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I love every one of those articles. "It's true we own a farm of geese that lay golden eggs, but you know, that doesn't stretch very far when you have to pay for a second house and a live-in servant staff and private tutoring from nobel prizewinners for the kids, not to mention the maintenance and flight costs for the annual getaway to our private island. The cost of living in this town is ridiculous."
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Mar 22, 2015 15:31
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What happens when someone fails to pay their condo starta fees? Do they get "evicted" from a place that they own? When I look at how that particular expense balloons over the first few years of a condo's lifetime I seriously question just how useful it is to buy one in the first place. You're basically paying rent for a place you own.
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Mar 22, 2015 15:49
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Kraftwerk posted:What happens when someone fails to pay their condo starta fees? Do they get "evicted" from a place that they own? When I look at how that particular expense balloons over the first few years of a condo's lifetime I seriously question just how useful it is to buy one in the first place. You're basically paying rent for a place you own. Presumably it's the same as any other unpaid bill. Credit rating gets hosed, collections may be involved etc.
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Mar 22, 2015 15:57
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Peel posted:I love every one of those articles.  Reminds me of this,https://www.youtube.com/watch?v=D8wiudhAhaA&t=492s 8:12 if the timestamp isn't working
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Mar 22, 2015 16:03
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I think we hit "peak dumb NP finance people" with that $300k a year family that worked two days a week.
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Mar 22, 2015 16:05
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Kraftwerk posted:What happens when someone fails to pay their condo starta fees? Do they get "evicted" from a place that they own? When I look at how that particular expense balloons over the first few years of a condo's lifetime I seriously question just how useful it is to buy one in the first place. You're basically paying rent for a place you own. The strata can put a lien against your condo. If the unpaid fees get large enough they could probably go to court to force a sale.
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Mar 22, 2015 16:19
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Kraftwerk posted:You're basically paying rent for a place you own. People love to look at it this way and say you're throwing your money away if you live in a condo. This isn't really so, though, because the condo fees cover a lot of stuff that you'd be paying for yourself in a detached house. My condo fees cover snow removal in the winter, lawn mowing in the summer, gardening, making sure the exterior windows of the building are clean, maintenance for the exercise equipment and hot tub, use of the same, cleaning of the garage, and any sort of maintenance that has to be done on the building itself (plumbing, electrical, fire systems, security systems). It's not a bad deal at all.
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Mar 22, 2015 16:26
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PT6A posted:People love to look at it this way and say you're throwing your money away if you live in a condo. This isn't really so, though, because the condo fees cover a lot of stuff that you'd be paying for yourself in a detached house. My condo fees cover snow removal in the winter, lawn mowing in the summer, gardening, making sure the exterior windows of the building are clean, maintenance for the exercise equipment and hot tub, use of the same, cleaning of the garage, and any sort of maintenance that has to be done on the building itself (plumbing, electrical, fire systems, security systems). It's not a bad deal at all. Ok that's fair. But I'm told most of the condo boards are pretty much woefully incompetent which means the building either falls into disrepair or they can't sort out the condo's finances.
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Mar 22, 2015 16:41
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Kraftwerk posted:Ok that's fair. But I'm told most of the condo boards are pretty much woefully incompetent which means the building either falls into disrepair or they can't sort out the condo's finances. It depends. I can only judge by the one I'm living in now, and while I don't agree with everything they do, the building is very well-maintained and the financials are strong. I attend the AGM every year, and actually pay attention to what's going on. We had a special assessment the other year for a new emergency power system and better pumping systems in the basement. It was $1700 for me, which I wasn't happy about, but then the next year the big floods hit and everything worked marvellously here. The only problem is that the backup generators don't power the ventilation system in the garage, so even if it's lit and you can get in and out, you can't actually use your car because the CO builds up to dangerous levels. I got the gently caress out of dodge the night of that underground fire, but everyone that waited until the next afternoon had their cars stuck in the garage.
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Mar 22, 2015 16:45
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Kraftwerk posted:Ok that's fair. But I'm told most of the condo boards are pretty much woefully incompetent which means the building either falls into disrepair or they can't sort out the condo's finances. Yup, you're simply hosed if there's no one experienced with maintaining property sitting in the board. If you're buying an old condo you can mitigate against this by looking into the finances but if you're buying into a condo which is recently built (or not built at all) you're essentially playing roulette with the investment of your life.
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Mar 22, 2015 16:45
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http://www.macleans.ca/economy/economicanalysis/canadas-population-is-getting-older-faster-than-we-thought/ Canada's population is aging faster than orginally thought.
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Mar 22, 2015 18:05
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Spiteful baby boomers are now aging at the rate of 1.5 years per annum, getting sick and costing our health care system billions but still refusing to retire or die or stop voting Conservative.
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Mar 22, 2015 18:16
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Cultural Imperial posted:http://www.macleans.ca/economy/economicanalysis/canadas-population-is-getting-older-faster-than-we-thought/
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Mar 22, 2015 18:44
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unlimited shrimp posted:Stats like these seem really important. It's a shame we don't have some sort of national program in place for systematically acquiring and recording information about the members of a given population. and violate your privacy???????????????????????????????????????????????????
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Mar 22, 2015 18:46
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On the topic of Steve-O Harper's gutting of the census. http://www.macleans.ca/economy/economicanalysis/did-losing-the-long-form-census-weaken-canadas-jobs-data/ quote:Did losing the long-form census weaken Canada’s jobs data?  quote:I have a pretty good idea why Statistics Canada discarded its own expensive National Household Survey for designing the Labour Force Survey: The response rate from the National Household Survey is low, and varies strongly within regions. As one example, above is a map made by Dwight Follick that compares the response rate at the “dissemination area” level for Toronto from the 2006 long-form census and the 2011 National Household Survey. Similar maps are available from Follick for Montreal, Ottawa, London, Calgary, Edmonton and Vancouver. The pictures aren’t pretty; the response rate fell dramatically, rendering the results of the National Household Survey much less reliable.
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Mar 22, 2015 18:55
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HookShot posted:I think we hit "peak dumb NP finance people" with that $300k a year family that worked two days a week. Yeah, that will never be topped. But we shouldn't allow them to shift the goalposts like that. We should still be able to laugh at garden-variety idiots-with-money.
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Mar 22, 2015 21:03
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apatheticman posted:Every time I click on one of those they have a defined benefit plan. They always have massive travel and food budgets as well. $12,000 a year for a young couple? And they spend $1000 a month on food for 2 people + the same on restaurants. One or the other is super-eye raising, both is just nuts. I know Canada is a little pricier than the U.S., but come on.
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Mar 22, 2015 22:19
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Guys you're not reading between the lines here. $1000/month for "eating out" is code for $1000/month for drugs.
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Mar 22, 2015 22:25
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Cultural Imperial posted:http://www.macleans.ca/economy/economicanalysis/canadas-population-is-getting-older-faster-than-we-thought/ If only we had a way of tracking our country's population growth and demographics through some sort of census...
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Mar 23, 2015 01:11
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Wasn't sure if this was more appropriate for this thread, or the regular CanPol thread. Vancouver.jpg  DSCF3510-Edit.jpg by Brian.M.K, on Flickr
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Mar 23, 2015 01:38
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ChipNDip posted:They always have massive travel and food budgets as well. $12,000 a year for a young couple? And they spend $1000 a month on food for 2 people + the same on restaurants. One or the other is super-eye raising, both is just nuts. I know Canada is a little pricier than the U.S., but come on. $12,000 per year is a lot for travel, I guess, but it's not that hard to do. Travel is insanely expensive. My girlfriend and I will have probably spent, by the end of April, somewhere around $40,000 on travel during the previous year. The 1-week liveaboard scuba trip we took in the Galapagos was close to $14,000 for the two of us alone. Not that this is sustainable behavior, but I say when you're young you ought to take advantage of your spryness and travel as much as you can.
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Mar 23, 2015 01:40
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Rot posted:Vancouver.jpg Hey, it's my old neighborhood.
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Mar 23, 2015 01:45
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Rot posted:Wasn't sure if this was more appropriate for this thread, or the regular CanPol thread. I didn't see the N plate at first, so I thought you were mistaken, but then when I located I realized that this was indeed Peak Vancouver.
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Mar 23, 2015 01:51
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PT6A posted:Peak Vancouver. It sure is: - rain - condos as far as the eye can see - yuppy all expeditioned-out, complete with walking poles, marching towards Whole Foods - $400,000 car with garrish vinyl and N tag, parked on the street Rot fucked around with this message at 02:01 on Mar 23, 2015 |
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Mar 23, 2015 01:57
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I just saw a commercial for a show called Game of Homes, where apparently they're going to lift and then barge a bunch of houses to Vancouver, renovate them and then sell them. I assume there's some sort of competition element too. I want very much for everyone in creating and promoting that idea to die a painful death.
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Mar 23, 2015 02:14
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PT6A posted:I just saw a commercial for a show called Game of Homes, where apparently they're going to lift and then barge a bunch of houses to Vancouver, renovate them and then sell them. I assume there's some sort of competition element too.
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Mar 23, 2015 02:22
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Oakland Martini posted:$12,000 per year is a lot for travel, I guess, but it's not that hard to do. Travel is insanely expensive. My girlfriend and I will have probably spent, by the end of April, somewhere around $40,000 on travel during the previous year. The 1-week liveaboard scuba trip we took in the Galapagos was close to $14,000 for the two of us alone. Not that this is sustainable behavior, but I say when you're young you ought to take advantage of your spryness and travel as much as you can. Holy jesus. Please tell me you have zero debt and just make a fuckton and/or rich parents.
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Mar 23, 2015 02:41
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Oakland Martini posted:$12,000 per year is a lot for travel, I guess, but it's not that hard to do. Travel is insanely expensive. My girlfriend and I will have probably spent, by the end of April, somewhere around $40,000 on travel during the previous year. The 1-week liveaboard scuba trip we took in the Galapagos was close to $14,000 for the two of us alone. Not that this is sustainable behavior, but I say when you're young you ought to take advantage of your spryness and travel as much as you can. lol
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Mar 23, 2015 02:45
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Stop rich hating you poors
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Mar 23, 2015 02:59
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PT6A posted:I just saw a commercial for a show called Game of Homes, where apparently they're going to lift and then barge a bunch of houses to Vancouver, renovate them and then sell them. I assume there's some sort of competition element too. Yeah they were filming this down where the Cirque Du Soliel sets up by Science World, back in the early fall last year. I'm fairly certain they demolished all the houses regardless of what the show claims though. Either way it's a loving horrific waste of resources by every conceivable measure.  Oakland Martini posted:$12,000 per year is a lot for travel, I guess, but it's not that hard to do. Travel is insanely expensive. My girlfriend and I will have probably spent, by the end of April, somewhere around $40,000 on travel during the previous year. The 1-week liveaboard scuba trip we took in the Galapagos was close to $14,000 for the two of us alone. Not that this is sustainable behavior, but I say when you're young you ought to take advantage of your spryness and travel as much as you can. HTH: $40k would let you comfortably live like a king for a good half a decade in most of the world. Travel isn't insanely expensive in the slightest, "travelling" like a nouveau-riche dumbass and pissing money into the wind sure is though. 
Rime fucked around with this message at 03:13 on Mar 23, 2015 |
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Mar 23, 2015 03:07
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Oakland Martini posted:$12,000 per year is a lot for travel, I guess, but it's not that hard to do. Travel is insanely expensive. My girlfriend and I will have probably spent, by the end of April, somewhere around $40,000 on travel during the previous year. The 1-week liveaboard scuba trip we took in the Galapagos was close to $14,000 for the two of us alone. Not that this is sustainable behavior, but I say when you're young you ought to take advantage of your spryness and travel as much as you can. Can't you use research funding to pay for this or something?
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Mar 23, 2015 03:08
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Oakland Martini posted:$12,000 per year is a lot for travel, I guess, but it's not that hard to do. Travel is insanely expensive. My girlfriend and I will have probably spent, by the end of April, somewhere around $40,000 on travel during the previous year. The 1-week liveaboard scuba trip we took in the Galapagos was close to $14,000 for the two of us alone. Not that this is sustainable behavior, but I say when you're young you ought to take advantage of your spryness and travel as much as you can.
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Mar 23, 2015 03:31
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I guess I should have said that scuba diving at the world's best sites is expensive, ha. If you want to dive with whale sharks and thousands of hammerheads at Darwin's Arch in the Galapagos, you're paying 7 large per person (with the CAD in the shitter as it is) or you're not going at all --- there are only three boats that do it and they're all insanely overpriced. Regardless, I'm not going to apologize for diving in Australia, the Galapagos, Borneo, and Indonesia in the same year  The rest of the time our travel is pretty rustic; out of the month we spent in Australia over the summer the vast majority was a camping road trip.Zero debt, no kids (obviously), both make six figures. I did pay for my first trip to Borneo mostly out of research funds, but I have yet to figure out how to expense a liveaboard trip. I need to find a few macroeconomists who dive and set up a "conference" I guess. Oakland Martini fucked around with this message at 03:38 on Mar 23, 2015 |
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Mar 23, 2015 03:34
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unlimited shrimp posted:Satire is cool & good Ok, maybe I exaggerated. Looking at my travel expense spreadsheets it was closer to $30K.
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Mar 23, 2015 03:35
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quote:Scuba is expensive, ha. ha
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Mar 23, 2015 03:35
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Oakland Martini posted:Zero debt, no kids (obviously), both make six figures. Despite the fact you appear to be in the perfect financial position to do this if it floats your boat, expect people to still be angry about it, because no matter what anyone says, there's a lot of jealousy in this thread.
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Mar 23, 2015 03:39
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Oakland Martini posted:Zero debt, no kids (obviously), both make six figures. I did pay for my first trip to Borneo mostly out of research funds, but I have yet to figure out how to expense a liveaboard trip. I need to find a few macroeconomists who dive and set up a "conference" I guess. Man, TT jobs pay 6 figures? I assumed they were more in the 75-90k range. Must be nice to go into a field that actually has a path from grad school -> TT job without languishing in postdoc hell for a while.
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Mar 23, 2015 03:50
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PT6A posted:Despite the fact you appear to be in the perfect financial position to do this if it floats your boat, expect people to still be angry about it, because no matter what anyone says, there's a lot of jealousy in this thread. Yeah. If I had that kind of resources (and had already covered my bases!), I'd probably want to throw money around like a madman, too. We all have our own priorities, though. E: VVVV: 
David Corbett fucked around with this message at 04:40 on Mar 23, 2015 |
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Mar 23, 2015 03:50
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Jealous? As if.. You probably flew coach
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Mar 23, 2015 03:51
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blah_blah posted:Man, TT jobs pay 6 figures? I assumed they were more in the 75-90k range. Must be nice to go into a field that actually has a path from grad school -> TT job without languishing in postdoc hell for a while. Econ has some good outside options that push salaries up, what can I say? My gf has a phd too but is in the private sector, actually just started a data science thing like you do if I remember correctly.
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Mar 23, 2015 03:56
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