Quote:
Originally Posted by 4444
U give them too much credit. From what I remember, the article said they had pretty shitty jobs and one had just sold their condo, so chances are no excess investments. Also the avg cdn won't have much in net assets, that's just based on numbers
And no 5% CMHC loans? Where u getting that from?
And 2/3 mortgages have CMHC insurance, again, where is that coming from? I read somewhere that it was 80%.
I don't care that they're different than me, I just know, in my heart of hearts, that ppl like this are the average sheeple, financially illiterate idiots that have allowed an irresponsible financial institution to give them an idea of getting into loads of debt with other ppl.
I like the rule "don't buy real estate with ppl u don't sleep with", that includes family, friends, it will end badly, but that story will never be in the papers
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I don't want to expose too much of her personal life, but yeah she got engaged to the guy after a few months of dating...But hey when you know, you know, right? No investments or anything, and as far as I know they were previously renting.
I just think there's a crap ton of risk, and zero upside aside from the illusion of "Oh there's four of us, that gives us a break on the cost." Maybe I shouldn't talk though, I bought my own place on my own. I'm waiting for 4444 to call me a dum dum, haha.
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THE ROCK: "What's your favorite donut?"
DETECTIVE #2: "Jelly."
THE ROCK: "Oh, you like jelly. Well, jelly's a good one. The Rock says this; write this down. When you leave here, go down to Dunkin Donuts, get the biggest jelly donut you can find!"
(crowd pops louder)
LAWLER: "Oh, no... this guy's a COP!"
THE ROCK: "Write it down. Hold that jelly donut up, SQUEEZE all the jelly out, squeeze all the-- write it down; you like writing things down-- squeeze all the jelly out, and then-- write this down, you don't want to forget this-- TURN that sumbitch sideways, and stick it STRAIGHT UP your CANDY ASS!"
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