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Rime posted:Good Riddance, TD has gone to absolute garbage in the past twelve years. Curious - why do you say that? As far as I can tell, the big 5 are indistinguishable by anything other than their livery colours, and have been so basically forever.
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Dec 19, 2013 06:33
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| # ? May 10, 2024 00:44 |
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TD's tellers are probably the best example of good customer service and I love their hours.
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Dec 19, 2013 15:16
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The Star reports that CMHC's annual report says that 23% of condos were rented out by investors in 2012, but that's based only on MLS listings. Actual numbers could be anywhere from 20 to 30 to 50 to ???%.quote:“We think the number is closer to 50 per cent,” says veteran Toronto development consultant Barry Lyon. “The data they (CMHC) are using has some shortcomings. It’s only part of the story.” Nothing to see here, move along.
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Dec 19, 2013 15:24
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I've had the least number of bad experiences at TD of all the big banks.
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Dec 19, 2013 16:20
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- Multiple calls per month aggressively trying to sell me on a 3rd credit card or to raise the rates on my current card. - Tellers act like a robot and every interaction ends with them pleading with me to fill out the telephone survey that will be coming shortly afterwards lest they be fired. - Every time I use a teller they try and get me to switch to a different plan with higher monthly rates, or some investment scheme. That's the poo poo which annoys me the most, but really, the service has been crap and the aggressive sales tactics have almost convinced me to switch everything except my E-series funds over to a credit union.
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Dec 19, 2013 19:43
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Is there a reason to use a bank over a credit union? I've never had any problems with mine.
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Dec 19, 2013 20:14
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Baronjutter posted:Is there a reason to use a bank over a credit union? I've never had any problems with mine. Integration with the investing arm is one reason.
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Dec 19, 2013 20:18
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Oh, things I hate about TD - tellers trying to sell me poo poo I don't want. Their web site is rear end.
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Dec 19, 2013 20:28
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http://www.cbc.ca/news/business/why-a-housing-bubble-is-good-but-maybe-bad-for-you-1.2470614
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Dec 20, 2013 17:51
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Cultural Imperial posted:http://www.cbc.ca/news/business/why-a-housing-bubble-is-good-but-maybe-bad-for-you-1.2470614  That article may well be the definitive example of rose coloured glasses. An idiot posted:What Canada is experiencing now may or may not be a bubble. Today, I promised to be agnostic on that point. If this is not a bubble, then we are producing just the right amount of housing to supply our needs and we can keep on doing that forever. Prices in the new paradigm will stay at the current permanently high plateau. Of course he did express a belief that the tech stock bubble wasn't, in fact a bubble, so maybe he isn't the guy to take financial advice from.
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Dec 20, 2013 18:02
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Also the whole "stability follows a bubble" is only true if the government doesn't go hog wild pouring low-interest money and explicit risk backing into the FIRE sector. It is quite possible to end up with an echo bubble if you are stupid.
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Dec 20, 2013 18:08
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Engineering bubbles has basically become an industrial strategy for the neoliberal era in the West so if the current bubble does burst then its quite likely the government's response will be to desperately try to re-inflate it.
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Dec 20, 2013 18:39
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quote:
 namaste friends fucked around with this message at 08:18 on Dec 22, 2013 |
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Dec 22, 2013 08:15
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http://www.vancouversun.com/business/Vancouver+condo+values+enjoy+robust+future+report+predicts/9301293/story.html I can't be bothered to quote this retarded report. gently caress the vancouver sun for posting royal lepage marketing tripe ad nauseum.
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Dec 22, 2013 08:24
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I was listening in to a conversation a couple people were having next to me at the mountain yesterday. The guy had bought an apartment sometime (I didn't hear when) for $315,000 and immediately put $25k into it for a new kitchen and upgrades. He and his wife had to sell it last year after buying a townhouse elsewhere in Whistler and they got $250,000 for it. Then they started talking about how there were "even better deals" in freehold, someone they knew bought a house this year for 2.2 million that had been bought by the previous owner for over 4 million in 2005. They were actually talking like this was the end of it and now you can get great value by spending millions of dollars on freehold property in Whistler, EVEN AFTER they'd been screwed over by the drop themselves.
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Dec 22, 2013 16:29
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^ Oddly, if those same people suffered a similar scale loss buying equities, one imagines they would be thoroughly sickened by the experience and probably never touch the asset class again. Does loss aversion somehow not apply in real estate?
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Dec 22, 2013 18:35
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Lexicon posted:^ Oddly, if those same people suffered a similar scale loss buying equities, one imagines they would be thoroughly sickened by the experience and probably never touch the asset class again. I think the problem is that consumers in the real estate market are orders of magnitude less sophisticated than those who pay attention to equities.
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Dec 22, 2013 19:15
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Cultural Imperial posted:I think the problem is that consumers in the real estate market are orders of magnitude less sophisticated than those who pay attention to equities. True that. I've been helping my parents not get so ripped off in their RRSPs etc, and it's really driving home how unknowledgeable in finance it's possible for otherwise intelligent people to be.
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Dec 22, 2013 21:39
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MAC marketing, the stooges that brought you this poo poo: http://whispersfromtheedgeoftherainforest.blogspot.ca/2013/02/mac-gate-what-actually-happened-here.html ...have gifted us this poo poo: http://i.imgur.com/5E1wtAv.jpg merry xmas rentailures
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Dec 24, 2013 00:36
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Cultural Imperial posted:http://i.imgur.com/5E1wtAv.jpg I love the giant bag of money representing $63k annual household income in 2011, a huge increase from the pitiful $50k in 2001. That's a whopping 26% increase over 10 years! That easily covers the mild increase in detached house prices from a little under $400k in 2001 to holy christ $1.2 million in 2011 goddamn.
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Dec 24, 2013 04:21
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Cultural Imperial posted:MAC marketing, the stooges that brought you this poo poo: http://whispersfromtheedgeoftherainforest.blogspot.ca/2013/02/mac-gate-what-actually-happened-here.html ha ha 
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Dec 24, 2013 04:26
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wait, "tenant's maintenance" is included in the rental costs? I was not aware that tenants were in any way responsible for repairs.
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Dec 24, 2013 04:47
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Yeah, that confused me as well. But hey, inflating the rental numbers to strengthen their case about why you should buy all the houses? Now it makes sense.
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Dec 24, 2013 04:48
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Anecdote time! My wife does foundations and framing for houses and commercial buildings in Winnipeg and her boss was recently saying that the number of housing permits issues since October has plummeted to levels he and his partner haven't seen in a decade. Don't confuse this with the normal winter slowdown, it's apparently something different this time around. Fortunately my wife's job is pretty secure thanks to her being highly experienced in some specialized high end and high efficiency building methods and they should still have work. Other companies that bang out cheaper cookie cutter houses, on the other hand, are going to be really hurting for work. In other news, for 400K you can own a 1 bedroom townhome in luxurious Winnipeg. The 2 bedroom is just over half a million! What a steal!
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Dec 24, 2013 05:09
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Shifty Pony posted:wait, "tenant's maintenance" is included in the rental costs? I was not aware that tenants were in any way responsible for repairs. Yeah one of the advantages of renting is big repairs like replacing a AC or water heater are not the tenant's responsibility. Also other maintenance such as landscaping lawn care and building repairs are also the landlord's responsibility by law. Also renters insurance tends to be fairly cheap by comparison to home insurance especially if the house is in the dreaded flood zone since the amount of coverage is much less since it only covers tenant's property.
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Dec 24, 2013 06:13
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Shifty Pony posted:wait, "tenant's maintenance" is included in the rental costs? I was not aware that tenants were in any way responsible for repairs. Which is why we always get our security deposit back in full. I can't count the number of times I've been threatened with having to pay for one thing or another.
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Dec 24, 2013 06:27
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EvilJoven posted:In other news, for 400K you can own a 1 bedroom townhome in luxurious Winnipeg. The 2 bedroom is just over half a million! What a steal! You can get a 5 bedroom farmhouse on 150 acres of mixed land and forest with a river running through it about 30 minutes outside of Winnepeg for less than $200k. If you're buying a condo instead of that, you're pants on head retarded.
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Dec 24, 2013 07:50
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Shifty Pony posted:wait, "tenant's maintenance" is included in the rental costs? I was not aware that tenants were in any way responsible for repairs. my mind is splattered all over the back of the rented wall in my rented apt.
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Dec 24, 2013 08:23
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Cultural Imperial posted:my mind is splattered all over the back of the rented wall in my rented apt. congrats on losing your security deposit
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Dec 24, 2013 08:36
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cgeq posted:Which is why we always get our security deposit back in full. I can't count the number of times I've been threatened with having to pay for one thing or another. Was this with professional property management services, or with amateur landlords? The latter can be a royal pain but there is no guarantee that the former will be any good either because I've noticed a bunch of pop-up "property management" companies around here lately. It almost reminds me off all the people who rushed out to get their real estate licenses during the big bubble.
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Dec 24, 2013 14:40
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Shifty Pony posted:wait, "tenant's maintenance" is included in the rental costs? I was not aware that tenants were in any way responsible for repairs. It depends on the agreement. The Calgary Housing Company makes the tenant responsible for heater and electrical maintenance, snow shoveling and lawn care and keeping the exterior of the unit clean.
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Dec 24, 2013 16:16
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In Ontario, you cannot use the security deposit for anything other than last month's rent. The landlord also cannot bill you for no-fault repairs - he can only apply for an above guideline rent increase. At fault repairs are a completely unknown variable, obviously.
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Dec 24, 2013 17:03
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The damage deposit is my biggest pet peeve with renting. I'm in BC. The rule here is that the landlord can only keep a portion of the deposit if EITHER: A) The tenant approves a deduction from the deposit IN WRITING, or B) The landlord files a claim with the tenancy branch within 14 days of you moving out, arguing that the damage to the suite goes beyond normal "wear and tear." If the claim is filed more than 14 days after, no deal. A guy at the tenancy board literally said even if I left the apartment a smoking crater, if I didn't consent to them keeping some of the money they would have to file a formal dispute and prove their case. The kicker is that if the landlord doesn't pay you back IN FULL within 14 days of you moving out, then you can file a complaint against them and then the tenancy board will force them to give you double your damage deposit. So the law is totally on the tenant's side here, as it should be, but most people aren't aware of this. I've made money every time I've moved because they've tried to charge me for "vacuuming fees" and stuff
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Dec 24, 2013 21:36
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When I moved into my new place I had to sign a normal lease, then this big list of extra things I was agreeing to. One was that we HAVE to get the blinds professionally cleaned, and they refused to say how much that was. It doesn't matter if they're dirty or not, all tenants must pay to get the lovely aluminum venetian blinds cleaned by some stupid company because just wiping them down is way too hard. I had friends who lived in the same building years ago and apparently they just refused to do this because the blinds looked exactly the same as when they moved in. The landlord also tried to keep the damage deposit because their movers "tracked in some dirt" in the lobby and they claimed they'd need like $700 to clean the entire building's hallways and stairs. Dude's dad was a lawyer so they ended up paying for neither. Anyways, am I hosed since I signed about this blind cleaning? I don't really care unless it's going to be hundreds of dollars, it just seems like a weird thing to demand your tenants do.
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Dec 24, 2013 21:42
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In BC aren't tenants responsible for like, replacing light bulbs? I guess that could count as "tenant's maintenance"? Maybe? That whole renting expense thing is hilarious since all those costs (insurance, maintenance, repairs, etc.) will be demonstrably higher with ownership. Sometimes by a couple orders of magnitude. It's truly amazing that they can show a graph showing some of the highest house prices since 1977 and state that it's a "favourable year to enter the Metro Vancouver housing market". That is some  right there. And people believe it! Amazing how many people still think "buy high sell low" is a good investment philosophy.Baronjutter if you signed the contract, you might be SoL although I really have no idea. I would be very hesitant to sign bullshit "riders" on leases and I've at least heard anecdotes that landlords/property managers will withdraw them if you pushback a little. I think renters underestimate how much clout they have in general, especially if they have a steady income and halfways decent references.
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Dec 24, 2013 22:34
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Baronjutter posted:When I moved into my new place I had to sign a normal lease, then this big list of extra things I was agreeing to. One was that we HAVE to get the blinds professionally cleaned, and they refused to say how much that was. It doesn't matter if they're dirty or not, all tenants must pay to get the lovely aluminum venetian blinds cleaned by some stupid company because just wiping them down is way too hard. Why'd you sign the lease on such a bourgeois shithole without reading it first? I would have put a big rear end X through that section, initialed it and say that either they can do the same or find another tennant.
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Dec 24, 2013 22:38
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Have you ever hand wiped blinds? It blows. It is still something that should be on the landlord but I too have in the past signed a lease saying it would be done. I just used a bathtub full of cleaning solution to clean them instead. My feeling is that if the contract says "professionally cleaned" any level of paid cleaning meets that requirement,but when I priced it blind cleaning is like $10 per window for the fancy ultrasonic version unless you have silly large windows. Way too many tenants think the security deposit is by default forfeit and way too many landlords treat it like a make-ready account for the next tenant. I swear this is especially common among the people who landlord on the side who are loathe to spend a dime of their own money and have no clue what a reasonable lifetime for certain things in a rental is. No you cannot charge full price (or any price) for the replacement of 14 year old carpet.
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Dec 24, 2013 22:58
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Arabidopsis posted:The damage deposit is my biggest pet peeve with renting. I'm in BC. You ... don't sound particularly peeved about this. As a renter in BC, I'm certainly not. rrrrrrrrrrrt posted:Baronjutter if you signed the contract, you might be SoL although I really have no idea. I would be very hesitant to sign bullshit "riders" on leases and I've at least heard anecdotes that landlords/property managers will withdraw them if you pushback a little. I think renters underestimate how much clout they have in general, especially if they have a steady income and halfways decent references. Not really -- the contract comes up for renegotiation at its end (usually one year, but it depends what he signed). At that point, he can do the "strike this conditions or I walk" thing, if he's feeling ballsy enough. It's a risk, though, both in terms of references and not having the hassle of finding and moving into another place. Anyway, cleaning almost certainly won't run more than a hundred bucks or so, so it probably isn't worth the drama.
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Dec 24, 2013 23:00
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Contracts you sign don't overrule whatever is outlined in legislation. A lease agreement that stipulates something that isn't in some way backed up by the RTA is unenforceable. I'm not sure if agreeing to extra cleaning is outlined somewhere because its been a while since I read through it, but if there isn't a specific RTA clause about that then its meaningless.
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Dec 24, 2013 23:58
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| # ? May 10, 2024 00:44 |
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EvilJoven posted:Why'd you sign the lease on such a bourgeois shithole without reading it first? I would have put a big rear end X through that section, initialed it and say that either they can do the same or find another tennant. People still use 'bourgeois'? 
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Dec 25, 2013 00:11
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