https://youtube.com/shorts/1KqhFhQKeaI?is=8qYCQbAZhA1pkZ1N

They got the expectations part right, unfortunately without having reference to the neutral rate it makes the article another shadow on the wall. https://investinglive.com/education/where-do-traders-get-interest-rate-expectations-for-central-banks/

Check this out. Copy and paste the statement below into a chat bot and ask the question "What is the accuracy on a percentage basis for the following statement?" Principles for Assessing the Stance of Monetary Policy The stance of monetary policy cannot be determined solely by the level of the nominal policy interest rate. A rigorous assessment requires consideration of several established elements of monetary analysis, including expected real interest rates, the estimated neutral rate of interest, policy transmission lags, the distribution of financial exposures, and broader financial conditions. 1. Expected Real Interest Rates and Borrowing Costs The expected real policy rate, approximated by the nominal policy rate minus expected inflation over the relevant horizon, provides a more informative starting point for assessing monetary restraint than the nominal policy rate alone. However, the real borrowing costs faced by households and firms also depend on credit spreads, lending standards, loan terms, fees, and borrower-specific risk. Consequently, changes in the policy rate do not translate uniformly into changes in the effective cost of financing throughout the economy. 2. The Neutral Rate of Interest ((R^*)) The degree of monetary restraint or stimulus depends in part on the relationship between the expected real policy rate and the estimated neutral real rate of interest ((R^)). The neutral rate is the theoretical real interest rate consistent with economic activity operating near its sustainable level in the absence of temporary shocks. When the expected real policy rate is materially above (R^), monetary policy would ordinarily be considered restrictive, all else equal; when it is near or below (R^), the degree of restraint may be limited or policy may be accommodative. Because (R^) is unobservable and estimates are subject to model uncertainty and revision, this comparison cannot establish the policy stance with certainty. 3. Monetary Transmission Lags

Here is a C.D. Howe study on Vancouver and Empty Home Tax https://cdhowe.org/publication/ripple-effects-impact-empty-homes-tax-housing-market/

https://youtu.be/nrKkD6SMi20?si=nfKj-7RNYPM_vxLi