Spyke

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Are our realtors incompetent?

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Oh, just to clarify, the house is owned outright with no mortgage, so at least we don't have any equity problems like the first article mentions. However... yeah, that's not looking promising. I'm inclined to think it's better to drop the price by €101K or so. Better to do that and get the money now, than get stuck with it for many more years while the market recovers. Do you think that could make sense?

We do have some rental income, but it's managed by the family friend, who only rents out to "nice families" she knows. We're half-booked for July and August. It drives me a little bit crazy that they resist doing a proper managed Airbnb in the meantime.

Honestly, I'd love to get rid of the property in hopes that we can then buy into something that WE control. I'd like to think I'm half decent at financial management, but to be effective, we need to actually have control. The family friend is a really nice lady, but she's no financial manager, that's for sure.

ontario

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Landlords will need help if temperature law becomes reality, advocacy group says

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Landlords are not philanthropists. You are not going to find a big group of homeowners who want to rent at a loss out of the goodness of their own hearts.

I would love if the government took strong measures to encourage home ownership and discourage treating real estate as an investment. Really, I would. But that will take many years of hard work and economics PhDs to concoct a plan that works. So, until we find a government with the balls to do that for real, we have to understand that dealing with landlords in a realistic way is a necessary evil.

Because if you nuke rentals without first ensuring people can afford to buy, all you'll accomplish is to create a mass housing shortage worse than you've ever seen.

ontario

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Moving north - what's life like? Any tips?

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Fair enough! I have no real sense of the northern 90% of my own country, I'm embarrassed to say. XD

Would you mind elaborating on your remark about them being a bit more conservative? I realize that rural places tend to be more conservative by default, but I'm wondering whether that means center-right mind-your-own-business conservatives, or the kind that are a bit more... upfront.

Full disclosure, I'm trans and so is my wife, so it is indeed something we have to keep in mind.

ontario

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Premier Doug Ford plans Ontario legislation banning scientific testing on 'pets' after issuing harsh warnings

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This is actually not true. If you ban it here AND remove the Health Canada requirement for testing on higher order animals, there is no need to do that research. It doesn't even correlate that well with human health outcomes. Ban the practice and remove the incentive, and I guarantee you that the behaviour will go away.

The FDA already removed its requirement for testing on higher order mammals – mouse work is sufficient to get an investigational new drug (IND) permit, or an equivalent permit for a medical device. I suspect Health Canada has done the same, but I'm not 100% sure – if not, it absolutely should. I'd rather have marginally more risk to human participants that generates useful, applicable data, than perform countless cruel experiments that poorly correlate with human biology.

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Man Gives Himself 19th Century Psychiatric Illness After Consulting With ChatGPT

What a shitty fluff article. You can only see the details once you subscribe to their shitty site.

TL;DR: Guy asked chatgpt what you can replace chloride with in salt, and it thought he meant chemistry, so it told him other halides like bromide. It did NOT recommend him to eat it. He inferred that on his own, and then gave himself a psychiatric illness by eating buckets of it.

This is an example of an unfortunate illness caused by human stupidity.

Don't blame human stupidity on LLMs.

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Are our realtors incompetent?

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Hmm, that's a good idea. At least then it doesn't have to go through the family friend. I guess they'd take care of any necessary permits too. I like it!

Do you think it's realistic to try to rent out the property in low season as well (late fall, winter, early spring), or is this likely to be a predominantly summer thing?

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Inherited a Swiss holding company – what do we do with the portfolio?

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Thank you so much! These are great starting points. Also, thank you for the condolences – it's been a couple of years since her dad (the heir) passed away, and several more since her grandpa passed. Getting possession turned out to be very complicated, but we're nearing the finish line on that front.

I do have a remaining question, actually. Real estate is an interesting option, and I like the idea of a nice stable rental income over the years. However, here in Canada where we now live, I fear that there's a substantial real estate bubble. If true, now would probably be an awful time to by. What do you think?