Warning ⚠️ To New Immigrants Canada 🇨🇦 Housing Nightmare & Inflation

Warning ⚠️ To New Immigrants Canada 🇨🇦 Housing Nightmare & Inflation | Wali Khan Podcast # 31

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Күн бұрын

Пікірлер: 122

@WaliKhan_2k 9 ай бұрын

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@joypatel8344 8 ай бұрын

100% Agree I landed in Regina as a PR got a job in 2.5 months work from home but still due to weather conditions and food and what we feel that our Life in Ahmedabad was far better and earning was also good so we decided to move back to Ahmedabad in January -24... Trust me guys if you are earning INR 60,000 and above our country is far better than this all western countries.

@ibrahimm2012 8 ай бұрын

Kem cho mota bhai

@truthprevails3751 8 ай бұрын

ભાઈ તમારી સાથે વાત થઈ શકે?? ખૂબ વધારે confusion છે પ્લીઝ

@avijitbasu5789 8 ай бұрын

But, what do your relatives and friends say, in India? Defeated in Canada and returned?

@khalsa3344 8 ай бұрын

60k each member or joint income , let's say family of 4 !

@joypatel8344 8 ай бұрын

Defeated by Isolated Quality of Life in Canada so we return back @@avijitbasu5789

@Tanvir-di4tt Ай бұрын

This guy has lived here 7 years. He knows his stuff. He is not here to lecture on Canada economics - micro or macro. He is just telling what normal costs are. Lets appreciate him. Thank you brother. Thanks Wali bhi

@jiti5034 4 ай бұрын

Forget Canada ( -40) go to Australia ( +40) and choose your climate! Cold and eu vibes go to Melbourne, Dubai vibes = go to Gold Coast close to Asia = Perth , Mumbai vibes = Sydney

@CloudSecurityGuy 8 ай бұрын

Moved to the UK after 10 years in the UAE . UAE is amazing but it never gives you citizenship which does become VERY important as you get older and you worry for your children's future

@avijitbasu5789 8 ай бұрын

This is the DESI problem. It wants to have a LIFE with no PROBLEMS.

@HS-yi5ux 8 ай бұрын

Where the Gora will take their kids..children…danger

@jiti5034 4 ай бұрын

@@avijitbasu5789 It is but that does not mean Desis are doing something wrong, it is not only SOuth Asians but Philipina, Indonesians

@inderpalsinghbanga2491 8 ай бұрын

If you get Education from Canada, are skilled,and can manage yourself. Canada is the best destination to earn even rise in cost of living. Inflation and unemployment is all over the world.

@usmankhalid8422 8 ай бұрын

What are the best scenarios on moving to US? Study visa? as H1 is a difficult prospect. Please advise on feasible options. Thanks.

@jacobjohn4180 8 ай бұрын

I quit quebec in 3 months, its cold and wretched. Iam doing good in India now

@huzaifasaad5677 8 ай бұрын

What software you are using to record this podcast? In which software have you edited this podcast in?

@anasa464 9 ай бұрын

100 baatoun ki ek baat.. UAE will never give you a passport.

@kachrachi 9 ай бұрын

Ideal route is to work in the Middle East for 10-12 years at a managerial level and then migrate to Canada loaded with cash for a good life

@asmashoaib5638 8 ай бұрын

But UAE gives you a very good life in every aspect especially for muslims.

@kachrachi 8 ай бұрын

@@asmashoaib5638 everything is rosy in UAE till you get laid off. May Allah keep everyone stable

@asadb1990 8 ай бұрын

Arent they sellig citizenship now.

@jiti5034 4 ай бұрын

@@asmashoaib5638 Everybody in UAE who is ex pat is not Muslim! don't forget that and if religion is so important why do Muslims don't get PR there?

@saquibsohail 8 ай бұрын

Living in Toronto for 42 years. When I was 6 years old there were no desi's here. Zero. I have already lived the golden years of Canada. Now it's time to leave and give new immigrants a chance. Cuz my kids will never achieve the same success I did. So time to bounce. Where, well where else. Amrica bhadur lol

@kachrachi 8 ай бұрын

Well said sir. All the best for your next move

@avijitbasu5789 8 ай бұрын

Same, came to Canada, 25 years ago. Saw only odd jobs, in Canada. So after completing my PhD and running down the TIME CLOCK ( 3 years) for citizenship, I moved to USA with TN 1 visa. After retirement, I came to Canada, in October 2023. Life is terrible. But, I am lucky that I did not had to face the HARDSHIPS of Canada , at present. I am now thinking g to settle down in India during winter season and come back to Canada during summer. Getting g ready to obtain the CPP pension and OLD AGE benefits.

@ashwin007 8 ай бұрын

Very well explained. Most people in Canada were unable to understand the increase in interest rate issue.

@yaskh786 9 ай бұрын

Same is the case in Australia. Rent, inflation, interest rate all very high.

@jiti5034 4 ай бұрын

Everything is not about money , and inflation is everywhere ,

@Sandeep14736 8 ай бұрын

Chacha fumble kar gaye when speaking about carbon taxes. Bhai ek average household gets back more than what they pay as carbon tax for both heating and gasoline. Moreover, 2016 mein crude was US$26/bbl vs $75+ now. Townhouse utilities would be C$350 per month on average with $350 per quarter as Carbon Tax Subsidy refund.

@vichysaho2135 8 ай бұрын

Not just bad economics , health Canada doesn’t admit you’re going to have the highest propensity of a virulent infection, happened to me a decade of migrating here, degenerative life altering disease.

@funkybuddha1598 8 ай бұрын

So many people moved to Calgary, there are no jobs whatsoever now

@316840 9 ай бұрын

While i agree with most of what this guy said, the oil & gas inflation points aren't accurate. Case in point: - Canada is a hub for oil, while true, the oil we have is 'oil sands', its very hard to access and refine therefore the cost of processing this oil is way higher than middle-eastern oil - 50% taxes on oil, while also true, the Canadian oil prices are on par with Europe even Pakistan (in-fact Pakistan has an even worse per litre price). Canadian government does give a Quarterly rebate on carbon taxes which off-sets the high cost (while i rezognize its still expensive) everything else this guy said is true, housing is expensive, healthcare is really bad, education seems to be tanking (especially post covid)

@maneshroy4511 9 ай бұрын

Seasonal & contract jobs given to many immigrants, policy of use & throw, no commitment for the future...

@jiti5034 4 ай бұрын

If there are pros and cons then why have a negative title it should be something like " Canada to be or not to be"

@kshitijshah5052 4 ай бұрын

It is not negative title. It is fact.

@jiti5034 4 ай бұрын

@@kshitijshah5052 Facts all cant be negative , hence the title should be not one sided.... Millions have migrated and many have settled so it can't be all negative, currently yes there are challenges, everything is not about money .. people are looking to migrate to a more democratic more diverse long term places specially those who are used to good life in ME and don't want to go back to South Asia for themselves or for the children ,, so any body doing videos should keep it neutral, Not only positive not only negative , specially ME region with golden visa and real estate free hold is allowed people start thinking that it is like the west, it is not, ( it has its unique set of pros and cons ) one big negative is you cant get real PR in ME period....

@DanishAshrafi 9 ай бұрын

Instead of spreading the negativity that everything is collapsing getting destroyed etc.. you should also see that there many businesses there which are growing insanely at the same time... One just need to have a data centeric approach of focusing on what's working instead driving attention to something that you can't control. In Canada I know many people at the same time growing like crazy. Yes they are mostly the business man or highly technical skillset people so we can't compare them with all the others but "rizk ka wada tumhara tumhary RAB sy hai" so wether u r in UAE, PAK, CA, USA u can't earn or lose a single penny if Allah has not written it for u. May Allah help us all grow and keep us safe.

@siddiqze 9 ай бұрын

Who is spreading negativity? I think they are giving a correct picture to people who want to come so that they do not get the reality shock. If you disagree, please provide your viewpoint so that we have a productive discussion as this can help people planning to come to Canada.

@DanishAshrafi 9 ай бұрын

@@siddiqze Here's my view, based on my experience. I might be wrong. Last year, 8 of my friends went to Canada. 6 are in digital marketing, 2 are AI developers. The lowest salary among them is 80k annually, which is good. Jobs are everywhere if you focus on what's in demand. Some people go there and aim for very basic common jobs; of course, they'll struggle.

@rizzo1336 9 ай бұрын

I have been living in Canada for more than 25 years. I can confidently say that politically and economically it is not heading to the right direction. Housing is out of control, rents are unaffordable and good paying jobs that can be on par with inflation are scarce. The health system is taking its last breath and these were the exact words by a paramedic who was transporting my infant from one hospital to another last year. The public school quality is not the same it was went I was attending it. There is lot of cutting taking place on gov sponsored programs. The more money you make (ethically), the more you end up giving in taxes. I know people are making good money as consultants but due to influx of people immigrating and people willing to work for less, the so called ‘good hourly rates’ are going down. Yes, you can make money and there are loop holes in system that I know some people don’t end up paying taxes. If you are not ethically and morally conscious and like the back door practices then no issues for you but I know for most people it is not. By no means I am discouraging and you should do your own research if it is feasible for you or your family but these are hard truths you should consider before coming here.

@kachrachi 9 ай бұрын

All good points, but thus video serves as a reality check for those diving into the Canada route without having the required skills hoping that it will solve all their Pakistan problems.

@avijitbasu5789 8 ай бұрын

Who is spreading negativity? Here look at me. Never got a steady job in Canada ( with a PhD from a middle ranking Canadian university). However, with sane credentials landed multiple offers in USA and MIDDLE EAST. Stop PRAISING Canada's job growth...ok?

@ctawab 3 ай бұрын

Canada is $58,100 per person (per capita GDP)

@ctawab 3 ай бұрын

This cad dollars not usd

@ctawab 3 ай бұрын

According to study that I was reading recently, the gap between per capita, GDP of Canada and America has widened in the past year

@SunnyR-yi9te 8 ай бұрын

justin t spending billion on Ukraine , Syria and refugees .but zero dollar on building homes, roads , hospitals . Shame govt of Canada. Australia is better . nurses and trade person have job and PR in Canada

@siddiqze 9 ай бұрын

Great points but you missed a point where there are a lot of pre-construction that are coming out in the market. This will help the new immigrants get in the rental as that is what they need to start. Very accurate information.

@mannysubramanian8393 8 ай бұрын

Houses are expensive and unaffordable

@asgharch6820 6 ай бұрын

Electricity bill 50 dollars in 2005 2024 130 dollars Water 60dollars in 2005 2024 250$ Heating 1500 in one year 2005 2024 2100 dollars Wage 9.25 dollar/hour 2024 18 dollar/hour

@ctawab 3 ай бұрын

In 2004/5 min wage was $6-7

@ctawab 3 ай бұрын

2008-9 min wage was $8-9

@ctawab 3 ай бұрын

In 2005 a 1 bed apartment (3 and a half) was about $725 a month in downtown.

@ctawab 3 ай бұрын

A slice is pizza in 2005 was $1.25 A metro ticket if I remember correctly was $0.75

@trios_gaming5039 8 ай бұрын

❤

@pakistaniinchina5252 8 ай бұрын

All these situation is worst in everywhere .......... rent is higher ,then we should stay at home . if we dont take a risk, anyway i am moving to CANADA , my friend are happy and have many jobs opp

@as-rx9xn 8 ай бұрын

Yes come, become a uber driver

@tweeety2724 8 ай бұрын

uber driver, grocery clerk so on ... one more thing for these down graded jobs you need references... bro be happy with what you have in home country

@sohambhattacharya3957 8 ай бұрын

I think 100K not 100. Probably a typo

@asgharch6820 6 ай бұрын

3 trillion extra dollars r in market.unless,this money is not taken out from marjet,interest rate will not go down Your guest needs good understanding of capital economy to talk on this subject Example He did not know how pre construction business is done as I am doing this since2016 and have very different prospective about this issue Same issue,i found with shahroz and batool interview These people should study how money market is run by investor inform of real estate,gold market or construction activites Who is investor Chinese or Hingong 75% Indians Pakistani Etc 25% This includes ghost investor

@WaliKhan_2k 6 ай бұрын

You have not addressed your concern even with such a long text

@asgharch6820 6 ай бұрын

Example I do not like interest based economy and believe in profit /loss based product Result Today ,all my properties r not making money and waiting untill interest rate is 3.5% This is one point he miss why Muslim choose variable rates About construction missing point is Builder not start project untill 80%of project is not sold as bank then finance Standard result Examples We bought an apartment in 2019@459 ,000 dollars 2024 680000 dollars It's a risky business U make money and loose money Our family friend lost 250 000 dollars as she could not close deal Lesson learnt Do not be greedy There must be limit for investment as mine is 700000 dollars I do not work with Pakistani origin people BC we lack business ethics and do not believe in sharing profit

@WaliKhan_2k 6 ай бұрын

@@asgharch6820 lol, both variable and fixed rates are INTEREST 😂

@asgharch6820 6 ай бұрын

@WaliKhan_2k lessor evil I select but I do not have a definite opinion on this issue I agree with u as some of my friends r renting as they want to buy on cash although recently some ribe free products r available I am in Toronto and my family do real estate pre construction business and a have s boutique store When ever you come in Toronto, visit us at Rida Fashions inc Albion rd Toronto

@shoaibrauf8287 8 ай бұрын

He is guessing that Canada is recession. Perhaps he does not know the definition of recession, and he is talking about macroeconomics..

@positivity1016 9 ай бұрын

Great show

@pakistaniinchina5252 8 ай бұрын

this is the right time to move CANADA ,

@naumanshah4764 8 ай бұрын

are you out of your mind, 15-20 lacks per month, o bhai , if you earn 5 you live like a king if you own a house

@shoaibrauf8287 8 ай бұрын

With respect, it is very unprofessional analysis. This person seems to have no macroeconomic background and reasons for legislation the government introduced, which impacted the real estate market. Any government can not afford to deal with inflation. Very ill-informed analysis.