Yeah this is the part the boomers love to leave out. Ok sure, your interest rate was 15-20% but on what amount? lol. Not even close to today's prices to income ratio.

From someone on reddit who did the math, FWIW. Obviously, details can vary with price of home, how much a person makes (single/married/how many kids), how much down, etc. Anyhow, you can create a scenario, plug in numbers and show me how it is so much different today than it was in the 80's.

Average price 1980 of single detached = $180,000, in 2023 = $1,956,000 (looking primarily at the Hotspot of Vancouver)

Interest high 1981 = 19.29%. If entire cost is mortgage, it works out to roughly $2917/mth at 25y amortization. Average family income is 30K, so 12x2917 / 30K = 116% or so going to home

Let's look at 2023. Interest now is 6.04. Lets buy a steal of a property at 1.5M. The payment is now $9701, same amortization. Average family income is 110k. 12x9701 / 110k = 105% of income going to home.

so we are better off then!? NICE! fuck you boomers!

To be fair.. this is what people were saying about Chinese people about 10-15 years ago hahaha

What relevance does math for a situation that doesn’t exist provide. 100% of your home is mortgage? You can save up to buy that house cash in 8 years lol.

https://anamericaninrome.com/wp-cont.../IMG_80822.jpg

Just came back from Italy for the first time.

After using bidets in Asia, it took me a while to realize what it was and then I had to Google how it worked. Thought it was a urinal or foot wash at first.

Apparently you sit your bare ass cheeks on it and wash your ass with soap and your hands. Women will sit on it the other way around and wash their vag.

:ohgodwhy:

yeah this shit never made sense to me.
even SE asia has the bum gun although sharing that thing is pretty gross.
proper bidet is the only way for me... even the cheap cold water ones.

But the AMG will probably throw a CEL after doing 2 - 3 hot laps, probably because the engine overheated, whereas the squashed beetle will be happy to do this all day long.
:badpokerface:

^will it!? or will it bore score and fail later down the road. Cant trust the guys who helped hitler design the original beetle man.

You'd think in 2025, we'd have come up with better ergonomics for something like that. It doesn't look even remotely comfortable to sit on / straddle something like that. Not to mention the ice-cold bare porcelain :/.

Also where's the soap and hand towels if that's really what it's for?! Are you trolling me?!

You must be lying. Next time I go to Italy I'm going to use it to brush my teeth.

yeah that makes no sense. you wash your ass with your bare hands, then the next person comes by, sits on your ass juice bidet, and does the same!?

disgusting... like white peoples dirty ass feet.

I have never understood this system. Once you wash, how do you dry yourself off? Is there conveniently a towel there for every guest? Ugh!

My boomer uncles that are educated in Canada are pretty woke.

Last time I had dinner when they visited, they said they made $28-34K out of graduation in the 80's and by the time they got their MBA's in late 80's, they were making close to mid 100's total comp.

They own law practices / director at AC/WJ or big tech now. Their $500K house in Calgary from 2003 is still around $600K though lol

It's only been in recent years with the huge influx of people from the east and west coast that are driving housing prices up in Calgary so that makes sense.

Mid 100s total comp = 400-600k?! Or 140-160k? I guess either way that's super crazy for the '80s lol.

My cousin and his family just came back from a Banff/Canmore trip.
When he got back to Los Angeles, he messaged me, "Holy shit, I want to become Canadian after seeing Banff!" :seriously:

:gtfo:

Banff is indeed beautiful though lol. I just never appreciated it as a kid.

Ha, true.

https://www.autotrader.ca/offers/mer...oost_level=b1n

Here's a new AMG GT55 coupe for $157k off the lot - lightly equipped without any requirement to load it up with options to buy it. $157k is where a base 992 starts before you get bent over with options.

I do prefer this heavily equipped GT55 ($193k) though - that colour is a beaut:

https://www.autotrader.ca/offers/mer...oost_level=b1n

How much was a MBA in the late 80s? I've been looking into this recently, mostly as an excuse to leave Canada but holy shit its expensive LMAO

A lot cheaper back then than they are now, that's for sure. Don't ask me how I know. :alone:
Edit: You can dig into the numbers provided by Stats Canada here.

Yes, BIC_BAWS - Get out of Canada while you still can. No excuses.

"Get rich, or die trying." - 50 Cent.

They made a reality tv show about the Coquihalla Hwy LOL

Bro where you been, that stuff was on TV in the early 00s lol

The Coq ain't no joke when it's bad weather.

Nothing Continentals can't handle! :fuckyea: :buttrock:

Apparently this first episode was September 2012.. no wonder all the truckers are white

There's already a giant toothbrush right there next to it