Canada Housing/Debt: Trust me, I'm a landlord.

The Something Awful Forums > Discussion > Debate & Discussion > Canada Housing/Debt: Trust me, I'm a landlord.

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Aramis: Sep 22, 2009

I love how their "desperation" is having to possibly live somewhere else than West Van of all places. Oh the humanity!

# ? Dec 2, 2016 23:12

Adbot: ADBOT LOVES YOU

# ? Jun 7, 2024 02:37

cowofwar: Jul 30, 2002; by Athanatos

It's probably just a rental scam where some dude turns up, his family doesn't exist and he squats for a year.

# ? Dec 2, 2016 23:20

Professor Shark: May 22, 2012

Nothing about that ad seems genuine

# ? Dec 2, 2016 23:28

James Baud: May 24, 2015; by LITERALLY AN ADMIN

James Baud fucked around with this message at 11:16 on Aug 25, 2018

# ? Dec 2, 2016 23:51

Powershift: Nov 23, 2009

James Baud posted:

I dunno, the poster of the ad doesn't screw up anything geographical which is better than most scammers manage.

My only problem: four people including two opposite sex kids, two bedrooms. You're posting a beg ad, why wouldn't you shoot for three?

http://wefollowpics.com/good-family-of-four-poses/

The photographer is apparently in Utah.

# ? Dec 3, 2016 00:01

Professor Shark: May 22, 2012

Powershift posted:

http://wefollowpics.com/good-family-of-four-poses/

The photographer is apparently in Utah.

Goddamn people are dumb, gently caress

# ? Dec 3, 2016 00:15

UnfortunateSexFart: May 18, 2008; ð» ððð« ð·ððð·
ð ð ð ð« ð®ð ð¾ð ð ð¡ððð

ok phew, blondes are still ok. Everyone go back to status quo

# ? Dec 3, 2016 14:57

Blorange: Jan 31, 2007; A wizard did it

namaste faggots posted:

https://twitter.com/vexmark/status/804338274399567872

It's been sad couple days for me as it looks like opec will cut production. Fortunately the tar sands are still going to fester.

This graph isn't showing economies of scale, it's showing all of the expensive fields closing up shop when oil dropped under $100/barrel.

# ? Dec 3, 2016 15:44

Professor Shark: May 22, 2012

School cancelled Monday in NS due to imagined saftey concerns* for students while the prov government meets to make changes in order to force teachers to volunteer their breaks and lunches.

Teachers have to report to work, no students however

*Supervision would be on for teachers in the morning and after school, admins would have to cover the rest

# ? Dec 3, 2016 16:36

Professor Shark: May 22, 2012

Lol they're imposing a collective agreement

# ? Dec 3, 2016 16:39

Ccs: Feb 25, 2011

cowofwar posted:

Last month when I was at a LPC gala the MPs and MPPs were all patting themselves on the back for the "fantastic" jobs report where overall number was up but if you actually looked at it, full time jobs were down by a huge amount continuing the trend. It's crazy how many of them are true believers and are fully invested in a team based view of politics, there was no concern about whether things were better or worse for Canadians, just whether things were good or bad for them and the team.

Same is true for the film industry. They really don't care if their tax credit policies are bankrupting the provinces. What matters is that they are doing well and feeling important.

# ? Dec 3, 2016 16:54

rhazes: Dec 17, 2006; Reduce the rectal spread!
Use glory holes instead!

An official message from the British Columbia Centre for Disease Control

I think someone posted ages back about an urban planning/design/transportation book in either this thread (or maybe the Vancouver thread, which is often very similar). Does anyone recall it? I have a big itching to read it now.

# ? Dec 3, 2016 23:15

yippee cahier: Mar 28, 2005

rhazes posted:

I think someone posted ages back about an urban planning/design/transportation book in either this thread (or maybe the Vancouver thread, which is often very similar). Does anyone recall it? I have a big itching to read it now.

I saved this to a wishlist after reading an SA thread, but I don't think it was this one. On the off chance:
https://www.amazon.com/Better-Way-Zone-Principles-Livable/dp/1597261815

# ? Dec 4, 2016 00:27

namaste friends: Sep 18, 2004; by Smythe

anything by Richard Florida tbqh

# ? Dec 4, 2016 01:36

Ccs: Feb 25, 2011

I thought Florida has been discredited?

# ? Dec 4, 2016 02:38

Reince Penis: Nov 15, 2007; by R. Guyovich

Ccs posted:

I thought Florida has been discredited?

Yeah, by developers and supply siders.

# ? Dec 4, 2016 03:02

Rime: Nov 2, 2011; by Games Forum

Richard Florida is the stupidest loving gently caress I have ever had the displeasure of witnessing yap his loving mouth flaps to an audience of hundreds. Ho-Ly-gently caress does that man display a level of self-unaware asininery to an extreme that you rarely see in a public personality.

gently caress that guy.

:fuckoff:

# ? Dec 4, 2016 03:55

namaste friends: Sep 18, 2004; by Smythe

is my poo poo posting not lovely enough

# ? Dec 4, 2016 04:03

Subjunctive: Sep 12, 2006; ✨sparkle and shine✨

You're losing me in the details of your critique.

# ? Dec 4, 2016 04:04

Rime: Nov 2, 2011; by Games Forum

namaste faggots posted:

is my poo poo posting not lovely enough

You triggered me by mentioning that smug schmuck.

# ? Dec 4, 2016 04:46

rhazes: Dec 17, 2006; Reduce the rectal spread!
Use glory holes instead!

An official message from the British Columbia Centre for Disease Control

yippee cahier posted:

I saved this to a wishlist after reading an SA thread, but I don't think it was this one. On the off chance:
https://www.amazon.com/Better-Way-Zone-Principles-Livable/dp/1597261815

That absolutely was the one! Thank you so much.

# ? Dec 4, 2016 08:47

namaste friends: Sep 18, 2004; by Smythe

http://www.theprovince.com/business/local+business/metro+debt+experts+worry+about+increased+payday+loans/12412748/story.html

quote:

Metro in debt: Experts worry about increased use of payday loans, industry leader warns of alternatives

When Tara Black�s husband abruptly lost his manufacturing job, it unexpectedly brought the household down to a single income with three- and six-year-old daughters to feed, and she soon realized the family�s next paycheque wouldn�t come until after rent was due.

Unable to access employment insurance or financial support from family, Black �felt hopeless,� she said this month, thinking back to that stressful time a decade ago.

The Blacks took out a payday loan � a short-term, high-interest loan. But one financial pitfall after another meant the family needed a series of loans, going from one lender to another for months, as they tried to keep up and pay bills on time.

�There were late charges, there was more interest, and it just kept compounding,� she said. �It feels like a trap.�

The Blacks were eventually able to �stop the whole cycle,� she said, and get their financial situation under control.

But experts say similar tales of debt are becoming increasingly common in Canada, as new data reveal the continued rise of payday loans.

The number of Canadians using payday loans more than doubled between 2009 and 2014, a finding that Jane Rooney, financial literacy leader of the Financial Consumer Agency of Canada, or FCAC, called a worrying trend.

It was a key finding of a FCAC report released late last month, marking the first in-depth survey on payday loans (defined as $1,500 or less, repayable within 62 days) from the federal government�s perspective, Rooney said.

�There�s a lack of data, frankly, across Canada,� Rooney said in an interview this month in Vancouver.

The survey found most respondents used payday loans for necessary expenses, almost half of which were expected costs, such as rent or utility bills, a result Rooney called �hugely concerning.�

The survey also found reliance on payday loans wasn�t restricted to low-income Canadians: 20 per cent of payday loan borrowers reported annual incomes of more than $80,000.

�The majority of people don�t know the true costs of these,� she said.

The cost of payday loans in B.C. can work out to the equivalent of an annual interest rate of more than 500 per cent, the FCAC report notes. And payday loan use has �grown especially rapidly� in B.C., according to a January report from Vancity, with British Columbians �using payday loans at an increasingly higher per capita rate than residents of other provinces.�

In September, the B.C. government announced a plan to lower maximum charges for payday loans (dropping from $23 for every $100 borrowed to $17), taking effect next year and fulfilling a promise from the B.C. Liberals� 2013 election platform. In doing so, B.C. joined a list of governments tightening payday loan regulation this year, including Ontario, Alberta, and federal regulators in the U.S.

While many applauded the government�s move to clamp down on payday lenders, another report, released the same day as the FCAC report, recommends consumer education, not government regulation.

That research report, produced by the Conference Board of Canada and commissioned by the Canadian Consumer Finance Association, which lobbies for the payday loan industry, reads: �Despite its unfavourable reputation, the licensed payday loans industry provides a necessary service for cash-strapped Canadians. Placing inappropriate regulations on the industry may reduce access to credit for the financially vulnerable.�

Advocates for the payday lending industry have taken a similar position for years, said Tony Irwin, president of the Canadian Consumer Finance Association (known until last month as the Canadian Payday Loan Association), adding that if heavy regulatory burdens for legal payday lenders make it difficult for them to compete, it could drive borrowers to unlicensed and potentially harmful lenders.

Despite the popular notion of mob-affiliated loansharks operating in the back of a pool hall, nowadays, Irwin said, these illegal lenders are more likely to be based offshore and accessed online.

It�s �too early to know,� Irwin said, what the B.C. government�s regulatory changes could mean for licensed payday lending businesses, and whether some may tighten their lending criteria or simply go out of business.

If new regulations prevent borrowers from accessing legal payday loans, Irwin said, then �a move you might think will be helping those people may in fact be doing the opposite.�

�If they can�t get that loan they need from the licensed industry, they are going to find somewhere else,� he said. �There are unlicensed providers who are all too willing to provide a product to those borrowers under far worse conditions than our industry does today.�

Scott Hannah has observed the spread of payday loans in B.C. over his 20 years as CEO of the Credit Counselling Society. While he fully supports the B.C. government dropping the maximum rates, he said �it won�t solve the problem itself.�

While payday loans are most often taken by lower-income borrowers, Hannah said, poor financial planning is common among Canadians of all financial backgrounds.

�It�s indicative of our society as a whole,� Hannah said. �Most of us don�t have a long-term financial plan. � Most of us end up planning in two-week periods.�

In pricey Vancouver especially, Hannah said, �you find a lot of people who are just getting by, and are living all the way up to their paycheques and there�s absolutely no wiggle room left.�

�For many people, the payday loan is their lifeline. So it�s difficult for a lot of people to get out of that cycle.�

haha holy poo poo the whole "well if we don't provide <lovely thing x>, people will just get it from somewhere else"

this is like the most favoured argument for legalizing casinos and now it's being used by the payday loan industry

hey guys if we don't legalize fentanyl junkies will just get it from somewhere else :rolleyes:

# ? Dec 5, 2016 02:06

tagesschau: Sep 1, 2006; Can't post for 6 hours!

Professor Shark posted:

Lol they're imposing a collective agreement

Apparently they were asleep in 2015 and don't understand that collective labor action is a constitutional right in this country.

# ? Dec 5, 2016 02:48

Rime: Nov 2, 2011; by Games Forum

namaste faggots posted:

http://www.theprovince.com/business/local+business/metro+debt+experts+worry+about+increased+payday+loans/12412748/story.html

haha holy poo poo the whole "well if we don't provide <lovely thing x>, people will just get it from somewhere else"

this is like the most favoured argument for legalizing casinos and now it's being used by the payday loan industry

hey guys if we don't legalize fentanyl junkies will just get it from somewhere else

>Abruptly lost his manufacturing job.
>Unable to access employment insurance or financial support from family.
>One financial pitfall after another meant the family needed a series of loans.

Hmm. Yes. Indeed.

(We need a white trash smilie for this thread).

# ? Dec 5, 2016 03:01

Professor Shark: May 22, 2012

tagesschau posted:

Apparently they were asleep in 2015 and don't understand that collective labor action is a constitutional right in this country.

I don't think they care. They're also imposing the Sept 2nd contract, aka The First Contract that we voted down, which is the shittier of the two contracts they offered us

Anyway:

Professor Shark fucked around with this message at 10:43 on Dec 5, 2016

# ? Dec 5, 2016 10:41

Subjunctive: Sep 12, 2006; ✨sparkle and shine✨

namaste faggots posted:

hey guys if we don't legalize fentanyl junkies will just get it from somewhere else

They're not predatory loans, they're fiscal harm reduction.

# ? Dec 5, 2016 14:59

Fried Watermelon: Dec 29, 2008

namaste faggots posted:

http://www.theprovince.com/business/local+business/metro+debt+experts+worry+about+increased+payday+loans/12412748/story.html

haha holy poo poo the whole "well if we don't provide <lovely thing x>, people will just get it from somewhere else"

this is like the most favoured argument for legalizing casinos and now it's being used by the payday loan industry

hey guys if we don't legalize fentanyl junkies will just get it from somewhere else

I wonder why they couldn't go on unemployment

# ? Dec 5, 2016 17:09

ocrumsprug: Sep 23, 2010; by LITERALLY AN ADMIN

Fried Watermelon posted:

I wonder why they couldn't go on unemployment

Fired, or some technically self-employed contractor laughing about how he isn't a sucker paying EI premiums.

# ? Dec 5, 2016 17:20

Risky Bisquick: Jan 18, 2008; PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.; Buglord

quote:

http://www.cbc.ca/news/canada/british-columbia/senior-claims-financial-elder-abuse-1.3876776

GO PUBLIC
'Please give me some money!': Former millionaire, 92, says own children took his life savings

Financial elder abuse on the rise in Canada, RCMP says

Pete Stoopnikoff, 92, was a self-made millionaire, but now he says he can't afford to put gas in his car because two of his children took nearly all of his life savings.

He alleges his two oldest children drained his funds from a shared account that was meant to cover his living expenses and duped him into signing over two other multimillion-dollar accounts as well as properties.

Stoopnikoff says he has trouble sleeping and often breaks down when he thinks about his children's betrayal.

"We seniors learn to trust our children," he said. "And we don't expect anything like this to happen."

Rags to riches

Stoopnikoff was born in Saskatchewan but lived most of his life in B.C.'s Slocan Valley, where he borrowed money to buy a small gas station in the 1940s.

Anne Filippone
Anne Filippone offered to do all her father�s financial paperwork. He's accused her of helping herself to his money.
He invented an efficient wood burning heater in the 1950s and used the profits to invest in real estate, eventually becoming a multimillionaire.

Been Wronged? Contact Erica and the Go Public Team
His oldest daughter, Anne Filippone, became an accountant and started doing his taxes and later offered to take over all his bookkeeping.

"She was just wonderful to me," he said. "You couldn't ask for a better person."

Signing away savings

In June 2014, Filippone suggested her father give her and her brother Sam enduring power of attorney to handle his financial affairs. Stoopnikoff agreed.

He says his daughter told him to go to his local lawyer's office to sign some papers she'd had drawn up, called "deeds of gift" � legal documents transferring his ownership of several properties and two bank accounts containing millions to Filippone and Sam Stoopnikoff.

Despite signing a certificate saying the legal ramifications had been explained, and having a checkup with his doctor who said he was of sound mind and body, Stoopnikoff now says he didn't fully understand what he was doing.

"I signed them because she had asked me to sign them," he told Go Public. "I trusted them fully. And I defy any senior who wouldn't, under the same circumstances, do likewise."

Money goes missing

Stoopnikoff didn't become suspicious until June 2016, when he noticed a withdrawal from his joint account with the two children of more than $57,000 and phoned his credit union.

"And they told me, 'Your son has taken the money out,'" Stoopnikoff said. "I couldn't believe it, that my son would do that."

Sam Stoopnikoff
Sam Stoopnikoff wrote himself a cheque for more than $57,000 from a joint account meant to cover his father's living expenses.
The cheque his son wrote to himself drew from an account that wasn't covered by one of the deeds of gift, but was specifically earmarked "for groceries, paying bills and living expenses."

No comment from children

Sam Stoopnikoff referred Go Public's request for an interview to his lawyer, who said in an email "...the facts apparently provided [to Go Public] are demonstrably false."

The lawyer wouldn't elaborate as to which allegations are false or answer other questions.

But the biggest withdrawals from that account appear to have been made by Stoopnikoff's daughter, Anne Filippone, totalling more than $872,000.

On top of that, Stoopnikoff's name was removed from the two accounts covered by the deeds of gift he'd signed, denying him access to an estimated $3 million.
'I trusted them fully. And I defy any senior who wouldn't, under the same circumstances, do likewise.'
- Pete Stoopnikoff, 92
He says his daughter took all his financial records and his silver coin collection, estimated to be worth about $6,000, the last time she visited earlier this fall.

He says he's asked her for money several times, including pleading with her on the phone six weeks ago � the last time they spoke.

"I was begging. I said, 'Please give me some money!' And she said, 'No dad. No. I'll give you no money.'"

Filippone and her husband are on vacation at a condo in Yuma, Ariz. � a condo that was formerly owned by Pete Stoopnikoff.

Filippone didn't respond to an interview request, but her lawyer says "the allegations ... are disputed by our client" and that "Ms. Filippone ... has always dealt with his [Pete Stoopnikoff's] affairs and finances in the utmost good faith."

Dianna Stoopnikoff and her father Pete
Dianna Stoopnikoff, seen here with her father, says she�s "ashamed" of her older siblings.
Pete Stoopnikoff has a third child, Dianna Stoopnikoff, who says she's "ashamed" of her older siblings.

"My father worked very hard and he should be enjoying his retirement years, not having to worry about running out of money in a couple of months and begging for money."

Most common form of elder abuse

Stoopnikoff's story doesn't surprise Martha Jane Lewis, executive director of the BC Centre for Elder Advocacy and Support.

Last year, her office received more than 1,500 calls about possible financial elder abuse, which includes pressuring someone for money or the illegal or unauthorized use of someone's money or property.

Lewis says that number is expected to rise as the population ages and parents live longer.

Martha Jane Lewis
Elder advocate Martha Jane Lewis says children who rip off their parents tend to feel they�re entitled to the money. (Glen Kugelstadt/CBC )
"Older sons tend to be the biggest perpetrators," she says, "and grown children often believe they're entitled to their parents' money."

"They feel they're going to inherit it anyway. So why not help yourself early?"

In three recent cases she handled, elderly men were kicked out of their houses after they transferred title of their homes to their sons.

One ended up living in a shelter and the other two are staying with relatives.

'Older sons tend to be the biggest perpetrators.'
- Martha Jane Lewis, BC Centre for Elder Advocacy and Support
"The general public is not aware of how widespread this is, but in my job, when I end up talking to people and telling them what I do, virtually everyone has a story � something that has happened to a relative or a friend."

A national report released last year estimates almost 250,000 elderly Canadians have been financially abused.

Options for victims

Victims can seek civil recourse, and in some cases, what's happened is illegal.

Theft and fraud charges in cases of elder financial abuse are increasingly common, but the cases are challenging, says North Vancouver RCMP fraud investigator Cpl. Peri Mainwaring.

"It's difficult to investigate them, because it is usually complicated family dynamics or someone in the position as a caregiver who is financially or emotionally abusing an adult."

Seniors' financial vulnerability flagged for doctors
Victimized seniors tell their stories in new campaign
5 tips to protect seniors from becoming victims of fraud
Before even contacting police, Mainwaring suggests reporting abuse to the provincial Public Guardian and Trustee.

"They can immediately freeze accounts," Mainwaring said. "And if the suspect has power of attorney, the guardian can demand an account of all financial transactions."

Fighting back

Pete Stoopnikoff has hired lawyer Chrystie Stewart to rescind the enduring power of attorney and revoke the deeds of gift he granted his children.

"If that parent was under any undue influence," Stewart says, "if they didn't understand what they were doing or if there's something unconscionable about it � so that the child would be unjustly enriched and the parent would have a corresponding deprivation � then I'd say that would be reason to void that contract."

More from Go Public
In the meantime, Stoopnikoff is living frugally.

"Just last night he was invited to a seniors Christmas party, and he said he's not going," his daughter Dianna Stoopnikoff said.

"That's highly unusual; he's very social. So I asked him, 'Why aren't you going, dad?' and he said, 'Well, it's $25.' And that really broke my heart."

Just another heart warming :canada:

story involving money

# ? Dec 5, 2016 17:29

leftist heap: Feb 28, 2013; Fun Shoe

namaste faggots posted:

http://www.theprovince.com/business/local+business/metro+debt+experts+worry+about+increased+payday+loans/12412748/story.html

haha holy poo poo the whole "well if we don't provide <lovely thing x>, people will just get it from somewhere else"

this is like the most favoured argument for legalizing casinos and now it's being used by the payday loan industry

hey guys if we don't legalize fentanyl junkies will just get it from somewhere else

actually canadians are richer than they think.

# ? Dec 5, 2016 18:15

McGavin: Sep 18, 2012

leftist heap posted:

actually canadians are richer than they think.

What's in your wallet?

# ? Dec 5, 2016 18:20

Reince Penis: Nov 15, 2007; by R. Guyovich

McGavin posted:

What's in your wallet?

$25 and half a dozen credit cards.

# ? Dec 5, 2016 18:23

namaste friends: Sep 18, 2004; by Smythe

http://www.cbc.ca/news/canada/british-columbia/senior-claims-financial-elder-abuse-1.3876776

quote:

'I trusted them fully': B.C. man, 92, says of son and daughter who took his millions

Pete Stoopnikoff, 92, was a self-made millionaire, but now he says he can't afford to put gas in his car because two of his children took nearly all of his life savings.

He alleges his two oldest children drained his funds from a shared account that was meant to cover his living expenses and duped him into signing over two other multimillion-dollar accounts as well as properties.

Stoopnikoff says he has trouble sleeping and often breaks down when he thinks about his children's betrayal.

"We seniors learn to trust our children," he said. "And we don't expect anything like this to happen."

well maybe you should have been more careful about trusting your children. rules are rules and you gotta do what you gotta do to live in the best place on earth

# ? Dec 6, 2016 05:40

HookShot: Dec 26, 2005

I love it when CI just comes in and posts without checking to see if someone already posted the exact same thing four posts earlier or not.

# ? Dec 6, 2016 05:49

namaste friends: Sep 18, 2004; by Smythe

I love it when you metapost

# ? Dec 6, 2016 05:55

HookShot: Dec 26, 2005

# ? Dec 6, 2016 06:04

Risky Bisquick: Jan 18, 2008; PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.; Buglord

CI don't sign over your wealth to your kids until you die everything will be okay

# ? Dec 6, 2016 16:54

Slowpoke!: Feb 12, 2008; ANIME IS FOR ADULTS

namaste faggots posted:

http://www.theprovince.com/business/local+business/metro+debt+experts+worry+about+increased+payday+loans/12412748/story.html

haha holy poo poo the whole "well if we don't provide <lovely thing x>, people will just get it from somewhere else"

this is like the most favoured argument for legalizing casinos and now it's being used by the payday loan industry

hey guys if we don't legalize fentanyl junkies will just get it from somewhere else

The Credit Union I used to work for in the states offered Salary Advance Loans for people who had direct deposit. It was a very low interest rate and there were no fees, but it would be repaid in full on the next direct deposit. The idea behind it was "If we provide it, people won't have to get it from somewhere else."

No, they would just also get from payday lenders in addition to us. It didn't fix the problem.

# ? Dec 6, 2016 17:02

The Gunslinger: Jul 24, 2004; Do not forget the face of your father.; Fun Shoe

quote:

�Despite its unfavourable reputation, the licensed payday loans industry provides a necessary service for cash-strapped Canadians. Placing inappropriate regulations on the industry may reduce access to credit for the financially vulnerable.�

I hate PR speak like this, "a necessary service". People need to stop turning to debt for essentials, not pile on more of it. loving shameful that these things are even allowed to operate. I've never met someone who used a payday loan and has a good story about it, they just seem to make hitting bottom take longer and be more painful.

# ? Dec 6, 2016 17:29

Adbot: ADBOT LOVES YOU

# ? Jun 7, 2024 02:37

Lain Iwakura: Aug 5, 2004; The body exists only to verify one's own existence.; Taco Defender

I still want to see housing prices and Money Mart locations correlated on a map.

# ? Dec 6, 2016 18:16

The Something Awful Forums > Discussion > Debate & Discussion > Canada Housing/Debt: Trust me, I'm a landlord.

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