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https://www.cbc.ca/news/canada/london/lake-huron-erosion-1.6736385 Idiot couple finds out 350K lakefront house is falling into the water. Still closes on deal. Now they're filing a 2.2M dollar lawsuit. Not sure why they think their damages are over 6 times as high as what they paid for the house.
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Feb 13, 2023 03:13
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| # ¿ May 17, 2024 18:48 |
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If Canada scales back on international students there will be huge issues with Ontario universities. Right now they've basically had their income frozen for the past decade, because Ford froze tuitions, but also froze funding. I believe Wynne also froze the number of funded places (which of course Ford continued). The universities use international students, along with expensive grad programs such as business and law or medical schools, to make up the funding gaps. They are already having trouble attracting qualified workers, as they can't match US or other international salaries. If you recall, Laurentian went bankrupt a little while ago, and others will follow suit if these conditions continue (probably Brock first). (Laurentian went bankrupt deliberately though because they tried to pull the classic business rear end in a top hat move of weaseling out of their debts). There have been rumblings of going private among high-level administrators. These are not serious at this point, but eventually will be. So say hello to your new US style education system in 10 years time  .
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Jun 10, 2023 10:24
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qhat posted:Let’s say, for the sake of argument, I bought 100k worth of dividend paying ETFs. It pays 3%, or $3000, a year. Not bad! But I’m a greedy geezer and I want a lot more, so I take out a loan for a million bucks and get a nice $30k coupon each year, which is pretty much the cost of a 1 bedroom. There is a key difference here. When the ETFs stop paying dividends the richer entity (big companies) is taking from the poorer entity (you). Whereas, in the housing example the richer person (landlord, pbuh), is being not paid by the poorer person (sub-human renter). Hope that helps.
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Jun 14, 2023 17:18
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Pretty simple solution honestly. i) Tenant pays the taxes. ii) House is now the tenants.
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Apr 13, 2024 00:34
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Mantle posted:It's not your banker's opinion, it's actually the bank's opinion that the rates will go down during the comparable period of the fixed rate term. Otherwise they wouldn't be pricing their fixed rates that way. They're making billion dollar bets on being right. Hey now. These are Canadian banks. So it's more like Brian Scalabrine at best.
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Apr 16, 2024 20:53
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