Hehe does

Not renouncing citizenship… but also probably not coming back to live again.

According to that wealth calculator on the last page I’m within the top 98% for my age, and the top 96%+- overall…

Yet I chose the $5.99 cheese block over the 8.99 premium cheese yesterday feeling it was the best choice :pokerface:

What industry are you in? Some industries are like that now, sales, tech, even accounting.

Once upon a time they write off the student loans after 10 or was it 15 years. They got rid of that.

The stocks and bonus thing was starting to happen in Vancouver until the market took a dump from the end of QE and rates increasing. There's been a few high profile layoffs in North America and many companies have froze hiring altogether.

Amazon was getting outbid for talent(their shitty reputation may have something to do with it) and they nearly doubled their salary bands late last year - a L5 went from 180k max base pay to 350k max. Sure you aren't getting max base pay right awhile but it was showing the market trends. We were expecting the gravy train to continue and hit 200k+ next year for under 10 yr exp, but it looks like I may be staying at my current rate for the next 18 months.

There are still plenty of companies hiring, but the competition isn't as fierce as last year. WFH for all has opened up the market on both sides as there's a bigger talent pool to choose from and also more companies to pick from as well.

Some of those recruiters and hiring processes are just retarded. Not wonder why some managers complain they couldn't find anyone. I talked with a hiring manager who told me good luck and cut things off because I asked about compensation.

https://www.zealty.ca/mls-R2696561/3...-Vancouver-BC/

Flat roof? Check
Questionable siding colour? Check
Sub par styling on a $4m home? I'm gonna say check.

https://cdnparap130.paragonrels.com/.../262718188.JPG

Let's get back on topic boys.

This was the first year I chose that $8.99 grass-fed butter over the $4.99 unsalted no-name. Or the $20 Rib-eye over the $6-8 NY striploin :lawl:

Peep income by age, I'd add $10 - 15,000 for inflation, since numbers on 2016.
https://www12.statcan.gc.ca/census-r.../index-eng.cfm

Recruiter: Hi, are you free to hop on a call to discuss "Role A"?
Me: Sure
Recruiter: Why are you looking to job hop after 1 year at your job?
Me: You reached out to me?

To be fair, successful recruiters are raking in the cash, so I'm just a number to them.

https://www.zealty.ca/mls-R2696018/4...-Vancouver-BC/

$7.2m and it's got a single garage that measures less than 11' wide.

Call me shallow or whatever, but I like it. The single garage with laneway for a 7.3m house is dumb though.

Other than the garage part I like it as well. It's pretty restrained, lots of light, thoughtful for the most part. It's near Kerrisdale which is where I'd live if I was rich.

The garage makes no sense though - the lot is big enough to allow for a laneway (the office/guest suite design is great) AND a nice sized single garage spot. Or just give me a triple so I can park the Cayenne, 911, and Miata.

Is that your dream garage? Sounds awfully similar to my dream garage. Unfortunately I need to make do with the next level down right now (can't afford p cars)

More dream than reality, a 911 or a 718 is in the future somewhere but will see how things shake out. No room for a Miata but I'd love to have something for silly summer fun so much.

Anyone here have a lift in their house? Or yall pilgrims?

I remember driving up heritage mtn a few years ago, this dude had his Miata on a lift, In his house.
Me, driving a 92 shitbox civic SI at the time, was mind blown, and made that my goal as an adult

Ps, I still don't have a lift, or a house
:joy::okay:

I do, but mainly on the commercial side of things.

But do AMA as many things overlap really.

The way I see this question would be more like winning a lottery. Would you take it all at once or on a 25yr installment?

It's generally best to just take it out all at once and do something with the money and forgo the future earning potential (in US-Style lottery winning, you get the full amount if taken the installments).

YVR's rent rate, although the highest in the country, is shitty against other places. A 1BR give you what? ~1400CAD net after all the strata, insurance... etc. Then CRA would take another piece. You'd be lucky if you are left with 1000CAD or 12000 a year.

And I think there are places with far less risk and better ROI.

Say a small size retail property in small cities in US can be had for less than 1M USD, which is ~1.3M CAD today. This is a property that pays easily 5-6% cap rate and even after US income taxes and whatever should still give you a good 4%+ or 40k USD per year net. That's before any potential future increase in values and rent would adjust to inflation.

And 40k USD a year should provide a regular living in most places around the world. Not luxury... but shouldn't be too bad either.

Does US commercial properties require you to pay for strata + property tax like in Canada?

Freehold and NNN bro... No strata and property tax is paid by tenant.

^ And if the property is currently on a gross lease, you turn it into triple net on lease renewal of your newly acquired tenants

Resulting in more income
Resulting in increased property value

https://m.media-amazon.com/images/I/..._AC_SX355_.jpg

Most commercial leases are either NN or NNN, I've yet to see anything that's not. There are some short-term lenses that don't do that, but it's essentially the same as their lease rate would be very high.

No Nut November?

It's a nice house and the value is in the larger than average lot in the City of Vancouver. The buyer for this house is likely an EV owner with a stable of high-end road bikes.

Sometimes I wonder why a site with car enthusiasts is so obsessed about owning a suburban-style house in the City of Vancouver, which is only going to become more dense and less vehicle dependent going forward. The Vancouver that existed in the 80s and the early 1990s, where everyone drove their shitbox Civics, Integras, and Corollas to school and to the Big Bamboo and Richards on Richards is gone. All of these people on RS with their M and P-cars with 500+ HP, go from stoplight to stoplight in the City of Vancouver...

Possibly the most unintelligent and true post you’ve ever made. I still don’t get how a car enthusiast would want to live in Vancouver unless they owned a Tesla…

Saying that, does anyone know how to build a batcave under their 33’ lot house? That Langley house posted a few pages back is looking pretty nice.

can you explain this one a little more?

if i sell my house and move overseas i have to pay tax? i must have misunderstood

Who do you use for your mortgage/loans in USA? It seems like, at least for residential, getting a mortgage as a foreigner to the USA is pretty difficult or costly... a heft % more required for downpayment or much higher interest rate or combination of both? Even up here requirements for commercial are way more stringent than residential where the mortgage is concerned.

Anyone that seems to do it from Canada is doing both... and the USA side I can understand lenders down there don't want to deal with most of us because they don't have much on us if we were default.

Damn...

Looking at this aerial (drone?) photo, I can't help but think how these 4 houses should really have stayed as 2 lots with just 2 bigger houses, with a lot more space inbetween. Kitsilano / W. Point Grey is a nice neighbourhood, and this is a nice house (minus the flat roof). But at $5M for a 33 ft frontage home?

Damn...

https://cdn.realtor.ca/listing/TS637...2696561_35.jpg

Because some of us like cars but don’t make it our entire identity. Vancouver has things that other places don’t offer like proximity to Whistler, music, arts, food, ocean, etc that you can’t get anywhere else in canada. We’d still like to be able to enjoy multiple interests.

Haha, good one.

Like nostalgia hits hard... And I know the Vancouver postal code means a lot, deep down, to a lot of people. The suburbs scare certain people, I guess.

If you need to be close to an office downtown, then I can see the desire to live in Vancouver proper. Vancouver's bike infrastructure is pretty damn good - might as well spend a few G's on a road bike and gear and get your thrills that way rather than complaining about city politicians not wanting to make decisions that return Vancouver to the sleepy town it was in the 1980s.