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07-27-2021, 11:56 AM
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#18926
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OMGWTFBBQ is a common word I say everyday
Join Date: Apr 2001
Posts: 5,192
Thanked 2,782 Times in 1,241 Posts
Failed 81 Times in 54 Posts
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Variable rate mortgages also don't penalize you as much to break them compared to fixed rate mortgages. The interest rate differential calculation can be very significant t if you're forced to break a mortgage early in your fixed term.
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07-27-2021, 12:01 PM
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#18927
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Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011
Location: North vancouver
Posts: 14,251
Thanked 35,625 Times in 8,607 Posts
Failed 235 Times in 183 Posts
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I would think a rate hike should come soon from BOC due to the absurd inflation, but it certainly hinges on the rest of the worlds response to covid as well, which is getting nowhere fast. I think a year from now I’d think a little harder about it, but multiple rate hikes are going to be small and spaced out. I signed on for a variable at 1.27 about 3 months ago without hesitation.
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98 technoviolet M3/2/5
Quote:
Originally Posted by boostfever
Westopher is correct.
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Quote:
Originally Posted by fsy82
seems like you got a dick up your ass well..get that checked
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Quote:
Originally Posted by punkwax
Well.. I’d hate to be the first to say it, but Westopher is correct.
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07-27-2021, 12:02 PM
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#18928
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RS has made me the bitter person i am today!
Join Date: Mar 2011
Location: Vancouver
Posts: 4,799
Thanked 5,519 Times in 2,224 Posts
Failed 122 Times in 57 Posts
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Quote:
Originally Posted by Tapioca
Variable rate mortgages also don't penalize you as much to break them compared to fixed rate mortgages. The interest rate differential calculation can be very significant t if you're forced to break a mortgage early in your fixed term.
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Great point. it's just 3 months interest (at these rates that's dirt cheap) if you break a variable so if you have any plans at all of selling/moving during your mortgage then variable is 100% the way to go.
__________________
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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07-27-2021, 12:37 PM
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#18929
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I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 39,479
Thanked 16,089 Times in 6,561 Posts
Failed 2,165 Times in 747 Posts
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Take more money on at 1.2 for a P car? 
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Dank memes cant melt steel beams
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07-27-2021, 12:40 PM
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#18930
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Performance Moderator
Join Date: Jun 2001
Location: Richmond
Posts: 19,324
Thanked 21,298 Times in 7,255 Posts
Failed 331 Times in 220 Posts
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Quote:
Originally Posted by Hondaracer
Take more money on at 1.2 for a P car? |
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07-27-2021, 12:44 PM
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#18931
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Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011
Location: North vancouver
Posts: 14,251
Thanked 35,625 Times in 8,607 Posts
Failed 235 Times in 183 Posts
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Quote:
Originally Posted by Hondaracer
Take more money on at 1.2 for a P car? |
Fucking obviously. The only way to make real money these days certainly isn’t working for it. Own a home or have rich parents is the true path to success in Vancouver.
__________________
98 technoviolet M3/2/5
Quote:
Originally Posted by boostfever
Westopher is correct.
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Quote:
Originally Posted by fsy82
seems like you got a dick up your ass well..get that checked
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Quote:
Originally Posted by punkwax
Well.. I’d hate to be the first to say it, but Westopher is correct.
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07-27-2021, 12:48 PM
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#18932
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RS.net, helping ugly ppl have sex since 2001
Join Date: Aug 2007
Location: Paradise, BC
Posts: 8,366
Thanked 8,139 Times in 3,383 Posts
Failed 262 Times in 148 Posts
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Quote:
Originally Posted by Hondaracer
Take more money on at 1.2 for a P car? |
Honestly, if you can service the mortgage, it is definitely the thing to do because it is very unlikely that you'd be able to find a cheaper way to borrow.
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07-27-2021, 12:52 PM
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#18933
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in the butt
Join Date: Aug 2016
Posts: 3,520
Thanked 4,748 Times in 1,699 Posts
Failed 221 Times in 122 Posts
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Quote:
Originally Posted by Hondaracer
Take more money on at 1.2 for a P car? |
Thats gonna be me next year on the renew, dream car by 30 here we go, yeeeet 
__________________
Quote:
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 BIC_BAWS
Donk already looks like he's on fent
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07-27-2021, 12:54 PM
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#18934
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Orgasm Donor & Alatar owned my ass twice!
Join Date: Apr 2014
Location: Van
Posts: 6,794
Thanked 2,744 Times in 1,491 Posts
Failed 249 Times in 153 Posts
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Gotta but some gt3 and flip them 5 years down the road.
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07-27-2021, 04:47 PM
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#18935
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RS has made me the bitter person i am today!
Join Date: Mar 2011
Location: Vancouver
Posts: 4,799
Thanked 5,519 Times in 2,224 Posts
Failed 122 Times in 57 Posts
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Quote:
Originally Posted by Hondaracer
Take more money on at 1.2 for a P car? |
https://www.zealty.ca/mls-R2595024/5...CE-Burnaby-BC/
Buy this and claim the cars are part of the deal for the house.
__________________
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
Last edited by supafamous; 07-27-2021 at 08:10 PM.
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07-27-2021, 07:49 PM
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#18936
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RS.net, where our google ads make absolutely no sense!
Join Date: Jan 2007
Location: GVA
Posts: 957
Thanked 443 Times in 150 Posts
Failed 36 Times in 2 Posts
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Quote:
Originally Posted by supafamous
Buy this and claim the cars are part of the deal for the house.
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FYI (dunno if you care about it being on a public forum) Zealty reveals your email in the URL if you share links like that.
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07-27-2021, 08:10 PM
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#18937
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RS has made me the bitter person i am today!
Join Date: Mar 2011
Location: Vancouver
Posts: 4,799
Thanked 5,519 Times in 2,224 Posts
Failed 122 Times in 57 Posts
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Quote:
Originally Posted by carsncars
FYI (dunno if you care about it being on a public forum) Zealty reveals your email in the URL if you share links like that.
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Ah yeah, thanks. Fixed.
__________________
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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07-27-2021, 10:49 PM
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#18938
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Rs has made me the man i am today!
Join Date: Jan 2005
Location: North Vancouver
Posts: 3,172
Thanked 1,782 Times in 638 Posts
Failed 50 Times in 22 Posts
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Quote:
Originally Posted by carsncars
FYI (dunno if you care about it being on a public forum) Zealty reveals your email in the URL if you share links like that.
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who uses their real email for zealty? 
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07-27-2021, 11:45 PM
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#18939
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Even when im right, revscene.net is still right!
Join Date: Jan 2013
Location: Vancouver
Posts: 1,387
Thanked 640 Times in 205 Posts
Failed 103 Times in 22 Posts
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Quote:
Originally Posted by supafamous
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Sandwiched between a cementry and a church. Would you do that or live on a big street?
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07-28-2021, 06:21 AM
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#18940
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ninja edits your posts without your knowledge
Join Date: Jan 2004
Location: Vancouver
Posts: 14,997
Thanked 6,370 Times in 1,795 Posts
Failed 114 Times in 70 Posts
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Quote:
Originally Posted by Special K
Sandwiched between a cementry and a church. Would you do that or live on a big street?
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I mean at least you'll have quiet neighbours being next a cemetery.
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07-28-2021, 08:27 AM
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#18941
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RS has made me the bitter person i am today!
Join Date: Mar 2011
Location: Vancouver
Posts: 4,799
Thanked 5,519 Times in 2,224 Posts
Failed 122 Times in 57 Posts
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Quote:
Originally Posted by Special K
Sandwiched between a cementry and a church. Would you do that or live on a big street?
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At least you'll know the view will never be disturbed.
I personally don't mind living near places like cemeteries or churches but my wife sure does. I do mind when the area isn't walkable and that spot isn't walkable - I WFH now and the idea of being able to walk to a good coffee shop in the morning is very appealing (or some local lunch places). Right now I'm a 20 min walk from even a Starbucks.
But 5 car garage - a spot for each generation of Miata and a minivan yo!
__________________
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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07-28-2021, 08:40 AM
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#18942
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I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 39,479
Thanked 16,089 Times in 6,561 Posts
Failed 2,165 Times in 747 Posts
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Nothin like unfounded superstition to prevent you from changing addresses lol
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Dank memes cant melt steel beams
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07-28-2021, 10:25 AM
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#18943
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RS.net, helping ugly ppl have sex since 2001
Join Date: Aug 2007
Location: Paradise, BC
Posts: 8,366
Thanked 8,139 Times in 3,383 Posts
Failed 262 Times in 148 Posts
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Personally, I don't mind being next to a cemetery, but the reality is -- the property value increase potential as well as the marketability of the property when it eventually needs to be sold are much lower because lots of other people do not like living next to a cemetery. So these aspects of the property would make it undesirable for me to purchase it.
Being next to a church would be a bit of a pain because there'd be lots of people coming and going at different times. As primary residence, I'd want a place that is more quiet and sees less foot traffic. So again, that'll make being next to a church less desirable to me.
But hey, if the place has a 5 car garage... that would make it really, really tempting...
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07-28-2021, 10:59 AM
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#18944
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I contribute to threads in the offtopic forum
Join Date: Jun 2013
Location: Burnaby
Posts: 2,626
Thanked 3,085 Times in 838 Posts
Failed 412 Times in 112 Posts
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Quote:
Originally Posted by westopher
Fucking obviously. The only way to make real money these days certainly isn’t working for it. Own a home or have rich parents is the true path to success in Vancouver.
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I think you need at least two homes to be successful. For most people, owning one home doesn't really do much for them.
It's not like they're taking equity out of their house and investing it. Most people just have a house and that's it. Then they'll pass it down to their kids when they pass.
Also, what would you say qualifies your parents being rich? What net worth are you considered rich? $5M?
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07-28-2021, 11:23 AM
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#18945
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Even when im right, revscene.net is still right!
Join Date: Jun 2003
Location: Vancouver
Posts: 1,310
Thanked 390 Times in 164 Posts
Failed 15 Times in 6 Posts
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I started looking for another condo 2 weeks ago. Some of the condo listings have been up for 6 months. People just fishing and dropping their prices, accepting offers well under asking.
The wife went to look at this one, took just over a month to sell. Had parking for at least 4 cars. https://www.rew.ca/properties/333249...e-vancouver-bc
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07-28-2021, 11:23 AM
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#18946
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14 dolla balla aint got nothing on me!
Join Date: Sep 2005
Location: Vancouver
Posts: 647
Thanked 219 Times in 82 Posts
Failed 28 Times in 10 Posts
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Quote:
Originally Posted by PeanutButter
Also, what would you say qualifies your parents being rich? What net worth are you considered rich? $5M?
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HSBC Jade Status?
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07-28-2021, 12:20 PM
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#18947
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ninja edits your posts without your knowledge
Join Date: Jan 2004
Location: Vancouver
Posts: 14,997
Thanked 6,370 Times in 1,795 Posts
Failed 114 Times in 70 Posts
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Quote:
Originally Posted by vash13
HSBC Jade Status?
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So 1 million?
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07-28-2021, 12:58 PM
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#18948
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Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011
Location: North vancouver
Posts: 14,251
Thanked 35,625 Times in 8,607 Posts
Failed 235 Times in 183 Posts
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I’d say if you can live the life of an upper middle class person for the rest of your life without making another dollar or working another day, your rich. Obviously subjective and not a definitive way of describing it. But not having to legitimately worry about having a job and still get to do what relatively successful people do sounds pretty nice.
__________________
98 technoviolet M3/2/5
Quote:
Originally Posted by boostfever
Westopher is correct.
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Quote:
Originally Posted by fsy82
seems like you got a dick up your ass well..get that checked
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Quote:
Originally Posted by punkwax
Well.. I’d hate to be the first to say it, but Westopher is correct.
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07-28-2021, 03:57 PM
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#18949
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Orgasm Donor & Alatar owned my ass twice!
Join Date: Apr 2014
Location: Van
Posts: 6,794
Thanked 2,744 Times in 1,491 Posts
Failed 249 Times in 153 Posts
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Must be nice to look at a $2m plus townhouse as a second property  
Quote:
Originally Posted by GIZZ
I started looking for another condo 2 weeks ago. Some of the condo listings have been up for 6 months. People just fishing and dropping their prices, accepting offers well under asking.
The wife went to look at this one, took just over a month to sell. Had parking for at least 4 cars. https://www.rew.ca/properties/333249...e-vancouver-bc |
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07-28-2021, 04:00 PM
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#18950
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Orgasm Donor & Alatar owned my ass twice!
Join Date: Apr 2014
Location: Van
Posts: 6,794
Thanked 2,744 Times in 1,491 Posts
Failed 249 Times in 153 Posts
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Speaking of investment properties, any body invest in commercial property? Obviously it's way more expensive and harder to get lending from what I've heard. But it seems like you don't have to deal with all the tenancy bs, missed rent? Then you get to lock the doors and release the hounds.
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