RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - goeasy Ltd. Announces Pricing of US$400 Million of Senior Unsecured Notesjboom70 wrote: In Canada 23% of PPL are skipping meals. 90% of ppl under 35 can't afford a home and don't. Housing starts have crashed.
We have a massive seperation in the have and have not's. You either have low housing cost or you don't. And wait till the under 2% have to refinance.
Where is the relief?
I don't see it till housing breaks here in Canada. Boc will stay high to long and break the economy. High interest rates only hurt the type on ppl using GSY services.
Many data points show GSY clients will come under even more pressure in the near future.
Not that I don't like GSY but I don't see the bull case near term to hold.
Yet more malarky.
Obviously the company doesn't see your data points. I skip meals many days too and I'm not poor lol. It means nothing. Housing will never break in Canada. Never. Anybody thinking we are going back to $200k condos and $300k detached homes ever again is bitter cause they missed out waiting on the sidelines for over a decade or needs their head examined. GSY clients already pay the highest interest rates possible. Take your head out of the sand. The more cost of living rises the more clients GSY will have. I'm convicnes you know little about this company and the clients they cater to.