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Now when I hand out these Realtor(r) tests remember what I taught you in class. A, A, B, C, A, C, D Make me proud!
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Apr 19, 2017 16:03
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EvilJoven posted:Hey guys. I wish. I can't leave the GTA unless I leave my wife. Nobody else would have me, so I'm stuck until her parents finally die. We actually tried to live in Hamilton as a compromise but the commutes killed me and the local job market there suuuuuucked. At least I made a nice stack selling that house and moving to a rental closer to work and friends.
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Apr 19, 2017 16:12
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Cold on a Cob posted:I wish. I can't leave the GTA unless I leave my wife. Nobody else would have me, so I'm stuck until her parents finally die. It's a shame you sold early otherwise your unrealized gains could've appreciated to infinity.
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Apr 19, 2017 16:17
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I hear ya. I tried living in Hamilton and working in Toronto for a few years and it was murder. Such a shame too because I liked Hamilton a lot more than Toronto. It's probably why I like Winnipeg so much, in a lot of ways it's Hamilton but with rivers instead of the escarpment and actually more tolerable weather. EDIT: I also really really miss the escarpment parkland. Now that I'm heavy into biking I want to see how much better I'd be at climbing the rail trails than I was back when I was riding a size too small rigid mountain bike. EvilJoven fucked around with this message at 16:21 on Apr 19, 2017 |
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Apr 19, 2017 16:18
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Tl;DR The revolution is coming, we can't do anything about it, something with milk crates and tarps might mitigate the damage, BUY NOW*.  *buy property in New Zealand, hide from the angry mob.
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Apr 19, 2017 16:45
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https://www.thestar.com/news/queenspark/2017/04/18/sousa-set-to-unveil-10-measures-targeting-housing-affordability.htmlquote:Sources told the Star that Sousa will release his plan as early as Thursday — a week before he tables the first balanced budget in Ontario since 2008. Yessssssss. I hope this happens. I lust for rent control.
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Apr 19, 2017 17:47
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Didn't anyway tell you rent control is bad? It actually restrains supply because faaaarrrrt
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Apr 19, 2017 18:23
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If we adapt our expectations and create new solutions we can all have "decent" shelter.   brb, shapening my guillotine...
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Apr 19, 2017 18:34
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The Butcher posted:
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Apr 19, 2017 18:54
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It's different now, we need to adjust to new realities like cramped communal apartments and being forced to work gray or black market "gigs" in the "sharing economy" in order to afford decent things. But this is all good, it just means our region is very wealthy and successful. The alternatives, like rent control or government meddling in affordable housing, would be like communism and communism led to people in shared apartments forced into side work and black market trade to get by. Oh also because we spent all the money bailing out the banks and rich home owners because heaven forbid they have to adjust their expectations to only having "decent profits" we've totally privatized healthcare and education, but this is actually good because it's about choices now.
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Apr 19, 2017 19:09
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Did any of you ever read this series of money laundering investigations? Somehow I completely missed it. http://projects.thestar.com/panama-papers/canada-is-the-worlds-newest-tax-haven/ http://projects.thestar.com/panama-papers/how-a-quebec-company-hid-millions-from-tax-collectors/ http://projects.thestar.com/panama-papers/canada-signatures-for-sale/ http://projects.thestar.com/panama-papers/lessons-for-canada/
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Apr 19, 2017 19:28
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namaste faggots posted:http://www.bnn.ca/real-estate/video/canada-s-transparency-troubles~1103561?hootPostID=052aa32fe5cdcd06d41192cfdbe7ec23 Why are canadians obsessed with punishing success? If you want to live in vancouver, maybe you should skim money off of a government funded construction project and fly to canada with the cash strapped to your body like everybody else. Why do you think you should just be handed a house for working 60 hours a week with a $50,000 education?
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Apr 19, 2017 19:28
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Powershift posted:Why are canadians obsessed with punishing success? Or else learn to adapt your expectations and make do with "decent" shelter remember Global Forces of Supply and Demand are more powerful and government legislation
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Apr 19, 2017 19:31
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Remember, the rabble's guillotine is more powerful than both government regulations or development industry propaganda.
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Apr 19, 2017 19:34
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http://www.theglobeandmail.com/real...b+Article+Linksquote:
hey guys we're finally gonna start enforcing cap gains tax rules lol
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Apr 19, 2017 19:34
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Baronjutter posted:Remember, the rabble's guillotine is more powerful than both government regulations or development industry propaganda. how many developers have you relieved of this mortal coil i thought so
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Apr 19, 2017 19:35
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namaste faggots posted:Did any of you ever read this series of money laundering investigations? Somehow I completely missed it. Bill Morneau has vowed to have meetings about this. loving lol quote:Canada’s justice system is what really draws the criminals, said Chris Mathers, a former RCMP officer who worked undercover on money laundering busts.
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Apr 19, 2017 19:46
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leftist heap posted:Bill Morneau has vowed to have meetings about this. There isn't a consensus among canadians whether or not they want meetings on this.
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Apr 19, 2017 20:01
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So is Toronto the last stop on the speculative mania bubble or will another region get pulled in before it pops? We need a recession to cool things down. Every Canadian is trying to get in to the free money investment home market. Can't rely at all on any government for policy since they've lost control and it would bring them down.
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Apr 19, 2017 22:38
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We need a recession to beat some loving humility into the Canadian population.
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Apr 19, 2017 22:41
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Can't wait until foreign investors are speculating in Regina
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Apr 19, 2017 22:41
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namaste faggots posted:http://www.bnn.ca/real-estate/video/canada-s-transparency-troubles~1103561?hootPostID=052aa32fe5cdcd06d41192cfdbe7ec23 Why the gently caress do I need flash player for this?
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Apr 19, 2017 22:45
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Some people on my FB found an article that doom and glooms toronto real estate and they are in a frenzy telling everyone to cash out now. They just clued in and it's pretty entertaining to watch.
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Apr 19, 2017 22:45
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https://www.mises.ca/canada-flagged-for-recession-by-bis/ Take that, Australia.
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Apr 19, 2017 22:58
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cowofwar posted:So is Toronto the last stop on the speculative mania bubble or will another region get pulled in before it pops? i know it's lol Victoria but we still haven't implemented any of the poo poo Vancouver did (vacancy tax, foreign buyer tax) and most efforts to do so seem dead in the water due to our insane constellations of dumbass municipalities. Victoria proper might be on board with that poo poo but Saanich and Oak Bay are nimby and old as gently caress and would never do something as vulgar as hurt people's equity.
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Apr 19, 2017 23:01
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Cmon man mises.ca?
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Apr 19, 2017 23:27
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Meanwhile since Vail bought the epic pass I'm pretty sure prices in Whistler are going to keep going up even if the rest of Canada gets recession-hit. I personally need America go to down with us.
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Apr 19, 2017 23:31
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I think most of the country is too poor and focused on survival to really give a flying gently caress about season pass prices for resorts at this point, to be quite honest.
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Apr 19, 2017 23:47
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We just sold our Hamilton house. How dumb would it be to just sit on the cash and rent for a year in Vancouver? I figure a million mortgage is $25k a year in interest alone and we could get a 2BR for $36k a year. Market's been hot for a decade so no guarantee that it ends any time soon. A correction of 10% would pay rent for three years.
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Apr 19, 2017 23:54
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cowofwar posted:We just sold our Hamilton house. How dumb would it be to just sit on the cash and rent for a year in Vancouver? I figure a million mortgage is $25k a year in interest alone and we could get a 2BR for $36k a year. Market's been hot for a decade so no guarantee that it ends any time soon. A correction of 10% would pay rent for three years. You are playing at market timing at the end of the day. Detached could very well be down 10% in a year. Or maybe it keeps going exponential for another 10 years and you will have been PRICED OUT FOREVER. So just depends what sort of risk you want to take/your finances can absorb. Do the immediate buy and know your costs upfront and don't have to sweat it, or give it a year renting and see what happens (could you still buy if it went +10% in that year?). Would it sting you financially/emotionally too much to pay 10% more? What about the stress of seeing prices potentially ratchet up month/month while you rent? How's your partner feel about those questions? Gonna be a different picture for everyone. FWIW, being the bear thread and all, I'd wait and rent for a year, if and only if you could still afford without hardship or emotional strife things getting more expensive while you wait. If it's all or nothing, can afford at this price but no higher, I don't think rolling the dice would be worth it and you should just strike immediately. Plus side, taking the year will give you more time to get to know the city and scope out better where you'd like to buy as well. The Butcher fucked around with this message at 00:10 on Apr 20, 2017 |
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Apr 20, 2017 00:08
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The Butcher posted:
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Apr 20, 2017 00:15
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Rime posted:I think most of the country is too poor and focused on survival to really give a flying gently caress about season pass prices for resorts at this point, to be quite honest.
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Apr 20, 2017 00:24
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https://twitter.com/StephenPunwasi/status/854847734481924096
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Apr 20, 2017 01:04
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http://archive.is/XzrxI archive link for that cmhc job just in case 
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Apr 20, 2017 01:06
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Holy poo poo, the rarest of Canadian unicorns, a listed salary range for a job posting.
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Apr 20, 2017 01:18
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All government jobs have salary ranges listed.
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Apr 20, 2017 01:33
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Senior housing market analyst that can't afford a house.
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Apr 20, 2017 02:09
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I would blow Dane Cook posted:Senior housing market analyst that can't afford a house. Recommendations: Make houses less expensive.
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Apr 20, 2017 02:11
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Government jobs overpay at the low end and underpay at the high end. It explains a lot.
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Apr 20, 2017 02:24
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