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Rutibex posted:its going to collapse one way or another. the boomers are all going to retire at the same time and none of their kids are able to buy the family house. that means when the boomers try to sell their house and cash out their retirement money the market will be flooded and prices will crash The boomers run from 1946-64, making them 57-75. The cohort of homeowners that you think is going to cause a crash is already majority retired.
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Mar 16, 2021 14:36
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Aren't like half of boomers retirement age anyway? (or at least the ones sitting on multiple million dollar homes) I don't see why Gen X or millennials are going to be suddenly virtuous and reject pumping up the bubble the same as boomers did, I think the problem is more about housing intentionally propped up as an investment vehicle and less about generations being fundamentally sinful or whatever the gently caress all this boomer vs millennial bullshit is all about.
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Mar 16, 2021 14:37
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Boomers are already cashing in on the high value of their homes, not by selling them, but by taking out HELOCs. Then they will die and their children will inherit both an overvalued home and a large loan taken out against the high value of that home, and that will be a fun time.
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Mar 16, 2021 14:38
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enki42 posted:Aren't like half of boomers retirement age anyway? (or at least the ones sitting on multiple million dollar homes) I don't see why Gen X or millennials are going to be suddenly virtuous and reject pumping up the bubble the same as boomers did, I think the problem is more about housing intentionally propped up as an investment vehicle and less about generations being fundamentally sinful or whatever the gently caress all this boomer vs millennial bullshit is all about. Yeah the generational stuff is bullshit imo. There's a huge amount of people borrowing against their parents inflated home equity to put down payments on homes, feeding the inflationary pressure on prices.
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Mar 16, 2021 14:40
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Instead of a 100% profit margin, we're making 80, 90% margins at times... it's an absolute nightmare. I don't know how anyone can survive in this environment..
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Mar 16, 2021 14:54
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Another Bill posted:The boomers run from 1946-64, making them 57-75. The cohort of homeowners that you think is going to cause a crash is already majority retired. there is "retired" and there is "so old you can't take care of yourself any more". A 65 year old boomer can still live in their house, but what happens when that boomer is 80 and they need 24/7 nursing care? thats not cheap, thats when the house gets sold
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Mar 16, 2021 15:00
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Another Bill posted:DON'T be a contrarian poo poo. DO get the vaccine if for no other reason than to protect people who medically cannot. Lol eat poo poo I'll do what I want
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Mar 16, 2021 15:03
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Rutibex posted:there is "retired" and there is "so old you can't take care of yourself any more". A 65 year old boomer can still live in their house, but what happens when that boomer is 80 and they need 24/7 nursing care? thats not cheap, thats when the house gets sold I don't know dude all the boomers I know have already sold their Toronto houses and moved to the country or a small condo 
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Mar 16, 2021 15:04
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Terror Sweat posted:Lol eat poo poo I'll do what I want The thing about not getting vaccinated against a deadly endemic virus is it's a problem that kind of takes care of itself. Good luck!
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Mar 16, 2021 15:05
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Mar 16, 2021 15:09
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If the vaccine was some kind of mass genocide poison they wouldn't be loving up the distribution so badly what the hell does this even mean? the conservatives want your vote so they can destroy the economy and take your job? i mean yeah, but i didnt expect them to be so honest about it
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Mar 16, 2021 15:10
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Rutibex posted:If the vaccine was some kind of mass genocide poison they wouldn't be loving up the distribution so badly i mean are they even loving up the distribution that badly? Ontario at least has consistently has about a weeks worth of supply at any time, seems fine? There's a billion different ways ford has hosed up the pandemic but vaccine administration doesn't seem to be one of them?
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Mar 16, 2021 15:12
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enki42 posted:i mean are they even loving up the distribution that badly? Ontario at least has consistently has about a weeks worth of supply at any time, seems fine? Its an american vaccine obviously the genocide plot would come from america not doug forg 
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Mar 16, 2021 15:13
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Another Bill posted:The thing about not getting vaccinated against a deadly endemic virus is it's a problem that kind of takes care of itself. Good luck! "deadly" (USER WAS PUT ON PROBATION FOR THIS POST)
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Mar 16, 2021 15:18
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Terror Sweat posted:"deadly" yikes
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Mar 16, 2021 15:19
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Terror Sweat posted:"deadly" everyone rolls a natural 1 eventually
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Mar 16, 2021 15:21
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Terror Sweat posted:"deadly" Shut up idiot
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Mar 16, 2021 15:21
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Terror Sweat posted:"deadly" Lmao. Is this dude for real?
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Mar 16, 2021 15:27
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Terror Sweat posted:"deadly" this isn't facebook, you should make sure you're logged into the right place before you post
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Mar 16, 2021 15:30
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you could probably check their post history before you bite so hard on the hook
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Mar 16, 2021 15:30
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infernal machines posted:you could probably check their post history before you bite so hard on the hook Shhhhhhhhh
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Mar 16, 2021 15:45
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poo poo, sorry. you cast a line and they'll sink your boat throwing themselves bodily into it
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Mar 16, 2021 15:51
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Lol
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Mar 16, 2021 16:48
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Ah poo poo. I posted in the DD Canada thread thinking it was this one. We'll see how it goes.
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Mar 16, 2021 18:58
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quote:
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Mar 17, 2021 01:09
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i really don't want erin o'toole on the grill this summer
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Mar 17, 2021 01:10
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That would taste like poo poo
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Mar 17, 2021 01:11
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infernal machines posted:i really don't want erin o'toole on the grill this summer or anywhere or anytime quite frankly
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Mar 17, 2021 01:13
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idk, maybe you could do a kālua puaʻa or something.
infernal machines has issued a correction as of 01:21 on Mar 17, 2021 |
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Mar 17, 2021 01:14
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how was erin otoole 60 years old 6 years ago when hes like mid 40s
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Mar 17, 2021 01:17
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How... how do they have the same face? That's downright creepy. If that's his wife, I'm concerned about how closely they're related. If she's his sister, I'm concerned about how close they are. If she's both... well, I would be disturbed, but not that concerned.
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Mar 17, 2021 01:30
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i guess technically he's gone from serving our country to serving veterans and their families on the grill this summer, which is a bit much, even for the conservatives
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Mar 17, 2021 01:34
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Randalor posted:How... how do they have the same face? That's downright creepy. If that's his wife, I'm concerned about how closely they're related. If she's his sister, I'm concerned about how close they are. If she's both... well, I would be disturbed, but not that concerned. Some paranormal creatures tend to shapeshift and if two are close together they start trading features with one another and morph to an equilibrium To stay unnoticed they must feed before a new election period
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Mar 17, 2021 02:52
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Another Bill posted:Top female officer quits Canadian Forces, says she's 'sickened' by reports of sexual misconduct not to diminish her achievements or the significance of her act, because they're both noteworthy, but a lieutenant-colonel in the reserve is not a "top officer"
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Mar 17, 2021 03:05
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flakeloaf posted:not to diminish her achievements or the significance of her act, because they're both noteworthy, but a lieutenant-colonel in the reserve is not a "top officer" To be fair, to most laypeople (myself included) any rank above sergeant sounds very important
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Mar 17, 2021 05:09
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Fried Watermelon posted:Some paranormal creatures tend to shapeshift and if two are close together they start trading features with one another and morph to an equilibrium What shape Shifter would pick that though.
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Mar 17, 2021 05:30
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a conservative one
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Mar 17, 2021 14:09
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Fashionable Jorts posted:To be fair, to most laypeople (myself included) any rank above sergeant sounds very important Yup that's totally reasonable for someone whose job is not to report on the military  Someone who had that job - a CBC reporter, let's say - would know there are about fourteen female generals, including LGen Allen, the second-in-command of the whole show. A safe "no-HRMS" guess for the number of rank X is about triple the next-highest rank, so throw in thirty full colonels and 120 lieutenant colonels, then knock it back a bit because there are fewer women at all ranks to "about 20" and "IDK maybe 90?" respectively. Then you find out later in the article that she's a reservist and you throw up your hands cause that's an entirely different question
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Mar 17, 2021 14:25
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flakeloaf posted:Yup that's totally reasonable for someone whose job is not to report on the military i didn't know canada even had 14 generals. that seems like too many
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Mar 17, 2021 14:37
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Seriously how many people does it take to follow American orders
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Mar 17, 2021 14:39
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