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Professor Shark
May 22, 2012

I just caught up with the thread and now really appreciate my girlfriend and I's housing situation. Her grandparents were moving in with her relatives from the house my girlfriend's great-grandfather had built and my girlfriend's father bought it for us so that it would stay in the family for a relatively low amount of money. Though it has it's problems, we're putting a little bit of money into it to make it last us 5 years, and the property is great (across the street from the ocean (Maritimes), has a nice little brook running beside it, lots of yard/ gardening space).

Our plan once we establish ourselves is to buy a house kit for ~$200,000 after 1) paying her father (the cost of a new 4 Wheeler) and 2) putting down a foundation.

Would house kits go down in price after a housing bubble crashes?

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Professor Shark
May 22, 2012

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.

Professor Shark
May 22, 2012

One of my friends was telling me that years ago a couple she knew was actually angry at her for not buying a house instead of paying rent. Young people have been brainwashed by their parents who played a different game than today.

Professor Shark
May 22, 2012

Pixelboy posted:

What policy changed in 2010?

I'm wondering that myself- that's a huge jump in the chart over two years

Professor Shark
May 22, 2012

Bleu posted:

CPC staffers apparently need more work to do in between icing each other in the elevators. May he rest in peace, but the man was a disaster of a Finance Minister. I just wish I could find the 22 Minutes clip of Crazy Jim's Housing Tonic, because that's how I'll always remember him.

edit: Okay, to be fair, a CPC flack would know Oliver was already the new Minister.

gently caress you you loving oval office. Even if you didn't like the man's politics you have to admit he was a good Finance Minister and a good guy, you loving Socialist flake!

If you would care to convey a rebuttal I calmly and respectfully put forth that you utilize the websites privatized messaging system.

Edit: ^^^This is a reference to the Canadian Politics Thread btw; I got worried that Bleu would think I was being serious :ohdear:

Professor Shark fucked around with this message at 09:52 on Apr 14, 2014

Professor Shark
May 22, 2012

Soon no one will be able to afford condos :shepspends:

Professor Shark
May 22, 2012

God it feels good for someone to tell me that, between the two of us, my girlfriend and I are rich :)

I've finally made it...

Professor Shark
May 22, 2012

Cultural Imperial posted:

http://www.macleans.ca/society/life/condo-hell/


I genuinely feel that all condo owners can get hosed. Keep building that equity shithead.

Owning a condo sounds a lot like living in residence, only the Resident Advisors are bigger assholes...

Professor Shark
May 22, 2012

ocrumsprug posted:

It is probably not that interesting of a story, and I found being on the strata board of another smaller building to be a much better experience.

If you have any crazy, rude or angry people (the larger the strata the more of these you will have) in the strata you have a good change of them making your life hell. In my year on the council, here are some of the fun things that came up.

- I had a pleasant old lady scream at me about having a conflict of interest since someone in the building, who ran a landscaping business, won the landscaping contract. It wasn't me or anyone on the council, and I am unaware that anyone on council had any interest in his business. She didn't feel it was her job to provide any information/evidence regarding this accusation.

- We tried to replace some crappy shrubs near the pool. This ended up becoming 30-40% of strata business over the next two years, as one (and only one) of the owners was really dedicated to the existing shrubbery. This escalated to her calling the city to report us for dumping into a neighboring creek during some landscaping on that side. (We weren't.) It culminated the next year when her and her friend were elected to council and proceeded to do such a bang up job running amok that the needed to be removed from council.

- The fellow that stood for election, and volunteered to act as the strata financial guy showed up for one meeting.

- Two residents were engaged in a long standing feud, and one of them used the council as her weapon of choice. If he parked more than two vehicles on the property, we were informed. If his daughter let the dog off the leash, we were informed. Hey, he has a canoe in his garage... that's a vehicle right. FINE HIM!!!

- One of my fellow council members was elected to the council for what appeared to be the sole purpose of ensuring that she didn't get fined for the behaviour of her son. This behaviour included putting a garden hose through the mail slot of a neighbor.

etc...

Please note, that I didn't include any of our dealings with the property management company or any of our contractors and would have included a similar list of garbage.

~~~

A co-worker that is on his strata board had some applicable stories.

- They have a lady that doesn't understand why she has to pay rent (strata fee) on the apartment that she owns. Eventually the bank got sick of having a lien placed on the property every three months, so they pay her strata fee for her. Presumably this is added to her mortgage amount. (Let that one sink in for a few moments.)

- There is a small group of people (owners) that sue the strata. FOR EVERYTHING. Meeting minutes had typos. Sue. You wouldn't let us vote on whether the strata will fund a defense for my lawsuit. Sue. You had an in camera meeting to discuss my disruptive behaviour on the council. Sue.

This all sounds like Hell. Who would want to live in this?

Professor Shark
May 22, 2012

El Scotch posted:

I just wanted to drop by to check if things have crashed yet?

I didn't hear anything, but my windows aren't open.

Professor Shark
May 22, 2012


Those comments are awesome- one guy is off his meds raging about Canada being controlled by our Capitalist Overlords (only in crazy talk) and something about Isreal, and another guy is blowing off the idea of a bubble as "the sky is falling!".

Professor Shark
May 22, 2012

Rime posted:

It's worth noting that the same applies to student loan debt: completely unaffected by bankruptcy and your wages will be garnisheed after too long in arrears.

I wonder what the outcome is going to be if we end up with vast swathes of our population drowning under hundreds of thousands of dollars in debt which they can never get rid of? :stare:



But preferably a change in government policy or something.

Professor Shark
May 22, 2012

Lexicon posted:

this is how forecasting works we even used the word extrapolate :downs:

Works for Bitcoin!

If trends continue, in 50 years houses will cost :supaburn: $65 million! :supaburn:

Professor Shark
May 22, 2012

FrozenVent posted:

And now poo poo gets really funny.

That's not very funny :smith:

Professor Shark
May 22, 2012

PT6A posted:

But when you suggest they need fixing, you get big, red titles like mine.

You're right we should talk about you again

Professor Shark
May 22, 2012

Canada Post v Fed Ex, Purolator, UPS Battle II

Professor Shark
May 22, 2012

Our Fascist Socialist Communist Healthcare is pretty good.

Professor Shark
May 22, 2012

Kalenn Istarion posted:

Don't put words in my mouth thanks. I don't think I said 'why can't it be the same'. Having lived in both cities I'm well aware of the differences in population density. I said one is well run and profitable and the other is a badly run piece of poo poo. Unfavourable markets don't excuse poor management dominated by retarded city politics.


That's about a 3.5-4% compound return per year, not really very astonishing and under performing nearly every other asset class over the same time period.

Please address this post:

Baronjutter posted:

The key to an efficient well run private system is to have the government build it and do all the hard work, establish an efficient management and years of profitability, then give it away to some well connected friends who can then hold it up as an example of "private does it better".

We have this weird idea that the moment anything government created or run gets to a point where it's making a good profit or being run too well it suddenly needs to be privatized because the government is only allowed to run money sinks. I swear if there was a massive housing and banking crash in Canada at the same time as a huge rise in the left that saw some banks nationalized and an entire government housing system set up that was rough at first but then ended up being amazingly effective and well run there would be demands to privatize it because its unfair competition for developers who clearly are all lined up wanting to establish their own non-profit social housing systems.

If government does something well: privatize it, it's only doing well because it's a government monopoly (but please let it stay a monopoly after it's privatized)
If government does something poorly: privatize it, it's losing money and a slick CEO will turn it around (so long as it keeps receiving government hand-outs!)

Professor Shark
May 22, 2012

So did Mulcair.

"I'll change what Harper did back" has been the go-to strategy for both parties it seems for a number of issues.

Professor Shark
May 22, 2012

Bleu posted:

Was this supposed to be in Canpol?

That's where I thought I was... the lines seem to get blurred sometimes.

PT6A posted:

Well, good to see I'll be more or less coerced into voting for loving Harper again, because every other party has clearly indicated they don't want my vote. I was looking forward to being able to vote Liberal, too...

You should write them a letter so that they can get in on the joy of reading your posts.

Professor Shark fucked around with this message at 22:05 on Jun 18, 2014

Professor Shark
May 22, 2012

My sister spent an evening (at a banquet, though the way I wrote it at first would be a good news story) with Peter Mansbridge and said that he's pretty nice, in a very bumbling grandfather confused what is happening around him kind of way.

Disappointed to hear Suzuki isn't a nice man.

Professor Shark
May 22, 2012


I'm doing pretty good, at 2001 level :smug:

Except my girlfriend is definitely at the 2014 level :smugjones:

Professor Shark
May 22, 2012

Please don't take the bait.

Professor Shark
May 22, 2012

PT6A posted:

If we follow this train of thought too far, we have to address the question of "was it okay to hate Jews because they had money?"

And, frankly, that's a conundrum I really want to see a bunch of socialists puzzle out, so I very much approve it as a future topic for this thread.

But what you said is ridiculous so why would talk about it?

What is your political stance btw? You don't like Socialists, don't like Leftists because of "what they could do" or something dumb, and you say you only vote Right because you don't have any other option.

Professor Shark
May 22, 2012

Rime posted:

Actually he admitted he only votes Con because he has money tied up in Northern Gateway and other projects. FYGM, if you will.

That actually makes a lot of sense. I guess we're all flakes for not understanding why the government is so great despite all the horrible poo poo they do, including giving him money.

Professor Shark
May 22, 2012

Cultural Imperial posted:



gently caress you people with money





Flake. Try working for your money.

Professor Shark
May 22, 2012

PT6A posted:

This, but unironically.

How long would you be able to live if your contract-by-contract work dried up?

Professor Shark
May 22, 2012

PT6A posted:

Depends how much I cut my spending, and how quickly I got another job.

EDIT: The post you quoted was meant as a joke. If you take a lovely snipe at me, I'm going to take one right back at you.

I don't know what you're talking about, everyone uses the word "flake", but assuming you couldn't find work you wouldn't apply for EI, right?

Professor Shark
May 22, 2012

PT6A posted:

I'm not eligible for EI as a result of not being an "employee", so, uh, no, I would not apply for EI.

drat, that must be terrifying. Welfare, then?

Professor Shark
May 22, 2012

I have no idea what you're talking about in your second paragraph but the first one had p much what I was looking for thanks.

Professor Shark
May 22, 2012

I was just interested in what Pt6a would do if times got rough, particularly given his political views and job.

Sell my poo poo basically, which to be fair would be most people's plan.

Edit: Personally mine would be sell my house to someone else

Professor Shark fucked around with this message at 22:25 on Jun 27, 2014

Professor Shark
May 22, 2012

Kafka Esq. posted:

One to show and one to go, we used to call it.

People put money into kitchens that they don't use other than to show off? :psyduck:

Professor Shark
May 22, 2012


"When The Guardian recently asked Zaha Hadid about the 500 Indians and 382 Nepalese migrant workers who have reportedly died in preparations for the 2022 World Cup..."

How do almost 900 people die to make a bunch of stadiums?

Professor Shark
May 22, 2012

Isentropy posted:

Just gonna leave this bad boy here:



I wonder if Halifax gets used as a case study in planning classes in "what not to do".

This picture is development in Halifax in a nutshell: (literally) building ugly poo poo around older, nicer buildings in the name of Hey American Tourists We're A City Too! Bring Money, Why Not?!.

I would be totally fine with newer buildings if they emulated the older Historical buildings.

At least the cloaking field buildings are a good start I guess.

Professor Shark
May 22, 2012

Baronjutter posted:

This is what a really really good inspection is for. Good inspectors are rare. I feel like you should be able to hire a home inspector inspector who inspects home inspectors to find out if they're lazy or on the REALTOR's take. Also don't be a stupid poo poo head and sign away your legal rights and buy a house "as is" ever ever ever.

Or this can happen
http://www.hoodwinkedhouse.com/#sthash.NFmOAc30.dpbshttp://www.hoodwinkedhouse.com/%23sthash.NFmOAc30.dpbs

It's a horrible situation but oh god who signs away their rights :( Also he tried to call the police when he found a missing beam... seriously read this through, it just gets worse and worse for him.

This is a very worthy read. I suspect that he's right when he states that the Realtor is in on the scheme too.

Professor Shark
May 22, 2012

EngineerJoe posted:

I feel bad for him but I don't understand why he's doing so much work on the basement when he has so many other issues to deal with. He doesn't even have all his eavestroughs up and he's putting down carpetting, doors and levelling out the floor.

He had to throw out that carpet after he dropped the can of insulation stuff on it, but it wouldn't have mattered bc the basement flooded :downs:

Professor Shark
May 22, 2012


How the housing market has cooled in most of Canada


quote:

"It’s not a disaster by any means, but we’re very much back to a normal or a soft market in a lot of parts of Canada," said housing analyst Ben Rabidoux, president of North Cove Advisors,

Professor Shark
May 22, 2012

I'm surprised to hear the reactions to greenbins here; in the Maritimes we've had them for as long as I can remember. Greenbins get the meat or anything that's come in contact with it, my compost bin gets vegetable, grain, etc stuff, garbage is anything goes, recycling is broken up into cardboard and jars, jugs, etc.

Returnables goes towards more beer money :getin:

Professor Shark
May 22, 2012

Kalenn Istarion posted:

Are you sure you're not actually going crazy?

He seems to have been losing it a bit in Can Pol, maybe Drunk/ High Posting?

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Professor Shark
May 22, 2012

So the entire idea behind adding $6,000 in kitchen renovations increasing your Home Value by $10,000 is that you do it yourself, right? or is it just magic?

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