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11-04-2025, 10:45 AM
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#37401 | | OMGWTFBBQ is a common word I say everyday
Join Date: Dec 2002 Location: YVR/TPE
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Originally Posted by bcedhk  With the real estate downturn, I wonder how those realtor 'gurus" are doing financially with all of their rental properties with negative equity and 0 transactions? | Anyone can be a guru during a bull market. It's the downturn that makes the difference.
As I have been saying, right now is a great time to be doing researches. There would be sellers who crash under the pressure and there would be deals to be had.
Of course, I speak much from the commercial side of things. But even in residential, if you are in the market for a place, regardless what you are buying, be it condo to castles, you can stretch the same dollar that you have so much further in a bear market. 15-30% more would be the usual. But it's only going to be for those prepared for it. YVR's RE market is extremely sensitive. As soon as there is good news on the horizon, the market can turn super quickly.
And I don't see too much more time for the bear market. The BoC is running out of ammos unless it starts doing QE on massive scale. Interest rate is back to historical lows (let's not take what happened during covid as something normal) and it doesn't have a lot of rooms assuming the target is at 2%.
My prediction is that we'd go into recession, inflation would dip below target 2% and BoC would start changing its narratives. All this within a year or 2.
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Nothing for now
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11-04-2025, 10:49 AM
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#37402 | | Lomac owned my ass at least once
Join Date: Apr 2014 Location: Van
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^^ I think they are looking at unemployment more, I think it's still 7.1% if not higher, this is really bad cuz ppl who lost their job or fear that they will lose their job won't spend $. Which results in weaker overall economy, then it's a death spiral more people getting laid off cuz economy is shit. They also shot themselves in the foot cuz they can't bring anymore buddy guys in to fake gdp cuz that will also push up unemployment.
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11-04-2025, 10:54 AM
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#37403 | | RS.net, where our google ads make absolutely no sense!
Join Date: Jan 2007 Location: GVA
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Originally Posted by lowside67 I know it's not the point of your post, but just as an FYI, a full time nurse starting out is like $70k gross, and a 30-year top qualification nurse barely cracks $100k (excluding overtime and other bonuses).
-Mark | Those base numbers are right. The $ in nursing comes from OT/bid shifts. There are widespread nursing shortages right now, so the opportunity to make $$$ is there for nurses that are motivated. From what I hear from the nurses I work with, there's plenty of opportunity to pick up work to get into the $120K-$150K range; for someone in their early 30's that's quite good.
Also worth noting is the excellent municipal pension benefit. While it scrapes ~8% off each paycheque, that's basically retirement savings taken care of.
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11-04-2025, 11:19 AM
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#37404 | | HELP ME PLS!!!
Join Date: Mar 2006 Location: Vancouver
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The spread with nursing can be really broad. Some departments have ZERO OT because they don't need it. Friend's sister is a nurse, I asked her about it recently and she said she changed departments and there's barely any OT for her because her ward doesn't need it. She said she right around 100k right now vs regularly making 130+ a few years ago.
But she's got her head screwed on properly, she's saved enough for a downpayment is is currently paying off the mortgage for her own 1bd + den by herself. Planning to get married in the next year.
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11-04-2025, 11:37 AM
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#37405 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2010 Location: /
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x
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2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
Last edited by Gerbs; 11-05-2025 at 07:13 PM.
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11-04-2025, 11:55 AM
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#37406 | | Revscene.net has a homepage?!
Join Date: Nov 2012 Location: YVR
Posts: 1,289
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The big bucks for nursing is becoming a nurse practitioner no? But you gotta get a masters for it I believe
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11-04-2025, 12:01 PM
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#37407 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
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NP is a whole different job really. You are like a jr. GP at that point. There aren’t a lot of positions yet, but realistically that would be a MAJOR solution to our GP shortages.
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98 technoviolet M3/2/5 Quote:
Originally Posted by boostfever Westopher is correct. | Quote:
Originally Posted by fsy82 seems like you got a dick up your ass well..get that checked | Quote:
Originally Posted by punkwax Well.. I’d hate to be the first to say it, but Westopher is correct. | | |
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11-04-2025, 12:06 PM
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#37408 | | Rs has made me the woman i am today!
Join Date: Mar 2011 Location: Vancouver
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A number of the moms at my kids school are nurses and I've noticed that they work part-time - they work 2 days and then will pick up a 3rd shift (sometimes a 4th) as needed. They basically work the same 2 days each week for the predictability then depending on schedule pick up more shifts. One will always pick up a weekend shift when dad can handle the kids.
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11-04-2025, 12:08 PM
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#37409 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Nov 2002 Location: 604
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Originally Posted by westopher NP is a whole different job really. You are like a jr. GP at that point. There aren’t a lot of positions yet, but realistically that would be a MAJOR solution to our GP shortages. | Many are thrilled to get a regular Nurse Practitioner as trying to get a family doctor is next to impossible.
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you can quote me on that Quote:
Originally Posted by mikemhg Stay anonymous my friends. | | |
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11-04-2025, 12:11 PM
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#37410 | | Rs has made me the woman i am today!
Join Date: Mar 2011 Location: Vancouver
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While condo prices (and some SFH prices) are down there still seems to be good movement in the duplex range (1.5m-2.5m). About 65 or so sold in the last 90 days.
Here's a 1900sf 3 year old duplex by Main/18th that went for $2.5m: https://www.zealty.ca/mls-R3028606/2...-Vancouver-BC/ 
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Current: 2019 Acura RDX
Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5
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11-04-2025, 12:19 PM
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#37411 | | Willing to sell a family member for a few minutes on RS
Join Date: Oct 2016 Location: Ricemond
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2.5 for this little shit ?!?!? My god.
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Geriatric Motoring Crub Member #444 | |
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11-04-2025, 12:48 PM
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#37412 | | OMGWTFBBQ is a common word I say everyday
Join Date: Dec 2009 Location: Burnaby
Posts: 5,371
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Originally Posted by CivicBlues Maybe Mike's GF spent 40K on Labubus? | She did buy a Labubu, I was disgusted 
__________________ Quote:
Originally Posted by MG1 In Mike we Trust | Quote:
Originally Posted by westopher LOOK AT ME IM MIKE AND I HAVE A BIG HOG AND I DRINK TEQULA AND WORK OUT AND LISTEN TO CHARLI XCX ON THE BEACH IN BERMUDA
Grow up fuckin Peter Pan and get a good nights rest. | | |
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11-04-2025, 12:55 PM
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#37413 | | OMGWTFBBQ is a common word I say everyday
Join Date: Dec 2009 Location: Burnaby
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Delete
__________________ Quote:
Originally Posted by MG1 In Mike we Trust | Quote:
Originally Posted by westopher LOOK AT ME IM MIKE AND I HAVE A BIG HOG AND I DRINK TEQULA AND WORK OUT AND LISTEN TO CHARLI XCX ON THE BEACH IN BERMUDA
Grow up fuckin Peter Pan and get a good nights rest. |
Last edited by mikemhg; 11-05-2025 at 02:33 PM.
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| | | This post thanked by: | 68style, Badhobz, BIC_BAWS, bobbinka, Eff-1, Gerbs, GLOW, HonestTea, Infiniti, roastpuff, sonick, Traum, underscore | |
11-04-2025, 12:57 PM
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#37414 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
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It's coded
I 69
I you love  | |
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11-04-2025, 01:04 PM
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#37415 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
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Originally Posted by whitev70r Many are thrilled to get a regular Nurse Practitioner as trying to get a family doctor is next to impossible. | They should be for sure. An NP is as useful as a GP and maybe 3/5ths the cost. They should be everywhere.
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98 technoviolet M3/2/5 Quote:
Originally Posted by boostfever Westopher is correct. | Quote:
Originally Posted by fsy82 seems like you got a dick up your ass well..get that checked | Quote:
Originally Posted by punkwax Well.. I’d hate to be the first to say it, but Westopher is correct. | | |
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11-04-2025, 01:04 PM
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#37416 | | Willing to sell a family member for a few minutes on RS
Join Date: Oct 2016 Location: Ricemond
Posts: 13,106
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does she have a closet full of designer shit? or a coke habit!?
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Geriatric Motoring Crub Member #444 | |
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11-04-2025, 01:06 PM
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#37417 | | Rs has made me the woman i am today!
Join Date: Apr 2007 Location: Langley
Posts: 4,259
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Is MC Hammer her financial advisor?
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11-04-2025, 01:15 PM
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#37418 | | private modder
Join Date: Feb 2002 Location: North Shore
Posts: 7,124
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Originally Posted by mikemhg Delete | Honest question. You never asked??
Last edited by RabidRat; 11-05-2025 at 08:21 PM.
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11-04-2025, 01:17 PM
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#37419 | | private modder
Join Date: Feb 2002 Location: North Shore
Posts: 7,124
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Originally Posted by bcedhk With the real estate downturn, I wonder how those realtor 'gurus" are doing financially with all of their rental properties with negative equity and 0 transactions? | Fuck man, as soon as I saw this I was like "ahhh shit now Hehe's going to post an essay about how rich he is and how easy you can do it too"
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11-04-2025, 01:38 PM
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#37420 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
Posts: 18,735
Thanked 20,409 Times in 6,934 Posts
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BIC eatin that up too, PM'ing hehe asking where to sign up for the Level 2 course
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11-04-2025, 02:06 PM
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#37421 | | Rs has made me the woman i am today!
Join Date: Apr 2001 Location: Burn-A-Bee
Posts: 4,041
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40k in CC debt. Half of it is probably in accumulated interest at 22%.
__________________ Never argue with a dumbass, they drag you down to their level and try to beat you with experience My Feedback
Blah™
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11-04-2025, 02:32 PM
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#37422 | | Willing to sell a family member for a few minutes on RS
Join Date: Oct 2016 Location: Ricemond
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Geriatric Motoring Crub Member #444 | |
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11-04-2025, 02:38 PM
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#37423 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2008 Location: Vancouver
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$169k salary... no car, no home, no kids, and $40k in CC debt
Either there's even more debt somewhere else, she has even crazier spending habit than you know, she has zero financial literacy, or there's something else going on in life.
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11-04-2025, 02:44 PM
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#37424 | | RS.net, where our google ads make absolutely no sense!
Join Date: Jan 2007 Location: GVA
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Originally Posted by westopher They should be for sure. An NP is as useful as a GP and maybe 3/5ths the cost. They should be everywhere. | I'm family medicine trained (but not practicing as a family doc... so I'm part of the issue I guess). I have absolutely seen excellent NPs I would trust my family & friends' care with without hesitation. I work alongside NPs in my practice settings and they fill an important (and massive) gap in our system. I obviously think that having a competent NP is far better than not having a family doctor at all.
However there are some implications that are yet to be understood. One example is that anecdotally and very generally speaking, many of my colleagues have the sense that some NPs have a lower threshold to refer (i.e. to specialists) and/or investigate (e.g. blood tests, CT scans, MRIs) that a family physician may have worked up/managed without. While patients may like that, this is not always something that improves outcomes (and in some case, can lead to bad outcomes, e.g. with inappropriate investigations) and there is a health system cost to that. There are other differences I won't go into as well, e.g. remuneration model, liability, etc.
Again, big asterisk as there are both excellent and less excellent family docs and NPs on both sides.
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11-04-2025, 02:46 PM
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#37425 | | 2013, 2016, 2017 & 2018 NHL Fantasy RS1 Champion
Join Date: Aug 2005 Location: Vancouver
Posts: 7,196
Thanked 1,343 Times in 629 Posts
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Originally Posted by bobbinka $169k salary... no car, no home, no kids, and $40k in CC debt
Either there's even more debt somewhere else, she has even crazier spending habit than you know, she has zero financial literacy, or there's something else going on in life. | Same thoughts, that's wild... Does she not have any savings either?
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