|
Rime posted:I realized the other day that the Canadian market will only crash when a significant enough volume of people with those mortgages start to die, their children cannot afford to pay them alongside their own, but the market becomes saturated and sales stagnate. These people don't have insurance in your scenario?
|
#
¿
Aug 26, 2013 15:20
|
|
|
|
| # ¿ Apr 29, 2024 08:41 |
|
|
Cultural Imperial posted:
Is Saskatchewan shrinking? Because holy hell is Saskatoon building like gangbusters.
|
|
#
¿
Jun 18, 2014 15:54
|
|
|
Mr. Wynand posted:
I bought my place in Fall of 2007 and the bank was insistent on a 35 year mortgage but I ended up with a 25 year anyways. And it was a prime -0.1% rate as well.
|
|
#
¿
Aug 4, 2014 15:18
|
|
|
A co-worker wants to buy a house with his girlfriend and they found this house that seems really nice until they notice one of the basement walls is slanted. The owners tried to conceal foundation damaged by putting in some 8x4's and re-drywalling. My co-worker wanted to offer them about 80k less then they were asking to parlay that into foundation repairs and sort of wondered what I thought. I told him I wouldn't buy a sound house at the moment so I really don't think you should buy an obviously flawed one. Then his Realtor of all people told him not to bother and that somebody offered list price for the house... 
|
|
#
¿
Aug 27, 2014 04:03
|
|
|
Cultural Imperial posted:Where is your coworker buying? Northend Saskatoon. Already said I'd beat the poo poo out of him if he tried to buy it.
|
|
#
¿
Aug 28, 2014 04:47
|
|
|
Cultural Imperial posted:I think it's amazing that the FP gave them a retirement readiness rating of 2/5. What in gently caress does 1/5 look like? A couple who rented their whole lives. 
|
|
#
¿
Sep 21, 2014 18:14
|
|
|
poo poo in the halls. Vancouver sounds like hell on earth.
|
|
#
¿
Sep 25, 2014 15:06
|
|
|
Lexicon posted:You should be concerned as a Canadian citizen and taxpayer, but not necessarily as a customer. It's not like they're taking on any risk – the CMHC is happily covering that. All my money is in 10 year cheese. No worries so long as power doesn't go out. Which isn't a concern as I don't live in a third world hellhole.
|
|
#
¿
Nov 21, 2014 06:02
|
|
|
You absolutely need a truck on the rigs. That said, most of what those guys buy is dick waving on top of it. I knew a guy who seemingly bought a 70K F350 King Ranch every 18 months after driving it into the ground. A friend took a pipe fitting job and used his old Nissan Pathfinder and it was trashed in six months. I don't know what CI is on about but getting stuck driving across a farmer's field to a well can be a common occurrence. There isn't even roads to some of the wells just a light trail you follow from well to well.
|
|
#
¿
Jan 12, 2015 19:00
|
|
|
If newspapers exist in 30 years these financial stories are gonna be so grim. "Had 125K student loan. Lived in parents basement until age 30 working un-paid internships. Changed jobs 10 times over the next 30 years never making more then 35K a year with no pension or benefits. Went into bankruptcy had the bank take what little they accumulated. Curled up and died in the streets." And old man CI reads the stories as a natural form of viagra from his stronghold in Seattle.
|
|
#
¿
Jan 18, 2015 18:48
|
|
|
|
| # ¿ Apr 29, 2024 08:41 |
|
|
I'm just baffled that some gave the answer Maple Leaf Foods to the question of whether Canada had any prestigious companies. Ford Escape is made in Kansas I believe. The Ford Edge and Flex are made in Oakville. (or were as of three years ago)
|
|
#
¿
Feb 1, 2015 18:24
|
|