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-   -   Vancity: Vancouver cost of living could trigger mass exodus (https://www.revscene.net/forums/703493-vancity-vancouver-cost-living-could-trigger-mass-exodus.html)

quasi 05-28-2015 01:17 PM

Quote:

Originally Posted by pengu (Post 8641635)
I know people that commute from the Island because property there is so cheap.

I had a professor that did that, never understood it.

Spoon 05-28-2015 01:23 PM

Quote:

Originally Posted by pengu (Post 8641643)
3 or 4 day work week's, walk on passenger.

Where do they sleep during those 3 or 4 days? :confused:

Manic! 05-28-2015 01:47 PM

Quote:

Originally Posted by westopher (Post 8641640)
I find it hard to believe that savings isn't negated by their 5 hours per work day wasted commuting never mind being raped by B.C. ferries.

Buy a float plane or helicopter with floats. He have a doctor here who does cancer research. Lives on Long Lake and fly's his helicopter everyday to work on the Fraser river. Better yet find a job in Nanaimo or some other place on the Island.

multicartual 05-28-2015 03:25 PM

I love Vancouver so much I spent some time cleaning up garbage at 3rd beach:

http://i.imgur.com/a9IpJAO.jpg

Damn so many cigarette butts. :rukidding:

ImportPsycho 05-28-2015 04:57 PM

25 Ways The Baby Boomers Had It Easier Than The Millennials | WeKnowMemes


:QQ:

godwin 05-28-2015 05:45 PM

Plenty of people live on the islands and commute to Vancouver.. Bowen, Sunshine coast etc. Much like people commuting from Bainbridge Island to Seattle. Most people go to work and leave the family with larger space..

Personal choices.

punkwax 05-28-2015 06:52 PM

Quote:

Originally Posted by multicartual (Post 8641740)
I love Vancouver so much I spent some time cleaning up garbage at 3rd beach:

http://i.imgur.com/a9IpJAO.jpg

Damn so many cigarette butts. :rukidding:

500th post of your hipster bike's yellow rim. Congrats on the milestone!

multicartual 05-29-2015 10:05 AM

http://i.imgur.com/GbYQZGn.jpg


Hipster VS Bike thief gypsies

Phil@rise 05-29-2015 10:06 AM

Quote:

Originally Posted by godwin (Post 8641823)
Plenty of people live on the islands and commute to Vancouver.. Bowen, Sunshine coast etc. Much like people commuting from Bainbridge Island to Seattle. Most people go to work and leave the family with larger space..

Personal choices.

Id rather spend four hours a day more with my family.

GLOW 05-29-2015 10:09 AM

Quote:

Originally Posted by multicartual (Post 8642101)
http://i.imgur.com/GbYQZGn.jpg


Hipster VS Bike thief gypsies

they spotted you, RUN FOR IT!!!!

Y2K_o__o 05-29-2015 09:24 PM

Quote:

Originally Posted by 4444 (Post 8641156)
entirely depends on rent to own cost differential.
right now in vancouver, rent is so much cheaper than owning that the only sane choice is to rent and invest the differential.

again, my point is about the one sided stupidity of our media... but i'm happy the idiots are buying with mortgages, i just hope CMHC doesn't have to bail them out.

buy when there's blood on the street.

"buy when there's blood on the street" sounds like a very easy approach. How do you define this?

Just at the moment when you believe it's time to invest, even worse crash may yet to come. I am not saying you're wrong, it's easy to say "buy" if you have tons of spare cash enough to buy the whole property without mortgage (usually when bloods are on street, interest rate is usually sky rocket), and not to worry about getting layoff.

I think you have to realize investments always have risk, and some people are just not good investors. Perhaps real estate is not a bad tool to build asset for their retirement.

westopher 05-29-2015 09:35 PM

Quote:

Originally Posted by Manic! (Post 8641696)
Buy a float plane or helicopter with floats. He have a doctor here who does cancer research. Lives on Long Lake and fly's his helicopter everyday to work on the Fraser river. Better yet find a job in Nanaimo or some other place on the Island.

I doubt at that point it has anything to do with the cost savings. It has to do with his preference of living there. For someone with a "normal" job, buying a fucking helicopter to commute isn't really in the cards.

Nomomo 05-29-2015 09:59 PM

Layoff the crack pipe. Typical Yaletown yipster living paycheck to paycheck with a ' I'm so smart I barely work like you peons' mentality.
Next time you take a pot shot at surrey remember your nothing more than 14$ baller v2.0
Obviously you can't argue facts or logic.
Quote:

Originally Posted by multicartual (Post 8639662)
I don't pop pills...


Sure I have a little debt but I also have a steady good income :) If I wanted to make 250k+ a year I could work 8 hours a day instead of 1-2... but then I wouldn't have a fun hipster lifestyle :(


You make it sound like owning a place is the #1 thing in life... I have great friends, an awesome lifestyle and I'm happy as fuck!


If you're who I think you are, go back to listening to Tom Leykis and hiring prostitutes because no woman ever wants your company!


multicartual 05-29-2015 10:30 PM

Quote:

Originally Posted by Nomomo (Post 8642318)
Layoff the crack pipe. Typical Yaletown yipster living paycheck to paycheck with a ' I'm so smart I barely work like you peons' mentality.
Next time you take a pot shot at surrey remember your nothing more than 14$ baller v2.0
Obviously you can't argue facts or logic.


Dude you're a basement dweller with 0 friends and you hate women. Your life is a nightmare of angst and loneliness.


My girlfriend just left and now I'm happy as hell to be home on a Friday night, free and comfortable to work on my 2nd book!


:hotbaby:

multicartual 05-29-2015 11:22 PM

Another beautiful day renting in Vancouver...


http://i.imgur.com/boesAKt.jpg


http://i.imgur.com/srAHDfg.jpg


After tossing the ball around for awhile, we cleaned up a bunch of the litter left by the local ghouls. We picked up probably like 50 shitty cigarette butts, 10+ cigarette wrappers, tons of those gross "snackables" processed, non-organic cheese packs. I bet the cows that cheese comes from aren't even grass-fed or free range.


I digress.


So many guys like Nomomo own property in this city but would never lift a finger to make their community nicer or more friendly. I go out of my way to make people feel welcome and have made a bunch of really good friends in Gastown. A lot of people who own property here are completely disconnected from their neighbors and live here simply to feel relevant in a trendy neighborhood. Walking around down here it is impossible to not have a friendly conversation with a neighbor, friendly crackhead, pretty girl or fellow hipster if you're a friendly person yourself.

A lot of property owners view renters like me as peasants who can't afford to buy in their neighborhood, fakers who are "paycheck to paycheck" because we do not have traditional assets. I've seen this attitude over and over again downtown, and many social groups are divided along renter/owner lines. What I'd like people to understand is that your time and your fulfillment of life can be more important than a mortgage. You're lead to believe that the crescendo of being an adult is land ownership, and that if you do not own your home you are somehow not an adult. This is false and can limit people's personal growth due to the time and money needed to purchase land/property rather than seeking out life experiences. What people may lack in financial assets they can make up for in cultural, social and experience assets; these assets can be just as valuable as property.

Cultural ties, social connections and life experience can provide a deeper sense of fulfillment than just financial success. It is something that took me years to learn. Many people aren't even aware of their own depression and the crushing loneliness they can't quite put their finger on. Many of those people can only find connection with others when drunk, on coke and banging.

Life of solitude: A loneliness crisis is looming - The Globe and Mail

You can have all the money in the world, but it doesn't count for jack shit if you're miserable and nobody loves you!

multicartual 05-29-2015 11:27 PM

Quote:

Originally Posted by westopher (Post 8642313)
I doubt at that point it has anything to do with the cost savings. It has to do with his preference of living there. For someone with a "normal" job, buying a fucking helicopter to commute isn't really in the cards.


Hahaha I lost my shit when I read buddy suggesting "BUY A HELICOPTER" hahahaha... hahaha!!!

GLOW 05-30-2015 08:11 AM

impressive if you can buy a choppa and fly it. i always crash my copter when i play battlefield 3

SumAznGuy 05-30-2015 08:57 AM

Quote:

Originally Posted by GLOW (Post 8642406)
impressive if you can buy a choppa and fly it. i always crash my copter when i play battlefield 3

Quick to the Petercopter.

http://i.adultswim.com/asfix/reposit...nail_17690.jpg

Teriyaki 05-30-2015 09:33 PM

Kind of off topic, but does anyone know how these "hotel" investments work out?
Is it really just a timeshare in disguise?

612-5911 Minoru Boulevard, Richmond, BC, Apt/Condo For Sale | REW.ca

Manic! 05-31-2015 07:13 PM

Quote:

Originally Posted by multicartual (Post 8642351)
Hahaha I lost my shit when I read buddy suggesting "BUY A HELICOPTER" hahahaha... hahaha!!!

People are paying over million for a tear down. You can buy a house on the lake for under a mill. Now you have like 800K left over for a plane or a helicopter.

multicartual 05-31-2015 07:23 PM

Quote:

Originally Posted by Manic! (Post 8642996)
People are paying over million for a tear down. You can buy a house on the lake for under a mill. Now you have like 800K left over for a plane or a helicopter.


The insane part is, it almost starts to make sense!!!

4444 06-01-2015 11:27 PM

Quote:

Originally Posted by Y2K_o__o (Post 8642312)
"buy when there's blood on the street" sounds like a very easy approach. How do you define this?

Just at the moment when you believe it's time to invest, even worse crash may yet to come. I am not saying you're wrong, it's easy to say "buy" if you have tons of spare cash enough to buy the whole property without mortgage (usually when bloods are on street, interest rate is usually sky rocket), and not to worry about getting layoff.

I think you have to realize investments always have risk, and some people are just not good investors. Perhaps real estate is not a bad tool to build asset for their retirement.

it's an extremely simplistic view of being a contrarian.

What it means is buy things that are unpopular, sell things that are popular.

right now, don't buy real estate. if you were to buy real estate it would have been in the US 3 years ago, or would be perhaps some areas of Europe today.

canada? who knows when the right time will be, but it will be when it's not the leading news story on global


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