[Chumley]

Bought our house 10 years ago. It would cost near triple that to buy the same house now.
If I was a young guy with kids I would just be passing my debt on to my kids when I die if I had to buy it now.

[Gunnair]

2Cdo 2Cdo:

andyt andyt:

If you lived in Vancouver and had to buy a house recently, you wouldn't have those 2 vehicles and toys, and still be living paycheck to paycheck just paying your mortgage. I don't know how some people stay afloat with the mortgage payments they have - any serious rise in mortgage rates and they are outta there.

Having lived in Victoria years ago, and bought my first house there. i probably would. I just wouldn't have upgraded as often as I did. Most people could save something every month if they had to, me and my wife took no holidays for years because we were providing for the kids activities and paying down our debts as fast as we could. The idiots living paycheck to paycheck would still take the holidays(on credit) and wonder why they have no savings. Most times you have to sacrifice something to get the savings rolling.

Just for kicks, check out housing prices before confiming that. They've gone up substantially.

[BartSimpson]

Gunnair Gunnair:

Just for kicks, check out housing prices before confiming that. They've gone up substantially.

No fooling. When Lisa and I went to sell our house in Oak Bay we were blown away by what the realtor listed it for and then doubly blown away by the competing offers. We sold the place for about 3.5 times what we bought it for in 1997. Not to look a gift horse in the mouth, but it was absurd what that house sold for. It just was not worth it, IMHO.

[BigKeithO]

CanadianJeff CanadianJeff:

Bad wages and hate against the unions who fought so hard to try and get the common man his slice of the pie is what happened to the nation of savers.

At the end of the day it's all about the profits in the pockets of corporations and it's sadly rarely about the individual anymore.

How do you propose that Canada competes in a global market with your beloved unions fighting for higher wages all the time? You do realize that as globalization proceeds wages must stagnate or even go down? It makes no economic sense to continually attempt to drive wages up and up so "the common man can get a slice of the pie" while elsewhere in the world many, many people are willing to do more for less.

Canadians need to take a long hard look in the mirror and figure out where the problem lies. Our economy is based on consumerism and continually rising wages to fuel inflation. This no longer works when you inject 3rd world economies that will do the same work for less. Where has all of the manufacturing gone? Why has it gone there?

You may love your unions but they are part of the reason we are in this situation today. Wages cannot and will not continue to grow forever, at least not for the working class.

[Chumley]

Why should they grow for any other class then?

BigKeithO BigKeithO:

CanadianJeff CanadianJeff:

Bad wages and hate against the unions who fought so hard to try and get the common man his slice of the pie is what happened to the nation of savers.

At the end of the day it's all about the profits in the pockets of corporations and it's sadly rarely about the individual anymore.

How do you propose that Canada competes in a global market with your beloved unions fighting for higher wages all the time? You do realize that as globalization proceeds wages must stagnate or even go down? It makes no economic sense to continually attempt to drive wages up and up so "the common man can get a slice of the pie" while elsewhere in the world many, many people are willing to do more for less.

Canadians need to take a long hard look in the mirror and figure out where the problem lies. Our economy is based on consumerism and continually rising wages to fuel inflation. This no longer works when you inject 3rd world economies that will do the same work for less. Where has all of the manufacturing gone? Why has it gone there?

You may love your unions but they are part of the reason we are in this situation today. Wages cannot and will not continue to grow forever, at least not for the working class.

[BartSimpson]

Chumley Chumley:

Why should (wages) grow for any other class then?

Upper income folks tend to get their incomes from a more diverse number of sources and not just paychecks/wages so their incomes are not wholly dependent upon what they earn from their job.

What you are missing here is that while incomes have increased for some upper income folks, their assets took one hell of a pummeling in the past couple years.

So you have lower income folks who took it in the shorts on income, but upper income folks generally took a hit in the assets. Everyone has been hurt. Hell, even Cuba is laying off 500,000 government employees and they have no upper class outside of the billionaire Castro brothers.

[Dragom]

Apparently your supposed to save 33% of your income a month.

Funny how I'd never heard that before.

[Chumley]

BartSimpson BartSimpson:

Chumley Chumley:

Why should (wages) grow for any other class then?

Upper income folks tend to get their incomes from a more diverse number of sources and not just paychecks/wages so their incomes are not wholly dependent upon what they earn from their job.

What you are missing here is that while incomes have increased for some upper income folks, their assets took one hell of a pummeling in the past couple years.

So you have lower income folks who took it in the shorts on income, but upper income folks generally took a hit in the assets. Everyone has been hurt. Hell, even Cuba is laying off 500,000 government employees and they have no upper class outside of the billionaire Castro brothers.

I have been sinking what I can spare into rrsps for 20 years, I certainly have felt the same hit in my assets as well as my paycheck.

[EyeBrock]

Brenda Brenda:

andyt andyt:

Brenda Brenda:

That is a Canadian thing (I guess) that I don't understand. Why would you stand in line for something like Timmy's coffee, if you can drink your own awesome coffee at home, all in peace and quiet?

Because unlike you, many Canadians have never learned how to make good coffee - not that it takes a rocket scientist. And of course, we don't all live in pokeyville, our lives are too busy in the big smoke to make our own. But I don't know what the big deal is with Timmy's, heck McDonald's serves better coffee than they do.

My favorite is Turkish style.

Even here in pokey ville the line-ups are long, even inside, not just the drive-thru

I don't get this need to be in a line-up inside or in the Tims drive-through.

I got one of those Bosch Tassimo jobs. Rather good coffee, 14 for $5. Bargain and I drink it as I read my National Post.

Zero stress and I save cash. Bloody immigrants eh? Trying to change our culture.....

[Gunnair]

EyeBrock EyeBrock:

Brenda Brenda:

andyt andyt:

Even here in pokey ville the line-ups are long, even inside, not just the drive-thru

I don't get this need to be in a line-up inside or in the Tims drive-through.

I got one of those Bosch Tassimo jobs. Rather good coffee, 14 for $5. Bargain and I drink it as I read my National Post.

Zero stress and I save cash. Bloody immigrants eh? Trying to change our culture.....

You read the Post?

[EyeBrock]

Plus I always refuse the free Toronto Star at MacDonalds and Fortinos..

[Brenda]

Gunnair Gunnair:

EyeBrock EyeBrock:

I don't get this need to be in a line-up inside or in the Tims drive-through.

I got one of those Bosch Tassimo jobs. Rather good coffee, 14 for $5. Bargain and I drink it as I read my National Post.

Zero stress and I save cash. Bloody immigrants eh? Trying to change our culture.....

You read the Post?



[/quote]
Those damned immigrants... Trying to keep the Post alive

[EyeBrock]

Yes I read the bloody Post and drink Tassimo coffee! This is a witch hunt on the Limey immigrant....

[BartSimpson]

EyeBrock EyeBrock:

Yes I read the bloody Post and drink Tassimo coffee! This is a witch hunt on the Limey immigrant....

I read the Post, too. Not always, but they have it at the L street newstand across from the State Capitol here in Sacramento.

[Brenda]

BartSimpson BartSimpson:

EyeBrock EyeBrock:

Yes I read the bloody Post and drink Tassimo coffee! This is a witch hunt on the Limey immigrant....

I read the Post, too. Not always, but they have it at the L street newstand across from the State Capitol here in Sacramento.

You're not a born Canadian either. Stupid foreigners.
Damn, I think I should start reading the Post now...