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Search: Posts Made By: northeast canuck
Showing results 1 to 25 of 28
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Forum: Canada
May 3rd 2010, 4:21 am
Replies: 46
Views: 6,211
Posted By northeast canuck

Re: Has there been a worse time to emmigrate?

I don't know whether or not it's the worst time to emigrate, but I believe it is certainly the riskiest. You have the combination of a property market that offers poor value and extreme risk (in...
Forum: Canada
May 2nd 2010, 7:08 pm
Replies: 21
Views: 2,653
Posted By northeast canuck

Re: Renting a property - Is it true ...?

Craigslist is by far and away the main resource for finding rental properties. When we were looking for a property (in Vancouver/North Vancouver) almost all of them were from Craigslist. There was...
Forum: Canada
May 2nd 2010, 6:56 pm
Replies: 68
Views: 7,971
Posted By northeast canuck

Re: Canadian Exchange rates

If you are really concerned about the exchange rate getting worse and are comfortable with 1.49, why not set up an account with Moneycorp and commit to an exchange should the rate reach 1.49? This...
Forum: Canada
Oct 29th 2009, 4:55 am
Replies: 90
Views: 11,353
Posted By northeast canuck

Re: Why Post Dated Cheques?

You are right there - I believe the limit is 49%. This is also what has held back the airlines and the telcos over the years. The airlines used to have a limit of 25% although I believe that has...
Forum: Canada
Oct 29th 2009, 2:31 am
Replies: 90
Views: 11,353
Posted By northeast canuck

Re: Why Post Dated Cheques?

I agree with you there (cell phone providers in particular)!

Yes, the Canadian public is, in theory, potentially in hock for that amount but in reality property prices will never drop to 0! But...
Forum: Canada
Oct 29th 2009, 2:13 am
Replies: 90
Views: 11,353
Posted By northeast canuck

Re: Why Post Dated Cheques?

Yes I can. When the Canadian government took $75 billion worth of CMHC's liabilities off it books. All that fuss lately about a $60 billion deficit in one year, and yet this baby just slips on...
Forum: Canada
Oct 28th 2009, 4:44 pm
Replies: 90
Views: 11,353
Posted By northeast canuck

Re: Why Post Dated Cheques?

Agree 100%.
Forum: Canada
Oct 28th 2009, 4:34 pm
Replies: 90
Views: 11,353
Posted By northeast canuck

Re: Why Post Dated Cheques?

That's a little judgemental of you. I'm afraid I do know a little about what I am talking about, perhaps you'd better check your facts.

Here are some of mine:

The CMHC basically underwrites...
Forum: Canada
Oct 28th 2009, 3:02 pm
Replies: 90
Views: 11,353
Posted By northeast canuck

Re: Why Post Dated Cheques?

Actually the government here has done quite a bit to prop up the banks, it just doesn't get publicised quite as much. Like, for example, the government taking on $70 billion in mortgage liabilities...
Forum: Canada
Oct 28th 2009, 2:44 pm
Replies: 90
Views: 11,353
Posted By northeast canuck

Re: Why Post Dated Cheques?

I am a returning Canadian expat, having spent over a decade in the UK, and as such I feel I can say the following:

The Canadian banking system sucks.

I am renting and have had to hand over 12...
Forum: Canada
Aug 15th 2009, 9:32 am
Replies: 10
Views: 1,622
Posted By northeast canuck

Re: Apartment hunting in Vancouver

It's a funny old world, isn't it?
Forum: Canada
Aug 15th 2009, 6:37 am
Replies: 10
Views: 1,622
Posted By northeast canuck

Re: Apartment hunting in Vancouver

I would definitely not try to secure any sort of rental until you get out there and see the places. My wife has just spent a hell of a week out there trying to find something decent to live in. She...
Forum: Canada
Aug 15th 2009, 2:01 am
Replies: 40
Views: 2,687
Posted By northeast canuck

Smile Re: BC HST

A pointless exercise though as we just tanker fuel if it's cheaper somewhere else. Of course our fuel burn goes up and CO2 emissions go up with the result being exactly the opposite of what the tax...
Forum: Canada
Aug 13th 2009, 9:25 am
Replies: 246
Views: 14,140
Posted By northeast canuck

Re: buying a house in an economic minefield

Ah, but you see it seems Keith lives in a parallel universe (Ottawa) where everything is reversed!
Forum: Canada
Aug 13th 2009, 7:59 am
Replies: 246
Views: 14,140
Posted By northeast canuck

Re: buying a house in an economic minefield

Here's another video on a similar theme. I am very, very concerned.

http://www.msnbc.msn.com/id/22425001/vp/32385463#32385463

It's coming, people. Looks like last October was just the warning...
Forum: Canada
Aug 13th 2009, 6:26 am
Replies: 246
Views: 14,140
Posted By northeast canuck

Re: buying a house in an economic minefield

I agree with you 100% here. A total collapse would be so bad, for everyone. What makes me so, so angry, is that what is happening right now is setting the market up for exactly that. And in the...
Forum: Canada
Aug 13th 2009, 3:10 am
Replies: 246
Views: 14,140
Posted By northeast canuck

Re: buying a house in an economic minefield

OK Keith, seeing as you asked, I will gladly explain it to you:

1. Someone writes a post saying that they cannot afford a house in the area they live in. You then instantly (like within seconds...
Forum: Canada
Aug 12th 2009, 3:14 am
Replies: 246
Views: 14,140
Posted By northeast canuck

Re: buying a house in an economic minefield

You really don't get it do you, Keith?
Forum: Canada
Aug 12th 2009, 2:44 am
Replies: 246
Views: 14,140
Posted By northeast canuck

Re: buying a house in an economic minefield

Just about everything. It's crap!:thumbdown:
Forum: Canada
Aug 10th 2009, 11:54 pm
Replies: 12
Views: 2,266
Posted By northeast canuck

Re: USELESS PET TRANSPORTERS!! BEWARE

I'm sorry to hear about your cat.

Re the paperwork runaround - I am an airline pilot and have quite a lot of experience transporting dogs/cats etc around the world, and can tell you that they...
Forum: Canada
Aug 10th 2009, 3:22 pm
Replies: 246
Views: 14,140
Posted By northeast canuck

Re: buying a house in an economic minefield

Keith, that's a little misleading - sterling went through decimalisation since then which effectively changed the value of the currency in that timeframe. Everyone here who bought in the sixties...
Forum: Canada
Aug 10th 2009, 2:30 am
Replies: 246
Views: 14,140
Posted By northeast canuck

Re: buying a house in an economic minefield

It's also worth mentioning that the average homeowner only stays in the house for an average of 3-5 years. Most housing cycles take place over 8 years or more. So while the price of real estate has...
Forum: Canada
Aug 10th 2009, 2:08 am
Replies: 246
Views: 14,140
Posted By northeast canuck

Re: buying a house in an economic minefield

That's not Vancouver. Its Richmond. Very different, and there is a reason for the price difference. I'd rather live in England to be honest.

And I am NOT looking for a starter home, as I have...
Forum: Canada
Aug 10th 2009, 1:05 am
Replies: 246
Views: 14,140
Posted By northeast canuck

Re: buying a house in an economic minefield

I agree with you Keith - 3x salary is the safest way.

So where in Vancouver can you buy a house borrowing 3x salary?

You can't. Not unless you already have a huge downpayment (like $500k) or a...
Forum: Canada
Aug 9th 2009, 9:22 pm
Replies: 246
Views: 14,140
Posted By northeast canuck

Re: buying a house in an economic minefield

Thank you for this. I forgot about the way the system works in Vancouver, it's been so long. I do seem to recall that there was a favoured weekend, and everyone who was needing a rental would rush...
Showing results 1 to 25 of 28
 
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