| Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum. |
 | | 
09-26-2024, 04:39 PM
|
#33251 | | linguistic ninja
Join Date: Aug 2001 Location: Vancouver, BC
Posts: 16,131
Thanked 3,836 Times in 1,395 Posts
Failed 141 Times in 80 Posts
|
Charging interest is illegal in Islam (and theologically, for Christians and Jews too)
So you get a mortgage that is interest free, but instead you pay "fees" OR the bank buys the property and "rents" it back to you on a set payment plan until you pay it off.
It's basically a mortgage with different steps. Same thing can be applied to other loans as well. In Malaysia, there's a whole parallel banking sector called "Islamic Banking" that operates on these principles. But 60% of people there are Muslim vs what... 3% in Canada? Bottom line is people just come up with whatever idiotic rules and workarounds to appease their imaginary sky man rules. In the end The Man still gets paid.
Last edited by CivicBlues; 09-26-2024 at 04:45 PM.
| 
|  | |
09-26-2024, 05:03 PM
|
#33252 | | I answer every Emotion with an emoticon
Join Date: Nov 2002 Location: 604
Posts: 7,957
Thanked 4,409 Times in 2,120 Posts
Failed 296 Times in 140 Posts
|
^ it's an 'interest free' mortgage. In the Muslim holy book, they are not to charge one another interest for borrowing money. However, they have devised loops around it so that it is not a 'mortgage' but it is a mortgage. It really is just a loop hole and semantics ... quite humourous.
One way to do it is that Company A buys the house you want to in cash and you pay Company A monthly amount of rent. It becomes a 'rent to own' arrangement.
| 
| | |
09-26-2024, 07:02 PM
|
#33253 | | RabidMod
Join Date: Aug 2003 Location: Toronto
Posts: 6,364
Thanked 1,504 Times in 531 Posts
Failed 112 Times in 32 Posts
|
I'm kind of disappointed that it didn't turn out to be something in the vein of Badhobz's casual racism 
__________________
--- | |
| | |
09-26-2024, 08:28 PM
|
#33254 | | RS Veteran
Join Date: Dec 2001 Location: GTA
Posts: 29,827
Thanked 11,504 Times in 4,702 Posts
Failed 436 Times in 279 Posts
|
Just wait for it.
__________________ Quote:
Originally Posted by BIC_BAWS  I literally do not plan on buying another vehicle in my lifetime, assuming it doesn't get written off. | | |
| | |
09-26-2024, 08:30 PM
|
#33255 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2016 Location: Ricemond
Posts: 9,137
Thanked 10,648 Times in 3,813 Posts
Failed 477 Times in 241 Posts
| Quote:
Originally Posted by RabidRat I'm kind of disappointed that it didn't turn out to be something in the vein of Badhobz's casual racism | Yeah….aren't they suppose to blow up your house or something ?!
| |
| | |
09-26-2024, 08:38 PM
|
#33256 | | RS Veteran
Join Date: Dec 2001 Location: GTA
Posts: 29,827
Thanked 11,504 Times in 4,702 Posts
Failed 436 Times in 279 Posts
|
Badhobz delivers. 
__________________ Quote:
Originally Posted by BIC_BAWS I literally do not plan on buying another vehicle in my lifetime, assuming it doesn't get written off. | | |
| | |
09-27-2024, 08:46 AM
|
#33257 | | linguistic ninja
Join Date: Aug 2001 Location: Vancouver, BC
Posts: 16,131
Thanked 3,836 Times in 1,395 Posts
Failed 141 Times in 80 Posts
|
Every mortgage comes with a free goat....wait nevermind!
| |
| | |
09-27-2024, 09:34 AM
|
#33258 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,637
Thanked 1,971 Times in 1,041 Posts
Failed 206 Times in 125 Posts
|
You get cash back paid out in virgins   | |
| | |
09-27-2024, 10:51 AM
|
#33259 | | RS Veteran
Join Date: Dec 2001 Location: GTA
Posts: 29,827
Thanked 11,504 Times in 4,702 Posts
Failed 436 Times in 279 Posts
|
Badhobz = JDMDreams???
Is this your alter ego? 
__________________ Quote:
Originally Posted by BIC_BAWS I literally do not plan on buying another vehicle in my lifetime, assuming it doesn't get written off. | | |
| | |
09-27-2024, 11:23 AM
|
#33260 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,869
Thanked 2,578 Times in 992 Posts
Failed 253 Times in 72 Posts
| Quote:
Originally Posted by bcrdukes Badhobz = JDMDreams???
Is this your alter ego? | Plausible but JDMDreams is too inconsistent, thinks about buying a $30-50K car but could buy 5 parking spots.
Badhobz place probably fits 10 cars
__________________
2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
| |
| | |
09-27-2024, 11:53 AM
|
#33261 | | RS Veteran
Join Date: Dec 2001 Location: GTA
Posts: 29,827
Thanked 11,504 Times in 4,702 Posts
Failed 436 Times in 279 Posts
|
That's the thing. JDMDreams is like Badhobz ghetto East Van personality.
Badhobz is just Badhobz when he's baller AF. 
__________________ Quote:
Originally Posted by BIC_BAWS I literally do not plan on buying another vehicle in my lifetime, assuming it doesn't get written off. | | |
| | |
09-27-2024, 12:23 PM
|
#33262 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2016 Location: Ricemond
Posts: 9,137
Thanked 10,648 Times in 3,813 Posts
Failed 477 Times in 241 Posts
|
I’m a ghetto fucker. Come steal my parking spot at KFC and I’ll deck you
| |
| | |
09-27-2024, 12:27 PM
|
#33263 | | RS Veteran
Join Date: Dec 2001 Location: GTA
Posts: 29,827
Thanked 11,504 Times in 4,702 Posts
Failed 436 Times in 279 Posts
|
Speak of the devil himself. 
__________________ Quote:
Originally Posted by BIC_BAWS I literally do not plan on buying another vehicle in my lifetime, assuming it doesn't get written off. | | |
| | |
09-27-2024, 12:35 PM
|
#33264 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,665
Thanked 760 Times in 383 Posts
Failed 150 Times in 49 Posts
|
what are you guys seeing for rates these days?
thoughts on rates after the oct and dec meetings?
| |
| | |
09-27-2024, 12:43 PM
|
#33265 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,637
Thanked 1,971 Times in 1,041 Posts
Failed 206 Times in 125 Posts
|
Depends how much you borrow but 4.2% 3 y fixed. It is a small amount then 4.5% it's probably at least gonna drop min 0.5% to 0.75% by year end
| |
| | |
09-27-2024, 01:08 PM
|
#33266 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,665
Thanked 760 Times in 383 Posts
Failed 150 Times in 49 Posts
|
well at the rate i'm going for houses i'm looking at it's going to be close to a million dollar mortgage
does it make it better if you go over the million dollar mark to get a better rate?
need to run the numbers but why not take the extra amount and invest if you can get a better rate?
| |
| | |
09-27-2024, 01:09 PM
|
#33267 | | Rs has made me the man i am today!
Join Date: Mar 2011 Location: Vancouver
Posts: 3,002
Thanked 2,844 Times in 1,220 Posts
Failed 62 Times in 24 Posts
| Quote:
Originally Posted by blkgsr what are you guys seeing for rates these days?
thoughts on rates after the oct and dec meetings? | On one hand economic data (GDP growth, unemployment, inflation with housing removed) says we're on the precipice of a recession and we should cut faster.
On the other hand Tiff and the BOC have been late to the party on every rate increase/decrease so far which means they won't cut fast enough.
It's been clearly telegraphed that we should expect more cuts so at a minimum it's two 25bps cuts coming. It's a matter of whether Tiff puts on his big boy pants does a 50bps plus a 25bps cut this year. The betting markets are favouring the second scenario very slightly right now.
__________________
Current: 2019 Acura RDX
Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5
| |
| | |
09-27-2024, 01:36 PM
|
#33268 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2010 Location: Vancouver
Posts: 9,330
Thanked 3,670 Times in 1,794 Posts
Failed 693 Times in 217 Posts
|
Your thoughts about Eby's promise of factory-built homes? https://vancouver.citynews.ca/2024/0...ction-promise/
BC NDP Leader David Eby kicked off the weekend with Friday’s first campaign promise, weeks ahead of the Oct. 19 election.
Eby says, that if his party is re-elected to government, they’ll work to fast-track B.C.’s factory-built home construction sector.
He says cutting red tape and streamlining regulations should make it easier for people to buy a home.
“By growing B.C.’s own factory-built home construction industry, everyone from multi-generational families to municipalities will be able to quickly build single homes, duplexes, and triplexes on land they already own,” Eby said.
Eby made the announcement at ORCA, a Vancouver Island-based company specializing in “precision-crafted” home construction.
The party says 10 manufacturing plants are in B.C. already, and many have the capacity to expand. It says the construction of “state-of-the-art” homes can take as little as 12 weeks.
The NDP platform includes promises of “reducing red tape and letting the industry get on with the job,” by creating a province-wide framework to “put every municipality on the same playing field;” approving “ready-to-use” designs to reduce the permitting process; and investing in necessary skill training for home construction.
“By acting now, we will position B.C. as Canada’s factory-built home construction leader, opening the door to exporting homes to Western Canada and the Western States,” the party said.
The BC NDP claims factory-built homes cut waste by 70 per cent and reduce harmful emissions by 43 per cent.
__________________
Go Canucks go!
| |
| | |
09-27-2024, 01:56 PM
|
#33269 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,238
Thanked 4,798 Times in 1,620 Posts
Failed 165 Times in 63 Posts
| Quote:
Originally Posted by blkgsr well at the rate i'm going for houses i'm looking at it's going to be close to a million dollar mortgage
does it make it better if you go over the million dollar mark to get a better rate?
need to run the numbers but why not take the extra amount and invest if you can get a better rate? | I don't remember what it was, but I remember getting screwed. I purchased my place for $1,036,000 in 2020. But we we're over the $1M limit for some kind of thing. I remember wishing we paid 37K in cash lol.
Sent from my SM-G781W using Tapatalk
__________________
|| 18 FK8 | R-18692 | Rallye Red | 6 MT ||
|| SOLD 97 E36 M3 Sedan | Arctic Silver | 5MT ||
|| RIP 02 E46 330ci | Schwartz Black II | 5MT | M-Tech II | Black Cube | Shadowline | Stoff Laser/Anthrazit ||
|| RIP 02 E46 M3 | Carbon Black | 6MT ||
| |
| | |
09-27-2024, 02:15 PM
|
#33270 | | Willing to sell body for a few minutes on RS
Join Date: Mar 2002 Location: Victoria
Posts: 10,573
Thanked 5,014 Times in 1,850 Posts
Failed 185 Times in 100 Posts
| Quote:
Originally Posted by pastarocket Your thoughts about Eby's promise of factory-built homes?
Eby made the announcement at ORCA, a Vancouver Island-based company specializing in “precision-crafted” home construction.
The party says 10 manufacturing plants are in B.C. already, and many have the capacity to expand. It says the construction of “state-of-the-art” homes can take as little as 12 weeks. | Just trailer homes by another name.
__________________
1968 Mustang Coupe
2008.5 Mazdaspeed 3
1997 GMC Sonoma ZR2
2014 F150 5.0L XTR 4x4
A vehicle for all occasions
| |
| | |
09-27-2024, 02:30 PM
|
#33271 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,686
Thanked 15,046 Times in 6,010 Posts
Failed 2,068 Times in 693 Posts
|
Regardless of how you build a home, and how much “red tape” they think they can cut. The VAST majority of delays are caused by municipal beaucracy nothing to do with the provincial level.
All these promises made by the NDP are moot because they never consult the municipalities, nor services like hydro etc. they just make these promises, pat themselves on the back, and forget about it.
Everything that has some down in the last 2-3 years has done nothing to alleviate delays in Vancouver.
__________________
Dank memes cant melt steel beams
| |
| | |
09-27-2024, 02:32 PM
|
#33272 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,869
Thanked 2,578 Times in 992 Posts
Failed 253 Times in 72 Posts
| Quote:
Originally Posted by blkgsr what are you guys seeing for rates these days?
thoughts on rates after the oct and dec meetings? | Quoted 4.1% renewal 3-year at scotia this morning. Speculation 3.89 at CIBC
__________________
2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
| |
| | |
09-27-2024, 02:56 PM
|
#33273 | | Willing to sell body for a few minutes on RS
Join Date: Mar 2002 Location: Victoria
Posts: 10,573
Thanked 5,014 Times in 1,850 Posts
Failed 185 Times in 100 Posts
| Quote:
Originally Posted by Hondaracer Regardless of how you build a home, and how much “red tape” they think they can cut. The VAST majority of delays are caused by municipal beaucracy nothing to do with the provincial level.
All these promises made by the NDP are moot because they never consult the municipalities, nor services like hydro etc. they just make these promises, pat themselves on the back, and forget about it.
Everything that has some down in the last 2-3 years has done nothing to alleviate delays in Vancouver. | The whole purpose of the SSMUH (Small Scale Multi Unit Housing) is it forced the municipalities to pre-approve these zonings and these pre-approved housing designs. The municipalites no longer have the ability to hold up this process whatsoever.
That being said, as soon as the first of these quadplexes shows up on my street I'm getting the fuck out of here.
__________________
1968 Mustang Coupe
2008.5 Mazdaspeed 3
1997 GMC Sonoma ZR2
2014 F150 5.0L XTR 4x4
A vehicle for all occasions
Last edited by Great68; 09-27-2024 at 03:03 PM.
| |
| | |
09-27-2024, 03:37 PM
|
#33274 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
Posts: 10,124
Thanked 6,005 Times in 2,603 Posts
Failed 104 Times in 66 Posts
| Quote:
Originally Posted by Badhobz I’m a ghetto fucker. |  
__________________ Feedback
http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner
1 rat shit ruins the whole congee
originalhypa
You cannot live the life of a whore and expect a monument to your chastity | Quote:
[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
[17-09, 12:07]FastAnna glowjob
[17-09, 12:08]FastAnna I like dat
| | |
| | |
09-27-2024, 04:41 PM
|
#33275 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Jan 2005 Location: Vancouver
Posts: 9,550
Thanked 3,595 Times in 1,210 Posts
Failed 236 Times in 60 Posts
| Quote:
Originally Posted by Great68 The whole purpose of the SSMUH (Small Scale Multi Unit Housing) is it forced the municipalities to pre-approve these zonings and these pre-approved housing designs. The municipalites no longer have the ability to hold up this process whatsoever.
That being said, as soon as the first of these quadplexes shows up on my street I'm getting the fuck out of here. | Yup
Good example is Duke Street at Earles in Vancouver
What was once a small residential sheet is now shoe horned with low rises and townhouses. There's a house there that's refusing a buy out, now it sits sandwiched between two low rises
__________________ Quote:
Originally Posted by The_AK Or you meet some girl at the club, cum inside of her, find out shes only in grade 12, so you buy a Prada bag for her to make things right, she finds out the bag is a fake and decides to have the kid | Quote:
Originally Posted by RX_Renesis wtf did she get some bolt-on titties or what?
they look sooooooooooo much bigger than they were 2ish years ago. | Quote:
Originally Posted by nns I can't stand the sound of Mandarin either. Boo yow nee bey nee shing bo now noong gey shee mayo mayo mayo mayo mayo mayo mayo. | | |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 01:56 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
