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07-25-2019, 11:42 PM
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#14551 | | To me, there is the Internet and there is RS
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Originally Posted by westopher  What you aren’t recognizing is the entire fundamental of the creation of minimum wage was to ensure employers pay their workers a living wage that can provide basic necessities. That being shelter AND food. If you work full time, you should be able to afford to live, period. Whether you are flipping burgers, pouring shitty coffee or admin work. | The issue is minimum wage is province-wide, but the GVRD has a massively higher cost of living compared to the rest of the province. If they set it based on that a shitload of businesses in the rest of the province are fucked.
__________________ 1991 Toyota Celica GTFour RC // 2007 Toyota Rav4 V6 // 2000 Jeep Grand Cherokee
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Originally Posted by maksimizer half those dudes are hotter than ,my GF. | Quote:
Originally Posted by RevYouUp reading this thread is like waiting for goku to charge up a spirit bomb in dragon ball z | Quote:
Originally Posted by Good_KarMa OH thank god. I thought u had sex with my wife. :cry: | | 
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07-26-2019, 07:15 AM
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#14552 | | I answer every Emotion with an emoticon
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Originally Posted by twitchyzero i know my office would cease to operate if the processing staff walked out...we would be drowning with so much shit backed up
what's the point of a rockstar front desk if the backend just quits and now the clients are asking where they went and have to regain trust again? is that worth rejecting a raise and finding new talent? | My mom is a nurse and in an operation room (she was a bitch too; if the doctors was giving her shit, she would say "you're not my boss, if you got a problem with me, go talk to my union"), if nurses all walked out, surgeons wouldn't be able to operate cause they wouldn't know how to even setup the tables / access / operate various equipment. So yes, people who does processing work are highly valuable.
If someone was a rockstar at a job, he/she would be quickly noticed and most likely be promoted. One has to justify their value in order to earn an increase in salary. People who THINK they deserve and then chooses to quit as an ultimatum... well they'll learn very quickly what the issue is in the next job.
Last edited by 6793026; 07-26-2019 at 09:31 AM.
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07-26-2019, 09:01 AM
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#14553 | | Willing to sell a family member for a few minutes on RS
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Originally Posted by underscore The issue is minimum wage is province-wide, but the GVRD has a massively higher cost of living compared to the rest of the province. If they set it based on that a shitload of businesses in the rest of the province are fucked. | So change the system if it doesn't work?
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Originally Posted by boostfever Westopher is correct. | Quote:
Originally Posted by fsy82 seems like you got a dick up your ass well..get that checked | Quote:
Originally Posted by punkwax Well.. I’d hate to be the first to say it, but Westopher is correct. | | |
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07-26-2019, 09:44 AM
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#14554 | | To me, there is the Internet and there is RS
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If someone wanted to push for it I'm sure it could be done, I'm just saying it's not as easy as just bumping up the minimum wage.
__________________ 1991 Toyota Celica GTFour RC // 2007 Toyota Rav4 V6 // 2000 Jeep Grand Cherokee
1992 Toyota Celica GT-S ["sold"] \\ 2007 Jeep Grand Cherokee CRD [sold] \\ 2000 Jeep Cherokee [sold] \\ 1997 Honda Prelude [sold] \\ 1992 Jeep YJ [sold/crashed] \\ 1987 Mazda RX-7 [sold] \\ 1987 Toyota Celica GT-S [crushed] Quote:
Originally Posted by maksimizer half those dudes are hotter than ,my GF. | Quote:
Originally Posted by RevYouUp reading this thread is like waiting for goku to charge up a spirit bomb in dragon ball z | Quote:
Originally Posted by Good_KarMa OH thank god. I thought u had sex with my wife. :cry: | | |
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07-26-2019, 09:59 AM
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#14555 | | Rs has made me the woman i am today!
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bumping the min wage is all show and no substance, in fact everyone got a pay drop
look at your mcdicks combo, you can easily go over $12 without coupons... combos were $10 a couple years back
you want to raise the wages, you work on training and job creation, fuck the numbers game
__________________ There's a phallic symbol infront of my car Quote: |
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| bcrdukes yray fucked bcrdukes up the nose
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07-26-2019, 10:56 AM
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#14556 | | RS.net, helping ugly ppl have sex since 2001
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a good buddy of mine and his wife are looking to buy a condo. Both of them combined makes over 130k so they cant even get that tax break on their first home. They saved up about 200k and the bank only approved them up to 600k.
600k barely gets them a newer 2 bedroom in richmond right now. Suffice to say they are pretty mad and thats your typical vancouver household in a nutshell. Six figure income doesnt mean dick all unless youre both taking home 100k+ then maybe you can buy a run down piece of shit in east van for 1.6 million and still have enough money to live a reasonable lifestyle.
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07-26-2019, 11:30 AM
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#14557 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
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Originally Posted by Badhobz a good buddy of mine and his wife are looking to buy a condo. Both of them combined makes over 130k so they cant even get that tax break on their first home. They saved up about 200k and the bank only approved them up to 600k.
600k barely gets them a newer 2 bedroom in richmond right now. Suffice to say they are pretty mad and thats your typical vancouver household in a nutshell. Six figure income doesnt mean dick all unless youre both taking home 100k+ then maybe you can buy a run down piece of shit in east van for 1.6 million and still have enough money to live a reasonable lifestyle. | I think more people starting homes is going to be apartment or a townhouse if they are afford one. That's just the reality. Maybe they can consider other area? Coq have have some nice 2 bedroom apartment that's around or less than 600k , Surrey as well, Detla maybe? But if your friend just use 100k from their savings and get that 600k mortgage they can get a 700k place. 700k they might be able to get an older townhome in Detla?
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07-26-2019, 11:39 AM
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#14558 | | 2013, 2016, 2017 & 2018 NHL Fantasy RS1 Champion
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07-26-2019, 11:42 AM
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#14559 | | My AFC gave me an ABS CEL code of LOL while at WOT!
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Originally Posted by Badhobz a good buddy of mine and his wife are looking to buy a condo. Both of them combined makes over 130k so they cant even get that tax break on their first home. They saved up about 200k and the bank only approved them up to 600k.
600k barely gets them a newer 2 bedroom in richmond right now. Suffice to say they are pretty mad and thats your typical vancouver household in a nutshell. Six figure income doesnt mean dick all unless youre both taking home 100k+ then maybe you can buy a run down piece of shit in east van for 1.6 million and still have enough money to live a reasonable lifestyle. | Sorry maybe I read it wrong, they saved up 200k as downpayment and the bank approved them of a loan of 600k which means they can buy a place for 800k or the bank only approve a loan of 400k plus their 200k equaling a place for 600k total?
Do they also have car payments they have to make?
Credit card bills?
Other loans and finances that they owe?
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07-26-2019, 12:13 PM
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#14560 | | RS.net, helping ugly ppl have sex since 2001
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i screwed up, the bank is only willing to lend them 400k. Their max ceiling is 600k (including 200k of their own money).
They refuse to move to outlier neighborhoods because of commute. No other bills that i know of.
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07-26-2019, 12:15 PM
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#14561 | | RS.net, helping ugly ppl have sex since 2001
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Originally Posted by HonestTea | yeah they are a wee bit over that mark.
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There are a few qualifiers to apply for this incentive:
you need to have the minimum down payment to be eligible
your maximum qualifying income is no more than $120,000
your total borrowing is limited to 4 times the qualifying income
If you meet these criteria, you can then apply for a 5% or 10% shared equity mortgage with the Government of Canada. A shared equity mortgage is where the government shares in the upside and downside of the property value.
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07-26-2019, 12:26 PM
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#14562 | | I subscribe to the Fight Club ONLY
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Originally Posted by Badhobz i screwed up, the bank is only willing to lend them 400k. Their max ceiling is 600k (including 200k of their own money).
They refuse to move to outlier neighborhoods because of commute. No other bills that i know of. | Holy crap what the heck? How is that even possible?
In the Jan/Feb 2018 time frame after the new mortgage stress test requirement was introduced, I was approved by different A lenders for amounts ranging between $300k+ to $400k, and my household income is nowhere close to $130k. In fact, it isn't even anywhere close to $100k. 
Last edited by Traum; 07-26-2019 at 12:55 PM.
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07-26-2019, 12:54 PM
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#14563 | | I contribute to threads in the offtopic forum
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Banks are hesitant to lend these days without CMHC insurance, I can get a lower rate on a bigger mortgage so long as I stay below the 20% down threshold applicable to CMHC.
If I'm buying a condo worth 1M my bank is not interested if I go 200K down and mortgage 800K, however...they are interested if I go 150K down and mortgage 850K.
My bank was also willing to do 400K down and 600K mortgage, essentially saying that without CMHC insurance they wanted a "safety buffer" of 40%.
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Originally Posted by jasonturbo Follow me on Instagram @jasonturtle if you want to feel better about your life | | |
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07-26-2019, 01:30 PM
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#14564 | | I WANT MY 10 YEARS BACK FROM RS.net!
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Originally Posted by dachinesedude not sure which field you are in but sales, janitors, and CSR's do not and should not have the same salaries
also, raises should be based on performance, dont expect a 28% raise for achieving the minimum requirements of your position | equal as in every member brings something important, not equal in salary
but they should be able to negotiation a raise as well as another role
saying you're 'just an admin' is a shitty attitude and not where i want to work (if i was in admin)
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07-26-2019, 01:39 PM
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#14565 | | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007 Location: Vancouver BC
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Originally Posted by 6793026 One has to justify their value in order to earn an increase in salary. People who THINK they deserve and then chooses to quit as an ultimatum... well they'll learn very quickly what the issue is in the next job. | i was bringing in more revenue because fees went up, why would my rate not raise as well?
employer hesitated on a raise, their loss, i left and found another job 3 days later
still at it a year later making 12% more :shrugs:
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07-26-2019, 01:54 PM
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#14566 | | Willing to sell body for a few minutes on RS
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Originally Posted by 6793026
If you ask hourly earning wages employess, I have never seen one successfully asking for a 20+% raised.
| I did it last year January but I feel I was underpaid to begin with, waiting until this January and if my Xmas bonus isn't where I think it should be I'm going for more. I had a very productive year, every year I've gotten more productive ie: projects I've been involved with all coming in under budget and my volume this year is more than double the previous two years.
I want to be paid accordingly.
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“The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I don´t care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. That´s how winning is done. Now, if you know what you worth, go out and get what you worth.” - Rocky Balboa | |
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07-26-2019, 01:54 PM
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#14567 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
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Originally Posted by Badhobz i screwed up, the bank is only willing to lend them 400k. Their max ceiling is 600k (including 200k of their own money).
They refuse to move to outlier neighborhoods because of commute. No other bills that i know of. | Then the max they can afford is going to be around 570k since you need to leave some room for lawyers, move in fees, reno..... they should also get an agent that will split the commission with them so they can get some money back
Most of the apartment in Richmond around 570 to 580k range is going to be aorund late 1990 like 1999. They might have higher strata fees and need a reno and make sure the building is build using the new building code. The good thing about these older building is that each unit is much much bigger.
Looking at Coq he would an apartment that's smaller 800sq ft+ to 900) but it will be around 7 to 10 years build.
Last edited by Mr.HappySilp; 07-26-2019 at 02:06 PM.
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07-26-2019, 01:58 PM
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#14568 | | RS.net, helping ugly ppl have sex since 2001
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Yeah tell me about it. It's the wife. My broski is fine even moving to walley but his wife is snobby (like my wife!!)
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07-26-2019, 02:12 PM
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#14569 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
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^^ I move from Burnaby (across from Metrotown) To Coquitlam (around Coq center) the move is not so bad. There are less local traffic, parks, rec center, swimming pool, malls, several grocery store nearby, decent restaurant all within walking distance. Not to mention people seems more friendly. Also two new bubble tea place just open Xing Fu Tang and YiFang within 5 min walk, there is also sonwy village. Wifey and I hardly go to Burnaby/Vancouver now let alone Richmond.
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07-26-2019, 02:17 PM
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#14570 | | RS.net, helping ugly ppl have sex since 2001
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| https://business.financialpost.com/r...e-protests/amp
How much do you think this will impact Vancouver ? Not even sure what kind of properties HKers are looking at here. Mcmasions or luxury condos.
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07-26-2019, 02:27 PM
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#14571 | | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Nov 2006 Location: vancouver
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Originally Posted by Badhobz i screwed up, the bank is only willing to lend them 400k. Their max ceiling is 600k (including 200k of their own money).
They refuse to move to outlier neighborhoods because of commute. No other bills that i know of. | I see, quick search yield some decent results https://www.rew.ca/properties/R23891...roperty_search
Pros, Central, 2 bed, 2 bath, 800+ sq ft, still under 10 yrs old
Cons, under flight path, slightly high strata fee but includes a pool etc, 1 parking spot
Another thing is they might want to try asking another bank or even a broker, my friend recently purchased a place at 670k and they put 20% down with a combined income of 135k
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07-26-2019, 02:38 PM
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#14572 | | I subscribe to the Fight Club ONLY
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Originally Posted by Badhobz | As stated in the news article, whether anything pans out for the RE market depends entirely on how the HK situation plays out. If it fizzles out just like the Umbrella Revolution did in 2014, the money and people outflow from Hong Kong will be slower. If the PLA moves in, even if there is minimal bloodshed, Hong Kongers will leave far more quickly.
Every single one of my Hong Kong friends that have "returned" to Vancouver have children under 10 yrs old. The vast majority of them have moved into some sort of town home, although some are living in condos / apartments. Absolutely nobody went to buy a house, even if they can easily afford it. Extrapolating from that, I think it is pretty safe to expect that there wouldn't be a huge appetite from the Hong Kong money to purchase detached homes if it is meant for their own eventual residential purposes.
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07-26-2019, 04:21 PM
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#14573 | | RS.net, where our google ads make absolutely no sense!
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Originally Posted by Badhobz i screwed up, the bank is only willing to lend them 400k. Their max ceiling is 600k (including 200k of their own money).
They refuse to move to outlier neighborhoods because of commute. No other bills that i know of. | There must be more to this story because if their income is 130k they are more than qualified to borrow 400k assuming they have 100k down. I make far less than that and I was able to qualify for a 400k+ loan by myself with 100k down. I tried plugging in their income into various mortgage calculators online and they can easily get > 600k. https://www.bmo.com/main/personal/mo...affordability/
using the BMO one which still calculates using the old stress test rate of 5.34 they qualify for 722k home price with 200k down, 130k income, and i estimated 350$ and 150$ monthly strata and property tax
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07-26-2019, 07:29 PM
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#14574 | | I answer every Emotion with an emoticon
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Originally Posted by Badhobz Both of them combined makes over 130k so they cant even get that tax break on their first home. They saved up about 200k and the bank only approved them up to 600k.
600k barely gets them a newer 2 bedroom in richmond right now. Suffice to say they are pretty mad and thats your typical vancouver household in a nutshell. Six figure income doesnt mean dick all unless youre both taking home 100k+ then maybe you can buy a run down piece of shit in east van for 1.6 million and still have enough money to live a reasonable lifestyle. | Nothing against you, just trying to figure out the math.
Regardless.
1) Want NEW apartment.
2) unwilling to move to a different area.
Something has to give.
Banks are has to be a conservative loan business(as they are not charity), and seriously, COMBINED income is 130k. 65k a yr per person is only $32.5 / hr, not minimum wage, but definitely not worthy to be owning a house in GVRD.
It's not about how much you put down anymore (unless 50% down and above), it's how much your income and able to pay back.
Nothing to be mad about, more like.. YO, scale down ur expectations. *side now, no idea how you can come up with 200k down payment, props if both of them saved via their lifestyle.
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07-26-2019, 08:29 PM
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#14575 | | I have named my kids VIC and VLS
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Opt for a 500 sq ft shitbox new build with dog piss in the elevators over a 900 sq ft unit in a 15 year old building to save face, lulz
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