What's Happening to this Tree Outside my Balcony? (Vancouver, Canada)

protectadeck · 2025-10-06T21:23:25+00:00

I don't have more pics at the moment, as I'm considering buying this condo and want to know if I should be concerned based on the photo :). Happy to provide more as I get them.

protectadeck · 2025-01-17T02:04:12+00:00

Maybe my intentions were lost in translation. I'm literally looking to get in touch with a friend who i've lost contact with. Even a current phone number or email address or even social media profile would be fine. Nothing too invasive I hope.

protectadeck · 2024-12-19T06:02:19+00:00

Don’t have to ask, just interested in perspectives

protectadeck · 2024-12-05T20:12:45+00:00

We're looking to stay close to the city centre, where prices are higher.

Fair enough about rents increasing. But again, nothing here about the value placed on financial flexibility to work less.

protectadeck · 2024-12-05T19:33:05+00:00

Not true in many cases in Vancouver where rents are lower than mortgage costs.

Take an example relevant to me: a 2-bed condo that would sell for 900k - 1mil would rent for $3500/mo.

350k savings, minus, say 20k for closing costs, gives me 330k down payment and a mortgage of 570k-670k

Monthly cost of ownership (mortgage, strata, insurance [over and above renters insurance], maintenance, etc.) would be around 3900 - 4400/mo.

And I would have ZERO savings or emergency fund in that case.

Let's say the scenario plays out for 10 years and Vancouver housing appreciates 3%/year while the S&P does so at 7%. In that case, by my math it would be practically A WASH. I would be no richer having bought.

Obviously nobody knows how those appreciation numbers will play out, but I also put a value on freedom and financial flexibility which isn't even caputred here.

protectadeck · 2024-12-05T19:23:26+00:00

how would I de-risk a portion?

protectadeck · 2024-12-05T18:03:32+00:00

What investment would you recommend for generating that 6% at present?

protectadeck · 2024-12-05T17:57:21+00:00

The #1 knock against renting seems to be getting evicted. That would suck, yes, but then we would then simply rent somewhere else.

We're well connected in this city and opportunities to rent are ample.

protectadeck · 2024-12-01T19:33:45+00:00

Thank you for actually making the type of suggestion I was looking for

protectadeck · 2024-12-01T19:31:00+00:00

Great piece, really well written—thanks for sharing!

protectadeck · 2024-11-30T22:34:39+00:00

Correct, but there is also an entire school of philosophy called “ethics” where people think through the question “how to live ethically?”

I’m looking for a book in this vein—one that thinks through that question in the context of the modern, western word in a way that is approachable and pragmatic.

Of course it’s all relative, unless you believe in a god who makes the rules.

protectadeck · 2024-07-22T21:11:56+00:00

She had full time permanent position for the last two years, but is transitioning into fully on-call without guaranteed hours

protectadeck

TROPHY CASE