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This is where a brave poster chimes in to point out that there's nothing wrong with having climbed to the top of the food chain on the corpses of other cultures, and you'd better work hard to stay there lest the "others" sense your weakness and kick you off the pile. If this were stormfront
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# ? Nov 4, 2015 00:22 |
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# ? May 10, 2024 20:47 |
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Rime posted:If this were stormfront You mean it's not?
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# ? Nov 4, 2015 00:36 |
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gently caress China
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# ? Nov 4, 2015 00:59 |
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http://www.cbc.ca/news/canada/calgary/alberta-mansions-sell-for-bargain-1.3302103some CBC article posted:An Alberta home with Swarovski crystal-laced faucets and mother of pearl tiles in the master bathroom has sold for nearly half its asking price. The 9,200-square-foot house located in Priddis, 40 minutes southwest of Calgary, was listed for $3.9 million but purchased at auction for just over $1.7 million. Another luxury property down the street had a similar fate — the $2.9-million mansion was picked up at a 62 per cent discount.
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# ? Nov 4, 2015 05:57 |
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There's some massive irony in that "dumpy vancouver special" line. As if said shithole is actually worth $1.1m, and the fancy house was not sold at a still-inflated but closer to realistic price for what it is. :3
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# ? Nov 4, 2015 06:01 |
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Brannock posted:Han Chinese are no better than European whites, quit with the handwringing already. Vancouver is being sold out, pricing out people who actually live there. Complaining about racism is an extremely convenient distraction from what's going on there. Same with Jews, honestly.
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# ? Nov 4, 2015 06:04 |
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No more skipping floor numbers for the superstitious.quote:Vancouver has long accommodated the superstitious by allowing certain floor numbers, suite numbers and addresses to be hidden or not used at all. No word on whether the ghosts of hospice patients will also become mandatory.
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# ? Nov 4, 2015 06:40 |
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This is good and could only ever come from top down regulation. "Bob Rennie, one of Vancouver’s best-known condo marketers, said he doesn’t really think the change will make much difference. “People who are superstitious and don’t like 4 aren’t going to buy on those floors,” he said. Rennie, who said he’s “very superstitious” doesn’t like the number 4 either. “Every car I have has at least a 5 and a 4 in the licence plate,” he said. “Five means ‘no’ and 4 means ‘death’ or ‘die.’ Some people like 8 because it means prosperity. I’d rather have “no die” in any car I drive. " Kill your self. Baronjutter fucked around with this message at 06:50 on Nov 4, 2015 |
# ? Nov 4, 2015 06:48 |
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Is Bob Rennie as Reverse Condo Banana?
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# ? Nov 4, 2015 07:05 |
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computer parts posted:Same with Jews, honestly. Pretty much anyone of any race is an rear end in a top hat.
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# ? Nov 4, 2015 07:08 |
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Terebus posted:Pretty much anyone of any race is an rear end in a top hat. White people are the worst though.
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# ? Nov 4, 2015 09:00 |
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Remember that being lovely is a zero sum game so as long as whites are using up all the lovely nobody else can possibly be lovely. Also, because kids are starving to death in Africa nobody else on the planet is actually experiencing pain and suffering.
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# ? Nov 4, 2015 14:43 |
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Jumpingmanjim posted:White people are the worst though. Actually, it's Australians. We can all agree on that.
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# ? Nov 4, 2015 15:13 |
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mastershakeman posted:Actually, it's Australians. We can all agree on that. Nope, they have nothing on white South Africans.
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# ? Nov 4, 2015 15:21 |
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I love white south Africans. Great people to work with. English people, especially Londoners are human garbage.
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# ? Nov 4, 2015 16:15 |
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Cultural Imperial posted:I love white south Africans. Great people to work with. English people, especially Londoners are human garbage. Have a care how you address the citizens of Neo-Rome.
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# ? Nov 4, 2015 17:10 |
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Pay off your mortgage, live debt free: how one guy did it in 3 years. This is a great example for those entitled young millennials out there complaining about high housing costs. All you need is a lot of money for a down payment to make your mortgage (relatively) small, and to work (supposedly) 100 hours/week, have no life and eat lovely food, and you too can be a proud debt-free homeowner in 3 years for no real discernible or defensible reason.
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# ? Nov 4, 2015 17:15 |
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eXXon posted:Pay off your mortgage, live debt free: how one guy did it in 3 years. lmao 3 years of bagels and peanut butter
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# ? Nov 4, 2015 17:19 |
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eXXon posted:Pay off your mortgage, live debt free: how one guy did it in 3 years. You missed "rent out the whole house that you're doing this for and live in the basement like a surly teenager."
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# ? Nov 4, 2015 17:28 |
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Paying off a home in full doesn't make much sense either since you are sinking 425,000 into a single asset class.
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# ? Nov 4, 2015 17:35 |
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etalian posted:Paying off a home in full doesn't make much sense either since you are sinking 425,000 into a single asset class. Having extremely minimal housing costs is good, though, and assuming you've bought in a city that's not in a bubble, that asset is very unlikely to completely collapse. "Investing" in real estate beyond where you, personally, live is retarded, but it's certainly appealing to have a paid-off house that you live in, IMO.
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# ? Nov 4, 2015 17:40 |
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PT6A posted:Having extremely minimal housing costs is good, though, and assuming you've bought in a city that's not in a bubble, that asset is very unlikely to completely collapse. "Investing" in real estate beyond where you, personally, live is retarded, but it's certainly appealing to have a paid-off house that you live in, IMO. well the house is in Toronto.....
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# ? Nov 4, 2015 17:44 |
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quote:Between his work and rental income, Cooper netted about $100,000 a year. He was able to put most of his earnings toward his mortgage by living super-frugally. Great job, paying down debt at sub 3% instead of investing in a bunch of indexes for double (or more) the return PT6A posted:Having extremely minimal housing costs is good, though, and assuming you've bought in a city that's not in a bubble, that asset is very unlikely to completely collapse. "Investing" in real estate beyond where you, personally, live is retarded, but it's certainly appealing to have a paid-off house that you live in, IMO.
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# ? Nov 4, 2015 17:44 |
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etalian posted:well the house is in Toronto..... Oh yeah, then it's probably a bad idea. I didn't read the article because I don't care.
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# ? Nov 4, 2015 17:45 |
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PT6A posted:Oh yeah, then it's probably a bad idea. I didn't read the article because I don't care. Not to mention the danger of overweighting all your money into the house just to get rid of a mortgage, it's no different than putting all your money in a single hyped stock. A home is also a bad place to put massive amounts of money since it's a incredibility illiquid asset unlike index tracking stocks and bonds.
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# ? Nov 4, 2015 17:47 |
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etalian posted:lmao 3 years of bagels and peanut butter lol seriously. This guy is to be pitied, not showered with plaudits like in article.
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# ? Nov 4, 2015 18:37 |
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Considering most people don't even consider stocks as an option in the equation, and only decide whether to put money into truck equity or house equity, AND truck equity usually wins, he's not doing THAT bad. Still shoulda put that money in the market instead. I ain't touchin' my mortgage with an extra penny until rates go up.
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# ? Nov 4, 2015 18:55 |
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Rick Rickshaw posted:Considering most people don't even consider stocks as an option in the equation, and only decide whether to put money into truck equity or house equity, AND truck equity usually wins, he's not doing THAT bad. I imagine it must be a good feeling not having to worry about landlords or paying the bank each month. Still having $425,000 cash tied up in a single type of asset would keep me up at night.
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# ? Nov 4, 2015 19:13 |
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etalian posted:I imagine it must be a good feeling not having to worry about landlords or paying the bank each month. It's a big risk, for sure, but on the other hand you don't "need" that money to avoid being homeless anymore. You need to cover taxes, utilities and food, and that's a lot less stressful than knowing you also have to cover a mortgage payment or rent if you lose your job, for example.
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# ? Nov 4, 2015 19:26 |
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So a friend of ours bought a condo. It has rained heavily here lately and she woke up to find the whole parking lot and ground floor flooded due to improperly maintained drains. The building is about half owners and half renters, most of the ground floor units are rented and all have tenants insurance and such so it's a pain in the rear end but not the end of the world. One stupid old fat lady though was acting like it was the end of the world and she was the only victim of the flooding. When our friend tried to figure out why she was so extra upset she complained that her condo was full of extremely valuable antiques and basically all her wealth was tied up in "investment" antiques. Oh well, sucks lady, but insurance should cover it. She doesn't have insurance. She owns a ground floor condo and has absolutely no insurance. Her reason for not having insurance? "Last time the ground floor flooded they said they fixed the problem so it was pointless to pay for insurance!". This isn't the first time she's been flooded out and still thinks insurance is a waste of money. It's really hard to have sympathy for people like this, but she's absolutely ruined from this.
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# ? Nov 4, 2015 19:26 |
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http://www.bloomberg.com/news/articles/2015-11-04/cheap-oil-helps-china-unseat-canada-as-top-u-s-trade-partnerquote:Cheap Oil Helps China Unseat Canada as Top U.S. Trade Partner
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# ? Nov 4, 2015 19:27 |
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investment antiques
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# ? Nov 4, 2015 19:28 |
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Baronjutter posted:So a friend of ours bought a condo. It has rained heavily here lately and she woke up to find the whole parking lot and ground floor flooded due to improperly maintained drains. The building is about half owners and half renters, most of the ground floor units are rented and all have tenants insurance and such so it's a pain in the rear end but not the end of the world. One stupid old fat lady though was acting like it was the end of the world and she was the only victim of the flooding. When our friend tried to figure out why she was so extra upset she complained that her condo was full of extremely valuable antiques and basically all her wealth was tied up in "investment" antiques. Oh well, sucks lady, but insurance should cover it. This person is an actual idiot and deserves no pity, other than over the disappearance of a somewhat significant amount of wealth from the economic system. I can't believe what I just read.
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# ? Nov 4, 2015 19:29 |
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Brannock posted:This person is an actual idiot and deserves no pity, other than over the disappearance of a somewhat significant amount of wealth from the economic system. I can't believe what I just read. I think I nearly came from schadenfreude reading that story. Oh my god.
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# ? Nov 4, 2015 19:49 |
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I'm going to start calling my watch collection portable investments.
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# ? Nov 4, 2015 20:00 |
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Cultural Imperial posted:investment antiques Everyone has some antique that is probably worth something, though much less than they think they are. Actually calling them investment antiques though is pretty next level.
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# ? Nov 4, 2015 20:02 |
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I'm not sure she literally said "investment antiques" just that all her money was tied up in them, like it was all she had, no insurance, no savings, no investments. It was her planned fall-back for when her retirement income got tight. She was treating them as her retirement investments but I don't think she literally said the amazing words "investment antiques!" to my friend, as good as that would be.
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# ? Nov 4, 2015 20:18 |
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Oh cool, maybe I'll be able to move back to Calgary and own a place without being a suburban shithead. Mostly just the luxury market that's been falling out, but it's a start. My parents selling my Grandma's shithole bungalow (that was in a goodish location) that they inherited right in middle of the mid-2000's Calgary housing bubble gave em the money that paid for most of my undergrad so I can't entirely hate, but speculative housing investments are a pretty evil game.
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# ? Nov 4, 2015 21:03 |
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Baronjutter posted:So a friend of ours bought a condo. It has rained heavily here lately and she woke up to find the whole parking lot and ground floor flooded due to improperly maintained drains. The building is about half owners and half renters, most of the ground floor units are rented and all have tenants insurance and such so it's a pain in the rear end but not the end of the world. One stupid old fat lady though was acting like it was the end of the world and she was the only victim of the flooding. When our friend tried to figure out why she was so extra upset she complained that her condo was full of extremely valuable antiques and basically all her wealth was tied up in "investment" antiques. Oh well, sucks lady, but insurance should cover it. Jesus. This is just sad.
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# ? Nov 4, 2015 21:16 |
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# ? May 10, 2024 20:47 |
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Rick Rickshaw posted:Considering most people don't even consider stocks as an option in the equation, and only decide whether to put money into truck equity or house equity, AND truck equity usually wins, he's not doing THAT bad. This is pretty much the smartest thing I've read in this thread. So true.
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# ? Nov 4, 2015 21:18 |