快樂牛郎

Do you even know how much CHMC is insuring?  Who is paying for those HUGE debt if there is really a bubble and go busted?  How many people is living on pay cheque to pay cheque?
MSN04 發表於 2010/9/28 19:38

I am dying to see the economy collapsing.  Please make it happen soon.

快樂牛郎

I am currenty renting and have been saving every penny for a few years. already cut cable tv, landline, going out yum cha only once per months.. etc.
supersuper 發表於 2010/9/29 21:27

if you need to cut cable tv to save for a house, obviously it's not for you

快樂牛郎

sad.  move to eastern canada? :S
ACC-HE 發表於 2010/9/30 00:56

so many other places to move to
but if you like Van so much
then just suck it up

快樂牛郎

回復  快樂牛郎

still up so late?

I heard you prefer, and are renting over paying mortgage? why? ...
ACC-HE 發表於 2010/9/30 01:08

Because I lived in 3 cities in the last 5 years.  I don't like tying myself down to one city. And, renting is cheap and I don't see a significant appreciation in real estate, at least not in Seattle or Vancouver.

and last but not least, I need capital for stocks

快樂牛郎

回復  快樂牛郎

cable tv and landline is unnecessary, I hardly watch tv, anything i want to see i c ...
supersuper 發表於 2010/9/30 10:50

then don't say you cut those to SAVE for a house
you just cut those because u didn't need them

快樂牛郎

Sample grocery shopping list (1 week supply)：
pre-slice meat about $4/pack. (1 pack per day) $28
3 onion  $2
3-4 tomato $2
bean sprout $1
Veggie (3 pack) from T&T (half pack per day) $7
Fruit (e.g. 7 orange ~$5)
bread $3
total: $48
fibbi 發表於 2010/9/30 22:17

In theory, this sounds great, but it can't be further from reality.

You can't have just half an orange a day if you want a balanced diet. The veggie seems ok but sandwiches with pre-processed meat 3 meals a day, 7 days a week?

Vegetables is cheap in BC, but sometimes I can spend $10-$12 a day just on veggie and fruit.

快樂牛郎

先決條件係樓價唔好大幅下跌sheep 發表於 2010/10/1 09:33

that's 100% of the equation
so if you *assume* price won't fall dramatically
then there's no debate whatsoever

快樂牛郎

I am cheap.  Simple a decent "Red carrot boils Green carrot" will run almost $20.  I grew up in the 70's, mom will give some change for breakfast.   Ham and egg bun and vita soy milk will run you almost 3 dollars at 7-11, and it will break your $200 budget. Look4chrisng 發表於 2010/10/1 08:53

cooking doesn't make sense for me anymore
as my time is getting more expensive

快樂牛郎

基本上
銀行借七成嘅話
佢都封咗蝕本門
sheep 發表於 2010/10/1 11:38

In the US, if you walk away from your home, the banks cannot do anything but decreasing your credit score.  In Canada, they will keep chasing after you unless you declare bankruptcy.  And your mortgage is like 500% leveraged, so even a 15% price drop is enough to wipe you out 100%.

快樂牛郎

From the tone of 牛郎, 佢等待左呢日好耐BiscottiGelato 發表於 2010/10/1 11:32

Actually, I don't mind if it comes later than earlier.  The later it comes, the more capital I will have.