$7k is about as much I'm comfortable paying a month but it's not the end of the world yet. We are building out our rental suites right now and will have that coming online by Jan or so which will give us a lot of breathing room. There's no short term impact but it does affect my bigger picture plans like retirement though.

If it hits $10k/mo though you'll see me sticking stuff into my butt on OnlyFans.

Does anyone know how this four-unit complex works if you don't have to pay strata? Who takes care of the maintenance? What about the roof change in 30 years, etc?

The fact there's no maintenance fee is really attractive. If a bigger unit was available I think this would be really good

https://www.redfin.ca/bc/vancouver/8...home/169896890

looks super spartan to me, doesnt seem inviting or homely at all. Plus its chinatown and all those fentanyl heads floating around that area.

It's 464 sqft and your bed is literally in your living room open kitchen area.

Plus I bet the unit is super hot in the summer since it is in the upper floor. I don't see any cooling available from the pictures.

looks well gated if it matters in a rougher neighbourhood
id live there if you get a single garage or it's 100k cheaper

edit: oh it's a studio not a 1 bd?

You get the cooling from lying naked on that bare concrete floor at night.

Those photo's are incredibly deceiving as to the size of the unit as well. Just look at how wide that TV has been stretched.

https://ssl.cdn-redfin.com/photo/256...710697_6_0.jpg

It's the new Vizio widescreen 72"x24"

I really like that concrete floor look. I wonder what that would be like on a day to day.
It has radiant heat, which seems like a must in the winter.

I lived in a triplex in Vancouver and the way it worked is that stuff like garbage and water bills are grouped into one and sent to the unit which was first activated then that homeowner has to divide up the bill for the other units (we did it by % of the property we each owned).

For stuff like yard maintenance the strata plan should list out what is considered each owner's property and they'd be responsible for that area. There generally is very little common property on these lots.

For stuff like fences and roofs etc it becomes a discussion with the other owners on when to do such things and who bears the costs - hopefully they all agree to go by the % of the property they own (as defined in the strata plan). There are things which each owner is still "responsible" for - the portion of the fence that resides strictly in their part of the lot is something they can change (paint/replace) on their own if they want.

My lot had some city property (lawn) that faced different parts of our homes and I ended up taking care of the portion that faced our fence which was the largest amount of lawn but my neighbours never used that part of the lawn.

Murder for your feet, unless you already wear slippers or indoor shoes or something all the time.

Are they just super abrasive? I see homes with polished concrete floors and I think they are cool.

It's hard on the body (back specifically) and on your feet and legs especially if you are standing for a bit and the cold can shock your nerves. You need something like slippers to pad the temperature and soften the strike when you walk across the concrete. It looks cool but something you'd have to be strategic about.

It's smooth, but very hard. I guess it wouldn't be any worse on your feet/legs/back than tile but it transfers heat like crazy. I'm redoing the floor in my basement atm so I'm standing on the bare concrete a lot and I find it quite unpleasant after a while.

What type of flooring are you putting in?

Vinyl plank. Partly because it's cheap, waterproof, and durable, and partly because you cut it with a box cutter so I can install it when my kids are asleep. Also I don't have to run upstairs and outside for each cut. Just score, snap, and go.

Four letters: DINK.

I think he has kids if I'm not mistaken.

Even Dinks man. 100k a year each leaves you like 4-5k after mortgage payments. After your other expenses probably leaves you like 1k to blow on fun. That's not a sweet dink life.
Either way, supa is older and has kids.

Yeah, one little monster with a $1620/mo daycare bill but I have no other debts - just the mortgage so $7k isn't murder for me at the moment (it's high enough that I better not die right now, I don't actually have quite enough life insurance now)

I knew I should've gone fixed when I bought last year. I can afford the higher monthly but I've already had to cut a lot of wants out of my life. Luckily im single and with no debts other than the mortgage.

Hopefully the nursing union can negotiate a decent wage increase this year..

They certainly have the ammo to do it. BCGEU getting pay increases for jobs that shouldn't even exist like the 3rd warehouse that liquor needs to go to before liquor stores can sell it.

What's bcgeu at right now in negotiating? 5% year 1 then 2% for year 2?

TBH, I'd hardly think the BCGEU tentative deal is all that attractive:

https://www.cbc.ca/news/canada/briti...ched-1.6574779

- 3.24 per cent increase in the first year, plus 25 cents per hour.
- 5.5-6.75 per cent increase in the second year, "based on inflation."
- 2-3 per cent increase in the third year, "based on inflation."

We have been seeing 7 - 8+ percentage inflation rate in the last little while, and while the trend appears to be slowing down, that maximum 6.75% based on inflation rate in the 2nd year of the contract is still way below the inflation rate we are seeing now. It might be the best deal that the union was able to bargain with the provincial gov, but the workers are very likely going to fall behind the inflation curve where their real wage / actual purchasing power is going down.

Has using inflation as a benchmark for wage increases worked in the past for any union?

^ Not that I’m aware of, because the assumption from the other side is that it will always go back down lol