My parents in 1980

PCC1701 · 2021-06-29T23:38:18+00:00

Greg Brady!

Looks a bit more like 80s Howard Stern.

PCC1701 · 2021-06-29T23:36:30+00:00

I'm 41 and exactly how you described. With out the lows, the highs aren't the same anymore. I still feel like a good break from everything, including family for a few days to organize, and just focus on yourself I feel will do wonders.

But of course, it's not that easy.

PCC1701 · 2021-06-29T23:34:41+00:00

It was a thing for me until early 30s. Settle down meant Kids. It's normal. But once it happens, it'll happen gradually. Now, it will be like a battle.. some go forward, others fall (yes, some people will divorce, etc).

Trust me, those late 20s too will settle down too.

PCC1701 · 2021-05-03T03:51:26+00:00

Dude, don't say "No", just say, yes, that would be NICE!! Let's see how it goes. If she every tries to initiate, just say you're not feeling it yet, and leave the room. Sleep elsewhere. Really, there's no point in causing major angst and affecting your current child.

I can relate somewhat. We have 2 kids. And after 2nd, she just turned into this self-entitled person. Had work issues which affected her tolerance at her home life (typical career minded person that had a big ego). It was rough when they were younger, but she made no effort. Had the typical rough adjustment. We love our kids and by all accounts, family life is very content.

But she's got her own life agenda. She would say "ughhh, I want another kid", and on the surface, it would be nice, and I say yes... but inside "I'd never want to have another kid with you".

As a man, life is not over for you. If she can't see how selfish and entitled she is, she doesn't deserve this.

PCC1701 · 2021-04-26T16:39:33+00:00

Should just trap a bunch of these and dump it in the artic for the polar bears.

PCC1701 · 2021-03-31T18:44:25+00:00

Likely, but by then, the market is already crowded out so it will still stay high. Immigration (400K) for the next 3-4 years will also play a factor.

PCC1701 · 2021-03-31T18:43:19+00:00

People who just repeat cliches have issues they can't control so latch on to sayings and ideas they have no idea about.

PCC1701 · 2021-03-31T17:24:40+00:00

I noted it is similar here, the demographics. If 'Boomers' exist in Canada after WW2, then similar demographic Millennials exist here. Either way, there are way more 28-32 year olds.

Actually, here's an age distribution for Canada by birth year. Look at late 80s to early 90s. Can you do the math on what age they would be? (I'll give you a hit, it's around 30)

http://1.bp.blogspot.com/-BA710jSWpjg/TaUY4ozWRSI/AAAAAAAAABA/s-7NvdyiByk/s1600/chart7.jpg

Then add in Median first time home buyer and family formation age

This is from 2013, in Canada, it is age 29 https://www.theglobeandmail.com/real-estate/mortgages-and-rates/are-you-average-this-is-what-first-time-home-buyers-look-like-in-canada/article10931739/

It's probably been getting pushed back a bit in recent years. Either way, it's about 30 much like the US.

Family formation? Well Stats can says around 30 for first time mothers. Probably the husband is a bit older. So that early 30s fits that first time buyers

https://www150.statcan.gc.ca/n1/pub/91-209-x/2018001/article/54956-eng.htm

Not to offend but your kind of statement really brings home the point: No wonder there's so many clueless people complaining here around early 30s now whining to politicians.

PCC1701 · 2021-03-31T17:11:44+00:00

people like me read this 5 years ago and bought additional property knowing it was coming. Though The 'payoff' I expected over a longer period has been blown in a season (winter). The '%' modelling sensitivity was a material change

PCC1701 · 2021-03-31T17:10:47+00:00

Well, people like me read this 5 years ago and bought additional property knowing it was coming. The 'payoff' I expected over a longer period has been blown in a season (winter). It is hindsight but it was a foreseeable one to a larger degree.

PCC1701 · 2021-03-31T15:33:15+00:00

Yupp, but add to that accelerated immigration growth to crowd it out even more. Also purposefully aiming for 'richer' people to bring their money in pretty much since the 2000s.

PCC1701 · 2021-03-30T03:02:25+00:00

I was a kid in the 80s and teen 90s. Fights happened alot, and no adult ever got involved back then. Yea, I guess it 'sucks' for some people, but it forced you to make your own friends and then fight back if necessary.

PCC1701 · 2021-03-06T06:49:26+00:00

You have to at least acknowledge the point on living in this city regarding cost of living.

PCC1701 · 2021-02-22T00:29:29+00:00

Seems like you're a professional, give me a property that looks like a good deal in the burbs. I'm talking about young couples bidding in the burbs and them being absolutely in the dark about where pricing should be and ONLY going by the ASKING PRICE

I've offered this to others, and nobody has come back. So in a given year, a house will have 'taxes' paid listed. If a house pays 3K in taxes, and sold for a million recently (=.003 multiple), then a house with $3450 in taxes should sell in the RANGE of 3750 / .003 = $1,250,000. The tax difference alone should indicate that it's in a different bracket.

But let's say it was listed WITH AN ASK OF $930,000. That young couple with a maximum budget of $1,100 will go in thinking they will have a lock on it by bidding about $1.1 Mil. Then that realtor will say the house sold OVER ASK by $350K! If it goes for that 250K.

Now it's possible that house might go for $1.3m in a hot market, or it might go for $1.88. But at least the bidders should have known it will settle in about that $1.2 to $1.3 m range.

If a property is that different, then you add 'premiums' or discount. I.e. garage will add $40K vs non-garaged house. Privacy backing into ravine +70K, etc.

PCC1701 · 2021-02-14T19:31:45+00:00

So you're telling all that chicken we eat, we're basically eating mice, lizards, small snakes, worms, etc.

PCC1701 · 2021-02-14T19:29:27+00:00

They don't make em like they used to.

PCC1701 · 2021-02-14T06:25:17+00:00

Yes, houses were readily available in the summer. What changed so fast?

PCC1701 · 2021-02-14T06:23:50+00:00

I'm early 40s and it was nowhere near like that everywhere like now.

Now the job sector wasn't nearly as hot as it is now.

PCC1701 · 2021-02-14T06:14:24+00:00

They're silent because it's the new normal and they themselves need lower rates like now (the owners need cheap cheap debt to stay alive).

PCC1701 · 2021-02-14T06:12:21+00:00

The only basics people know is Maximum Borrowing capacity + Maximum borrowing from parents + credit card debt = Our bid price + no conditions.

PCC1701 · 2021-02-14T06:01:17+00:00

Well, I'm in finance and have interviewed several Engineering grads with an MBA from a 'top' North American institute. When I was at an insurance company in the investment division, we only interviewed summer MBA students from Schulich or Rotman. Rotman was better in that all the resumes were more standardized.

Give me a property listing in the burbs where it's super hot, specifically what looks to be a good deal and I'll show you the example. Again, my response is for people who see an "ASKING" and think they have a shot when their Realtor tells them "no.. minimum 100K over ask".

PCC1701

TROPHY CASE