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I have some bad news for Millennials here, and the people who hate them with such diligence. Current generation of young Canadians wealthiest ever: federal study quote:"The current generation of young Canadians is, on average, wealthier than previous generations of young Canadians," says the confidential report, though with some cautionary notes. If you're nearly 30, broke and living with your parents you're an even bigger gently caress up than we thought. Sorry. Don't worry too much though, I'm sure the actual report itself is full of massaged figures like averaging the super wealthy trust fund babies out with the legions of destitute and completely fails to take any other factors other than exact dollar amounts into account.
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Feb 25, 2016 01:56
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Canada is a whole country who has the population of a US state and is run by a male fashion model. Also almost all the figures of net worth have to do with stocks these Canadians own, which are all US based. Jobs figure very little into the net worth looking at the math.
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Feb 25, 2016 01:58
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Uh, he actually taught kindergarten for a year or some poo poo and wrote a stupid book no one read. He basically got into office by name recognition and because his opponents were loving idiots; our political leaders are even sadder than America's. But apparently we're rich, so who cares. I can't wait until this place hits rock bottom and the next generation inherits a wasteland covered in tar and dust while we enjoyed beautiful national parks like Banff.
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Feb 25, 2016 02:02
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Bro Dad posted:you're not supposed to wear them, theyre display pieces you (maybe) wear twice if they looked good or had any cultural significance I'd understand but goddamn these are ugly and dumb shoes.
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Feb 25, 2016 02:23
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Psychotic Weasel posted:Uh, he actually taught kindergarten for a year or some poo poo and wrote a stupid book no one read. He basically got into office by name recognition and because his opponents were loving idiots; our political leaders are even sadder than America's. But apparently we're rich, so who cares. ya for all their enlightened social awareness, between Hilary and Justin it sure seems millennials don't see any problem with cronyism
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Feb 25, 2016 03:12
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Psychotic Weasel posted:I have some bad news for Millennials here, and the people who hate them with such diligence. Yeah OK but when my dad bought a house in Point Grey it cost $25,000 and now that same house is worth $5,000,000. If your parents ever bought anything in Vancouver before the mid 90s they will always be richer than you.
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Feb 25, 2016 03:20
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Reverse Centaur posted:Yeah OK but when my dad bought a house in Point Grey it cost $25,000 and now that same house is worth $5,000,000. If your parents ever bought anything in Vancouver before the mid 90s they will always be richer than you. What was the time frame on that? Ive seen home prices sky rocket but goddamn. Unless you meant 500,000k Although I guess that's the case for anyone who bought a house in SF back in the day.
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Feb 25, 2016 03:49
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That's extreme but not impossible. Someone I know bought a house 15 years ago for under 100K, got lucky to be in the center of a boom and now it's worth 1.3 million.
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Feb 25, 2016 03:51
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NESguerilla posted:What was the time frame on that? Ive seen home prices sky rocket but goddamn. Unless you meant 500,000k I think that happened in Zimbabwe too
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Feb 25, 2016 03:52
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Inzombiac posted:That's extreme but not impossible. Someone I know bought a house 15 years ago for under 100K, got lucky to be in the center of a boom and now it's worth 1.3 million. http://www.cbc.ca/news/canada/british-columbia/vancouver-teardown-real-estate-1.3449869 Housing costs in our major cities is totally hosed and most young people today can probably look forward to living like serfs in the middle ages. Even if a housing correction comes along it'll likely gently caress up the rest of the economy and they still won't be able to afford poo poo. Wanna own a home? Hope you like living in scenic Sudbury or Winnipeg.
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Feb 25, 2016 04:18
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The Taint Reaper posted:Oh boy shoes made of yarn. A girl pointed out to me today she was wearing hemp shoes. From toms. Idk what that is but she said they donated a pair for every hemp shoe bought to orphans or some poo poo. I said I like your weed feet. You have to buy them 2 sizes small she said. They stretch a lot
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Feb 25, 2016 04:25
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Darth123123 posted:A girl pointed out to me today she was wearing hemp shoes. From toms. Idk what that is but she said they donated a pair for every hemp shoe bought to orphans or some poo poo. I said I like your weed feet. I hope the orphans get real shoes at least
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Feb 25, 2016 04:58
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NESguerilla posted:What was the time frame on that? Ive seen home prices sky rocket but goddamn. Unless you meant 500,000k Early 70s. Prices in Vancouver went up 30% in the last year alone and Point Grey is the most expensive area. Vancouver is in an insane real estate bubble right now, my wife works for a notary and they have to turn away people by the dozens. The guy who owns lululemon yoga pants has a house nearby worth $64 million. jackyl posted:I think that happened in Zimbabwe too It's not deflation, it's billions in Chinese money. Vancouver is China's Cayman Islands, a safe haven for fortunes out of reach from the CCP where you can buy citizenship and own as much property as you want. UnfortunateSexFart fucked around with this message at 05:20 on Feb 25, 2016 |
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Feb 25, 2016 05:00
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$480,000  http://sf.curbed.com/2015/10/23/9908142/falling-down-earthquake-shack-gets-six-offers-goes-for-408k It's historic though you can only repair
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Feb 25, 2016 05:10
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naem posted:$480,000 Bargain! This sold for $2.48 million, after a bidding war.  http://blogs.theprovince.com/2016/01/29/this-vancouver-dream-home-could-be-yours-for-only-2-4-million/
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Feb 25, 2016 05:14
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is milfennial a porn term yet?
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Feb 25, 2016 05:14
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Reverse Centaur posted:Bargain! This sold for $2.48 million, after a bidding war. gently caress the world
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Feb 25, 2016 05:16
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Reverse Centaur posted:Bargain! This sold for $2.48 million, after a bidding war. I hope that someone's adorable wisened grandma is sipping cocktails on a beach right now at least after selling that
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Feb 25, 2016 05:22
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Reverse Centaur posted:Bargain! This sold for $2.48 million, after a bidding war.
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Feb 25, 2016 05:25
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my parents bought a house in cambridge, mass for 80k back in the 80s, and its now worth close to a mill people call and harass them asking to sell... its not a as bad as vancouver but its still kinda retarded
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Feb 25, 2016 05:29
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Lufiron posted:my parents bought a house in cambridge, mass for 80k back in the 80s, and its now worth close to a mill Of all of the problem, upon this gay earth, this is a good one to have.
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Feb 25, 2016 05:30
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If I could get those prices I sure as poo poo would sell. gently caress living around a pretentious crowd. Take your millions, buy cheap land and just laugh and laugh and laugh.
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Feb 25, 2016 05:33
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VendaGoat posted:gently caress the world https://www.youtube.com/watch?v=HnrjygAG18o
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Feb 25, 2016 08:11
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How long until America just annexes Canada
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Feb 25, 2016 08:41
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Larry Parrish posted:How long until America just annexes Canada Never gonna happen we would have to take Quebec as part of the deal.
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Feb 25, 2016 08:43
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is New Zealand any good they don't do any harm and are often overlooked maybe they actually have an affordable standard of living
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Feb 25, 2016 08:44
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symbolic posted:is New Zealand any good they're okay, but they've done this thing when they have convinced the world that their native population are a bunch of noble warriors instead of a bunch of brutal cannibal slavers https://en.wikipedia.org/wiki/Moriori_people#Invasion_by_Taranaki_M.C4.81ori
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Feb 25, 2016 08:47
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symbolic posted:is New Zealand any good No to all three questions and for the second question it's not the people who harm you, it's the wildlife.
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Feb 25, 2016 08:47
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symbolic posted:is New Zealand any good Auckland was the 4th most expensive city in the world according to a recent study and they haven't even felt the Chinese investment wave yet.  http://www.yourinvestmentpropertyma...ble-211023.aspx I managed to live in three cities listed but didn't buy until 2005  The Taint Reaper posted:and for the second question it's not the people who harm you, it's the wildlife. NZ wildlife is harmless. You aren't scared of little insects are ya?? 
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Feb 25, 2016 09:19
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Reverse Centaur posted:Auckland was the 4th most expensive city in the world according to a recent study and they haven't even felt the Chinese investment wave yet. time to rot in the rust belt for the rest of my life
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Feb 25, 2016 09:21
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Reverse Centaur posted:Auckland was the 4th most expensive city in the world according to a recent study and they haven't even felt the Chinese investment wave yet. Affordability Rank (Out of 86) 
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Feb 25, 2016 10:19
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The Mantis posted:Affordability Rank (Out of 86) That is the number of world markets with over 1,000,000 population. Looks like they edited it to 87: http://www.demographia.com/dhi.pdf
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Feb 25, 2016 10:45
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symbolic posted:where's that one goon who was arguing that it's the lazy millennials' faults for not being able to afford houses It is a person's fault if they insist on living in an expensive city out if their price range. Swallow your pride and go live in the boonies.
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Feb 25, 2016 14:37
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notZaar posted:It is a person's fault if they insist on living in an expensive city out if their price range. Swallow your pride and go live in the boonies. if you live anywhere but a major city you're barely actually alive, though
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Feb 25, 2016 14:41
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Housing prices are expensive, though I'm wondering how many people are genuinely trying to get a loan or make offers on houses. If a couple has a stable job, they can always save up for a down payment eventually. With the housing market rents are going to be high as well so it's not like renting indefinitely is going to have a long term benefit. If they have an emergency then they have that nest egg saved up. Their most vulnerable time will be the first two years of owning a home when they are the most cash strapped. My sister in law did this at 19 during the last housing bubble. Her and her fiance saved up money, bought a house on a short sale and rented out all the rooms while continuing to live with their parents. They got married, moved into one of the rooms and got financially stable enough to not need roommates. They sold that house and are currently living in their third house. She's the same age as me and to her credit accomplished this not by dumb luck but rather by being disciplined enough to save up as much money as possible. I think people see housing costs and get discouraged; I know it's what held me back. If you convince yourself you're never gonna afford a house you'll create a self fulfilling prophecy. It kind of happened to us; between our jobs my wife and I could save easily so we weren't as disciplined as we could have been. We probably could've afforded a house a few years ago if we saved more aggressively.
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Feb 25, 2016 14:55
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Fonzarelli posted:if you live anywhere but a major city you're barely actually alive, though there's more than 2 major cities in the US but you'll never hear a millennial admit that
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Feb 25, 2016 15:04
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MAYO FETISH posted:what loving idiotic term are they going to mak efor the next generation?
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Feb 25, 2016 15:11
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TheWhiteNightmare posted:there's more than 2 major cities in the US but you'll never hear a millennial admit that uhh theres at least 3. Portland, San fran, and new york.
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Feb 25, 2016 15:13
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actually portland has been "kept weird"
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Feb 25, 2016 15:15
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My favorite part about that catchphrase was that it was stolen from Austin Texas.
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Feb 25, 2016 15:29
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