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Confederate flags on trucks are popular in Maple Ridge and Mission. I remember talking to one of my sister's ex boyfriend about his stupid flag on the truck and the confederate flag tattoo on his arm. His reason was "it's pretty cool like duke of hazzard." Also, mayor of Vancouver is going to save everyone with affordable housing for people making less than $56000 household income. http://www.mayorofvancouver.ca/SoutheastFalseCreek I don't understand quite how it's going to work or what the rental cost is going to look like. It would mean a maximum of $2700-3200 take home pay...? A rental of $2000/max would mean a shoestring budget for a family of 3 leaving only $700-1200 a month for variable expenses without any retirement funds? Does anyone else know more because I am genuinely interested but I am also dumb.
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Mar 15, 2016 22:03
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Kafka Esq. posted:Oh my God, my friend is trying to buy the condo his landlord was just kicking him out of to try and sell. It's 450K and the fees, taxes and mortgage are $700 higher than his rent. Your friend is a goddamn idiot.
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Mar 15, 2016 22:09
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The white background of the confederate flag literally represents "the heaven-ordained supremacy of the white race" as quoth its designer.
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Mar 15, 2016 22:15
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Baronjutter posted:http://victoria.citified.ca/news/victoria-condo-fetches-astonishing-resale-premium-thanks-to-airbnb/ Amazing. In what loving world is a rental condo a "turnkey business"? Do they even know what that means?
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Mar 15, 2016 22:31
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http://www.cbc.ca/news/business/house-prices-february-1.3491831 CBC reports average house price breaks $500k, notes that certain areas are distorting the market, provides no summary statistics that would be appropriate for such a non-normally distributed sample. Does the CBC never give a number beside average because they have no one with a STEM degree employed or because they know no Canadian would understand if such was provided?
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Mar 15, 2016 22:33
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leftist heap posted:Amazing. In what loving world is a rental condo a "turnkey business"? Do they even know what that means? Well obviously hotels WAIT I MEAN SHARING ECONOMY SHORT TERM RENTALS have doors with locks and you need to turn a key in it.
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Mar 15, 2016 22:34
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They just run whatever copy they're handed by the CP with minimal, if any edits.
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Mar 15, 2016 22:35
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cowofwar posted:The white background of the confederate flag literally represents "the heaven-ordained supremacy of the white race" as quoth its designer. Ah, makes sense why they're so popular with a certain swath of Canadians now; at least that's something they can agree with.
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Mar 15, 2016 22:38
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quaint bucket posted:
It isn't adding up because it doesn't add up because like pretty much everything meant to help the lower classes it's a bullshit effort so they can day that our society isn't just a FYGM circle jerk that's a generation away from completely imploding. EvilJoven fucked around with this message at 22:43 on Mar 15, 2016 |
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Mar 15, 2016 22:41
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cowofwar posted:Well obviously hotels WAIT I MEAN SHARING ECONOMY SHORT TERM RENTALS have doors with locks and you need to turn a key in it. I know when I think turn-key rental property I think one that has no current tenant, no property management in place, needs to be listed in perpetuity, and will probably be used to shoot porn or host an orgy. A can't-miss investment opportunity.
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Mar 15, 2016 22:43
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cowofwar posted:http://www.cbc.ca/news/business/house-prices-february-1.3491831 Considering the CBC spends a plurality of its journalistic time covering Bieber, cute animal puff pieces, or that time Obama mispronounced Mississauga, we're lucky to get any numerical content in their stories at all. Be thankful for that average, I say.
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Mar 15, 2016 23:13
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quaint bucket posted:. The Georgia Straight has more numbers http://www.straight.com/news/658116/city-vancouver-rent-out-future-southeast-false-creek-public-housing-900-studio-1500 quote:According to the city, 40 percent of the units in the building will rent below what is called the ‘housing income limits’ that are set by the province. There are parts of this I would do differently, we need significantly more city owned affordable housing, and there are other parts of the market that need to be addressed, but this is something that could legitimately form part of a housing strategy. I would say that this is a small but generally positive thing. City owned, price controlled with a mixed income. I'm curious how they worked their numbers for the low end, though. After tax it doesn't seem to make full sense. $900 for a bachelor is low now, but even a few years ago was reasonable market in the area. It feels like it should be lower if we're aiming at that sort of income range. I can deal with baby steps at the moment, though, since it's loving amazing compared to no steps. T.C. fucked around with this message at 00:32 on Mar 16, 2016 |
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Mar 16, 2016 00:27
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$900 for a studio oh man lol.
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Mar 16, 2016 01:10
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Brannock posted:$900 for a studio oh man lol. That's nothing. I was looking at a place in Gastown the size of a budget hotel room with no extra storage or parking for $1200 unfurnished.
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Mar 16, 2016 02:36
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Brannock posted:$900 for a studio oh man lol. I pay the equivalent of around $4300 CAD/mo for my studio in SF (where the prices of detached housing aren't even that different from Vancouver).
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Mar 16, 2016 02:48
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blah_blah posted:I pay the equivalent of around $4300 CAD/mo for my studio in SF (where the prices of detached housing aren't even that different from Vancouver). And what do you make a month in salary
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Mar 16, 2016 02:51
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blah_blah posted:I pay the equivalent of around $4300 CAD/mo for my studio in SF (where the prices of detached housing aren't even that different from Vancouver). You should move to Menlo Park! (Don't move to Menlo Park.)
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Mar 16, 2016 02:53
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blah_blah posted:I pay the equivalent of around $4300 CAD/mo for my studio in SF (where the prices of detached housing aren't even that different from Vancouver). lol gently caress the bay area
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Mar 16, 2016 03:03
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https://twitter.com/Liberty8988/status/709809327620534272
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Mar 16, 2016 03:09
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blah_blah posted:I pay the equivalent of around $4300 CAD/mo for my studio in SF (where the prices of detached housing aren't even that different from Vancouver). 3200 USD a month for, I'm hoping that place is a "large" studio with like 600 sqft or something. Jesus Christ.
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Mar 16, 2016 03:09
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This isn't new, CIBC had an up to 15k I think cashback thing going on literally all of last summer with exactly the same "spend it on anything!!" poo poo.
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Mar 16, 2016 03:21
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HookShot posted:This isn't new, CIBC had an up to 15k I think cashback thing going on literally all of last summer with exactly the same "spend it on anything!!" poo poo. CIBC is also offering a teaser rate: 1.99% for the first nine months, with 2.77% for the remainder of a 4 year fixed. Because we all know how well teaser rates worked out for the US. Also if I read the bottom of the ad correctly it comes out to 2.64% APR, so I'm not really sure what the point is (other than 'Oh hey what a great deal!').
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Mar 16, 2016 03:47
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Majuju posted:And what do you make a month in salary Annual comp is in the 250-300k USD range depending on bonus/stock performance. Subjunctive posted:You should move to Menlo Park! Menlo Park isn't cheaper by much, and there are basically no developments like mine (new, full service buildings) in the South Bay in general. I don't think there are really any bargains to be found these days, especially if you're unwilling to have roommates. Cultural Imperial posted:lol Brannock posted:3200 USD a month for, I'm hoping that place is a "large" studio with like 600 sqft or something. Jesus Christ. It is 600 sq ft, but it definitely chokes me up a little bit. Believe it or not, my rent is probably a little below market given how nice my building is and its location (I've also lived here for almost 3 years now). People who are just moving to the Bay Area now are definitely getting hit even worse. I've also heard a decent number of stories of yearly rent increases of $800-1000/mo near where I live (there is no rent control for buildings built after 1979, and I've been 'lucky' to only have my rent go up by about $300 a year). On the other hand, you can at least view the rental insanity in SF and the Bay Area as the product of a reasonably efficient market. Even though rents in Vancouver have gone up in the last couple of years they are still often well below what the mortgage + strata fees + property taxes would be on that unit.
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Mar 16, 2016 04:26
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It's gonna be great when all of this comes home to roost and instead of giving CMHC a mandate to investigate how many of these mortgages are lovely they just ask the public to accept the fact that we're all getting the shlongs of the big 5 crammed down our throats.
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Mar 16, 2016 04:27
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So I signed the papers finalizing the sale of the condo yesterday and met with our financial adviser today. One thing he commented was how fortunate we were to be in our late 20s/early 30s as a family of four to be in our financial situation (debt free). And the only thing i got was "what does that say about the rest of Canada?"
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Mar 16, 2016 04:27
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blah_blah posted:Annual comp is in the 250-300k USD range depending on bonus/stock performance. Yeah the amount depends on the area but due to the Tech boom it's been literally double digit rent increases each year for each county. So glad I can escape the bay area in April, it's getting hilariously unlivable due to ever increasing traffic, lack of mass transit improvements and also big cost of living increases.
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Mar 16, 2016 04:36
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Get part of your mortgage as cash and use it to pay down your mortgage? Am I missing something or is that completely retarded?
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Mar 16, 2016 05:11
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It's completely retarded but how else are you going to make housing affordable to first time buyers???????
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Mar 16, 2016 05:29
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cowofwar posted:The white background of the confederate flag literally represents "the heaven-ordained supremacy of the white race" as quoth its designer. The author is dead.
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Mar 16, 2016 06:01
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Jumpingmanjim posted:Get part of your mortgage as cash and use it to pay down your mortgage? Am I missing something or is that completely retarded? Don't forget you're paying 2 points more in interest on the mortgage for the pleasure! Beyond retarded.
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Mar 16, 2016 06:03
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Jumpingmanjim posted:Get part of your mortgage as cash and use it to pay down your mortgage? Am I missing something or is that completely retarded? You get a sweet wad of cash thrown in your face today , and it becomes future-you's problem. Given society's adamant refusal to think long term on anything, it's a decent hook to get more sales for bankers. Bribe people into taking mortgages today, and hope you're far away from the poo poo when these people inevitably become delinquent and banks start asking for bailouts.
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Mar 16, 2016 06:05
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http://business.financialpost.com/p...ams-and-realityquote:How first-time home-buyers are bridging the gulf between their dreams and reality
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Mar 16, 2016 06:09
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I'd rather cut my testicles off than commute to and from Canmore on a daily basis for an extended period of time. Or live in Canmore, for that matter.
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Mar 16, 2016 06:17
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Have you considered just shooting yourself in the facecunt?
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Mar 16, 2016 06:33
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PT6A posted:I'd rather cut my testicles off than commute to and from Canmore on a daily basis for an extended period of time. Or live in Canmore, for that matter. The blurb is stupid. She could have easily gotten the same thing in pretty inner city Calgary if she'd wanted to. The more insane thing is that someone would pay $300,000 for a 900 sq ft condo in Canmore at all.
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Mar 16, 2016 07:03
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Yes, it's like a lava lamp.
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lmao, so they signed a mortgage for $2000 without all the hidden costs like strata/tax while their apartment rental price was around $1300. Canadians seem to very good at math. Wonder how much the hidden costs would add up on a monthly basis for the strata and property taxes? quote:How she did it Before buying, Rachel and her husband rented a one-bedroom apartment for $1,300. (Today, their mortgage payments are $2,000 a month.) “The biggest challenge for us was shifting our mindset to better understand that we could own and put money back into our own pockets,” she says. Not to mention with Canmore they now have 2.20 hour commute each day to the Calgary core.
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Mar 16, 2016 07:14
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But they're not throwing money away. Equity.
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Mar 16, 2016 07:18
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etalian posted:lmao, so they signed a mortgage for $2000 without all the hidden costs like strata/tax while their apartment rental price was around $1300. quote:How she did it Before buying, Rachel and her husband rented a one-bedroom apartment for $1,300. (Today, their mortgage payments are $2,000 a month.) “The biggest challenge for us was shifting our mindset to better understand that we could own and put money back into our own pockets,” she says. They met with a realtor and talked about how much they were comfortable spending on mortgage payments. Then they approached their parents for $27,000 to cover a five per cent down payment. Put money in your pockets, ask mom and dad to cosign a loan to change your housing situation from $1300 to $3000 (2000+300?+250?+500 for mom&dads loan). These people are idiots.
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Mar 16, 2016 07:24
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just gotta shift your mindset man
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Mar 16, 2016 07:46
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To add to the stupidity, She's 31 and has locked her family into a 3k a month housing situation. Having kids between now and then would be economic suicide to drop to 1 income and the associated child care costs. Just imagine having kids at 36 and then paying at a stretch 2500 a month in housing, and another 1k a month in child care, before all the other costs. These people's budget will be so tight that any sort of unplanned event or interest rate increases would financially bankrupt this family. jfc You can tell that together they make nothing because they had no savings to begin with. Ed plus CMHC and insurance. House equity seems cool and good 
Risky Bisquick fucked around with this message at 08:25 on Mar 16, 2016 |
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Mar 16, 2016 07:57
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