Re: Alright you Canadians

Re: Alright you Canadians - Saab General Bulletin Board - Saabnet.com

The banner above is an advertisment - if it asks you to download software, please ignore.
Site News -

General Bulletin Board
[Subscribe to Daily Digest]

(Search Author's Posts: e.g. Keyword:username) *Members Only

[Main General Bulletin Board | BBFAQ | Prev by Date | Next by Date | Post Followup ] Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
Re: Alright you Canadians Posted by James [Email] (more from James) on Thu, 25 Nov 2010 08:39:28

In Reply to: Alright you Canadians, No Snaab, Wed, 24 Nov 2010 20:51:19 Members do not see ads below this line. - Help Keep This Site Online - Signup

Yeah, in my neighbourhood, $500k gets you a building lot or a small post war bungalow. Developers have been calling owners of smaller homes offering them that much to sell (construction industry has had it good the last few years as well around here). I have friends trying to move up in size while staying in their old, central, 1920's era neighbourhood. They were outbid by $90k, in spite of significantly overbidding themselves (on a house just under $700k list price). I would describe the house as a nice, moderately sized old home (2000-2200 sq ft), unrenovated inside (and largely due)... efforts are often made to start a bidding war with 1 week of showings (or less) followed by a bid deadline, with the selling realtor attempting to coerce potential buyers to sweeten bids etc... it's nuts... the value of our property has steadily risen throughout the recession (but we live in a hot area)...

all in all though, the economy here is not so bad: we weren't hit as hard as the US (though we are always affected by trouble south of the border), largely because of a better regulated banking system. The housing market didn't tank as bad, largely because the banks weren't allowed to take as big risks on the mortgages. For a few years, there were some 0% down 40 year mortgages allowed, but that has been tightened up again + the number of those mortgages were more limited (and probably more common in Toronto than elsewhere)... that said, young buyers are less conservative and are taking on more than they should + the sellers moving up can therefore afford to bid more as well.. imho, 10% down 25 year term should be the minimum, but I'm old fashioned...

wrt healthcare, it isn't free, we pay for it with our taxes... but it works out pretty well in the end, aside from some longish wait times. No need to have private health insurance (and all the problems associated with that) or face the horrendous bills for a US hospital stay. I suspect the cost to deliver health care here is cheaper than in the US, partly because salaries are lower, as are lawsuits...

all in all I think the balance we have up here isn't bad... we pay a little more tax than Americans, but I think we get decent value for that money... all just imho of course...

James...

posted by 216.59.228...

Posts in this Thread:

Alright you Canadians, No Snaab, Wed, 24 Nov 2010 20:51:19
- I thought this would be about two Thanksgiving holidays, MI-Roger , Sat, 27 Nov 2010 10:54:30
- what gives? low interest rates ..., Trev, Thu, 25 Nov 2010 14:10:21
- Echo bubbles, Reality, Thu, 25 Nov 2010 09:51:35
  - while I partially agree..., James, Thu, 25 Nov 2010 19:04:42
    - Re: while I partially agree..., Bill Homer , Fri, 26 Nov 2010 07:46:32
      - But at the same time..., Noel, Fri, 26 Nov 2010 14:43:47
      - it has been a contractor gravy train..., James, Fri, 26 Nov 2010 08:11:32
    - Re: while I partially agree..., Reality, Thu, 25 Nov 2010 20:27:19
      - Re: while I partially agree..., James, Fri, 26 Nov 2010 08:32:49
        Re: while I partially agree..., Reality, Fri, 26 Nov 2010 10:16:04
        Re: while I partially agree..., James, Fri, 26 Nov 2010 12:15:02
        Re: while I partially agree..., Reality, Fri, 26 Nov 2010 13:10:00
        buyer encouragement..., James, Fri, 26 Nov 2010 16:41:53
        Re: buyer encouragement..., Reality, Fri, 26 Nov 2010 18:17:47
        left vs right, James, Sat, 27 Nov 2010 09:02:34
        Multi-Dimensional, Reality, Sun, 28 Nov 2010 17:45:48
        balance + the Nolan chart, James, Mon, 29 Nov 2010 08:58:56
        Re: balance + the Nolan chart, Tim, Mon, 29 Nov 2010 19:18:09
        I'll guess I'll bite one last time I guess..., James, Tue, 30 Nov 2010 03:53:50
        I was listening to the same NPR segment on Monday, Reality, Thu, 2 Dec 2010 22:42:27
        a different angle..., James, Sun, 5 Dec 2010 03:50:31
        NPR?, James, Sat, 4 Dec 2010 15:07:16
        Re: NPR?, Reality, Tue, 7 Dec 2010 15:30:17
        Re: NPR?, James, Wed, 8 Dec 2010 11:36:49
        Agreement, Reality, Wed, 8 Dec 2010 14:58:07
        Re: Agreement, James, Wed, 8 Dec 2010 16:13:40
- Re: Alright you Canadians, James, Thu, 25 Nov 2010 08:39:28 <-- Viewing This Message
- Re: Alright you Canadians, JohnA , Thu, 25 Nov 2010 07:43:14
- Re: Alright you Canadians, gilbertb, Thu, 25 Nov 2010 07:15:06
- Same down here in Australia..., sab, Wed, 24 Nov 2010 21:32:32
  - You haven't seen stupid house prices, No Snaab, Thu, 25 Nov 2010 07:56:00

Members do not see ads below this line. - Help Keep This Site Online - Signup

Post a Followup

No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.

Name: Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
E-Mail: (Optional)
Re-Enter E-Mail: (Confidential & Secure - Not revealed to other users!)
Note: Please check your spam folder for BB responses.

Subject:

Posting rules are simple - No for sale/wanted ads may be posted here - use the site classifieds.
You may not cross-post your message to multiple BBs.
Not permitted: political/religious topics and being disrespectful (personal attacks, insults, etc...).
Site Members do not see any red text, inline ad links, bottom of page anchor ads, box ads, or anti-spam check.

Message: (please no for sale/wanted classifieds - post those in the Saabnet.com Classifieds)
Links are now automatically made active, no need for any special code (or use the Option Link field below) - don't put links in () or end with a '.'
To add inline images to your post, use [img]http://www.domain.com/img.jpg[endimg] (or use the Optional Image Link field below).

Links are now automatically made active, no need for any special code (or use the Option Link field below) - don't put links in () or end with a '.'
To add inline images to your post above, use [img]http://www.domain.com/img.jpg[endimg] (or use the Optional Image Link field below).
Optional Link: (e.g. http://www.saabnet.com/)
Link Title: (Optional)
Optional Photo/Image Link: (e.g. http://www.saabnet.com/img.jpg)
Photo/Image to Upload: (Please be patient while file uploads)

Prev by Date: Not necessarily, No Snaab, Thu, 25 Nov 2010 08:27:36
Next by Date: I think that is the crux of it..., James, Thu, 25 Nov 2010 09:03:06
Main General Bulletin Board

StateOfNine.com

SaabClub.com

Jak Stoll Performance

M Car Covers

Ad Available

The content on this site may not be republished without permission. Copyright © 1988-2024 - The Saab Network - saabnet.com.
For usage guidelines, see the Mission & Privacy Notice.
[Contact | Site Map | Saabnet.com on Facebook | Saabnet.com on Twitter | Shop Amazon via TSN | Site Donations]

Random Saabnet.com Member Gallery Photos (Click Image)

This is a moderated bulletin board - Posting is a privilege, not a right. Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY. Classifieds are to be listed in The Saab Network Classifieds pages. This is a problem solving forum for over 250,000 Saab owners, so expect to see problems discussed here even though our cars are generally very reliable. This is not an anything goes type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the Saabnet.com Mission and Purpose Page. Please remember that you are not anonymous. Site Contact | Site Donations | Other Sites by SP - Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot

Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all the Site Membership Benefits!

The content on this site may not be republished without permission. Copyright © 1988-2024 - The Saab Network - saabnet.com. For usage guidelines, see the Mission & Privacy Notice. [Contact | Site Map | Saabnet.com on Facebook | Saabnet.com on Twitter | Shop Amazon via TSN | Site Donations]

The content on this site may not be republished without permission. Copyright © 1988-2024 - The Saab Network - saabnet.com.
For usage guidelines, see the Mission & Privacy Notice.
[Contact | Site Map | Saabnet.com on Facebook | Saabnet.com on Twitter | Shop Amazon via TSN | Site Donations]