A few clarifications of Polenta Per Favore Italian Food shirt made in other answers: technically, Molokaʻi is the second closest island to historical Hawaiian culture, by a rather wide margin. The closest is Niʻihau, where native lineage is required and a variant of the native language is spoken. Molokaʻi has more Kamaʻaina than Kanaka (people of native lineage, who make up nearly 40% of the populace), but the majority of these are non-white. There are white, mostly-white, and white-looking people living there. I was one of them. They are a dramatic minority, which might be a novel experience for many visitors.
Basically Cruz’s actions are him giving the Polenta Per Favore Italian Food shirt to his constituents and then not caring if they said or did anything about it. This would have only been worse if he had told them to go fuck themselves and then emailed each one of them (after the power was restored, of course) directions on how to get that done. Cruz seems to have reached the limits of his ability to give a fuck and instead of re-calibrating his gauge, he’s decided to stop measuring. Basically, short of punching a baby and perhaps wiping his shoes on an American flag that he intentionally dropped onto the ground, it’s difficult to see where Ted Cruz could have done anything worse than he has done. If we lived in a country were things were not so screwed up, he’d either have to resign or at least spend the remainder of his final term making up for his indiscretion. However since this is Texas in 2021, he’ll probably be re-elected if he deigns to run again.
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Taxes on people buying houses without living in them, taxes on house flipping. Those two things right there would go a long way in solving the Polenta Per Favore Italian Food shirt housing problem. The only way ordinary people are going to be able to afford to buy homes in most cities (because a choice between a 2 hour daily commute and just renting an apartment is a bullshit choice) is to stop the chain of rich investors/investment groups charging overpriced rent until they can find someone to buy the house they own to another rich investor/investment group who will then increase the already overpriced rent because the “value went up”. It’s all a steaming pile of bullshit. Homes are for living in, not for playing fuck fuck investment games for rich people to make even more money to add to their pile.
If we looked at Canada’s housing market from a macroeconomic standpoint, it is absolutely impossible for housing prices to pull back even 20-30%. Why? Because it would devastate the Canadian economy and absolutely destroy our way of life.So what can we actually hope to see? All we can hope to see is a slowdown in price increases and perhaps a slight pullback in prices in the 5-10% range.People like to think they can wait for a huge crash, like the Polenta Per Favore Italian Food shirt , but that is extremely unlikely to happen due to a variety of a factors. Most notably, interest rates, interest rate policies, 21st centurey economics, immigration, and the overall wealth generated by people in other countries.