|
Rime posted:This is a complete myth that has been perpetuated by endless streams of lovely blogspam and clickbait sites. Most of these cities now have healthy populations, and even the South China Mall is doing roaring trade. I think once you realize a developer just built a brand new city for about a million people, in one go, you can logically accept that anything is possible.
|
# ? Sep 28, 2015 14:58 |
|
|
# ? May 15, 2024 01:22 |
|
Rime posted:This is a complete myth that has been perpetuated by endless streams of lovely blogspam and clickbait sites. Most of these cities now have healthy populations, and even the South China Mall is doing roaring trade. You mean that people's extremely confident and matter of fact posts might be backed up by something other than stalwart research?
|
# ? Sep 28, 2015 16:35 |
|
My 65-year-old father and his wife live in a small Southern Ontario city and have a completely paid-off bungalow worth about $230,000. It's a nice house that's been well-maintained and upgraded, single level living, enough room for guests, close to amenities, affordable property taxes - exactly what you'd want if you were a working class Baby Boomer couple with growing mobility issues poised to retire this year. As someone who lives in another province and whose work often involves seniors' health care, it's always been a load off my mind to know they have a house where they can likely live independently for many years to come while saving enough to leave themselves the option of private care in the future. So of course my dad calls me today to tell me how he just put 10% down on a $400,000 two-bedroom cottage three and a half hours away that is only habitable in the summer months. I ventured that for only a portion of the money they'd be putting towards that place, they could probably afford several nice vacations a year, including during the winter when they might actually be wanting to get away. His response: "Those vacations wouldn't be an investment!"
|
# ? Sep 28, 2015 20:53 |
|
Giant Goats posted:My 65-year-old father and his wife live in a small Southern Ontario city and have a completely paid-off bungalow worth about $230,000. It's a nice house that's been well-maintained and upgraded, single level living, enough room for guests, close to amenities, affordable property taxes - exactly what you'd want if you were a working class Baby Boomer couple with growing mobility issues poised to retire this year. Holy crap this reads eerily similar to my parents. Except they see the housing bubble for what it is and wouldnt even consider using property as an investment.
|
# ? Sep 28, 2015 21:50 |
|
My parents want to sell their large house and move into a smaller house in a more affordable area.
|
# ? Sep 28, 2015 22:09 |
My parents have downgraded housing three times in the last five years and are living off the income. Their current condo is worth $500k, their old oceanfront house in Deep Cove that they had in 2010 is worth about $1,500,000 now. They sold for $900k. They just turned 70 and can maybe downgrade one more time before they're broke.
|
|
# ? Sep 28, 2015 22:27 |
|
My parents are doing minor renovations to the same townhouse they've lived in since '87.
|
# ? Sep 28, 2015 22:34 |
|
My parents were sacrificed to the god Mammon.
|
# ? Sep 28, 2015 22:35 |
|
I've managed to talk my parents away from the cliff of buying another home. They're now watching and waiting for the market to turn while they rent. I win this thread.
|
# ? Sep 28, 2015 22:43 |
|
That's what I meant.
|
# ? Sep 28, 2015 22:44 |
|
I have no parents, I birthed myself.
|
# ? Sep 28, 2015 22:51 |
|
this is the only canada thread?
ehhhhhhnnnnnn fucked around with this message at 01:02 on Sep 29, 2015 |
# ? Sep 29, 2015 00:46 |
|
ehhhhhhnnnnnn posted:Hi, just wanted to pop in to say they didn't let Elizabeth May into this debate because she'd mop the floor with everybody. I also saw the Canada tag and decided to post about something completely unrelated.
|
# ? Sep 29, 2015 00:48 |
|
32MB OF ESRAM posted:My parents want to sell their large house and move into a smaller house in a more affordable area. My parents are planning to sell their big house, and move into a downtown penthouse that's worth about the same amount. I think it's a pretty good call, and it's going to make the discussion about, "y'all are too goddamn old to drive!" a lot easier in a decade or two. They also are selling their vacation house, because they finally realized that, after upkeep on that is all paid for, they could take wicked vacations somewhere that isn't in the precise middle-of-nowhere BC.
|
# ? Sep 29, 2015 01:36 |
|
My parents live in America. I'm just in Canada to take advantage of how your government pays 60% of all film-industry salaries. Thanks, taxpayers. Though that program is also likely to crash if the housing bubble crashes and provincial governments have to cut costs somewhere...
|
# ? Sep 29, 2015 01:39 |
|
My mom keeps talking about a loving float home
|
# ? Sep 29, 2015 01:40 |
|
ehhhhhhnnnnnn posted:this is the only canada thread? One thread can pretty much cover everything about this country.
|
# ? Sep 29, 2015 01:47 |
|
THC posted:My mom keeps talking about a loving float home Sea levels can only go up!
|
# ? Sep 29, 2015 02:05 |
|
ehhhhhhnnnnnn posted:this is the only canada thread? There's a Blackberry deathpool thread in YOSPOS.
|
# ? Sep 29, 2015 02:06 |
|
PT6A posted:My parents are planning to sell their big house, and move into a downtown penthouse that's worth about the same amount. I think it's a pretty good call, and it's going to make the discussion about, "y'all are too goddamn old to drive!" a lot easier in a decade or two. They also are selling their vacation house, because they finally realized that, after upkeep on that is all paid for, they could take wicked vacations somewhere that isn't in the precise middle-of-nowhere BC. My parents were looking into condo livin' too, but I think they settled on a 1 storey. They like keeping a garden but won't miss the lawn.
|
# ? Sep 29, 2015 02:07 |
|
ehhhhhhnnnnnn posted:this is the only canada thread? There's a whole forum for that poo poo.
|
# ? Sep 29, 2015 03:47 |
|
32MB OF ESRAM posted:My parents were looking into condo livin' too, but I think they settled on a 1 storey. They like keeping a garden but won't miss the lawn. Yeah, my parents like their current place, but being able to walk to the grocery store, restaurants, bars, theaters and so on is just too tempting (and I must say that I agree). That simply doesn't exist in a "house" format. I expect they might miss their garden, but the suburbs is no place to grow old. Not to mention the convenience of "lock the front door and go" for vacations. Also, now they'll be within walking distance so we can have dinner together (which we do a few times per month because my parents are awesome and I love them deeply), but not so close that anyone will drop by unannounced.
|
# ? Sep 29, 2015 04:29 |
|
http://www.theglobeandmail.com/report-on-business/economy/household-debt-rises-at-fastest-pace-in-nearly-three-years/article26572223/quote:
good job idiots
|
# ? Sep 29, 2015 06:35 |
|
http://www.vancitybuzz.com/2015/09/dontneed1million-busting-myth-need-1million-buy-home-vancouver/quote:
loving lol Adjust your expectations u guys. Vancouver is for winners not losers FYI river district is a development on the north bank of the fraser, a flood plain and deadzone bordered by a 6 lane road to the north.
|
# ? Sep 29, 2015 06:39 |
Ugh yeah that Vancitybuzz article showed up on my Facebook feed and I got like one paragraph in before I rage quit the tab.
|
|
# ? Sep 29, 2015 06:49 |
|
Is 'The River District' on the rear end-end of the Killarney slope or the northside of Powell near Nanaimo? So many terrible places to live with these dumbshit names.
|
# ? Sep 29, 2015 06:52 |
|
lmao wtf is killarney slope
|
# ? Sep 29, 2015 07:00 |
|
jfood posted:Is 'The River District' on the rear end-end of the Killarney slope or the northside of Powell near Nanaimo? lol, apparently 4th and Burrard is now called "the distillery district". There's not even any goddamn hipster alehouses anywhere near.... just the factory of foulness that is Molson.
|
# ? Sep 29, 2015 07:08 |
|
41st down to the Fraser, east side. It's mostly co-ops, social housing.
|
# ? Sep 29, 2015 07:11 |
|
jfood posted:Is 'The River District' on the rear end-end of the Killarney slope or the northside of Powell near Nanaimo? it's the killarney one. the no commute thing is hilarious since he'll have to navigate marine drive and the knight street bridge to get to work. i guess he could buy a boat
|
# ? Sep 29, 2015 07:12 |
|
Lexicon posted:lol, apparently 4th and Burrard is now called "the distillery district". There's not even any goddamn hipster alehouses anywhere near.... just the factory of foulness that is Molson. north mt pleasant has a bunch of signs declaring it 'brewery creek'.
|
# ? Sep 29, 2015 07:13 |
|
the talent deficit posted:it's the killarney one. the no commute thing is hilarious since he'll have to navigate marine drive and the knight street bridge to get to work. i guess he could buy a boat He can listen to Seattle radio stations, clear as a bell, during those three hours! Gotta find the upside to plugging your life savings into a literal dead zone.
|
# ? Sep 29, 2015 07:20 |
|
MNI reports on the latest from SAFE (State Administration of Foreign Exchange: Putting a cap on annual cash withdrawals, of CNY100,000 for Chinese citizens using bank cards at overseas ATMs (The current limit is CNY10,000 daily, but no annual limit) China is facing pressure from capital outflows The SAFE has called on banks to step up checks to limit outflows but cash withdrawals at overseas ATMs create a loophole for people to move money overseas http://news.forexlive.com/!/china-capital-outflow-safe-limits-yuan-cash-withdrawals-at-overseas-atms-20150929
|
# ? Sep 29, 2015 07:50 |
|
Lexicon posted:lol, apparently 4th and Burrard is now called "the distillery district". There's not even any goddamn hipster alehouses anywhere near.... just the factory of foulness that is Molson. The expensive snowboard and mountain bike boutique district
|
# ? Sep 29, 2015 08:17 |
|
Hey CI what do you think of the new video Carl Icahn made?
|
# ? Sep 29, 2015 12:56 |
|
JawKnee posted:The expensive snowboard and mountain bike boutique district Yes! Put this man on the renaming team.
|
# ? Sep 29, 2015 14:06 |
|
Icahn is a duplicitous little shithead who will go the ends of the earth to further his own personal interest. cf. Herbalife.
|
# ? Sep 29, 2015 14:21 |
|
the talent deficit posted:north mt pleasant has a bunch of signs declaring it 'brewery creek'. Not to defend developers renaming parts of Vancouver (gently caress you East Village) at their whim, but Brewery Creek is as old as Vancouver. A hundred years ago, there was a creek running down what is now Scotia Street and was where a number of breweries were located. A "brewery creek" if you will. One of the original buildings is still there on 6th.
|
# ? Sep 29, 2015 14:45 |
|
You don't need 1 million if you're fine raising a family in a tiny one bedroom condo in a terrible neighbourhood, sheesh when will you Millenials stop being so entitled
|
# ? Sep 29, 2015 15:11 |
|
|
# ? May 15, 2024 01:22 |
|
triplexpac posted:You don't need 1 million if you're fine raising a family in a tiny one bedroom condo in a terrible neighbourhood, sheesh when will you Millenials stop being so entitled I for one am glad there exists real estate marketing companies willing to speak truth to power about this.
|
# ? Sep 29, 2015 15:23 |