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eXXon posted:Ignoring externalities and the various subsidies poured into fossil fuels over the decades/centuries, you mean? There are externalities to 'green' power too, they're just minimized or ignored by the proponents of any given green tech (I am not saying they are BR less, just that they exist) and in either case are just that - externalities. Green power needs to be straight up cost competitive with fossil fuels on the basis of costs that the decision makers are responsible for, for most businesses to do more than a passing attempt at green integration.
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# ? Dec 19, 2014 10:25 |
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# ? Jun 5, 2024 19:44 |
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cowofwar posted:Ethical oil lol Who said anything about ethical? This is a thread about money.
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# ? Dec 19, 2014 13:20 |
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Baudin posted:Price to income and price to rent are good ways of looking at it but are unlikely to convince a lot of older people (re: parents) since they generally look at these kinds of purchases as the cost to carry the debt on a per month basis, which is probably why we're in this situation in the first place. Anecdotally the owners of the 4-plex I live in have been trying to sell it for 4 months. I'm getting tired of strangers traipsing through my house. There is lots of interest but it seems no one wants to pull the trigger.
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# ? Dec 19, 2014 14:22 |
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quote:Re: House price muddle: Bank of Canada provides ‘forward confusion,’ Terence Corcoran, Dec. 12 drat sorry "economists", what do they know.
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# ? Dec 19, 2014 16:02 |
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Bhurak posted:Anecdotally the owners of the 4-plex I live in have been trying to sell it for 4 months. I'm getting tired of strangers traipsing through my house. There is lots of interest but it seems no one wants to pull the trigger. Yep, I do a lot of inspections of that sort - even during the best of times it can take a while for something to sell. Part of the problem in situations like this is the potential buyer ties up the property, does a bunch of due diligence, finds something they don't like and goes back to the vendor for a haircut in the price. Vendor tells them to get lost, and is now back at square one. Everything has to be done again since the due diligence was specific to that potential purchaser. You have my sympathy (please don't take it out on the guys doing the inspection, they really have nothing to do with it). I generally don't do 4 plexs, they're too small and can be done by a residential appraiser, but the same thing applies. e: ^ whenever someone says how their market is unique I get chills. That entire quote is full of it. Baudin fucked around with this message at 16:18 on Dec 19, 2014 |
# ? Dec 19, 2014 16:13 |
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https://twitter.com/BenRabidoux/status/545951685118816256 https://twitter.com/BenRabidoux/status/545947103974137856 Good. gently caress em both.
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# ? Dec 19, 2014 18:08 |
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Yes because Winnipeg is the epitome of a real estate bubble in Canada. Calgary's a different kettle of fish, however.
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# ? Dec 19, 2014 18:32 |
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Listings up 50% y/y is surely a worrying sign for Calgary. It is December, but still.
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# ? Dec 19, 2014 19:37 |
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Friend who's moving to Edmonton for is buying a house ASAP because renting there for even a month or two first would be a month or two of throwing away your money and not building your own equity. He'll be there for 3 years. Hooray military! (this is the same guy who lost about 60k selling his previous military condo, even after the military paid all his soft costs). It's a shame military employees are forbidding from ever renting, which is good because imagine if people who had to move around every few years rented instead of kept buying and selling houses over and over? That just wouldn't work out!
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# ? Dec 19, 2014 19:40 |
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Baronjutter posted:Friend who's moving to Edmonton for is buying a house ASAP because renting there for even a month or two first would be a month or two of throwing away your money and not building your own equity. He'll be there for 3 years. Hooray military! (this is the same guy who lost about 60k selling his previous military condo, even after the military paid all his soft costs) Yeah but at least he wasn't throwing money away like a filthy renter
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# ? Dec 19, 2014 19:41 |
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I shouldn't do math while hungover on deathwish. Rime fucked around with this message at 21:05 on Dec 19, 2014 |
# ? Dec 19, 2014 19:53 |
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Hindsight is always 20/20. You might as well be mad you didn't know yesterday's lottery numbers.
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# ? Dec 19, 2014 19:57 |
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Rime posted:$500 invested in Husky Energy on Monday would have returned $5500 today. Ffffffffuuuuuuuck me for not jumping on that wagon. ...do you mean $550 today? I'm not seeing this 1100% boost.
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# ? Dec 19, 2014 20:37 |
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Rime posted:
The worst part of this post is how drat close I was to dropping a couple of grand into husky. God dammit.
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# ? Dec 19, 2014 22:01 |
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Wilhelm posted:...do you mean $550 today? I'm not seeing this 1100% boost. Yeah it was only a $7 dollar drop per share.
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# ? Dec 19, 2014 23:10 |
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I just wanted to change the tone of this thread and wish everyone happy holidays! LOL gently caress that https://twitter.com/boes_/status/546043546680434689/photo/1
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# ? Dec 19, 2014 23:22 |
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Browsing mls.ca and discovered demographic data! That's $1000/sqft. 1 million dollars for a 2 bedroom 1000sqft ~condo. Look at all those vision lacking rentailures. oic
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# ? Dec 19, 2014 23:39 |
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^ I was curious so I looked that up on Street View. It's actually in my old Vancouver stomping ground of Mount Pleasant. How in the everliving hell is there a million dollar residence in that place? Is it the penthouse or something? That's one of the most unimaginative, if modern looking, buildings in the area.
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# ? Dec 20, 2014 00:06 |
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Yup it's a 'penthouse'. A 1000sqft penthouse.
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# ? Dec 20, 2014 00:09 |
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Cultural Imperial posted:Yup it's a 'penthouse'. If they get anything close to a million for it, all hope is lost. , who am I kidding - that ship sailed long ago!
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# ? Dec 20, 2014 00:20 |
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Baronjutter posted:Friend who's moving to Edmonton for is buying a house ASAP because renting there for even a month or two first would be a month or two of throwing away your money and not building your own equity. He'll be there for 3 years. Hooray military! (this is the same guy who lost about 60k selling his previous military condo, even after the military paid all his soft costs). It's a shame military employees are forbidding from ever renting, which is good because imagine if people who had to move around every few years rented instead of kept buying and selling houses over and over? That just wouldn't work out! Wait, who told you that the Military members are forbidden from renting? Or is that sarcasm? On top of that, members get a post-living differential (usually a pittance though) towards where they live to account for fluctuating costs (which it doesn't).
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# ? Dec 20, 2014 00:29 |
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I'm sarcastic of course, for a job that involves moving every few years it seems like renting would be the most sane system. Even with the handouts they get for soft costs it still usually doesn't make sense to buy, but I've never met a group of people more brainwashed that renting = throwing your money away than military members. I've heard from some of them they actually get sat down in some sort of financial planning course aimed at helping soldiers not gently caress up their finances, and one of the top things is to BUY instead of rent because that's throwing away money. It's mostly about not buying trucks they can't afford and actually saving their money (christ service members are bad with money) but buying is really pushed as a wise financial move and renting a place to live is like renting furniture or payday loans, it's a scam on the poor. Which reminds me, and I've mentioned it before, but I've been hearing more and more "SJW types" and "homeless advocates" push this line as well. All renting is terrible and the only way to build your finances is through home ownership and we need to DO SOMETHING so that everyone can afford to buy. Renting is also humiliating and how can poors ever build their self esteem or feel part of the community unless they have pride of ownership?? It's absolutely infuriating. Yes, poor people and the homeless need more crippling debt!
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# ? Dec 20, 2014 00:44 |
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For people who are idiots with money, buying remains a very good mechanism of forced saving, especially if you're getting your soft costs covered.
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# ? Dec 20, 2014 00:58 |
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Lexicon posted:For people who are idiots with money, buying remains a very good mechanism of forced saving, especially if you're getting your soft costs covered. This is the main reason. By tying people doing with some serious cost mechanisms, idiots don't go buying Mustangs with deployment money. You have no idea how big of a problem it is with idiots buying big ticket items but these are 22 year olds making 55k+, so bad choices happen quick. Though this isnt really unique to the Military, pig rigs and other Fort Mac workers making much more do the same thing. Fiscal problems are a huge issue in the Military, and its often thrown around you are more likely to get released/kicked out for fiscal problems than for any other issue.
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# ? Dec 20, 2014 01:12 |
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Baronjutter posted:Friend who's moving to Edmonton for is buying a house ASAP because renting there for even a month or two first would be a month or two of throwing away your money and not building your own equity. He'll be there for 3 years. Hooray military! (this is the same guy who lost about 60k selling his previous military condo, even after the military paid all his soft costs). It's a shame military employees are forbidding from ever renting, which is good because imagine if people who had to move around every few years rented instead of kept buying and selling houses over and over? That just wouldn't work out! Sorry I don't understand this, why are military employees not allowed to rent? edit: nevermind! maxidious fucked around with this message at 01:43 on Dec 20, 2014 |
# ? Dec 20, 2014 01:41 |
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Holy poo poo have you guys never heard of sarcasm?
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# ? Dec 20, 2014 01:43 |
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quote:
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# ? Dec 20, 2014 01:56 |
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Oh joyquote:• As of the end of the third quarter, 16.9 percent of U.S. homeowners with a mortgage are underwater, down from a peak of 31.4 percent in 2012 Q1. http://www.zillow.com/research/negative-equity-2014-q3-8532/
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# ? Dec 20, 2014 01:59 |
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vancouver_economy.png
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# ? Dec 20, 2014 02:01 |
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maybe they've all been aggressively paying down their debts and bootstrapping themselves out of their financial troubles i'm sure nobody's just been carried to safety on a wave of rising property prices e - that report actually contains a few more hair-raising statistics: quote:The “effective” U.S. negative equity rate, including those homeowners with less than 20 percent equity in their homes, is 35 percent. quote:1.9 percent of owners with a mortgage remain deeply underwater, owing at least twice what their home is worth. LemonDrizzle fucked around with this message at 02:11 on Dec 20, 2014 |
# ? Dec 20, 2014 02:06 |
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Yeah basically the US real estate bubble is starting again since nothing was learned from the 2009 crash.
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# ? Dec 20, 2014 02:55 |
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swagger like us posted:This is the main reason. By tying people doing with some serious cost mechanisms, idiots don't go buying Mustangs with deployment money. You have no idea how big of a problem it is with idiots buying big ticket items but these are 22 year olds making 55k+, so bad choices happen quick. Though this isnt really unique to the Military, pig rigs and other Fort Mac workers making much more do the same thing. Has the military tried not hiring idiots?
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# ? Dec 20, 2014 05:20 |
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Lexicon posted:Has the military tried not hiring idiots? The CF are just like the rest of any government bureacracy, a daycare for remedial adults.
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# ? Dec 20, 2014 05:28 |
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Lexicon posted:Has the military tried not hiring idiots? It has less to do with hiring "inherent idiots" or something and more to do with the military primarily hires young people who are in general immature and unable to handle money well because secondary school spends a shitload of time going over loving trigonometry and calculus but no time going over interest rates or basic finances.
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# ? Dec 20, 2014 07:34 |
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swagger like us posted:It has less to do with hiring "inherent idiots" or something and more to do with the military primarily hires young people who are in general immature and unable to handle money well because secondary school spends a shitload of time going over loving trigonometry and calculus but no time going over interest rates or basic finances. Yes, I imagine that a lot of people who take calculus in high school go into the military.
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# ? Dec 20, 2014 08:13 |
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quote:Buying an investment property while renting: The pros and cons http://www.propertyobserver.com.au/...ns.html?start=1
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# ? Dec 20, 2014 08:16 |
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blah_blah posted:Yes, I imagine that a lot of people who take calculus in high school go into the military. Uhh, I'm pretty sure Aerospace Engineers and Electrical and Mechanical Engineers would probably need calculus yes. Among plenty of other trades. You do know not everyone in the Military is an army grunt right?
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# ? Dec 20, 2014 08:38 |
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Sassafras fucked around with this message at 20:05 on Dec 20, 2014 |
# ? Dec 20, 2014 08:44 |
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swagger like us posted:Uhh, I'm pretty sure Aerospace Engineers and Electrical and Mechanical Engineers would probably need calculus yes. Among plenty of other trades. You do know not everyone in the Military is an army grunt right? Not everyone who goes to university takes calculus in high school.
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# ? Dec 20, 2014 08:53 |
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# ? Jun 5, 2024 19:44 |
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swagger like us posted:It has less to do with hiring "inherent idiots" or something and more to do with the military primarily hires young people who are in general immature and unable to handle money well because secondary school spends a shitload of time going over loving trigonometry and calculus but no time going over interest rates or basic finances. The recent NS Education report recommended greatly increasing the amount of time school's allocate towards life-skill stuff such as planning budgets, how loans/ mortgages work, how to save money, etc Also some stuff about how rural areas have much higher rates of IPP (Individualized Program Plan) than urban, which caused a lot of people to assume that rural students and their rural teachers are super dumb (instead of everyone just acknowledging the fact that rural areas have lower student populations and therefore more time to recognize student needs, rather than teachers in the city who have 5 classes of 30 students, half of who's names they don't know by the end of the year )
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# ? Dec 20, 2014 12:34 |