiss A Prime Rate Increase In April Goodbye Base effect allowed a drop from 5.9% to 5.2% lower than the 5.4% estimate Tiff Macklem sphincter reached a point of complete relaxation as his job got enormously easier 2/

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Ron Butler

@ronmortgageguy

1 year

Apex Grocery Shopping Today: Embarrassingly Expensive I am very, VERY fortunate, don't have care what I spend on groceries For most Canadians this is a real burden Worse for those with a couple of kids Very worrisome for Seniors on basic pension Wasn't fcking Transitory

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Ron Butler

@ronmortgageguy

11 months

BOOM Tiff Macklem Goes Against Concensus And Raises The Bank Of Canada Rate 25 BPS Why did he do it? Well he's going to tell a long story on that reasoning but I will save you some time He thinks Inflation is still too strong And he doesn't want to make another mistake 2/

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Ron Butler

@ronmortgageguy

1 year

2023 Federal Budget: ONE TIME $460 Per Family To Fix Inflation, Bigger Deficits And Nothing Else But Theater It's strange to me that the answer for those people being hammered the hardest by food inflation is a one-time $460, which will amount to nothing to a family of 4 2/

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