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09-07-2022, 07:50 AM
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#23451 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
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Just in time for my child care to start. Oh well at least it’s $10 a day.
* checks notes
Oh never mind it’s $90 a day. Sweet.
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98 technoviolet M3/2/5 Quote:
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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09-07-2022, 08:12 AM
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#23452 | | I have named my kids VIC and VLS
Join Date: Oct 2001
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Have a hard time wrapping my head around this https://vancouver.citynews.ca/video/...-in-vancouver/
So the feds give a billion dollar loan to private enterprise? How is this any different than giving Bosa a loan?
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Dank memes cant melt steel beams
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09-07-2022, 08:46 AM
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#23453 | | Willing to sell body for a few minutes on RS
Join Date: Jul 2001 Location: Cloverdale
Posts: 11,574
Thanked 3,778 Times in 1,345 Posts
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Originally Posted by Acura604 | Ouch, and another increase in October and beyond potentially?
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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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09-07-2022, 09:01 AM
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#23454 | | Rs has made me the woman i am today!
Join Date: Mar 2006 Location: Vancouver
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It's hurting right now, and it'll hurt some more time when I need to renew because I'll be so behind.
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09-07-2022, 09:13 AM
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#23455 | | Rs has made me the man i am today!
Join Date: Mar 2011 Location: Vancouver
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To get a sense of how big the increase has been in the past year (since March actually) the cumulative increase in rates (3%) is an effective 20-30% increase in housing prices assuming normal sized downpayment (eg. the size of the monthly payment has increased by 20-30%). In other words housing prices need to drop more than 30% in order to improve affordability and a 30% drop in housing prices is probably really bad for the economy. We're likely to still end up in a state where housing costs more than it did a year ago.
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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
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09-07-2022, 09:21 AM
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#23456 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2005 Location: Revscene
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Remember the primary intent of the interest rate hikes is to curb inflation, not increase house affordability.
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Originally Posted by skyxx Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good! | 2010 Toyota Rav4 Limited V6 - Wifey's Daily Driver
2009 BMW 128i - Daily Driver
2007 Toyota Rav4 Sport V6 - Sold
1999 Mazda Miata - Sold
2003 Mazda Protege5 - Sold
1987 BMW 325is - Sold
1990 Mazda Miata - Sold 100% Buy and Sell Feedback | |
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09-07-2022, 09:37 AM
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#23457 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
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Originally Posted by Hondaracer | looks like bosa didn't like their name dropped, link broken now.
bosa be like 
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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
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09-07-2022, 10:11 AM
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#23458 | | RS has made me the bitter person i am today!
Join Date: Apr 2001 Location: Vancouver
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BMO is “pencilling in” a half-percentage-point increase in October, but stronger or weaker inflation data could sway that call before then, according to Benjamin Reitzes, the bank’s managing director of Canadian rates and macro strategist.
TD Bank senior economist James Orlando said in a note that the bank now expects the key policy rate to hit 4.0 per cent by the end of the year, a move which would take even more steam out of Canada’s economy.
“This implies even more growth sacrifice as the BoC attempts to achieve its goal of price stability,” he wrote. https://globalnews.ca/news/9110765/b...ate-sept-2022/ | |
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09-07-2022, 12:47 PM
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#23459 | | Need to Seek Professional Help
Join Date: Jan 2005 Location: Van
Posts: 1,048
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Price stability? lawl. We went straight up and we're going straight down with the upcoming recession. Then we'll go straight up again.
We can rely on them to overshoot in either direction.
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09-07-2022, 01:01 PM
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#23460 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
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Thanked 32,341 Times in 7,531 Posts
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| Quote:
Originally Posted by sonick Remember the primary intent of the interest rate hikes is to curb inflation, not increase house affordability. | Isn’t the point of stopping inflation to increase life affordability? Seems kinda pointless when the plan is increasing affordability of something by decreasing affordability of something else. At least burgers and gas will be cheaper for rich people I guess.
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98 technoviolet M3/2/5 Quote:
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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09-07-2022, 01:33 PM
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#23461 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2005 Location: Revscene
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Originally Posted by westopher Isn’t the point of stopping inflation to increase life affordability? Seems kinda pointless when the plan is increasing affordability of something by decreasing affordability of something else. At least burgers and gas will be cheaper for rich people I guess. | I'm not sure what is taken into account when counting inflation, but it's a lot more than just real estate.
I'm not an economist but I assume in the long term, uncontrolled inflation is more of a threat than housing prices, and so they have to make the difficult tradeoff of getting inflation under control knowing full well it threatens the housing situation of many people.
I guess that's why they had the stress test in place, they knew something like this would be coming.
__________________ Quote:
Originally Posted by skyxx Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good! | 2010 Toyota Rav4 Limited V6 - Wifey's Daily Driver
2009 BMW 128i - Daily Driver
2007 Toyota Rav4 Sport V6 - Sold
1999 Mazda Miata - Sold
2003 Mazda Protege5 - Sold
1987 BMW 325is - Sold
1990 Mazda Miata - Sold 100% Buy and Sell Feedback | |
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09-07-2022, 02:17 PM
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#23462 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2016 Location: Ricemond
Posts: 9,186
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Horey morey, a lot of Canadians who bought last year or the year before are gonna be absolutely devastated by another rate increase. Wowoowowow
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09-07-2022, 02:34 PM
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#23463 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,653
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How many of you hit trigger rate?
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09-07-2022, 03:52 PM
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#23464 | | linguistic ninja
Join Date: Aug 2001 Location: Vancouver, BC
Posts: 16,136
Thanked 3,837 Times in 1,396 Posts
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I hit "trigger" rate with the first increase  | |
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09-07-2022, 04:28 PM
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#23465 | | Rs has made me the woman i am today!
Join Date: Mar 2006 Location: Vancouver
Posts: 4,194
Thanked 3,028 Times in 1,396 Posts
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Originally Posted by Badhobz Horey morey, a lot of Canadians who bought last year or the year before are gonna be absolutely devastated by another rate increase. Wowoowowow | Ready to hang myself.
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09-07-2022, 04:36 PM
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#23466 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2016 Location: Ricemond
Posts: 9,186
Thanked 10,688 Times in 3,835 Posts
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Whatever you do, DONT SELL M4 plz
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09-07-2022, 05:24 PM
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#23467 | | in the butt
Join Date: Aug 2016
Posts: 2,851
Thanked 3,590 Times in 1,314 Posts
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Anyone follow the 10-2 yield?
Based by what history has shown us, and if the yield stays negative for another x months, there's gonna be some shit going on 12-24 months from now
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Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by mikemhg
Clothes come off and my car is permeated with the smell of fillet-o-fish and canned tuna.
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09-07-2022, 05:41 PM
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#23468 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,653
Thanked 1,973 Times in 1,042 Posts
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^^ lol the definition of recession finally kicks in?
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09-07-2022, 09:14 PM
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#23469 | | RS Veteran
Join Date: Dec 2001 Location: GTA
Posts: 29,844
Thanked 11,520 Times in 4,710 Posts
Failed 440 Times in 282 Posts
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Originally Posted by EvoFire Ready to hang myself. | Please do not do it before the Stock and Noob Meet? 
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Originally Posted by BIC_BAWS I literally do not plan on buying another vehicle in my lifetime, assuming it doesn't get written off. | | |
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09-07-2022, 09:21 PM
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#23470 | | Rs has made me the man i am today!
Join Date: Mar 2011 Location: Vancouver
Posts: 3,007
Thanked 2,847 Times in 1,222 Posts
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Originally Posted by JDMDreams How many of you hit trigger rate? | I'm just under (.04%) my trigger rate now so I'm gonna increase my payments again to get more headroom. We're definitely into the prostate exam level of comfort with this now. I know I gotta do what I gotta do but I'm not exactly excited about it.
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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
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09-08-2022, 12:20 AM
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#23471 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
Posts: 16,665
Thanked 17,352 Times in 5,806 Posts
Failed 291 Times in 187 Posts
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^gonna sell your body on Craigslist?
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09-08-2022, 06:41 AM
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#23472 | | Rs has made me the man i am today!
Join Date: Mar 2011 Location: Vancouver
Posts: 3,007
Thanked 2,847 Times in 1,222 Posts
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Originally Posted by 68style ^gonna sell your body on Craigslist? | Gonna be a camboy on OnlyFans.
__________________
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
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09-08-2022, 07:05 AM
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#23473 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
Posts: 12,625
Thanked 32,341 Times in 7,531 Posts
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I whack it for free so totally down to make an extra $80 a month for it or whatever I could get.
__________________
98 technoviolet M3/2/5 Quote:
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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09-08-2022, 07:23 AM
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#23474 | | RS has made me the bitter person i am today!
Join Date: Feb 2013 Location: Vancouver
Posts: 4,865
Thanked 7,763 Times in 2,315 Posts
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Originally Posted by westopher I whack it for free so totally down to make an extra $80 a month for it or whatever I could get. | It would only take $80/month for you?  | |
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09-08-2022, 07:45 AM
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#23475 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2016 Location: Ricemond
Posts: 9,186
Thanked 10,688 Times in 3,835 Posts
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u bro's should all join uber eats/ fan tuan and deliver food in your FANCY cars for extra $$$. id give more tips if you showed up with a m3/e30  | |
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