|
Saltin posted:Groceries are expensive in Canada period, but cheese is an order of magnitude more expensive than it should be and it's artificially high on purpose . My wife and I spend a decent amount of time in the Yucatan in Mexico and you can get good fresh groceries for a family there, a bottle of tequila and a case of beer for around $100 USD and it's enough to last the week (not the beer, that lasts a few days). Trader Joes is a loving godsend for cheap, good, groceries. Milk is like less than 2 bucks for 1.89L
|
#
?
Apr 5, 2014 15:34
|
|
|
|
| # ? May 8, 2024 06:46 |
|
|
PT6A posted:Maybe Calgary's more expensive than I realized, but I routinely pay $10-15 for around 300g of [good tasting] cheese. Is that really obscene? Granted, it will take me about 2-3 weeks to make my way through that cheese unless I specifically cook dishes that use a lot of cheese. I'm a heathen that actually doesn't really like cheese, that's how much I pay for cheddar, which is the only cheese I buy. But yeah, cheese prices in Canada are stupid to begin with, but in Whistler they're even worse. I remember when I was in Italy in 2012 the local supermarket had parmesan on sale, E1.09 for a kilo.
|
|
#
?
Apr 5, 2014 15:47
|
|
|
Thank the dairy cartel and supply management for that one. Odd that we have expensive food staples as a national policy goal.
|
|
#
?
Apr 5, 2014 16:06
|
|
|
PT6A posted:Maybe Calgary's more expensive than I realized, but I routinely pay $10-15 for around 300g of [good tasting] cheese. Is that really obscene? Granted, it will take me about 2-3 weeks to make my way through that cheese unless I specifically cook dishes that use a lot of cheese. Have you tried Wisconsin Parmesan? It's a bit cheaper. Really nice to wash it down with some Californian Champagne, too.
|
|
#
?
Apr 5, 2014 16:47
|
|
|
enbot posted:Have you tried Wisconsin Parmesan? It's a bit cheaper. Really nice to wash it down with some Californian Champagne, too. No, it was Balderson 2-year-old Cheddar at around $10/280g.
|
|
#
?
Apr 5, 2014 16:53
|
|
|
Cultural Imperial posted:Trader Joes is a loving godsend for cheap, good, groceries. Milk is like less than 2 bucks for 1.89L Trader Joes is pretty much my fav place to shop, pretty good overall for the groceries, nice staff and lots of cute girls tend to work there too.
|
|
#
?
Apr 5, 2014 17:12
|
|
|
PT6A posted:No, it was Balderson 2-year-old Cheddar at around $10/280g. He was making fun of you 
|
|
#
?
Apr 5, 2014 17:17
|
|
|
Whiskey Sours posted:He was making fun of you I know; he's quite committed, as are other people, to demonstrate their ignorance on the subject of why PDOs are a good thing for producers and consumers. It doesn't matter, because luckily all the people I deal with in my daily life agree with me on this subject. You see, when we were having the large argument whence came my custom title, I was worried that perhaps I was in the minority, and it was frustrating, but it turns out I'm not.
|
|
#
?
Apr 5, 2014 17:24
|
|
|
PT6A, stop making every thread about cheese, it's annoying as gently caress. Today's dose of schadenfreude: Condo price drop vaporizes couple’s life savings
|
|
#
?
Apr 5, 2014 21:32
|
|
|
RBC posted:PT6A, stop making every thread about cheese, it's annoying as gently caress. lol Situation: Bad condo investment was enough to decimate retirement plan, but they also subsidize friend who rents it from them Solution: Even with selling the property and working until 70, this couple will struggle with current income. A bigger paycheque would help 
|
|
#
?
Apr 5, 2014 21:46
|
|
|
Holy Christ. That's unreal.
|
|
#
?
Apr 5, 2014 22:14
|
|
|
Lexicon posted:Holy Christ. That's unreal. They suck at money such as renting their cash drain condo to a friend for only $575 a month.
|
|
#
?
Apr 5, 2014 22:19
|
|
|
Well there's a great example of how a family can have substantial income and still gently caress up their finances badly. The husband makes $1875/month gross part time. That's what, at least $1650 net for him considering super low Alberta taxes, right? So his wife is making 4650/month net income, maybe 6000 gross? I hope her $72K/year job at a non-profit feels secure, and that they don't suddenly have to start paying more than just $100/month in child care for a 7 year-old. By the way, I thought there was no housing bubble? Where exactly did their BC rental condo tank so badly, Whistler?
|
|
#
?
Apr 5, 2014 22:21
|
|
|
eXXon posted:Well there's a great example of how a family can have substantial income and still gently caress up their finances badly. plus the whole thing on how due to the condo price drop, they basically lost their whole 70,000 cash downpayment. For a comparison purposes the same investment put into a diversified investment portfolio would only loses around 20% in a worst case situation (2009 recession) but then rapidly recover in the follow years. Home ownership as a "investment" pretty much sucks due to maintenance costs, selling costs, taxes and also the all eggs in one basket/no liquidity problem which the biggest knock against the idea IMO. etalian fucked around with this message at 22:26 on Apr 5, 2014 |
|
#
?
Apr 5, 2014 22:22
|
|
|
The part I find the most unbelievable is that they're they're just giving their friend a $600 freebie on the condo. Every month. Regarding the analysis - I don't know how tenant-friendly BC is, but having a tenant at $600 below the market would be a pretty big disincentive to an investment buyer, wouldn't it? And a buyer who intends to occupy wouldn't care whether if there was a renter. I agree that they should sell the place and cut their losses, but that point just seemed a bit weird.
|
|
#
?
Apr 5, 2014 22:35
|
|
|
FrozenVent posted:The part I find the most unbelievable is that they're they're just giving their friend a $600 freebie on the condo. Every month. Also another investment pro-tip is never rush out to buy a property after big job move, it's better to wait a few years to see if the area and also jobs pan out after the relocation. In their case after moving from the UK they rushed out to buy their dream condo in 2008.
|
|
#
?
Apr 5, 2014 22:49
|
|
|
Antifreeze Head posted:
Interestingly that house was just relisted at $5k lower. I'm hesitant to take this as a sign of anything but it is the opposite of what I've been expecting.
|
|
#
?
Apr 5, 2014 23:07
|
|
|
Wish I'd taken a picture, but last fall there was a Duproprio for sale sign on the corner of a cul-de-sac for a house inside, and for whatever reason they had the asking price written on the sign. Then they'd changed an 8 into a 3. Then they crossed the price out and wrote another one in marker. The sign went away around the first snowstorm, I don't know if the house was sold or the sign just got knocked over.
|
|
#
?
Apr 5, 2014 23:11
|
|
|
RBC posted:PT6A, stop making every thread about cheese, it's annoying as gently caress. I'm not the one who brings it up.
|
|
#
?
Apr 5, 2014 23:55
|
|
|
RBC posted:PT6A, stop making every thread about cheese, it's annoying as gently caress. From that article: FinPo posted:She has come full circle from middle class security to cultural hobo and back to middle class but without financial security. They have take home salary income of $6,284 a month and receive $650 rent from a condo they own. Total income — $6,934 a month. Again, though, the whole "middle class" thing. With an after-tax income of $83K/year, these people are a hair's breadth from the top income quintile. They are not "middle class". They are rich. And that budget? $1K/month on food for two people and one kid? Do they do all their shopping at Whole Foods and specialist boutiques? Plus they've got enough personal debt that they're making nearly $800/month in payments, but there's nary a mention of debt snowballing or even trying to address that in the article. Lead out in cuffs posted:So I guess it's the wealthiest Canadians living beyond their means. Ugh, by the end of this bubble, I don't think things will quite be Mad Max, but there's a good chance of reliving the 1930s.
|
|
#
?
Apr 6, 2014 00:54
|
|
|
etalian posted:lol I love how these assholes have $500 a month for eating out and entertainment, but can only handle $425 a year for their kid's (I hope it's only one) RESP. This is what financial illiteracy plus "gotta shine even if I am middle class" looks like, and it is ground loving zero for the shitstorm.
|
|
#
?
Apr 6, 2014 01:10
|
|
|
Saltin posted:I love how these assholes have $500 a month for eating out and entertainment, but can only handle $425 a year for their kid's (I hope it's only one) RESP. Yeah it's pretty much a good example of having enough income but squandering it due to bad decisions.
|
|
#
?
Apr 6, 2014 01:14
|
|
|
Just realized I should not have said "middle class". Fair play I corrected someone about class talk a while back. I mean income.
|
|
#
?
Apr 6, 2014 01:24
|
|
|
Saltin posted:Just realized I should not have said "middle class". Fair play I corrected someone about class talk a while back. I mean income. Quintiles => where it's at. I was subconsciously nodding in solemn approval at Lead out in cuffs recent usage.
|
|
#
?
Apr 6, 2014 04:03
|
|
|
Lead out in cuffs posted:
bro, wheat is poison don't h8
|
|
#
?
Apr 6, 2014 06:18
|
|
|
Saltin posted:Groceries are expensive in Canada period, but cheese is an order of magnitude more expensive than it should be and it's artificially high on purpose . My wife and I spend a decent amount of time in the Yucatan in Mexico and you can get good fresh groceries for a family there, a bottle of tequila and a case of beer for around $100 USD and it's enough to last the week (not the beer, that lasts a few days). I always heard about cheese prices, but it never fully sunk in until I moved to Philadelphia. Now I regularly buy high-quality aged cheese for well under $1 per 100g (the standard size here is 300g blocks, for some reason, at around $2-2.50).
|
|
#
?
Apr 6, 2014 06:26
|
|
|
My girlfriend's father is working out West and has mentioned that he has a few friends that are buying houses to live in while they're living out there with the intention of selling them "when they're done", aka when the oil runs out, because from my experience Maritimers that go West to work for a few years rarely return when they plan to, often because they didn't save anywhere near the amount of money they planned on. When I pointed out the enormous risk they took given that the price of their houses is completely dependent on Albertan oil I got a smile, slow head shake, "you don't understand" response. I guess when you're in Alberta there is an overwhelming sense of abundance and feeling that things will go on forever, because I think he (and my girlfriend and her family) see my "the market could crash" rhetoric as naive "the sky is falling" nonsense.
|
|
#
?
Apr 7, 2014 10:36
|
|
|
If you want to buy an asset that will be valuable when the Canadian oil runs out, it should be an asset denominated in USD or Euro. The Canadian dollar will probably drop sharply when oil exports slow.
|
|
#
?
Apr 7, 2014 11:04
|
|
|
on the left posted:If you want to buy an asset that will be valuable when the Canadian oil runs out, it should be an asset denominated in USD or Euro. The Canadian dollar will probably drop sharply when oil exports slow. This logic, while sound, is unfortunately impossible to time. CAD might start a slow, unyielding descent tomorrow; it might also have a meteoric rise over the next decade. All you can really do with any probabilistic confidence is invest in a balanced, diversified portfolio with plenty of foreign equities.
|
|
#
?
Apr 7, 2014 15:16
|
|
|
Professor Shark posted:My girlfriend's father is working out West and has mentioned that he has a few friends that are buying houses to live in while they're living out there with the intention of selling them "when they're done", aka when the oil runs out, because from my experience Maritimers that go West to work for a few years rarely return when they plan to, often because they didn't save anywhere near the amount of money they planned on. Just who do they think will buy that house in a place where there is suddenly a huge shortage of jobs? People might want to retire to a quiet fishing village out east, but the number of people that want to spend their golden years next to tailings ponds and dealing with possibly flammable ground water has to be miniscule. Just buy zinc. Tons and tons of zinc costs less than a few ounces of gold. You can probably build a kick rear end fort with all that zinc, which would offer a very affordable housing option if the worst of worse predictions were to come true.
|
|
#
?
Apr 7, 2014 15:58
|
|
|
Professor Shark posted:My girlfriend's father is working out West and has mentioned that he has a few friends that are buying houses to live in while they're living out there with the intention of selling them "when they're done", aka when the oil runs out, because from my experience Maritimers that go West to work for a few years rarely return when they plan to, often because they didn't save anywhere near the amount of money they planned on. Coke and diesel pickups aren't cheap.
|
|
#
?
Apr 7, 2014 16:30
|
|
|
The developer of the potemkin village is bankrupt. http://m.thetyee.ca/News/2014/04/05/Olympic-Village-Developer-Bankrupt/
|
|
#
?
Apr 7, 2014 19:53
|
|
|
Cultural Imperial posted:The developer of the potemkin village is bankrupt.  at the purchasers who want refunds. They better not loving get one.
|
|
#
?
Apr 7, 2014 19:55
|
|
|
Lexicon posted:
lol A statement of business affairs shows $96.31 million in liabilities and $95.32 million in assets for nearly a million dollar deficiency. City of Vancouver is the secured creditor at $95.32 million, of which $92.54 million is land and buildings and $2.77 million cash on hand.
|
|
#
?
Apr 8, 2014 01:29
|
|
|
MeinPanzer posted:I always heard about cheese prices, but it never fully sunk in until I moved to Philadelphia. Now I regularly buy high-quality aged cheese for well under $1 per 100g (the standard size here is 300g blocks, for some reason, at around $2-2.50). Cheese check for the Socialist Combine of Western Europe: 400g young Gouda for general use 2.19€ 200g very aged & brittle goodness 1.89€ 200g supermarket Parmigiano 3.29€ sauer kraut fucked around with this message at 08:59 on Apr 8, 2014 |
|
#
?
Apr 8, 2014 08:52
|
|
|
So, all y'all who know homeowners should link them to this: http://housing-analysis.blogspot.com/2013/12/interest-rates-and-2014.html?spref=tw Enjoy the renewal gap motherfuckers. quote:
|
|
#
?
Apr 9, 2014 03:14
|
|
|
How long does cheese from Europe last at room temperature if I were to smuggle cheap cheese back to Canada?
|
|
#
?
Apr 9, 2014 03:36
|
|
|
HookShot posted:How long does cheese from Europe last at room temperature if I were to smuggle cheap cheese back to Canada? It'd be smushy before CBSA and CFIA let you out of the little windowless room at the airport.
|
|
#
?
Apr 9, 2014 03:39
|
|
|
lol loving Tsur Sommerville http://www.news1130.com/2014/04/08/get-used-to-condos-or-leave-metro-vancouver-ubc-expert/ quote:METRO VANCOUVER (NEWS1130) – If you’ve been hoping to buy a single-detached family home, you may not be able to do it here in Metro Vancouver.
|
|
#
?
Apr 9, 2014 04:36
|
|
|
|
| # ? May 8, 2024 06:46 |
|
|
FrozenVent posted:It'd be smushy before CBSA and CFIA let you out of the little windowless room at the airport. 
|
|
#
?
Apr 9, 2014 04:49
|
|