|
Professor Shark posted:What happens to people in debt to banks if the market collapses? I suppose the odd individual might be ale to come out ahead. I read a few human interest stories of people who were forced into bankruptcy early after the GFC, lived rent free for years because their bank didn't have its poo poo together, and wind up better off after being able to bank a couple thousand bucks or more a month. For every one of those I imagine a million people will be gettin' turbofucked, but I don't know enough to accurately describe the mechanism of loving that will be endured.
|
#
?
May 11, 2017 15:34
|
|
|
|
| # ? May 10, 2024 12:29 |
|
|
dev286 posted:I see at least one of the big 6 going down. Maybe some mergers. lol, nah
|
|
#
?
May 11, 2017 16:00
|
|
|
leftist heap posted:lol, nah Yeah there's no way any of the big 6 "go down" we run our entire financial system through them.
|
|
#
?
May 11, 2017 16:05
|
|
|
PK loving SUBBAN posted:Yeah there's no way any of the big 6 "go down" we run our entire financial system through them. Yeah they know full well that if the house of cards starts wobbling, the government will give them infusions to keep stable. Too big to fail, after all.
|
|
#
?
May 11, 2017 16:09
|
|
|
I would be shocked if any c-level executives even had to fall on their swords.
|
|
#
?
May 11, 2017 16:11
|
|
|
Guys, the problem is real estate agents here just haven't figured out how to convince millenials to buy homes with the proper incentives:
|
|
#
?
May 11, 2017 16:14
|
|
|
HookShot posted:Guys, the problem is real estate agents here just haven't figured out how to convince millenials to buy homes with the proper incentives: Late stage capitalism is getting pretty hosed up
|
|
#
?
May 11, 2017 16:28
|
|
|
Meanwhile, in Richmond...
|
|
#
?
May 11, 2017 16:28
|
|
|
Don't they get to plunder CMHC and stay solvent if everything goes south? Isn't that the whole point of making bets with other people's money?
|
|
#
?
May 11, 2017 17:28
|
|
|
yippee cahier posted:Don't they get to plunder CMHC and stay solvent if everything goes south? Isn't that the whole point of making bets with other people's money? You are assuming the CMHC will not mass hire and look through each mortgage individually to ensure it was documented and issued as required. I would guess they will try to shirk the damage to the lenders first and foremost.
|
|
#
?
May 11, 2017 17:32
|
|
|
Cannot wait for the TD Canadian Royal National Imperial Scotiabank of Commerce of Montreal Trust.
|
|
#
?
May 11, 2017 17:45
|
|
|
HookShot posted:Guys, the problem is real estate agents here just haven't figured out how to convince millenials to buy homes with the proper incentives: Honestly, an avocado a day is getting close to a $1000 incentive over a year these days. But just lol if you're too lazy to buy your own avocado and put it on your own toast.
|
|
#
?
May 11, 2017 17:46
|
|
|
PT6A posted:Honestly, an avocado a day is getting close to a $1000 incentive over a year these days. But just lol if you're too lazy to buy your own avocado and put it on your own toast. it's once per weekend, so only 52 avocados, although you don't need the whole thing to spread it on toast, so let's say it's at most 26 avocados
|
|
#
?
May 11, 2017 17:51
|
|
|
Oh I didn't see "once a weekend"; that's some next level bullshit. And you better believe I need a whole loving avocado to put avocado on toast, avocados are delicious and more is better. BRB going to buy avocados...
|
|
#
?
May 11, 2017 18:01
|
|
|
Is it artisanal hand made bread though
|
|
#
?
May 11, 2017 18:02
|
|
|
Millennials are saving their LootCrate boxes to live in, so this is just a waste.
|
|
#
?
May 11, 2017 20:14
|
|
|
$70,000 - $130,000 a year! Didn't realize butlers could fetch that. Not bad at all.
|
|
#
?
May 11, 2017 20:23
|
|
|
Q: And what about legal immigration? Do you want to cut the number of immigrants? TRUMP: Oh legal, no, no, no. I want people to come into the country legally. No, legally? No. I want people to come in legally. But I want people to come in on merit. I want to go to a merit-based system. Actually two countries that have very strong systems are Australia and Canada. And I like those systems very much, they’re very strong, they’re very good, I like them very much. We’re going to a much more merit-based system. But I absolutely want talented people coming in, I want people that are going to love our country coming in, I want people that are going to contribute to our country coming in. We want a provision at the right time, we want people that are coming in and will commit to not getting…not receiving any form of subsidy to live in our country for at least a five-year period.
|
|
#
?
May 11, 2017 21:26
|
|
|
The Butcher posted:$70,000 - $130,000 a year! Didn't realize butlers could fetch that. Not bad at all. The Butcher? More like The Butler
|
|
#
?
May 11, 2017 21:48
|
|
|
Pop-o-Matic Trouble posted:Q: And what about legal immigration? Do you want to cut the number of immigrants? To be fair wasn't his lovely loving venal piece of garbage son-in-law hawking US visas to rich mainlanders as part of a property investment scheme? Sounds like he would like to copy Canada's system exactly.
|
|
#
?
May 11, 2017 22:52
|
|
|
of course he would: his money is in real estate
|
|
#
?
May 11, 2017 22:55
|
|
|
lol
|
|
#
?
May 11, 2017 23:59
|
|
|
Chinese GDP figures and Vancouver real-estate stats certainly have reliability of data in common.
|
|
#
?
May 12, 2017 00:06
|
|
|
Herr Turner is saying that over 3200 real estate listings were made in Toronto in the past day, which is itself a doubling of the 1600 that happened the day before. I'm wondering if anybody else has encountered that information from any other source before going Ron Paul Spirit Fingers, my google-fu turns up nothing.
|
|
#
?
May 12, 2017 02:08
|
|
|
Don't ever do the thing I did and buy a condo, especially a pre-sale. I gave into pressure from my folks to "upgrade" and I loving regret it, it's a shithole run by tyrannical, moronic, useless cunts and it cost far more money than it ought to have done. Learn from my mistake, please! I wish I could visit me-from-three-years ago and administer myself a sound beating before I ever did this. I really do wish I'd listened to the good advice in this thread -- oh, how I wish it!
|
|
#
?
May 12, 2017 03:03
|
|
|
I mean, props for admitting you done goofed. You're already ahead of your peers with that move.
|
|
#
?
May 12, 2017 03:47
|
|
|
To be fair, if I were talking to them in person, I'd be explaining the many benefits of condo ownership so I can get the hell out from under this thing.
|
|
#
?
May 12, 2017 03:53
|
|
|
I'm hoping I'm not posting the same things about owning a little house a few years from now. But I probably will be.
|
|
#
?
May 12, 2017 04:01
|
|
|
EvilJoven posted:I'm hoping I'm not posting the same things about owning a little house a few years from now. You'll be posting different things than me. At least when you own your own place, you can turn on the A/C whenever you like. Our lobby is currently 28C, my apartment is 26 with windows open and a portable A/C running to cool my bedroom, but apparently it's just not warm enough to commission the A/C yet. Also the parking garage was obviously designed by someone who doesn't know how large vehicles are, and that you need more room than a car actually occupies in order to park it safely, because if the aisle is not wide, you need to worry about turning angles. If everyone drove cars, it would be tight but workable. But this is Calgary -- many people drive large pickups. There's gonna be a lot of damage done in this parkade. Und it has been decreed by Der Kondokommisar that to store bicycles other than in the parkade is STRICTLY VERBOTEN. Apparently trades can come in and out as they like and use the elevators -- they'll even reserve them -- but god forbid someone bring a bicycle through the lobby so they don't have to cycle up from 5 stories underground. EDIT: Regarding the temperature issue: it's way easier to heat up than it is to cool off, why don't these cheap bastards chill the common areas to 12 in winter to save money on heating? I can wear a sweater. PT6A fucked around with this message at 04:09 on May 12, 2017 |
|
#
?
May 12, 2017 04:06
|
|
|
Our heat was out for two weeks in December (two of the cold weeks), and nobody noticed, because it took that long for the building to cool down. The reduced surface area, latent heat in the radiant cooling tubes, and the generally better construction mean a big building just holds a lot of heat.
|
|
#
?
May 12, 2017 04:27
|
|
Yes, it's like a lava lamp.
|
PittTheElder posted:Our heat was out for two weeks in December (two of the cold weeks), and nobody noticed, because it took that long for the building to cool down. The reduced surface area, latent heat in the radiant cooling tubes, and the generally better construction mean a big building just holds a lot of heat. True. But everyone still asks "can't u just open a window lol this is Calgary!" when you bitch about the A/C being unserviceable.
|
|
#
?
May 12, 2017 04:38
|
|
|
The NDP in Nova Scotia are ready to open the provincial wallet, it's a good thing they won't win because the strain that thousands of people having aneurysms and mental break-downs the next day would put on the system would be hard to handle 
|
|
#
?
May 12, 2017 10:13
|
|
|
Throatwarbler posted:Those are all tiny streams compared to the major rivers running through Shanghai or Guanzhou,the Grand Canal was just big enough to float a barge through. The Chinese capital should have being/stayed in Nanjing after 1949
|
|
#
?
May 12, 2017 16:30
|
|
|
yippee cahier posted:People railing on about foreign speculation are strangely silent on the subject of domestic speculation. If speculation is the problem, why is the miracle solution to deter some of it and give the rest a free pass? Is it because people secretly want less competition when they themselves are trying to join the landlord class? domestic speculation is driven by the idea of infinite chinese capital in flows
|
|
#
?
May 12, 2017 16:55
|
|
|
 I'm the greenhouse house
|
|
#
?
May 12, 2017 19:21
|
|
|
https://betterdwelling.com/capital-controls-continue-halt-mainland-chinese-real-estate-buyers/#_
|
|
#
?
May 12, 2017 19:27
|
|
|
THC posted:
and I'm the sustainable R value of glass
|
|
#
?
May 12, 2017 19:29
|
|
|
I'm the energy efficient incandescent lighting. edit: Granite countertops tho
|
|
#
?
May 12, 2017 19:37
|
|
|
Imagine going for a huge poo poo and your spouse is right above you, just bracing themselves for the poo poo fumes
|
|
#
?
May 12, 2017 20:03
|
|
|
|
| # ? May 10, 2024 12:29 |
|
|
Fried Watermelon posted:Imagine going for a huge poo poo and your spouse is right above you, just bracing themselves for the poo poo fumes Nothing better than cooking dinner in the room and having your spouses shitfume smell mingle with your food.
|
|
#
?
May 12, 2017 20:08
|
|
