As of May 2023, Unbox Therapy and Lew Later had more than 19 million subscribers combined. Hilsenteger runs another YouTube channel called Lew Later. The channel's total number of views had exceeded one billion views by February 2018 it exceeded 4 billion by April 2021. The average view count of his videos is more than 2 million as of April 2023, and he is ranked 7th in the tech category, according to Social Blade. The channel's videos routinely get a million views or more each. Unbox Therapy uploads several videos per week. Two early items he unboxed were a breathalyzer that integrated with a smartphone and an "unspillable cup" that he tried to push down. Unbox Therapy allows viewers to experience the pleasure of opening the newest technological items and not having to spend money on purchasing those items. Hilsenteger decided to create the channel after discovering he enjoyed watching unboxing videos. Hilsenteger and Jack McCann created the unboxing YouTube channel Unbox Therapy in December 2010. Hilsenteger owned an Apple repair store close to Ryerson University.
Hilsenteger attended the Toronto School of Art where he studied Digital Arts Photography and Video Editing. He lives in Newmarket, Ontario, in the Greater Toronto Area. The video is recognized as launching Apple's " Bendgate" controversy in which people could bend their phones in their pockets. In September of 2014, Unbox Therapy uploaded a video in which Hilsenteger used only his hands to bend his iPhone 6 Plus. As of April 2023, The channel has 18.2 million subscribers, and its videos have received over 4.4 billion views. He appeared to express sympathy for the RBA’s quandary, as it contends with inflationary pressures worldwide and more forceful rate tightening from foreign central banks.ĭespite the challenges, Mr Lew is optimistic that the country is nearing the peak of the cycle of interest rate hikes.Lewis George Hilsenteger (born May 6, 1985), known professionally as Unbox Therapy, is a Canadian unboxing and technology YouTube content creator. Mr Lew recently unveiled Premier Investments’ interim results, which included record half-year sales and a hefty dividend. It’s going to contract.”Īccording to Solomon Lew, a billionaire and former RBA board member, governor Philip Lowe has found himself ensnared in a global dilemma concerning interest rates and inflation. “The reality is there‘s going to be no growth for the next few years. And the only thing that will do well is cash,” he said. “If we get a second hiking cycle that’s not priced at all, it’s a disaster for everything. He advises hopeful first home buyers to start planning now and to look for properties that will become available once the market clears.
Mr Joye believes that as interest rates rise and borrowers struggle to meet their mortgage repayments, many Australians will have to sell their homes in the second half of 2023. While some economists believe that the Reserve Bank‘s interest rate increases are coming to an end and that interest rates may even be cut by year-end, Mr Joye cautioned that a second hiking cycle may occur.
Mr Joye’s predictions are supported by the Australian Bureau of Statistics’ recent analysis, which indicates that at a Reserve Bank cash rate of 3.6 per cent, 15 per cent of all Australian borrowers experienced negative cash flow. He recently appeared as a guest on the Equity Mates Investing podcast, where he issued his latest prediction on the Australian property market, warning that Australians should prepare for more struggles as one in four Aussie home loans may switch from 2 per cent fixed rates to 6 per cent variable rates in 2023.Īussie retailer closes down all its stores
In October 2021, when house prices were on the rise and the Reserve Bank of Australia’s governor Philip Lowe had stated that interest rates would remain unchanged until 2024, Mr Joye predicted a significant drop in Australian house prices, ranging from 15-25 per cent. But now, he believes as many as 15 per cent of borrowers could default before Christmas. A portfolio manager has claimed Aussie homeowners will need to brace for the “mother of all shocks” later this year.Ĭhris Joye, the co-founder and portfolio manager of Coolabah Capital, a fund manager with $8 billion in assets, has made bold predictions regarding the Australian housing market in the past.
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