|
.
James Baud fucked around with this message at 11:16 on Aug 25, 2018 |
#
?
Dec 6, 2016 19:03
|
|
|
|
| # ? May 9, 2024 22:11 |
|
|
James Baud posted:Hint: they're near the poor people Welcome to Canada, where payday loan places and houses "worth" $850,000 can exist within a hundred meters of one another.
|
|
#
?
Dec 6, 2016 19:58
|
|
|
tagesschau posted:Welcome to Canada, where payday loan places and houses "worth" $850,000 can exist within a hundred meters of one another. In Vancouver, double that figure.
|
|
#
?
Dec 6, 2016 20:13
|
|
|
.
James Baud fucked around with this message at 11:09 on Aug 25, 2018 |
|
#
?
Dec 6, 2016 20:17
|
|
|
.
James Baud fucked around with this message at 11:16 on Aug 25, 2018 |
|
#
?
Dec 6, 2016 22:05
|
|
|
Yeah $850k is a meh two bedroom condo in my hood and I'm right next to a pawn shop, salvation army, cash advance place and like four weed shops.
|
|
|
#
?
Dec 7, 2016 01:59
|
|
|
Australia just had -0.5% GDP growth for the September quarter.
|
|
#
?
Dec 7, 2016 02:43
|
|
|
Good. gently caress your lovely country
|
|
#
?
Dec 7, 2016 03:43
|
|
|
namaste faggots posted:Good. gently caress your lovely country namaste
|
|
#
?
Dec 7, 2016 03:48
|
|
|
Vancouver.mp4: https://flic.kr/p/PUkSsy That's a heritage house GTFOing
|
|
|
#
?
Dec 7, 2016 09:12
|
|
|
UnfortunateSexFart posted:Vancouver.mp4: https://flic.kr/p/PUkSsy I was waiting for it to fall off 
|
|
#
?
Dec 7, 2016 09:44
|
|
|
UnfortunateSexFart posted:Yeah $850k is a meh two bedroom condo in my hood and I'm right next to a pawn shop, salvation army, cash advance place and like four weed shops. 3/4 of those things are good, convenient things to live around. 6/7 if you count the weed shops individually.
|
|
#
?
Dec 7, 2016 10:48
|
|
|
OSI bean dip posted:I still want to see housing prices and Money Mart locations correlated on a map. James Baud posted:Hint: they're near the poor people  There is a direct correlation between payday loan businesses and depressed housing prices / higher quantity of rentals.
|
|
#
?
Dec 7, 2016 15:43
|
|
|
Risky Bisquick posted:
You know nothing of Vancouver jm20 Snow. Nothing correlates here. X-posted from the LAN thread 
|
|
#
?
Dec 7, 2016 16:04
|
|
|
Isn't it also colder in VYR than YYZ today? Fuerdai are used to driving their low clearance supercars in the snow with summers 
|
|
#
?
Dec 7, 2016 16:08
|
|
|
It's -11 as I type this. Feels loving awesome compared to muggy rear end rain.  Honestly, if we got actual winter here for 3 or 4 months it would make this city significantly more livable for me.
|
|
#
?
Dec 7, 2016 16:20
|
|
|
Canadians' average debt load now up to $22,081, 3.6% rise since last year. Total consumer debt load now at more than $1.7 trillion.quote:But while the average is rising, that figure belies an interesting paradox: Many people owe nothing at all, but those who do are borrowing more and more. How can I get out of this crushing consumer debt? I know! I'll spend my way out!
|
|
#
?
Dec 7, 2016 16:58
|
|
|
http://torontolife.com/real-estate/torontos-real-estate-market-will-like-50-years/ What Toronto’s real estate market will be like in 50 years quote:The average home will cost $4.4 million
|
|
#
?
Dec 7, 2016 18:03
|
|
|
did this guy literally take a ruler and measure rise over run
|
|
#
?
Dec 7, 2016 18:13
|
|
|
Average home will be worth 19 million in Vancouver long before then (if past performance = future), though I think you are supposed to look at that number and go "yeah, that's silly" not "good analysis bro, let's buy a house."
|
|
#
?
Dec 7, 2016 18:19
|
|
|
https://twitter.com/CBCToronto/status/806478986742288384 Get fuuuuuuucked Realtors
|
|
#
?
Dec 7, 2016 18:40
|
|
|
namaste faggots posted:https://twitter.com/CBCToronto/status/806478986742288384 I have such a deep distrust for Realtors and the RE industry as a whole I'm not sure how I'd make it through the home buying process - I don't think I'd believe a single fact or figure an agent utters. This just proves that keeping the client in the dark is one of the major reasons for bidding wars and price escalation and TREB wants to keep it that way.
|
|
#
?
Dec 7, 2016 18:48
|
|
|
namaste faggots posted:did this guy literally take a ruler and measure rise over run If it's anything like the people I knew in high school who became realtors, I doubt he even did that much.
|
|
#
?
Dec 7, 2016 21:28
|
|
|
The amenity BBQ for a 34 story building: Hope you're only cooking one steak. Rime fucked around with this message at 21:54 on Dec 7, 2016 |
|
#
?
Dec 7, 2016 21:51
|
|
|
get into the market now, or doom all your future genetic line to be rent morlocks, serving the base whims of the property owning eloi
|
|
#
?
Dec 7, 2016 21:56
|
|
|
I've overhead someone at work owning their house and the two adjacent properties to have control over who their neighbours are and as investments.
|
|
#
?
Dec 7, 2016 21:58
|
|
|
Risky Bisquick posted:I've overhead someone at work owning their house and the two adjacent properties to have control over who their neighbours are and as investments. One of my friend's parents did this. It's in Westboro and probably was a sound investment.
|
|
#
?
Dec 8, 2016 01:45
|
|
|
I know a guy in a smaller city in the US who owned most of his block. His big house, a huge detached garage, his business, a storage/workshop building he leased out to another company, and a big bunch of vacant land. There was an old little turn of the century 3 story apartment building on the block though that had "ghetto" people in it. He didn't like those people near him, specially because they kept causing trouble on his property, breaking into his business and so on. So he bought the apartment building, looked into restoring it and found it would be a money pit, and tore the thing down. He probably still couldn't buy a single house in vancouver or toronto even if he sold off his entire block in random fly over state small city though.
|
|
#
?
Dec 8, 2016 02:39
|
|
|
http://business.financialpost.com/n...__lsa=39d8-3597quote:A modest, wartime, two-bedroom home in Windsor generated a “record” 31 offers, and sold for about $25,000 above the asking price this week, indicating that frigid temperatures were not cooling down the region’s sizzling real estate market. so windsor is the best place on earth
|
|
#
?
Dec 8, 2016 06:24
|
|
|
http://www.bnn.ca/bill-gross-says-canada-s-housing-market-is-growing-more-tenuous-1.625787#_gus&_gucid=&_gup=Facebook&_gsc=AomnYglquote:Bill Gross says Canada's housing market is growing ‘more tenuous’
|
|
#
?
Dec 8, 2016 06:27
|
|
|
namaste faggots posted:http://business.financialpost.com/n...__lsa=39d8-3597
|
|
#
?
Dec 8, 2016 06:50
|
|
|
http://www.macleans.ca/economy/bank-of-canada-keeps-interest-rate-at-low-0-5/quote:
zzzzzzz
|
|
#
?
Dec 8, 2016 08:25
|
|
|
Poloz boldly continues Carney's good work in ensuring catastrophic misallocation of capital.
|
|
#
?
Dec 8, 2016 08:55
|
|
|
Baronjutter posted:I know a guy in a smaller city in the US who owned most of his block. His big house, a huge detached garage, his business, a storage/workshop building he leased out to another company, and a big bunch of vacant land. There was an old little turn of the century 3 story apartment building on the block though that had "ghetto" people in it. He didn't like those people near him, specially because they kept causing trouble on his property, breaking into his business and so on. So he bought the apartment building, looked into restoring it and found it would be a money pit, and tore the thing down. There are a lot of people that did this in the inner suburbs around toronto in the downsview/ western 401 areas. Construction workers that bought 3-4 acres when the neighbourhoods were mostly empty land then developed them over the course of 40 years and they're multi millionaires now. Some still buy any neighbours houses when they go up for sale then demolish and redevelop the lots. People hear stories of how much money there is to be made doing this stuff then try and get in on it and don't realize the special circumstances surrounding it. Like, if you bought the empty lot for 5,000 dollars in 1975 yeah you'll make money building a house on it. If you buy it for 1,000,000 today maybe not so much.
|
|
#
?
Dec 8, 2016 15:00
|
|
|
namaste faggots posted:http://www.macleans.ca/economy/bank-of-canada-keeps-interest-rate-at-low-0-5/ its been 3.5 years since you started this thread and still no crash starting to doubt your credentials as an economic analyst, CI
|
|
#
?
Dec 8, 2016 15:02
|
|
|
I've never claimed an actual date and time for a crash but if your stunted video game addicted autism brain craves certainty I suggest you take up 3d chess instead of market speculation
|
|
#
?
Dec 8, 2016 16:27
|
|
|
Guy DeBorgore posted:its been 3.5 years since you started this thread and still no crash Guy DeBorgore posted:Although if you're interested, I've got a friendly wager for you. How about, for the next five years, I'll keep doing the boring practical work of improving bank regulation, and you keep spamming this thread with impotent rage. Then we can check back with each other and see who's done more to rebalance the relationship between Canadian citizens and their financial system. Sound good? State your credentials, Guy. Are you in RE as a mortgage broker or something?
|
|
#
?
Dec 8, 2016 16:34
|
|
|
Haha when did he post that
|
|
#
?
Dec 8, 2016 16:39
|
|
|
Let's just overlook that Canadians on average $22,000 in non-mortgage debt at the same time, right? The bubble hasn't popped so everyone here is all wrong.  The same poo poo was said in the bubble threads in the mid-2000s when it was affecting the United States.
|
|
#
?
Dec 8, 2016 16:45
|
|
|
|
| # ? May 9, 2024 22:11 |
|
|
All that debt is truck equity, we're too proud to drive a car that is a decade old here.
|
|
#
?
Dec 8, 2016 16:49
|
|