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Plus: A chart about CES, a LOL Verifier, a Bing comeback, a disturbingly accurate tweet, morning person tips, and an ocean of books.
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View Online
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<p style="padding-bottom: 10px; font-size:16px; line-height: 140%; margin: 5px 0px 0px;">
Good job: Denmark, the world’s second-happiest nation, saw zero bank robberies in 2022 due to increased security and minimal cash use.
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<strong>
In today’s email:
</strong>
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<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
No Canada:
</strong>
Why it’s preventing foreign homeownership.
</li>
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Chart:
</strong>
The techies head to Las Vegas.
</li>
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<strong>
Lonely?
</strong>
There’s an app for that.
</li>
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Around the web:
</strong>
An ocean of books, the LOL Verifier, how to become a morning person, and more cool internet finds.
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🎧 On the go?
<a style="color: #192733; text-decoration: underline !important;">
Listen to today’s 10-minute podcast
</a>
to hear Jacob and Juliet discuss Canada’s new housing law, what to expect at CES, Microsoft vs. Google, and more.
</p>
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The big idea
</td>
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<h2 class="brief-title" style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size:22px; line-height:26px;font-weight:bold; margin: 10px 0px 5px;">
Why foreigners can’t buy Canadian homes
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults brief-body" style="padding: 5px 0px 0px;">
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
Canada has officially banned most foreigners from buying a home, and it all has to do with Canada’s wildly unaffordable housing market.
</p>
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
Housing prices were up
<strong>
48%
</strong>
in 2022 compared to 2013, and now average
<strong>
~$568k
</strong>
— over
<strong>
11x
</strong>
the median household income after taxes,
<a style="color: #192733; text-decoration: underline !important;">
per
</a>
the
<em>
BBC
</em>
.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
The ban, aimed to prevent investors from snapping up properties and driving up prices, prohibits non-citizens and non-permanent residents from buying residential properties for two years. Violators face a $7.4k fine.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Exceptions include international students, refugees, and people buying vacation properties outside of urban areas.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
Will that work?
</strong>
</h4>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Well, New Zealand
<a style="color: #192733; text-decoration: underline !important;">
enacted
</a>
a similar ban in 2018, but inflation has led to a continued rise in prices.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
In Canada, detractors argue that foreigners account for less than
<a style="color: #192733; text-decoration: underline !important;">
5%
</a>
of buyers, and the real issue is supply.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Parliament member Jenny Kwan
<a style="color: #192733; text-decoration: underline !important;">
told
</a>
<em>
The New York Times
</em>
that the government should target real estate investment trusts and for-profit real estate companies. And it has a bit, via anti-home-flipping and vacancy taxes.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
Meanwhile, in the US…
</strong>
</h4>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
… the fight rages against short-term rentals.
</p>
<ul style="font-size:16px;line-height:20px;padding-bottom:10px; padding-left:12px; margin: 0;">
<li style="font-size:16px;line-height:140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
NYC’s
<a style="color: #192733; text-decoration: underline !important;">
new law
</a>
, which requires hosts to prove they live at the property, could wipe ~25% of local Airbnb listings.
</li>
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Philly hosts
<a style="color: #192733; text-decoration: underline !important;">
must now
</a>
obtain a “limited lodging operator license,” which ensures units are up to code, and a hotel license if they don’t live on-site.
</li>
</ul>
<p style="font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
FWIW, research suggests short-term rentals
<em>
do
</em>
drive up housing costs, and experts have suggested these very methods as a possible solution,
<a style="color:#192733; text-decoration: underline !important;">
per
</a>
<em>
MarketWatch
</em>
.
</p>
<p style="font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
<strong>
For more:
</strong>
An
<a style="color: #192733; text-decoration: underline !important;">
interesting article
</a>
about “supply skepticism,” the belief that we actually don’t need to build more homes.
</p>
<div class="brief-slug" style="color: transparent; display: none; height: 0; max-height: 0; max-width: 0; opacity: 0; overflow: hidden; mso-hide: all; visibility: hidden; width: 0; font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
</div>
</td>
</tr>
<tr>
<td>
<table cellpadding="0" style="width:100%; padding: 10px 10px 0px;">
<tbody style="text-align:right;">
<tr>
<td align="right" style="display: inline-block; text-align:right; padding: 0px 0px 2px;">
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</a>
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</a>
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<img alt="View on our website" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252FLink%2520Small.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1pDPOu:Sv8cRFWxfqAPwbnmQ0OvWtueGs4lk5UqDhc524ZQmVk" width="26"/>
</a>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="border-bottom-color: #eaf0f6; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr>
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 10px 0px;">
TRENDING
</td>
</tr>
<tr style="padding-top: 10px;">
<td bgcolor="#EAF0F6" style="background-color: #EAF0F6; border-radius: 10px; padding: 5px;">
<table>
<tr>
<td class="dark-bg h2020 ignore-defaults" style="font-size: 16px; padding: 5px;">
<img alt="eyeball wearing a hat" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fwhats-trending-icon.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1pDPOu:Sv8cRFWxfqAPwbnmQ0OvWtueGs4lk5UqDhc524ZQmVk" style="width: 70px; height: auto;" width="70"/>
</td>
<td class="dark-bg h2020 ignore-defaults" style="font-size: 16px; padding: 5px 3px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
At a press conference
</strong>
yesterday, Panasonic presented on everything from an EV battery factory it’s working on in Kansas to its modular nose hair trimmer that
<a style="color: #192733; text-decoration: underline !important;">
becomes a toothbrush
</a>
.
</p>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="border-bottom-color: #eaf0f6; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #bf2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; padding: 10px 3px 0px;">
SNIPPETS
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults dynamic-snippets" style="font-size: 15px; line-height: 160%; margin: 0; padding: 15px 0px 3px 3px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Minimum wage
</strong>
got a bump in
<a style="color: #192733; text-decoration: underline !important;">
23 states
</a>
. Nebraska saw the largest hourly increase, from $9 to $10.50, while Washington, D.C. has the highest wage overall at $16.10.
</p>
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
<strong>
Microsoft
</strong>
is
<a style="color:#192733; text-decoration: underline !important;">
reportedly
</a>
integrating ChatGPT into its Bing search engine. It’s also
<a style="color: #192733; text-decoration: underline !important;">
getting
</a>
its first US labor union, consisting of ~300 video game testers.
</p>
<p style="font-size: 16px;line-height:140%; margin: 5px 0px 10px;">
<strong>
Broadway’s back:
</strong>
<em>
The Lion King
</em>
grossed
<a style="color:#192733;text-decoration: underline !important;">
$4.3m
</a>
across nine holiday performances at 99% capacity, its highest gross ever. (Check out our story on the economics of Broadway
<a style="color:#192733; text-decoration: underline !important;">
here
</a>
.)
</p>
<p style="font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
<strong>
Amazon
</strong>
now plans to cut
<a style="color:#192733;text-decoration: underline !important;">
18k+
</a>
roles. Vimeo is also laying off
<a style="color:#192733;text-decoration: underline !important;">
11%
</a>
of its staff, just months after cutting 6% of its staff.
</p>
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
<strong>
Coinbase
</strong>
will pay
<a style="color: #192733; text-decoration: underline !important;">
$50m
</a>
to settle NY regulators’ claims that it allowed new accounts without appropriate background checks, and invest $50m to improve its compliance program.
</p>
<p style="font-size:16px; line-height:140%; margin: 5px 0px 10px;">
<strong>
General Motors
</strong>
reclaimed its throne from Toyota as the
<a style="color:#192733; text-decoration: underline !important;">
top US car seller
</a>
in 2022, selling 2.27m vehicles, or 165.6k more than Toyota.
</p>
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
<strong>
Rick Singer,
</strong>
the college admissions consultant who
<a style="color: #192733; text-decoration: underline !important;">
took $25m
</a>
from clients and bribed coaches and administrators with $7m+, was sentenced to three and a half years in prison.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Cool AF company:
</strong>
We all love food delivery, but the environment doesn’t. So German startup Vytal is
<a style="color: #192733; text-decoration: underline !important;">
reimagining takeout
</a>
with custom reusable containers.
</p>
</td>
</tr>
<tr>
<td style="border-bottom-color: #eaf0f6; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
</tr>
</table>
</td>
</tr>
<tr style="display: block; padding: 10px 2px 0px;">
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #bf2434; font-size: 16px; font-weight:bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
Chart
</td>
</tr>
<tr>
<td style="padding: 0 0 1px;">
<a style="color: #192733; text-decoration: underline !important;">
<img alt="CES attendance over time" class="featured-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252FCES-v3-min.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1pDPOu:Sv8cRFWxfqAPwbnmQ0OvWtueGs4lk5UqDhc524ZQmVk" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
</a>
</td>
</tr>
<tr valign="top">
<td align="left" style="font-family: 'Roboto', helvetica, sans-serif; color:#192733;font-size:12px;font-style: italic; padding: 5px 0px 10px;">
Olivia Heller
</td>
</tr>
<tr>
<td>
<h2 class="brief-title" style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
CES starts today. Here’s what to expect
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults brief-body" style="padding: 5px 0px 0px;">
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
It’s been a tough couple of years for the Consumer Electronics Show (CES).
</p>
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
After peaking at 180k+ attendees pre-pandemic, CES was forced online in 2021, and saw just a quarter of pre-pandemic attendance in 2022.
</p>
<p style="font-size:16px; line-height:140%; margin: 5px 0px 10px;">
This year, the Las Vegas event hopes to attract
<a style="color:#192733; text-decoration: underline !important;">
100k+
</a>
attendees, as well as 2.5k+ exhibitors from 166 countries, per
<em>
Axios
</em>
.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
What should you expect?
</strong>
</h4>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Over the next few days, there’ll be literally thousands of announcements and product demos, including from automotive brands (which have 25% more floor space than last year), metaverse developers, robotics companies (throwback to Charmin’s
<a style="color: #192733; text-decoration: underline !important;">
Rollbot
</a>
), smart home gadget makers, and more.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
While the event officially starts today, we’ve already seen streaming platform Roku debut its own
<a style="color: #192733; text-decoration: underline !important;">
line of TVs
</a>
, and learned of a
<a style="color:#192733; text-decoration: underline !important;">
$150m deal
</a>
that will see Stellantis mass-produce Archer’s electric air taxis.
</p>
<p style="font-size: 16px; line-height:140%; margin: 5px 0px 10px;">
There’ll be a lot of meetings, too — on average, industry execs have
<a style="color:#192733; text-decoration: underline !important;">
29
</a>
meetings while they’re at CES.
</p>
<div class="brief-slug" style="color: transparent; display:none; height: 0; max-height: 0;max-width: 0; opacity: 0; overflow:hidden; mso-hide: all; visibility: hidden; width: 0; font-size:16px; line-height:140%; margin: 5px 0px 10px;">
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TRENDS
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<center>
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<h2 style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif;font-size:22px;line-height:26px;font-weight: bold; margin: 10px 0px 5px">
Three TikTok tips from Gary Vee’s strategist
</h2>
</td>
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<tr id="bottom ad copy">
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<p style="font-size: 16px; line-height:140%; margin: 5px 0px 10px;">
If you don’t know Gary Vee — he’s an absolute content machine.
</p>
<p style="font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
But when it came to TikTok, he tapped Caleb Ralston, who grew Gary’s following 700% in
<em>
just four months
</em>
.
</p>
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
We broke down his keys to success inside Trends.
<a style="color:#192733; text-decoration: underline !important;">
This article
</a>
covers making the perfect clip, honing as you grow, and reverse-engineering successful strategies.
</p>
<p style="font-size: 16px; line-height:140%; margin: 5px 0px 10px;">
<a style="color:#192733; text-decoration: underline !important;">
For a buck
</a>
, you can test run a week of all the market reports and case studies you can stomach.
</p>
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
Plus, access the members-only forum for daily drops like these:
</p>
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How a Chrome plug-in gained ~150k new users for $2k with TikTok.
</li>
<li style="font-size:16px;line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
How to automate influencer outreach on TikTok.
</li>
<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Insights from analyzing 4k+ TikTok ad accounts.
</li>
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<tr>
<td style="color: #bf2434; font-size: 16px; font-weight:bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
Goodbye Loneliness
</td>
</tr>
<tr>
<td style="padding: 0 0 1px;">
<a style="color: #192733; text-decoration: underline !important;">
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</a>
</td>
</tr>
<tr>
<td>
<h2 class="brief-title" style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height:26px; font-weight: bold; margin: 10px 0px 5px;">
Less cycle, more soul
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults brief-body" style="padding: 5px 0px 0px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
SoulCycle — part-fitness class, part-cult — has long inspired spandex-clad attendees to chant affirmations over pumping music in a candlelit room.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Now, per
<a style="color: #192733; text-decoration: underline !important;">
<em>
Inc.
</em>
</a>
, founders Julie Rice and Elizabeth Cutler want to hone in on the high of that post-sweat camaraderie with their new venture,
<a style="color: #192733; text-decoration: underline !important;">
Peoplehood
</a>
.
</p>
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
Centered around their newly coined concept of “relational fitness,” Peoplehood will:
</p>
<ul style="font-size:16px;line-height: 20px; padding-bottom:10px; padding-left:12px; margin: 0;">
<li style="font-size:16px;line-height:140%; margin: 0 0 0 15px;padding: 0px 0px 10px">
Hold 60-minute sessions called “gathers,” led by instructors, AKA “guides.”
</li>
<li style="font-size:16px;line-height:140%; margin: 0 0 0 15px; padding: 0px;">
Offer a group conversation in which participants both speak and listen.
</li>
</ul>
<p style="font-size: 16px;line-height:140%; margin: 5px 0px 10px;">
Attendees will learn to practice active listening: Verbal responses aren’t allowed in class, just physical gestures like a hand over the heart or finger snaps.
</p>
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
The business is currently in beta, opening online in January followed by in-person classes in New York City (and, if all goes well, countrywide).
</p>
<h4 style="font-size:17px; height:100%; letter-spacing: 0px;line-height:22px; padding-top:8px; margin: 0px;">
<strong>
What’s this all about?
</strong>
</h4>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
We’re facing a loneliness
<a style="color: #192733; text-decoration: underline !important;">
epidemic
</a>
exacerbated by covid and our digitized lifestyles. Plus, the
<a style="color:#192733; text-decoration: underline !important;">
decline
</a>
of organized religion has left a void of communal gathering places.
</p>
<p style="font-size:16px;line-height:140%; margin: 5px 0px 10px;">
Loneliness can have serious health
<a style="color: #192733; text-decoration: underline !important;">
implications
</a>
, so startups are creating cures:
</p>
<ul style="font-size:16px;line-height: 20px; padding-bottom:10px;padding-left:12px; margin: 0;">
<li style="font-size:16px;line-height:140%; margin: 0 0 0 15px; padding: 0px 0px 10px">
Apps for friendships, like Bumble BFF,
<a style="color: #192733; text-decoration: underline !important;">
Hey! Vina
</a>
,
<a style="color:#192733; text-decoration: underline !important;">
Yubo
</a>
, and Meetup.
</li>
<li style="font-size: 16px;line-height:140%; margin: 0 0 0 15px; padding: 0px 0px 10px">
Places for in-person gathering, such as
<a style="color: #192733; text-decoration: underline !important;">
Groundfloor
</a>
and
<a style="color: #192733; text-decoration: underline !important;">
Chief
</a>
.
</li>
<li style="font-size:16px;line-height:140%; margin: 0 0 0 15px; padding: 0px">
Online audio communities, like Clubhouse and
<a style="color: #192733; text-decoration: underline !important;">
Humans Anonymous
</a>
.
</li>
</ul>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Once it heals
<em>
you
</em>
, Peoplehood is building products to fix your relationship (Couplehood) and your workplace (Peoplehood @Work) next. *Snaps.*
</p>
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AROUND THE WEB
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<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
📻 On this day:
</strong>
In 1980, the Sugarhill Gang’s “Rapper’s Delight” became the first hip-hop track to
<a style="color: #192733; text-decoration: underline !important;">
reach
</a>
<em>
Billboard
</em>
’s top 40.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
🤣 That’s cool:
</strong>
Tech artist Brian Moore
<a style="color: #192733; text-decoration: underline !important;">
created
</a>
the LOL Verifier, a small device that attaches to users’ computers and only lets them type “LOL” if they did, in fact, laugh out loud.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
📚 Useful:
</strong>
The “
<a style="color: #192733; text-decoration: underline !important;">
Ocean of Books
</a>
” helps you discover authors and news outlets similar to the ones you already enjoy.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
☀️
<strong>
How to:
</strong>
Become a
<a style="color: #192733; text-decoration: underline !important;">
morning person
</a>
.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
🦝
<strong>
Aww:
</strong>
And now,
<a style="color: #192733; text-decoration: underline !important;">
raccoon snow day
</a>
.
</p>
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TWEET
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The accuracy. (
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Link
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)
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TELL FRIENDS → GET PRIZES
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Today's email was brought to you by
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Sara Friedman
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, and
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Rob Litterst
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.
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Editing by: Mark “Only the lonely” Dent.
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1 year, 10 months ago - news@thehustle.co
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