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Old 11-05-2019, 08:51 PM   #1021
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Meh, at the same time, the constant defensiveness from people who live in the city whenever the flaws of the city are pointed out (especially those that aren't particularly controversial) is tiresome, too.
Oh.. I just thought yesterday Calgary sucks, today Calgary's home I love it was hilarious
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Old 11-05-2019, 09:01 PM   #1022
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Nm wrong thread
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Accused of assaulting a fish! Funniest thing I have ever heard.
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Old 11-05-2019, 09:32 PM   #1023
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I hope Peter12 doesn't go down that road. It's always annoying when CP posters from Calgary move and then turn around and constantly make little passive aggressive quips about the city.
In the interest of being fair, I don't like Calgary much either. Not passive aggressively though, just normal aggressive I suppose
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Old 11-05-2019, 10:41 PM   #1024
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You all suck, we're a World Class city.
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Old 11-05-2019, 10:49 PM   #1025
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Nm- misread.
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Old 11-08-2019, 09:56 AM   #1026
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Thought this was interesting/depressing.



Except he’s wrong. You wouldn’t even break the top 50. Math checks out though.
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Old 11-08-2019, 10:01 AM   #1027
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Thought this was interesting/depressing.



Except he’s wrong. You wouldn’t even break the top 50. Math checks out though.


Except if you consider interest. Even 2% over 2019 years yields a 2.310717148e17 return on your first years meeting investment. Safe to say you’d be richer than all of them combined.
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Old 11-08-2019, 10:02 AM   #1028
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Lol. Compound interest lessons is definitely the point of that tweet.
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Old 11-08-2019, 10:07 AM   #1029
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Thought this was interesting/depressing.

Except he’s wrong. You wouldn’t even break the top 50. Math checks out though.
“You shall not charge interest on loans to your brother, interest on money, interest on food, interest on anything that is lent for interest. You may charge a foreigner interest, but you may not charge your brother interest, that the Lord your God may bless you in all that you undertake in the land that you are entering to take possession of it.

Deuteronomy 23:19-20



Even the bible is against foreigners. /s
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Old 11-10-2019, 08:19 PM   #1030
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Old 11-10-2019, 10:28 PM   #1031
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Lol. Compound interest lessons is definitely the point of that tweet.
Nah the point is to inflame the illiterate. Because the average person will think it’s Scrooge mcduck actually swimming in coins.
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Old 11-18-2019, 03:51 PM   #1032
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More encouraging news:

https://betterdwelling.com/this-week...rcvEcGxfPiaX_c
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Old 11-18-2019, 03:58 PM   #1033
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Encouraging news? Top 4 stories:

Canada’s Major Cities Saw Condo Prices Rise Over 3x Faster Than Houses

Canadians Holding Multiple Jobs Is On The Rise

Ontario And Alberta Households Are Seeing The Fastest Rise In Insolvencies

Canada’s Cash Strapped Boomers Are Racking Up Reverse Mortgage Debt Very Fast
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Old 11-18-2019, 04:14 PM   #1034
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I think your sarcasm detector is broken
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Old 11-18-2019, 04:50 PM   #1035
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I think your sarcasm detector is broken

It's more or less the negative narrative of this thread in number form.

Young people working more and more hours to stay afloat. Baby boomers borrowing more to support the lifestyles of them and their offspring. Entry level housing growing further out of reach. People falling into bankruptcy, and that's before the government has even been forced to raise rates.
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Old 11-22-2019, 12:33 PM   #1036
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A flawless plan:

https://www.narcity.com/amp/canadian...-paying-it-off

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Dealing with debt is hard. And a new study from Manulife Bank of Canada has revealed that two out of every five people owing money in Canada actually expect to die before paying it off. The report found that while many Canadians in debt are spending money much faster than they can earn it, millennials are managing to control theirs by effectively utilizing technology.
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Old 11-22-2019, 01:24 PM   #1037
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Will be interesting to compare this thread and the "2019 Christmas season" thread over the next few months...
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Old 11-22-2019, 01:37 PM   #1038
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The quote there that millenials are managing this better is surprising to me. Not because it's millenials, but because some have said that due to their spending habits we avoided recession over the past couple of years. I wish I could remember his exact comments, but one speaker I heard said that all their spending on craft alcohols, lattes and whatever else was easy to make fun of, but also boosted spending by a significant amount.
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Old 11-22-2019, 02:10 PM   #1039
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The quote there that millenials are managing this better is surprising to me. Not because it's millenials, but because some have said that due to their spending habits we avoided recession over the past couple of years. I wish I could remember his exact comments, but one speaker I heard said that all their spending on craft alcohols, lattes and whatever else was easy to make fun of, but also boosted spending by a significant amount.
The idea that small amounts of discretionary spending on things like coffees and craft beers is new is total garbage. If anything, it's much harder these days to get the necessary traffic to maintain a small bar or restaurant.

What Millenials are doing less of is making major purchases like cars and houses. It's pretty baffling that people spend so much energy jumping down Millenials throats for spending $100/month on a few extra luxury items like coffees, but totally ignore the fact that many are not spending $800/month on a new car (payments, insurance, gas, repairs).

IMO we avoided recession by kicking the can down the road with low interest rates.
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Old 11-22-2019, 02:26 PM   #1040
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Millenials throats for spending $100/month on a few extra luxury items like coffees, but totally ignore the fact that many are not spending $800/month on a new car (payments, insurance, gas, repairs).
Yeah, this is pretty huge, IMO. There are also less millenials having kids than their parents' generation.
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