OhYeah posted:

I'm on fire!

JibberJabberwocky posted:

https://ca.news.yahoo.com/homeless-man-finds-forgotten-bank-account-with-enough-money-for-a-house-085648857.html

I get that this is a person who actually probably could not easily get an apartment rented to him and who made a decision that depending on area might be quite valid. But when I see "sudden windfall of money, better buy a house", it still seems wrong.

I managed to persuade family members NOT to buy a house in the rear end end of nowhere as a flipping investment, and to put their money into, you know, actual investments. It is a losing battle though and I watch school friends buy houses in horrible places.

Like, what I can't drive home is that the analysis of whether or not buying a house will "save you money" is just that, a mathematical analysis. You can figure out, at least to a reasonable degree of accuracy, whether it is a better deal for you to rent vs. own, by figuring the comparable costs. It is not always presumptively true that owning is better than renting. EVEN if you buy and own your house/condo/whatever with no mortgage, it is not presumptively true that the effect on your net worth will be more positive than renting and investing.

It is just people are not willing to calculate the chance lost on the money sunk into a house - because houses can only go up, and only by far more than any other investment platform, of course.

Only and always up uP UP!

OhYeah posted:

https://www.youtube.com/watch?v=NI7As3rOogo

PS. Please don't consider me a misogynist. I'm just speaking in the context of my country where HR departments seem to be exclusively run by those kind of girls. Really, I don't hate women. Some of my best friends are women. *

* Dropped in another somewhat obscure (if you are a moron) reference. I'm on fire!

OhYeah posted:

PS. Please don't consider me a misogynist.

quote:

VANCOUVER (NEWS1130) – BC had Canada’s biggest retail sales gain in February, with figures from Statistics Canada today showing an 11.8 per cent increase from a year earlier — its first double-digit gain in years — and a 5.9 per cent increase from the previous month.

Retailers in this province racked up $5.9 billion of sales. Stats Can says BC experienced “widespread gains across most store types.”

Nationwide, there was a better-than-expected rise in retail sales: 2.5 per cent from a year earlier to $42.2 billion.

Stats Can says “Gains were widespread as all 11 retail subsectors reported higher sales,” with new motor vehicles increasing after four months of declines.

The biggest percentage gain was at sporting goods stores, which were up 8.4 per cent, while department stores rose 1.9 per cent.

An Angry Bug posted:

Cultural Imperial posted:

It's time I did some rich hatin' this week


http://m.news1130.com/2015/04/17/bc-had-biggest-retail-sales-gain-in-the-country-in-february-stats-can/

OhYeah posted:

I don't know about that smiley, it looks kind of disquieting.

But seriously, do you I have to now prove to you that I'm not, in fact, a misogynist? I have never ever seen that been successfully done on an internet forum.

ocrumsprug posted:

Much like tax brackets are the unknowable sorcery of tax time, so to is opportunity cost to home ownership. (Maintainence, property taxes and strata fees as well.)

If you search this thread I am pretty sure you'll find a post where someone poo-pooed the cost delta between rent/owning since you would just spend the difference on iPhones anyways. There's a certain elegance to that argument.

AVeryLargeRadish posted:

*Is literally a giant, steaming turd* Hay guies, how can I prove I'm not a huge piece of poo poo???

OhYeah posted:

Seriously, where is this coming from? Because I made a comment based on not only personal experience but several people working in the same field? What the gently caress do you know about the location where I'm from, how things are run here (for better or for worse)? gently caress-all. Because I said that I have noticed that certain positions in certain companies - some of whom I know personally - have been filled with certain people I get labelled a "giant, steaming turd"?

Stick to talking about Canadian real estate and stop labelling people, jumping to conclusions an being a general tosser. It's fine to call out someone on a bad joke, but what you did is loving moronic.

OhYeah posted:

Stick to talking about Canadian real estate and stop labelling people,

OhYeah posted:

Seriously, where is this coming from? Because I made a comment based on not only personal experience but several people working in the same field? What the gently caress do you know about the location where I'm from, how things are run here (for better or for worse)? gently caress-all. Because I said that I have noticed that certain positions in certain companies - some of whom I know personally - have been filled with certain people I get labelled a "giant, steaming turd"?

Stick to talking about Canadian real estate and stop labelling people, jumping to conclusions an being a general tosser. It's fine to call out someone on a bad joke, but what you did is loving moronic.

Baronjutter posted:

That's great, people's incomes must be up and the economy doing well.

AVeryLargeRadish posted:

You said a bunch of misogynistic poo poo, pretty much everyone who commented on your dumb post called you on it, if you want to know who to blame here look in the mirror buddy.

"If you run into an rear end in a top hat you just ran into an rear end in a top hat, if you run into nothing but assholes you're the rear end in a top hat."

quote:

Canada March Core Inflation Fastest in More Than Six Years

by Greg Quinn, bloomberg.com
April 17

Canada’s core inflation rate was the fastest in more than six years in March, led by rising costs for everything from a text message to fresh meat and a new car.

The core consumer price index, which excludes gasoline and seven other items with volatile prices, quickened to 2.4 percent from 2.1 percent in February, the fastest since November 2008, Statistics Canada reported Friday from Ottawa.

The Bank of Canada policy makers predicted on Wednesday inflation will return to target in the first quarter of 2016, about a year earlier than they forecast in January, citing a weaker currency that is making imports more expensive.

“Today’s data lends support to the Bank of Canada’s fresh bias, but there’s a lot of data still to be covered,” said Derek Holt, Scotiabank’s vice-president of economics.

Total inflation accelerated to 1.2 percent from 1 percent. Economists predicted core and total inflation would rise 2.1 percent and 1 percent, according to median forecasts in Bloomberg surveys.

The central bank kept its key lending rate at 0.75 percent this week for a second meeting after a surprise January cut. The economy is gaining momentum after a plunge in oil prices caused first-quarter output to stall, the bank said.

Passenger vehicle prices swung to a 1.8 percent rise in March from a year earlier after falling at a 1 percent pace in February. Meat costs rose 11.8 percent and telephone services by 6.3 percent, Statistics Canada said.

Core Rate

Canada’s currency appreciated after the inflation report, climbing as much as 0.8 percent to C$1.2088 per U.S. dollar, the strongest since Jan. 21. Yields on benchmark government two-year bonds rose 4 basis points to 0.62 percent, the third straight increase.

The central bank sets interest rates to keep inflation in the middle of a 1 percent to 3 percent band. The core rate has exceeded 2 percent since August. The total inflation rate is down from 2.4 percent in October.

The Bank of Canada’s latest forecast boosted the path of inflation over the next year, to 1 percent in the first quarter from a January prediction of 0.5 percent. Consumer price gains will slow to 0.8 percent in the second quarter and quicken to 2.1 percent at the start of 2016, according to this week’s Monetary Policy Report.

Gasoline fell 19.2 percent in March from 12 months earlier, less than the February pace of 21.8 percent, Statistics Canada said. On a monthly basis, gasoline costs rose 6.3 percent in March after February’s 9.4 percent increase.

Exceeds Forecasts

Excluding gasoline, the inflation rate rose 2.2 percent in March from 12 months earlier, the same pace as in February.

On a monthly basis, total inflation rose 0.7 percent in March and the core rate rose 0.6 percent. Both increases exceeded economist forecasts for gains of 0.6 percent and 0.3 percent.

Seasonally adjusted inflation rose 0.4 percent in March for both total and core.

Governor Stephen Poloz has said inflation is being hit by several pressures including a weaker currency that makes imported goods more expensive, the drop in energy prices and industry-specific changes in costs for meat and telecommunications services. Prices are also being held down by the significant slack in the economy that won’t disappear until the end of next year, the bank said this week.

OhYeah posted:

What was the bunch of "misogynistic stuff" that I said? Listen, I've got a some news to tell you. Rich, well-connected and good-looking women don't need your protection on an internet forum. They're fine.

Instead, let me ask you one simple thing. What was the last, even the smallest thing you did to help (in any way or form) a woman who has suffered from mental or physical abuse? There was a courtcase just recently where the charges were dropped under dubious circumstances regarding an attempted group rape of a underage girl. I wrote to the judges, the prosecutor and a member of the parliament who I voted for in the last election, a former minister. I talked to my colleagues and urged them to do the same.

Whenever my friend sends me buzzfeed-style articles regarding "men's rights groups", I tell him piss off. I'm living together with a woman who is smarter than me, more educated than me but sadly not earning more than me. I have no problem admitting that. I have a beautiful, smart and independent step-daughter whose confidence I've tried to boost every way I can so she wouldn't settle for anything mediocre. Seems to be working because she's 16 and living literally across the globe alone in a completely foreign environment by herself, months at a time.

Most of my friends in high-school were girls, most of my colleagues now are women. Even my two cats are female. But I guess you guys saw right through me, the cruel women-hater that I am.

Cultural Imperial posted:

http://www.bloomberg.com/news/articles/2015-04-17/canada-march-core-inflation-is-fastest-in-more-than-six-years

This is really good news. Time for a rate hike right?

OhYeah posted:

What was the bunch of "misogynistic stuff" that I said? Listen, I've got a some news to tell you. Rich, well-connected and good-looking women don't need your protection on an internet forum. They're fine.

Instead, let me ask you one simple thing. What was the last, even the smallest thing you did to help (in any way or form) a woman who has suffered from mental or physical abuse? There was a courtcase just recently where the charges were dropped under dubious circumstances regarding an attempted group rape of a underage girl. I wrote to the judges, the prosecutor and a member of the parliament who I voted for in the last election, a former minister. I talked to my colleagues and urged them to do the same.

Whenever my friend sends me buzzfeed-style articles regarding "men's rights groups", I tell him piss off. I'm living together with a woman who is smarter than me, more educated than me but sadly not earning more than me. I have no problem admitting that. I have a beautiful, smart and independent step-daughter whose confidence I've tried to boost every way I can so she wouldn't settle for anything mediocre. Seems to be working because she's 16 and living literally across the globe alone in a completely foreign environment by herself, months at a time.

Most of my friends in high-school were girls, most of my colleagues now are women. Even my two cats are female. But I guess you guys saw right through me, the cruel women-hater that I am.

ZShakespeare posted:

Jesus can we get this sick filth out of this thread and go back to talking about how much we hate people who are marginally more wealthy than the rest of us?

Cultural Imperial posted:

Seriously I think we've reached a point in capitalism where we are post-money.

2 br available in my building for 700k. lol

Here's how much people in my neighborhood make.

OhYeah posted:

What was the bunch of "misogynistic stuff" that I said? Listen, I've got a some news to tell you. Rich, well-connected and good-looking women don't need your protection on an internet forum. They're fine.

Instead, let me ask you one simple thing. What was the last, even the smallest thing you did to help (in any way or form) a woman who has suffered from mental or physical abuse? There was a courtcase just recently where the charges were dropped under dubious circumstances regarding an attempted group rape of a underage girl. I wrote to the judges, the prosecutor and a member of the parliament who I voted for in the last election, a former minister. I talked to my colleagues and urged them to do the same.

Whenever my friend sends me buzzfeed-style articles regarding "men's rights groups", I tell him piss off. I'm living together with a woman who is smarter than me, more educated than me but sadly not earning more than me. I have no problem admitting that. I have a beautiful, smart and independent step-daughter whose confidence I've tried to boost every way I can so she wouldn't settle for anything mediocre. Seems to be working because she's 16 and living literally across the globe alone in a completely foreign environment by herself, months at a time.

Most of my friends in high-school were girls, most of my colleagues now are women. Even my two cats are female. But I guess you guys saw right through me, the cruel women-hater that I am.

OhYeah posted:

Seriously, where is this coming from? Because I made a comment based on not only personal experience but several people working in the same field? What the gently caress do you know about the location where I'm from, how things are run here (for better or for worse)? gently caress-all. Because I said that I have noticed that certain positions in certain companies - some of whom I know personally - have been filled with certain people I get labelled a "giant, steaming turd"?

Stick to talking about Canadian real estate and stop labelling people, jumping to conclusions an being a general tosser. It's fine to call out someone on a bad joke, but what you did is loving moronic.

AVeryLargeRadish posted:

Keep on digging that hole Mr. "Women who work in HR are all dumb whores who hosed their way to the top"

Ervin K posted:

Okay, I have a question: Are you just trying to satirize other people on the internet who make retarded defenses of their own sexism? This is a serious question, I honestly can't tell.

tsa posted:

People here are idiots it's pretty simple.

OhYeah posted:

No.

Ervin K posted:

Ah ok, I was going to say that your satire is over hyperbolic and even most actual sexists are way more self aware than this but nevermind I guess.

Cultural Imperial posted:

Shut the gently caress up you idiots

http://www.financialpost.com/m/wp/news/blog.html?b=business.financialpost.com/personal-finance/family-finance/allentuck-saturday-april-18&pubdate=2015-04-17 posted:

Buying a house is probably the better investment strategy. It would be leveraged on a mortgage loan at what would be low rates for at least several years, would provide shelter and could be sold with no tax on the capital gain on a principal residence. Frances would have to return to employment to help pay for it and they would be house poor for a long time. If they rent, they will have abundant liquid capital, lots of choices for their children, yet they will be at the mercy of rent increases, potential evictions and the inability to take capital gains on the property they occupy.

OhYeah posted:

Still better than the Eastern Europe thread. Once the OPer came back to find 500 new posts about cheese and homosexuals. He thought possibly the 3rd World War had started while he was gone.