Condo went up 14%.
My parents place that I had to sell recently went up 38%.
Jesus Christ...
Quote from: "Angry White Male"
Condo went up 14%.
My parents place that I had to sell recently went up 38%.
Jesus Christ...
We haven't received ours yet, but I know it's down.
The typical single-family detached home in the Czuk dropped in value by 2.7 per cent and is now valued at $397000. Assessments are in the mail.
Less property taxes for you guys to pay.
Quote from: "RW"
Less property taxes for you guys to pay.
The neighbourhoods around the new Rogers Centre will see hefty increases. The rest of the city, not so much.
Property values increased by 6.6% in Barrie. We are so close to Toronto, the buying frenzy has spilled over onto us.
youse are still white, brown and yellow trash.
Quote from: "GORDY GAMBINO"
youse are still white, brown and yellow trash.
K, thanks. How does property tax work in Aus and your state in particular?
You don't need to know that bro cos this is for whiteys only
yellows girl ok but no blackys
ok son its like this council charge based on assessed rental value of ya joint right
bout 2000 bucks a year
they pick ya garbage up the cunts do
when ya buy ya joint ya pay like 20000 stamp duty that goes to the state ya live in skid
the cunts
when ya sell ya gaff mate any gain doesn't pay no0 tax on
unless it was a second home then ya pay a capital gains tax
cunty cunts
its all fucked mate
Quote from: "GORDY GAMBINO"
ok son its like this council charge based on assessed rental value of ya joint right
bout 2000 bucks a year
they pick ya garbage up the cunts do
when ya buy ya joint ya pay like 20000 stamp duty that goes to the state ya live in skid
the cunts
when ya sell ya gaff mate any gain doesn't pay no0 tax on
unless it was a second home then ya pay a capital gains tax
cunty cunts
its all fucked mate
K, I hoped for an English response, but thanks anyway. Maybe Oberon will translate for us,
yeah go tell that to white woman old man you fucken gook
Quote from: "GORDY GAMBINO"
ok son its like this council charge based on assessed rental value of ya joint right
bout 2000 bucks a year
they pick ya garbage up the cunts do
when ya buy ya joint ya pay like 20000 stamp duty that goes to the state ya live in skid
the cunts
when ya sell ya gaff mate any gain doesn't pay no0 tax on
unless it was a second home then ya pay a capital gains tax
cunty cunts
its all fucked mate
From what I can tell it seems different than our system, but perhaps someone could clarify.
The city of Winnipeg sends out yearly assessments in June.
Im a renter and I would never buy out here...Id move away and buy...friends in my area have posted on fb today theirs went up 42%...im waiting on my parents...that one is going to be a jump. The city were I am has really grown and changed...its very beautiful and has a lot to offer...I dont mind it here..in the city/burb area but would never do Van or Surrey.
youre 1 pay day check away from surrey honey
Quote from: "Berry Sweet"
Im a renter and I would never buy out here...Id move away and buy...friends in my area have posted on fb today theirs went up 42%...im waiting on my parents...that one is going to be a jump. The city were I am has really grown and changed...its very beautiful and has a lot to offer...I dont mind it here..in the city/burb area but would never do Van or Surrey.
I loved living in Van proper (41st and Main).
Quote from: "Berry Sweet"
Im a renter and I would never buy out here...Id move away and buy...friends in my area have posted on fb today theirs went up 42%...im waiting on my parents...that one is going to be a jump. The city were I am has really grown and changed...its very beautiful and has a lot to offer...I dont mind it here..in the city/burb area but would never do Van or Surrey.
:ohmy:
Isn't anyone concerned about the Van property bubble popping when the world economies take a combined tumble eventually?
Nah its all funded by Communist smuggled slitty eyed flied rice CASH ya cunt.
The septics owe heaps not the Canucks.
That's separate countrys mate.
Like India and them fucken Pakis mate those fucken smelly cunts.
Quote from: "Dinky Dianna"
Isn't anyone concerned about the Van property bubble popping when the world economies take a combined tumble eventually?
I now own outright, so it wouldn't affect me.
However, I can see a problem with people having a $600,000 mortgage on a place that all of a sudden is now worth $400,000... They may walk away. Now, I forget the details, but walking away from a mortgage has different repercussions depending on the Province. Walking away has less repercussions in Alberta, than it does where I live in BC.
Here, walking away could seriously fuck up your financial shit for a long time.
Quote from: "Angry White Male"
Quote from: "Dinky Dianna"
Isn't anyone concerned about the Van property bubble popping when the world economies take a combined tumble eventually?
I now own outright, so it wouldn't affect me.
However, I can see a problem with people having a $600,000 mortgage on a place that all of a sudden is now worth $400,000... They may walk away. Now, I forget the details, but walking away from a mortgage has different repercussions depending on the Province. Walking away has less repercussions in Alberta, than it does where I live in BC.
Here, walking away could seriously fuck up your financial shit for a long time.
That happened in Alberta about 8 years before we came to Canada. The city of Calgary was hit particularly hard. Apparently lots of houses for sale for $1.
Quote from: "Angry White Male"
Quote from: "Dinky Dianna"
Isn't anyone concerned about the Van property bubble popping when the world economies take a combined tumble eventually?
I now own outright, so it wouldn't affect me.
However, I can see a problem with people having a $600,000 mortgage on a place that all of a sudden is now worth $400,000... They may walk away. Now, I forget the details, but walking away from a mortgage has different repercussions depending on the Province. Walking away has less repercussions in Alberta, than it does where I live in BC.
Here, walking away could seriously fuck up your financial shit for a long time.
For those who have a mortgage it's worse sure but even for you it's a problem. People buy at high prices expecting continued rises in value. Losing anywhere from 20 to 80 percent of value on an outright owned already overpriced home could be the difference between poverty at old age when you need to cash in or like what happened and still is happening in the US Midwest, the inability to sell at a fraction of the value years later while employment figures never truly recover except where the government gets creative with the part time jobs and reluctant retiree figures while letting foreign investment in to buy up and sit on unoccupied dwellings.
Seems ridiculous to me for anyone to want a piece of any of that.
Quote from: "Shen Li"
Quote from: "Angry White Male"
Quote from: "Dinky Dianna"
Isn't anyone concerned about the Van property bubble popping when the world economies take a combined tumble eventually?
I now own outright, so it wouldn't affect me.
However, I can see a problem with people having a $600,000 mortgage on a place that all of a sudden is now worth $400,000... They may walk away. Now, I forget the details, but walking away from a mortgage has different repercussions depending on the Province. Walking away has less repercussions in Alberta, than it does where I live in BC.
Here, walking away could seriously fuck up your financial shit for a long time.
That happened in Alberta about 8 years before we came to Canada. The city of Calgary was hit particularly hard. Apparently lots of houses for sale for $1.
That happened about three years after we came to Canada..
My parents didn't buy a house until prices recovered, but still well below the overpriced early eighties.
Quote from: "Fashionista"
Quote from: "Shen Li"
Quote from: "Angry White Male"
Quote from: "Dinky Dianna"
Isn't anyone concerned about the Van property bubble popping when the world economies take a combined tumble eventually?
I now own outright, so it wouldn't affect me.
However, I can see a problem with people having a $600,000 mortgage on a place that all of a sudden is now worth $400,000... They may walk away. Now, I forget the details, but walking away from a mortgage has different repercussions depending on the Province. Walking away has less repercussions in Alberta, than it does where I live in BC.
Here, walking away could seriously fuck up your financial shit for a long time.
That happened in Alberta about 8 years before we came to Canada. The city of Calgary was hit particularly hard. Apparently lots of houses for sale for $1.
That happened about three years after we came to Canada..
My parents didn't buy a house until prices recovered, but still well below the overpriced early eighties.
I have met older Southern Albertans that have told me about that time. Interest rates were like 13% too.
Quote from: "Dinky Dianna"
For those who have a mortgage it's worse sure but even for you it's a problem. People buy at high prices expecting continued rises in value. Losing anywhere from 20 to 80 percent of value on an outright owned already overpriced home could be the difference between poverty at old age when you need to cash in or like what happened and still is happening in the US Midwest, the inability to sell at a fraction of the value years later while employment figures never truly recover except where the government gets creative with the part time jobs and reluctant retiree figures while letting foreign investment in to buy up and sit on unoccupied dwellings.
Seems ridiculous to me for anyone to want a piece of any of that.
Where I live is unlike most other places in Canada, or even the world.
Real estate is different here than in the rest of Canada (except maybe Toronto).
The demand here is high, in good times, and in bad.
Quote from: "Shen Li"
Quote from: "Fashionista"
Quote from: "Shen Li"
Quote from: "Angry White Male"
Quote from: "Dinky Dianna"
Isn't anyone concerned about the Van property bubble popping when the world economies take a combined tumble eventually?
I now own outright, so it wouldn't affect me.
However, I can see a problem with people having a $600,000 mortgage on a place that all of a sudden is now worth $400,000... They may walk away. Now, I forget the details, but walking away from a mortgage has different repercussions depending on the Province. Walking away has less repercussions in Alberta, than it does where I live in BC.
Here, walking away could seriously fuck up your financial shit for a long time.
That happened in Alberta about 8 years before we came to Canada. The city of Calgary was hit particularly hard. Apparently lots of houses for sale for $1.
That happened about three years after we came to Canada..
My parents didn't buy a house until prices recovered, but still well below the overpriced early eighties.
I have met older Southern Albertans that have told me about that time. Interest rates were like 13% too.
A return to high interest rates would be devastating to Canadian real estate.
Quote from: "Fashionista"
Quote from: "Shen Li"
Quote from: "Fashionista"
Quote from: "Shen Li"
Quote from: "Angry White Male"
Quote from: "Dinky Dianna"
Isn't anyone concerned about the Van property bubble popping when the world economies take a combined tumble eventually?
I now own outright, so it wouldn't affect me.
However, I can see a problem with people having a $600,000 mortgage on a place that all of a sudden is now worth $400,000... They may walk away. Now, I forget the details, but walking away from a mortgage has different repercussions depending on the Province. Walking away has less repercussions in Alberta, than it does where I live in BC.
Here, walking away could seriously fuck up your financial shit for a long time.
That happened in Alberta about 8 years before we came to Canada. The city of Calgary was hit particularly hard. Apparently lots of houses for sale for $1.
That happened about three years after we came to Canada..
My parents didn't buy a house until prices recovered, but still well below the overpriced early eighties.
I have met older Southern Albertans that have told me about that time. Interest rates were like 13% too.
A return to high interest rates would be devastating to Canadian real estate.
For the economy in general. People in this country carry too much debt.