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07-27-2021, 11:56 AM
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#18926 | | OMGWTFBBQ is a common word I say everyday
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Variable rate mortgages also don't penalize you as much to break them compared to fixed rate mortgages. The interest rate differential calculation can be very significant t if you're forced to break a mortgage early in your fixed term.
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07-27-2021, 12:01 PM
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#18927 | | Willing to sell a family member for a few minutes on RS
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I would think a rate hike should come soon from BOC due to the absurd inflation, but it certainly hinges on the rest of the worlds response to covid as well, which is getting nowhere fast. I think a year from now I’d think a little harder about it, but multiple rate hikes are going to be small and spaced out. I signed on for a variable at 1.27 about 3 months ago without hesitation.
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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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07-27-2021, 12:02 PM
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#18928 | | I contribute to threads in the offtopic forum
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Originally Posted by Tapioca Variable rate mortgages also don't penalize you as much to break them compared to fixed rate mortgages. The interest rate differential calculation can be very significant t if you're forced to break a mortgage early in your fixed term. | Great point. it's just 3 months interest (at these rates that's dirt cheap) if you break a variable so if you have any plans at all of selling/moving during your mortgage then variable is 100% the way to go.
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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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07-27-2021, 12:37 PM
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#18929 | | I have named my kids VIC and VLS
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Take more money on at 1.2 for a P car? 
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Dank memes cant melt steel beams
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07-27-2021, 12:40 PM
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#18930 | | Performance Moderator
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Originally Posted by Hondaracer Take more money on at 1.2 for a P car? |  | |
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07-27-2021, 12:44 PM
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#18931 | | Willing to sell a family member for a few minutes on RS
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Originally Posted by Hondaracer Take more money on at 1.2 for a P car? | Fucking obviously. The only way to make real money these days certainly isn’t working for it. Own a home or have rich parents is the true path to success in Vancouver.
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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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07-27-2021, 12:48 PM
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#18932 | | Orgasm Donor & Alatar owned my ass twice!
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Originally Posted by Hondaracer Take more money on at 1.2 for a P car? | Honestly, if you can service the mortgage, it is definitely the thing to do because it is very unlikely that you'd be able to find a cheaper way to borrow.
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07-27-2021, 12:52 PM
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#18933 | | in the butt
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Originally Posted by Hondaracer Take more money on at 1.2 for a P car? | Thats gonna be me next year on the renew, dream car by 30 here we go, yeeeet 
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Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by mikemhg
Clothes come off and my car is permeated with the smell of fillet-o-fish and canned tuna.
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07-27-2021, 12:54 PM
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#18934 | | RS has made me the bitter person i am today!
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Gotta but some gt3 and flip them 5 years down the road.
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07-27-2021, 04:47 PM
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#18935 | | I contribute to threads in the offtopic forum
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Originally Posted by Hondaracer Take more money on at 1.2 for a P car? | https://www.zealty.ca/mls-R2595024/5...CE-Burnaby-BC/
Buy this and claim the cars are part of the deal for the house.
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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
Last edited by supafamous; 07-27-2021 at 08:10 PM.
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07-27-2021, 07:49 PM
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#18936 | | RS.net, where our google ads make absolutely no sense!
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Originally Posted by supafamous Buy this and claim the cars are part of the deal for the house. | FYI (dunno if you care about it being on a public forum) Zealty reveals your email in the URL if you share links like that.
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07-27-2021, 08:10 PM
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#18937 | | I contribute to threads in the offtopic forum
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Originally Posted by carsncars FYI (dunno if you care about it being on a public forum) Zealty reveals your email in the URL if you share links like that. | Ah yeah, thanks. Fixed.
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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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07-27-2021, 10:49 PM
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#18938 | | I contribute to threads in the offtopic forum
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Originally Posted by carsncars FYI (dunno if you care about it being on a public forum) Zealty reveals your email in the URL if you share links like that. | who uses their real email for zealty?  | |
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07-27-2021, 11:45 PM
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#18939 | | Even when im right, revscene.net is still right!
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Originally Posted by supafamous | Sandwiched between a cementry and a church. Would you do that or live on a big street?
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07-28-2021, 06:21 AM
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#18940 | | ninja edits your posts without your knowledge
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Originally Posted by Special K Sandwiched between a cementry and a church. Would you do that or live on a big street? | I mean at least you'll have quiet neighbours being next a cemetery.
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07-28-2021, 08:27 AM
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#18941 | | I contribute to threads in the offtopic forum
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Originally Posted by Special K Sandwiched between a cementry and a church. Would you do that or live on a big street? | At least you'll know the view will never be disturbed.
I personally don't mind living near places like cemeteries or churches but my wife sure does. I do mind when the area isn't walkable and that spot isn't walkable - I WFH now and the idea of being able to walk to a good coffee shop in the morning is very appealing (or some local lunch places). Right now I'm a 20 min walk from even a Starbucks.
But 5 car garage - a spot for each generation of Miata and a minivan yo!
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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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07-28-2021, 08:40 AM
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#18942 | | I have named my kids VIC and VLS
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Nothin like unfounded superstition to prevent you from changing addresses lol
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Dank memes cant melt steel beams
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07-28-2021, 10:25 AM
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#18943 | | Orgasm Donor & Alatar owned my ass twice!
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Personally, I don't mind being next to a cemetery, but the reality is -- the property value increase potential as well as the marketability of the property when it eventually needs to be sold are much lower because lots of other people do not like living next to a cemetery. So these aspects of the property would make it undesirable for me to purchase it.
Being next to a church would be a bit of a pain because there'd be lots of people coming and going at different times. As primary residence, I'd want a place that is more quiet and sees less foot traffic. So again, that'll make being next to a church less desirable to me.
But hey, if the place has a 5 car garage... that would make it really, really tempting...
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07-28-2021, 10:59 AM
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#18944 | | My homepage has been set to RS
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Originally Posted by westopher Fucking obviously. The only way to make real money these days certainly isn’t working for it. Own a home or have rich parents is the true path to success in Vancouver. | I think you need at least two homes to be successful. For most people, owning one home doesn't really do much for them.
It's not like they're taking equity out of their house and investing it. Most people just have a house and that's it. Then they'll pass it down to their kids when they pass.
Also, what would you say qualifies your parents being rich? What net worth are you considered rich? $5M?
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07-28-2021, 11:23 AM
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#18945 | | Even when im right, revscene.net is still right!
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I started looking for another condo 2 weeks ago. Some of the condo listings have been up for 6 months. People just fishing and dropping their prices, accepting offers well under asking.
The wife went to look at this one, took just over a month to sell. Had parking for at least 4 cars. https://www.rew.ca/properties/333249...e-vancouver-bc | |
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07-28-2021, 11:23 AM
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#18946 | | 14 dolla balla aint got nothing on me!
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Originally Posted by PeanutButter Also, what would you say qualifies your parents being rich? What net worth are you considered rich? $5M? |
HSBC Jade Status?
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07-28-2021, 12:20 PM
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#18947 | | ninja edits your posts without your knowledge
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Originally Posted by vash13 HSBC Jade Status? | So 1 million?
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07-28-2021, 12:58 PM
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#18948 | | Willing to sell a family member for a few minutes on RS
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I’d say if you can live the life of an upper middle class person for the rest of your life without making another dollar or working another day, your rich. Obviously subjective and not a definitive way of describing it. But not having to legitimately worry about having a job and still get to do what relatively successful people do sounds pretty nice.
__________________
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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07-28-2021, 03:57 PM
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#18949 | | RS has made me the bitter person i am today!
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Must be nice to look at a $2m plus townhouse as a second property   Quote:
Originally Posted by GIZZ I started looking for another condo 2 weeks ago. Some of the condo listings have been up for 6 months. People just fishing and dropping their prices, accepting offers well under asking.
The wife went to look at this one, took just over a month to sell. Had parking for at least 4 cars. https://www.rew.ca/properties/333249...e-vancouver-bc | | |
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07-28-2021, 04:00 PM
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#18950 | | RS has made me the bitter person i am today!
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Speaking of investment properties, any body invest in commercial property? Obviously it's way more expensive and harder to get lending from what I've heard. But it seems like you don't have to deal with all the tenancy bs, missed rent? Then you get to lock the doors and release the hounds.
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