They taxes vacancies so vacancies went down - but that doesn’t mean that someone who was happy keeping their property empty put it on the market and found some random tenants with all of the hassles that entails - you can never get rid of them as the laws strongly favour tenants. So you lose control of your “property”
Instead they find someone in their network, like a friend or friends adult child that is studying who can stay there and they pay a trivial rent to “take care of the house”
Some buyers that bought pre sale say at 700k maybe put down 120k and now the units are worth 600k and can only get a mortgage for 600k, have to come up with the extra 100k.
Lots of the supply is tiny condos that are not as desirable as a house for having a family.
the clamp down on Airbnb has also hurt the market for these tiny condos.
Also canada reduced the rate of immigration so demand isn’t increasing as quickly. The population of British Columbia decreased.
A hotel in Vancouver for a night in the summer is $400+
Hydro electric as a resource is probably mostly exploited - are there a lot of big hydro projects left to build? If there are they must be difficult or expensive or they would have already been built.
Do you have a source for this? I constantly point out that several cloudy days in a row often happens but am rebutted with graphs of the declining costs of solar modules and batteries
They certainly turned away from socialism and towards capitalism though, I think as part of embracing capitalism. What parts of the economy are not capitalist? State owned companies? In Canada and the US there are many protected or subsidized companies as well. Genuinely curious on the differences on owning a company in China vs canada
In Toronto there is only daylight for 9 hours in winter
Yes surely some days are cloudy
So some days you get 5% capacity factor, and need some other energy source as well
So it harms the economics of the venture
Look at the profitability of companies building utility scale solar farms, they cost 100 million and the company hopes to get a 10% return and pay a 3% dividend.
They still have to contend with moving parts for tracking the angle of the sun, fans on inverters, contactors, clearing snow, mowing grass, site drainage, tornadoes etc, so sometimes it is not as easy as it sounds
All for a 7%? Why shouldn’t they just buy the s&p 500 and call it a day
>By default, all devices hit your main gateway through the wildcard CNAME. But you can override any individual device by creating a specific A record. Need to debug a misbehaving unit? Point it to your local development gateway. Rolling out to a new region? Route EU devices to Frankfurt without touching the firmware. Moving a customer to a dedicated cluster? Update one DNS record
>As for what's causing the gains, there have been a lot of low-level optimizations and enhancements to various Linux kernel data structures and the like this cycle. Offhand that's perhaps the possible explanation but will be interesting to test on more hardware and other configurations as time allows. In any case, with every PostgreSQL read/write workload tested there were decisive performance gains for Linux 7.0 on this AMD EPYC 9755 server.