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I'll chime in with my experience here. You won't get into a detached home with that salary, but if you aren't having a family, why would you? I have a 2 bedroom/2 bath condo (I've rented out the other bedroom) and I don't need any more space. But, having grown up in a detached home, I understand its appeal. There are a lot of downsides to condo living - inconsiderate neighbours, special assessments for things that break or get damaged (they will, trust me), lack of customization, etc. In my opinion, when you buy a condo, you don't actually own land - you just pay for the right to live in several hundred square feet of air in the sky (that has a legal title.) If I were to do it all over again, I would strongly have considered renting. Unless you're chained to your job, renting gives you flexibility. Moreover, renters, at least in this province, have tremendous rights. There's the lifestyle angle as well: unless you're one of those anti-social types, you're going to want to spend your money on things like nights out, clothes, toys, etc. Once you have a mortgage, you'll have to sacrifce a lot (or somehow, make more money to have it both ways.) Quote:
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I am in Finance, and I will say that my position is unique. I went back for a holiday, then a job was mentioned and after weighing the pros and cons we decided to take it and spend two years for a much brighter outlook. Now I can return to Canada, get a 30k job and know my family is provided for because I have the capital needed for a home and a investment property for supplemental income. My wife is also free to choose to work part time if she so prefers, and I get to spend a lot of time with my family and won't have nightmares of losing my job and the mortgage payment is up. Will I do it again? fuck no. Do I regret taking up that job? not really either. My advice is you are young & single: work your ass off, leave your comfort zone, explore and take shit load of risks. Once you are in a relationship/have a family, good luck doing that. And guess what, when you can buy stuff without looking at the price tag, and mature enough because you worked everywhere? EVERY FEMALE WANTS TO FUCK YOU. |
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~10% of Canadians make more than $80K/yr, with most of that concentrated in the 40-60yo age group. That works out to be about 2% of all 25-29yos with a university education make > $80K, which would be not be very reasonable at all. All data is available on StatsCan. |
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Parent's House Free 2 bedrooms. Free utilities. Free car + gas. Free high-speed internet. Free flatscreen TV + HD channels. Free food prepared daily. (Okay, it's not free if you pay, but you get my point). vs. Renting your Own Place Full-time university student working 5 days/week splitting a cramped apartment/basement eating take-out food everyday. Have to use neighbour's unsecured wi-fi because the landlord is too cheap to include it, and only available channels are CBC and some random stuff. Roommate's classes start at 1:00PM, while yours starts at 9:00AM. Fuck that "independent" shit, why would you ever move out? You must enjoy shelling $1000+ to live like some second-worlder. At least when I pay my parents, shit stays within the family. Rep your parent's basement, bros. :fuckyea: My mom still washes the dishes and does the laundry, and she calls home from work to wake me up every morning. :alone::alone::alone::okay: |
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I have a cousin who's story sounds just like yours, lives at home, mom does his laundry, feeds him, etc... The only catch is that he's 35 years old and isn't a student (has a job and money). I find him pretty pathetic. |
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oh moms... they're the best.... back to topic. go get a place with your significant other if you have one to lessen the damage.... ignore the negative views on living at home with parents until your late 20's. it can be mutually beneficial for you AND your parents(if they want you at home lol).... |
Parents will always tell you to clean your room. I've moved out and my place has always been a sty. Sure, some friends really can't stand it. But hey, it's still hygenic and sterile. It's just cluttered. Only if you can't find your stuff do you have a real problem. |
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i had a job and made money in my 20's but did i rush to move out "show" that i'm mature and independent? no.... that's the trend that Asian families have brought over and it i think is positive. (obviously a bad side effect of over protective moms, but whatever right?) |
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Enjoy it while you're still young and can get away with it. |
mfw op expects top 5 most livable city in the world, located in an indiscriminate nation with free healthcare, to be affordable: :fuckthatshit: |
I'm not sure why the OP was failed. It's a perfectly valid question many people this age are wondering about. I know I'm learning from some of these replies. RS is just too damn fail-happy. |
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I don't know about you, but every time I log onto my LinkedIn account, everybody is a bloody manager, executive, or sales leader of some sort. Even if half are "pseudo-managers" and are making in the upper 40s, the other half have to be in the high 60s to low 70s. Quote:
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The only reason why I will live with my parents is to take care of them. Once you tasted the freedom of living by yourself, there's no turning back at all. I will much rather not buying the dozen blu rays than watching porn with my doors locked and on headphone |
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the same can be said about women and looks. We just notice the successful or attractive ones. Try it yourself, go to a mall (any public place really), and count the number of average or ugly girls. You'd be surprise but how many you see when you actually trying to find ugly or average ones. |
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I guess where I'm coming from is that I don't think these factors are all that relevant to the typical RS user. By that, I mean someone who had a relatively privileged upbringing (i.e. growing up in a detached house in Metro Vancouver) and had the opportunity to attend post-secondary. |
why would a single guy in his 20s need a house? and if ur not single, your and your common law's incomes shoild certainly be enough for a house. but why do you need a house anyway? whats with peoples obsession with owning everything and getting things NOW instead of working, saving progressing and then affording it, rather than being broke and owning right now. a lotta ppl complain about the market, but for me the depressing thing is the attitudes Posted via RS Mobile |
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StatsCan 2006 http://www12.statcan.gc.ca/census-re...R&GeoCode=5915 |
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80% of Canadians live in cities. 85% of Canadians live in Quebec, Ontario, Alberta, and BC. The only way the stats are skewed is if all your friends live in Yaletown and aren't just pretending. |
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