By DY_nasty Go To Post1950That's the cheapest I ever paid in SF while having a roommate
Just me and a cat and two windows
But at least I'm not in Southeast DC and I don't have roommates
By Lunatic Go To PostFucking hell 🤣Shoots up to a milly in interest on a $2mil home. People don't even realize it's a scam for banks to make money hand over fist and then tank the entire world economy only to be bailed out by governments.
AND THEN
Property tax!!
Boomers: "I did all that working at Mickey Ds"
By Daz Go To PostReilo buying a mansion.Probably just a two bedroom townhouse in NYC, tbh. Maybe 3BR for when the grandparents come over.
By Kibner Go To PostProbably just a two bedroom townhouse in NYC, tbh. Maybe 3BR for when the grandparents come over.Lol no. You can get 4-6br, 2000-3000sqft for $1.25-1.5m
What you're describing is SF
I'm just over here used to the boonies where 250k can get you a 2000 sqft place with a half-acre yard.
By reilo Go To PostLol no. You can get 4-6br, 2000-3000sqft for $1.25-1.5mWhat the shit
What you're describing is SF
That’s a great deal in Toronto
It’s interesting to me that every time I try and withdraw more than 500 bucks at a BOA in the hood just cause they’re the closest to downtown where I live , that it blocks me
but I can withdraw whatever at the nice neighborhood BOAs
but I can withdraw whatever at the nice neighborhood BOAs
Canada's real estate is nuts. My only mistake was I didn't buy more when I could have.
Between my GF and I we own a fully detached and renovated house, a condo (rental) and a free standing triplex (3 rentals in 1 building). We're thinking of getting one more triplex and calling it a day, the rated are ridiculously low (i.e., .85% variable low). The ultimate plan is to rent everything out and retire early somewhere hot.
I'm not Nostradamus but there was a point back in 2015-2016 period where I was convinced Canadian real estate prices were gonna sky rocket (even without covid), and knew it was a make or break moment, if you didn't buy back before then it would be very hard to buy after. Canada imports 400k immigrants per year and a godly amount of foreign students, there just isn't enough housing, the demand is too much.
It's fucked up for the younger generation, I have no idea how they're gonna ride the ladder up, I'm not happy to see what's become of the market, housing shouldn't be a vehicle to make money, but I don't make the rules, I just play by them.
Between my GF and I we own a fully detached and renovated house, a condo (rental) and a free standing triplex (3 rentals in 1 building). We're thinking of getting one more triplex and calling it a day, the rated are ridiculously low (i.e., .85% variable low). The ultimate plan is to rent everything out and retire early somewhere hot.
I'm not Nostradamus but there was a point back in 2015-2016 period where I was convinced Canadian real estate prices were gonna sky rocket (even without covid), and knew it was a make or break moment, if you didn't buy back before then it would be very hard to buy after. Canada imports 400k immigrants per year and a godly amount of foreign students, there just isn't enough housing, the demand is too much.
It's fucked up for the younger generation, I have no idea how they're gonna ride the ladder up, I'm not happy to see what's become of the market, housing shouldn't be a vehicle to make money, but I don't make the rules, I just play by them.
Until there’s some incorruptible quantum A.I running the economy to serve the interests of the large majority, nothing’s changing.
Guess a meteor face planting earth would do it too.
Until then you gotta do what you gotta do. People out there worshiping billionaires, Iron Man and Batman are two of the most popular characters in popular culture, it’s wild. Superman gotta be out there killing people for people to tune in. Shop’s closed for the next five hundred years. People about to be working at McDonald’s inside the metaverse selling nft burgers with a timer on.
Guess a meteor face planting earth would do it too.
Until then you gotta do what you gotta do. People out there worshiping billionaires, Iron Man and Batman are two of the most popular characters in popular culture, it’s wild. Superman gotta be out there killing people for people to tune in. Shop’s closed for the next five hundred years. People about to be working at McDonald’s inside the metaverse selling nft burgers with a timer on.
Automation about to go crazy too
NFT employee of the month bartender coming soon. get in early if you want membership benefits iykyk
NFT employee of the month bartender coming soon. get in early if you want membership benefits iykyk
By cRrusheR Go To PostUntil there’s some incorruptible quantum A.I running the economy to serve the interests of the large majority, nothing’s changing.incorruptible AI lol Crusher pls
when the true digital singularity comes, we can relax knowing the ai will be 100% fair and balanced. (about caring about itself only, and killing us all)
By DY_nasty Go To PostMy dad bought his first house while working as a car salesmanmy grandfather bought his house as a plumber then gave it to my parents and my parents are those boomers that talk shit about how they were able to afford everything with low pay so why can't we
get
on
my
level
son
By Old King Rob Go To Postmy grandfather bought his house as a plumber then gave it to my parents and my parents are those boomers that talk shit about how they were able to afford everything with low pay so why can't we"How long til i get my inheritance like you got?"
well thats one way to sell out the rest of the StemPlayers. theyre pretty fun but i ain't paying for one
By Fenderputty Go To PostI want to retire early, and taking my CA equity to another state is likely how I’ll do it.One of the many reasons why Florida (and some other red states) is seemingly booming, specifically Miami.
One of my friends in a really good spot financially was complaining about how he wouldn't be able to afford his Lakehouse now. Rona drove up the prices on so many places people would want to retire to. He's probably only keeping it at this point just to have somewhere to retire to since "downsizing" doesn't even work out atm. That's how fucked up the housing market is right now.
By Frustrated_me Go To PostOne of the many reasons why Florida (and some other red states) is seemingly booming, specifically Miami.florida is booming because of zillow
By Old King Rob Go To Postflorida is booming because of zillowBut Zillow bought everywhere, and not just in Florida, no? And Zillow lost almost $1bn in buying/flipping homes, they stopped buying homes in 2021.
By Frustrated_me Go To PostOne of the many reasons why Florida (and some other red states) is seemingly booming, specifically Miami.
Yeah it would be a place like Myrtle Beach or something like that. Take my politics to a red state lol
Tons of places are booming, supply can't meet demand, especially if people want a second get away home for Pandemic 2: Superfucked Bugaloo.
I bought an ssd for my ps5 from Amazon and chose free shipping (would arrive next Tuesday). I got an email saying that it shipped today and will be here tomorrow. #winning
By Fenderputty Go To PostYeah it would be a place like Myrtle Beach or something like that. Take my politics to a red state lol
Myrtle Beach is gross breh.
At least retire to the Outer Banks, Charleston or Southport if you would a southern beach/water city in a red state
By Fenderputty Go To PostYeah it would be a place like Myrtle Beach or something like that. Take my politics to a red state lolvicks vapor rub atmosphere
By Laboured Go To PostThe perfect encapsulation of P I S S L A N Dlike 40% of Japanese playgrounds
By domino Go To PostMyrtle Beach is gross breh.
At least retire to the Outer Banks, Charleston or Southport if you would a southern beach/water city in a red state
I just tossed it out … have no clue honestly, was just flipping up the east coast on Zillow lol
By Fenderputty Go To PostSo like are there jobs out in any of those spots lolWFH changed everything
By DY_nasty Go To Postmedical/tech/construction yeah sureI honestly don't see much of a crash. Too much retail and commercial interests wanting to keep the prices high. This is a race to extract as much earnings as possible until everything is eventually owned by private equity.
anything else lol get in before the housing crash i guess
By DY_nasty Go To Postmedical/tech/construction yeah sure
anything else lol get in before the housing crash i guess
Construction management for me and HR for my wife 🤔
Wouldn’t even need dual income honestly. Could be debt free
By Lunatic Go To PostI honestly don't see much of a crash. Too much retail and commercial interests wanting to keep the prices high. This is a race to extract as much earnings as possible until everything is eventually owned by private equity.
Interest rate hikes will slow things and maybe see a small pullback
400 quid a month for rent seems like a fair trade for terrible internet speeds given the prices some of you are paying.
This is just perfect. It is highly local to NOLA, but still so wonderful.
A bunch of the replies to the original tweet with the video are also incredible. Especially the ones trying to figure out where the woman is from.
A bunch of the replies to the original tweet with the video are also incredible. Especially the ones trying to figure out where the woman is from.
By Perfect Blue Go To PostWe pay north of $2200 for a two bedroom but it’s a brand new building and in a cool neighbourhood so. 🤷🏻‍♂️ Could be worse I suppose. Condo amenities in there basically.Man I was in Victoria in a 3 floor, 3 bedroom, 2 bathroom + 1/2 bathroom for only 600 CDN. Looking back that was a ridiculous price for a 3 floor townhouse. This was a premium location back in 2015.
By Fenderputty Go To PostInterest rate hikes will slow things and maybe see a small pullbackYou may think that but the wealthy get facilities at 1% just there ready for liquidity purposes in case they need to make a purchase. I'm not sure if you've seen this but the those with capital just book loans against their assets and reinvest those loans into the market. So think about it. You as a high net worth individual get paid in stocks or derivatives so you are technically not making taxable income. You then take out a loan against your derivatives or equity and you live on that margin. So loans are not considered taxable income so you skirt around the tax system. Also you can set up structures domiciled in tax neutral jurisdictions that have custody over your assets. And because the company/entity is not domiciled in Canada the dividends they pay to you as UBO are not taxable income.
Also Interest rates really don't effect those with capital as their deposits allow banks to lend more so they are treated different. Additionally there are ST TBills that are tax free in Canada. So really think about that. You can generate interest income that isn't taxable consistently and it's legal.
By Lunatic Go To PostYou may think that but the wealthy get facilities at 1% just there ready for liquidity purposes in case they need to make a purchase. I'm not sure if you've seen this but the those with capital just book loans against their assets and reinvest those loans into the market. So think about it. You as a high net worth individual get paid in stocks or derivatives so you are technically not making taxable income. You then take out a loan against your derivatives or equity and you live on that margin. So loans are not considered taxable income so you skirt around the tax system. Also you can set up structures domiciled in tax neutral jurisdictions that have custody over your assets. And because the company/entity is not domiciled in Canada the dividends they pay to you as UBO are not taxable income.This is exactly what Trump has been doing + sprinkled some wealth/property inflation lies on top
Also Interest rates really don't effect those with capital as their deposits allow banks to lend more so they are treated different. Additionally there are ST TBills that are tax free in Canada. So really think about that. You can generate interest income that isn't taxable consistently and it's legal.
The rich have pathways to become even more stupid rich in ways people wouldn't imagine