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Ya I hear it all the time but it's usually a bit tongue and cheek but these guys are just rediculous. $747k in 2011 is crazy money, I understand getting your live and die house sooner than later but not at the sake of being eyes deep in debt. http://www.theglobeandmail.com/globe-inv...&service=mobile |
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Bunch of idiots. |
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Dumb fucks Even more so to air their dirty laundry out like this |
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Idiots Putting wants before needs... |
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They are living WELL beyond their means and yep, stupidity status confirmed there. |
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Hahaha wtf!!! 'bought' a house they couldn't even afford to begin with and these 2 idiots work in the finance industry. Oh the irony!!! |
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Fuck you guys. They deserve it. |
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#homefail |
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i get the idea that this series is meant to show how we (canadians) are heavily relying on debt but this story was just dumb as fuck. how about i go get myself a M6 Grand Coupe and a Suite in the Four Seasons and they'll do a feature on how i'm broke. |
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Sad thing is this is more common than most would like to admit. Fake it till ya make it amirite |
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Originally Posted By: Euphoric Sad thing is this is more common than most would like to admit. Fake it till ya make it amirite Fuck people that are trying to impress anyone else. Retards. #soontobeslumlord |
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Time to break that rrsp to pay down that debt outside of the mortgage |
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Easy to say living in barrie. What are plebs supposed to do in the gta ? |
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Originally Posted By: Euphoric Easy to say living in barrie. What are plebs supposed to do in the gta ? Says the renter. |
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There are people in the same situation without owning a house or anything. Not sure any of this is about status. It's probably more about stupid. |
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Originally Posted By: 4age There are people in the same situation without owning a house or anything. Not sure any of this is about status. It's probably more about stupid. Yep this article was all sorts of stupid. |
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Originally Posted By: Euphoric Easy to say living in barrie. What are plebs supposed to do in the gta ? Move |
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Originally Posted By: c2k Originally Posted By: Euphoric Easy to say living in barrie. What are plebs supposed to do in the gta ? Says the renter. |
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Originally Posted By: Euphoric Originally Posted By: c2k Originally Posted By: Euphoric Easy to say living in barrie. What are plebs supposed to do in the gta ? Says the renter. Nah, you're the dumbass for missing the train. A lot of us got on the train a long time ago while you were too busy harping the housing market was too expensive THEN. How's that working out for ya? |
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What's it like being a complete retard ? |
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Originally Posted By: c2k Originally Posted By: Euphoric Originally Posted By: c2k Originally Posted By: Euphoric Easy to say living in barrie. What are plebs supposed to do in the gta ? Says the renter. Nah, you're the dumbass for missing the train. A lot of us got on the train a long time ago while you were too busy harping the housing market was too expensive THEN. How's that working out for ya? Originally Posted By: Euphoric What's it like being a complete retard ? |
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The couple bought a 4 bedrooms single detached house in 2011 for $747K as a starter house? Ya lol okay don't bitch and complain to the newspaper, you did it to yourself. |
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I think if you think "owning" a house is still a good "investment", you're out to fucking lunch. |
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Originally Posted By: SiZ I think if you think "owning" a house is still a good "investment", you're out to fucking lunch. I dunno about that. Who here actually buys homes and flips them? I know a few ppl who do and it hasn't been a problem. Location counts bra. And u said house, not condo. So if we are talking houses, I beg to differ. What's better? Rrsp? Returns are not the same,nor is it recession proof. |
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Originally Posted By: Euphoric What's it like being a complete retard ? me? I'd have no idea, but why don't you tell us? you are a living example. Go preach on as usual. |
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Originally Posted By: SiZ I think if you think "owning" a house is still a good "investment", you're out to fucking lunch. If you are in a GREAT location, then cash is king. |
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Originally Posted By: SiZ I think if you think "owning" a house is still a good "investment", you're out to fucking lunch. tell that to a colleague who is on his 4th home now and has made money all along the way. |
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Originally Posted By: loudsubz Originally Posted By: SiZ I think if you think "owning" a house is still a good "investment", you're out to fucking lunch. tell that to a colleague who is on his 4th home now and has made money all along the way. +1 It's all about location. |
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They had a townhouse as a starter ... UPDATE: oh shiet... they STILL HAVE it. Quote: If that doesn’t sound stressful enough, they also had yet to sell their starter townhouse. Each bedroom also has their own ensuite That backyard Originally Posted By: iamfob The couple bought a 4 bedrooms single detached house in 2011 for $747K as a starter house? Ya lol okay don't bitch and complain to the newspaper, you did it to yourself. |
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People are out to lunch, dat image, dat life, dat car payment, dat new restaurant, dat new Apple product, l'el Like it was mentioned before a ton of people are living like that, a lot more than people think and a lot that would never admit it. Fuck all of them if you can't make basic prioritizing decisions. I like how the couple in the article has not even once considered downsizing lol |
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Just cuz you're in the 'finance industry' doesn't mean you know much about finances, nor does it mean you're good at it... via LI: Sandhya B. - Account Manager - Condo Specialist at Atrens Counsel Insurance Brokers @ $73k/yr Vicky B. - Sr Super at Citi Hedge Fund Services @ $55k/yr Originally Posted By: Hatorade 'bought' a house they couldn't even afford to begin with and these 2 idiots work in the finance industry. Oh the irony!!! |
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Originally Posted By: Risky Business People are out to lunch, dat image, dat life, dat car payment, dat new restaurant, dat new Apple product, l'el Like it was mentioned before a ton of people are living like that, a lot more than people think and a lot that would never admit it. Fuck all of them if you can't make basic prioritizing decisions. I like how the couple in the article has not even once considered downsizing lol i hope these people fix things before the kid suffers too much. |
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Originally Posted By: Risky Business People are out to lunch, dat image, dat life, dat car payment, dat new restaurant, dat new Apple product, l'el Like it was mentioned before a ton of people are living like that, a lot more than people think and a lot that would never admit it. Fuck all of them if you can't make basic prioritizing decisions. I like how the couple in the article has not even once considered downsizing lol Bro no need to downsize when you can use a pensioners money!!! BRB going to ask dad to use his pension |
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Failed bootstrap attempt? |
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I didn't read the rest of the article, did see above that they haven't sold yet. Just sell and downsize. Since they bought in 2011, probably more than enough profit to be living comfortably in a semi or townhouse. |
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Originally Posted By: Risky Business People are out to lunch, dat image, dat life, dat car payment, dat new restaurant, dat new Apple product, l'el Like it was mentioned before a ton of people are living like that, a lot more than people think and a lot that would never admit it. Fuck all of them if you can't make basic prioritizing decisions. I like how the couple in the article has not even once considered downsizing lol +100 |
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so... how are they expecting to manage? double mortgage? |
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Originally Posted By: zaius so... how are they expecting to manage? double mortgage? double rainbow |
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they must be praying for a miracle that someone reading the article will pity them and give them $500k. |
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perhaps in a few days, there'll be a GoFundMe link going around Facebook to help them out. like that couple that had the baby mid-flight from Calgary to Japan. claimed she didn't know she was pregnant, wanted to raise $50k online to have people pay for their mistake...dur..i mean, baby. |
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straight stupid. |
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11,000 sq ft lot? WTF are they thinking? $747K for 3,500 sq ft home in 2011? WTF? I feel no pity for these people whatsoever! They don't know how to shop for houses, they don't know how to manage finances, they don't have ANY common sense! Let them suffer and hopefully lose the house. Perhaps it'll knock some sense into these people! Wake up... you're not the Kardashians... stop acting like them!!! |