#8932531 - 02/01/17 12:25 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Riskhe Business]
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Hatorade
pheggit
Post Master Supreme
Registered: 11/05/99
Posts: 26908
Loc: Toronto, ON
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He never will. He's been talking about it for years now... Can you blame him? I wouldn't be comfortable at all buying regardless of my income/downpayment/etc. It's a big gamble and burden to carry right now.
Currently no. But what about when he first started looking years ago? We call agree that now isn't the time to buy... or is it since lots of people are still hung up on a market correction.
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'07 997.1 GT3 '08 E90 M3 '11 E90 d '02 Rota Grid - 195-55-16FR (RIP) '04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi) I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr
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#8932609 - 02/01/17 12:52 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Senor Eduardo_82]
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Hatorade
pheggit
Post Master Supreme
Registered: 11/05/99
Posts: 26908
Loc: Toronto, ON
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Use the Chinese site man!
Share now!
_________________________
'07 997.1 GT3 '08 E90 M3 '11 E90 d '02 Rota Grid - 195-55-16FR (RIP) '04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi) I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr
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#8932613 - 02/01/17 12:54 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Hatorade]
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Senor Eduardo_82
miataist
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Registered: 01/09/03
Posts: 38036
Loc: Ca�ada
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#8932631 - 02/01/17 01:03 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Senor Eduardo_82]
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Riskhe Business
Provides a Great Work Environment.
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Registered: 05/17/10
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Oh wow! Thanks
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#8932633 - 02/01/17 01:04 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Hatorade]
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Riskhe Business
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Registered: 05/17/10
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There is always something. But I think Jeffos is looking for a home that is like in the show million dollar listing lol
Yes there is no such thing as getting everything you want for price you want. Gotta compromise and I am not talking about shit like bedrooms or closet space.
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#8932635 - 02/01/17 01:06 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Senor Eduardo_82]
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Hatorade
pheggit
Post Master Supreme
Registered: 11/05/99
Posts: 26908
Loc: Toronto, ON
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Takes a few days for the sold listings to come up. But at least you can see about 3 months back.
You the Ma... never mind lol
HOLY FUCK. The TH on my cousins street sold for 1.38m LMFAO. Asking was 1,080,000
What in the fuck is going on.
_________________________
'07 997.1 GT3 '08 E90 M3 '11 E90 d '02 Rota Grid - 195-55-16FR (RIP) '04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi) I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr
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#8932659 - 02/01/17 01:25 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Wildout]
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Big Tasty
Post Master Supreme
Registered: 02/10/02
Posts: 19931
Loc: Toronto
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Biggest difference is you upgraded homes on value, so you and others like you win.
Most upgrade on stupid shit like size - losing proposition. This can't be stated loud enough
I guess I'm missing the point but I don't see how you say this. Outside of the mcmasions, people upgrade based on need. What you need as a single person vs married vs kids will relate to size of house. Long gone are the days where people can buy their first house as their forever house.
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#8932680 - 02/01/17 01:41 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Big Tasty]
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LNXGUY
Tougher than Logan Roy
Post Master Supreme
Registered: 08/06/00
Posts: 107829
Loc: Barrie, Ont,
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I absolutely won the lottery because I had to buy a bigger house, lol.
_________________________
-Bill The GN would OWN you, your children and your children's children. Left foot, right foot, just keep moving!!! -Jeffrey P. Murphy
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#8932693 - 02/01/17 02:00 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Big Tasty]
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Riskhe Business
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Registered: 05/17/10
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Biggest difference is you upgraded homes on value, so you and others like you win.
Most upgrade on stupid shit like size - losing proposition. This can't be stated loud enough I guess I'm missing the point but I don't see how you say this. Outside of the mcmasions, people upgrade based on need. What you need as a single person vs married vs kids will relate to size of house. Long gone are the days where people can buy their first house as their forever house.
My thought process is simple:
Life and needs will always change, family vs. no family, job location, divorce etc.
To the layman, every significant life event in the case above would require a move/upgrade/downgrade/etc...and therein lies the issue.
Since we are the architects of our own lives we can to a degree plan our future, I am of the belief if you buy something once that checks most of your boxes YOU then suit your life around what you HAVE, rather than do the opposite and let your "life events" dictate your path.
If you take regular person real estate progression every 5-10 years:
1st: condo, 2nd: townhouse/semi detached/bungalow 3rd: bigger detached 4th: change neighbourhoods, 5th: downgrade to smaller house 6th: die
So you go through 4-5 houses in a lifetime, there are some pretty significant costs aside from realtor fees/lawer fees/taxes that you face, this shit for the most part remains unquantifiable and just goes down a black hole.
Staying in the same house for as long as it makes sense is your best option financially. Same logic goes for cars, over the long run the longer you keep the car the cheaper the cost to operate. In real estate people are completely out to lunch when they upgrade and think they are getting ahead yet renew their mortgages for additional 5 or 10 years compared to what they are leaving behind when they refinance for a "new" to them home.
I don't know, there is just something lost on our generation that our parents/grandparents did right, which is also why they are/will be better off than us. There wasn't a need to constantly churn cars/homes/material shit, which is why most people are fucking broke peasants.
/thots from a peasant
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#8932699 - 02/01/17 02:05 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Riskhe Business]
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LNXGUY
Tougher than Logan Roy
Post Master Supreme
Registered: 08/06/00
Posts: 107829
Loc: Barrie, Ont,
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Our parents bought what they could afford and made it work. I think we all could take a few lessons from that generation.
_________________________
-Bill The GN would OWN you, your children and your children's children. Left foot, right foot, just keep moving!!! -Jeffrey P. Murphy
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#8932732 - 02/01/17 02:16 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Big Tasty]
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LNXGUY
Tougher than Logan Roy
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Registered: 08/06/00
Posts: 107829
Loc: Barrie, Ont,
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True but what they could afford was a real house with costs proportionate to wages with land that could be expanded on if needed. Now you get a box in the sky or house sharing walls on both sides with a 10'x10' spit of land in the back.
For sure the house I grew up in was a forever home for them. 3 bedroom, 1.5bath big front and back yards, close to schools. I couldn't raise a family in the first house I bought, we'd all drive ourselves fucking crazy in that kind of space, lol.
_________________________
-Bill The GN would OWN you, your children and your children's children. Left foot, right foot, just keep moving!!! -Jeffrey P. Murphy
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#8932772 - 02/01/17 02:51 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Big Tasty]
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Riskhe Business
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Registered: 05/17/10
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True but what they could afford was a real house with costs proportionate to wages with land that could be expanded on if needed. Now you get a box in the sky or house sharing walls on both sides with a 10'x10' spit of land in the back.
Some things back then were easier, others were harder, no point in comparing. Only thing we can look at is the now, and now our behaviour/expectations/"wants & needs" are completely out of touch with reality, but society reinforces that it's "ok" to want and need more and more. WE DESERVE IT! WE WORKED FOR IT! lol
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#8932778 - 02/01/17 03:01 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Choco 'Nuck]
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Riskhe Business
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Registered: 05/17/10
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wat?
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#8932873 - 02/01/17 04:43 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Riskhe Business]
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JEFFOS
Post Master Supreme
Registered: 01/27/00
Posts: 29176
Loc: Toronto
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Guys this turned into can Jeff buy a house thread slightly lol. I'm fine I can buy a house tomorrow but the practical and numbers side of me don't like it. Some of you know what I do and can assume the salary that comes with it. I'm alright.
Regardless of that my point is speaking on the situation at a whole and how it affects Canada. Also given my first point I'm not the norm or even close to it which is scary.
What you get for the money sucks these days and these costs skyrocketing 10 and 20+ percent YOY is not a sustainable or affordable thing for the population. That's a problem.
People are paying 5,6,7 and up to 10x salary just for homes. That's nuts without even factoring in our high taxes. I can't even believe there are arguments on these points.
However I do understand I complain by far the most about this on the site.
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-Jeff
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#8932881 - 02/01/17 05:04 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Riskhe Business]
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Big Tasty
Post Master Supreme
Registered: 02/10/02
Posts: 19931
Loc: Toronto
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True but what they could afford was a real house with costs proportionate to wages with land that could be expanded on if needed. Now you get a box in the sky or house sharing walls on both sides with a 10'x10' spit of land in the back. Some things back then were easier, others were harder, no point in comparing. Only thing we can look at is the now, and now our behaviour/expectations/"wants & needs" are completely out of touch with reality, but society reinforces that it's "ok" to want and need more and more. WE DESERVE IT! WE WORKED FOR IT! lol
So back to the stepping stones of moving from 1st, 2nd, 3rd house to get to your forever home with the current costs.
Look at 50yrs ago. 10 grand got you a big semi in downtown.
http://www.theglobeandmail.com/real-esta...rticle33659502/
The couple paid $10,000 and assumed a small mortgage to buy the semi-detached Victorian in 1965.
Steven Atsaves of Royal LePage Grange Hall Realty listed the house with an asking price of $699,000 and a description of the property as a “renovator’s dream find.”
The asking price is low compared with the sale price of other Victorian semis on the street, he says, in recognition of the updates the house is likely to need. He figures the buyers will spend $200,000 or more to renovate.
The kitchen and bathroom are rundown and the fixtures are vintage. Radiators provide the heat. He didn’t bother with fresh paint and staging, he says, because new owners will likely gut the interior.
“It needs everything,” he says.
The first day the property arrived on the market, potential buyers were streaming through. Cowan Avenue has many stately houses that were divided into rooms and apartments in previous decades, but many of the houses have been renovated in recent years as the area has experienced a resurgence.
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#8932882 - 02/01/17 05:08 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Big Tasty]
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Riskhe Business
Provides a Great Work Environment.
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Registered: 05/17/10
Posts: 45639
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Her "forever home" ended up being a semi...how many people would "settle" for that now? Shouldn't she have moved 56 times by now to get to her "dream home" or "forever home".
meanwhile these days, dumb fucks are like:
A FUCKING SEMI? UNACCEPTABLE, I DEMAND DETACHED, 3K SQUARE FEET, YARD, PRIVACY, UNICORNS RUNNING THROUGH THE NIGHT, AND NO NUKE PILLS!!! WE DESERVE IT!!
I have no issues with moving, but people chasing "forever" and "dream" homes are out to fucking lunch. That shit doesn't exist, anything can be your dream home, just have to accept that society is fucking retarded.
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#8932963 - 02/01/17 07:29 PM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Riskhe Business]
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Denis Si
Post Master
Registered: 04/11/01
Posts: 2798
Loc: T.O.
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East York can still be had for 800-900k
200k down. I'm sure Jeff makes 150k+.
EZ PZ
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#8933150 - 02/02/17 05:36 AM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Denis Si]
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Choco 'Nuck
Proud Member of BLM
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Registered: 07/10/01
Posts: 17568
Loc: Somewhere out there
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Jeff ain't about East York though
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#8933186 - 02/02/17 07:37 AM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Denis Si]
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Riskhe Business
Provides a Great Work Environment.
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Registered: 05/17/10
Posts: 45639
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#8933187 - 02/02/17 07:38 AM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Riskhe Business]
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LNXGUY
Tougher than Logan Roy
Post Master Supreme
Registered: 08/06/00
Posts: 107829
Loc: Barrie, Ont,
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Wowzers.
_________________________
-Bill The GN would OWN you, your children and your children's children. Left foot, right foot, just keep moving!!! -Jeffrey P. Murphy
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#8933188 - 02/02/17 07:39 AM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: LNXGUY]
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Riskhe Business
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 45639
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Nothing to see here folks, just savvy Canadian real estate investors EVERYWHERE!!!! UNICORN HOUSE PICKERS. Everyone knows how to pick 'em nowadays, everyone SO SMART!!!!!!!
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#8933197 - 02/02/17 07:44 AM
Re: Brampton vs. Barrie vs. Oshawa vs. Scarborough
[Re: Riskhe Business]
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Screamin' Type-R
Post Master Supreme
Registered: 02/20/01
Posts: 47934
Loc: T.O. - Canaduh
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Her "forever home" ended up being a semi...how many people would "settle" for that now? Shouldn't she have moved 56 times by now to get to her "dream home" or "forever home".
meanwhile these days, dumb fucks are like:
A FUCKING SEMI? UNACCEPTABLE, I DEMAND DETACHED, 3K SQUARE FEET, YARD, PRIVACY, UNICORNS RUNNING THROUGH THE NIGHT, AND NO NUKE PILLS!!! WE DESERVE IT!!
I have no issues with moving, but people chasing "forever" and "dream" homes are out to fucking lunch. That shit doesn't exist, anything can be your dream home, just have to accept that society is fucking retarded.
bwuaaaahahahaahaha +1
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