cool_boy_mew (coolboymew@shitposter.club)'s status on Saturday, 14-Jan-2023 00:11:59 JST
cool_boy_mew>Search for houses >About min. 350 000$ for a house >Priced at that they're mostly shit that needs severe renovation and has been built literally a hundred year ago >Or you gotta live in an area with no fucking services and jackshit >450 000$ is already too expensive with the mortgage going into the 2500$ a month without counting the rest of the shit >I can afford 250 000 to 350 000$ condos, but is it even a good idea? >Apartments are going into the 1000$/m
@chjara I basically never go out, doesn't spend like a madman, etc. and it's just out of reach for me. I'd have to buy with a spouse or something for the 450k and 550k ones and that's not fucking happening
@coolboymew yeah i'm joking the housing market is completely ridiculous thanks to people treating housing (you know, a basic necessity) as a financial investment™
Honestly there's way too many houses on the market that are absolute dogshit and way fucking overpriced. My favorite are the ones where you can clearly tell someone flipped it and all they bothered to do was a DIY job on the floors with some cheap shit from Home Depot
@Leaflord it's not about not having fucking starbucks, it's about not having to travel 30-45mins on car to do anything, at all. There is pretty much no major malls closeby, no nothing. Nobody wants to come here due to the long ass trek they have to do every time, and there's nothing under 400 000, this is ridiculous
>no services If you have a vehicle you can live further out. Not having a Starbucks within walking distance is outweighed by not being surrounded by a sea of genetic caca. Plus if you buy a cheaper fixer-upper you can flip it at a substantial profit and not ever need a mortgage again.
Memes aside though, i have about an hour's drive to the nearest big city. It's glorious. The last time I saw a non-white in my neck of the woods was a bunch of MENA goth baddies that somehow ended up here. Plus I stand behind it being a good investment for you if you are able to DIY some renos
Ask yourself this - is your new place one you want to live in forever and commit to fully? If the answer is no then you can treat it as an investment and use it to climb out of being in a position where your living arrangements depend on a bank's desire to give you a loan.
@Leaflord@Tadano it's either living extremely far from everything and getting stuck with 1h30mins+ of transport whenever you have to haul your ass to the office, nobody wants to come to your house
Or shitty middle of the city
Ideally, tranquill streets not far from the city/services
@coolboymew@Leaflord@Tadano I once lived in a spot that I had to drive 45 mins to do anthing besides groceries, I took up drinking and now people tell me I have a drinking problem and the lawyers advise me to stop drinking and continue treatment.
@Leaflord@coolboymew True. Despite all its flaws QC is one of the few places on the planet where you could just disappear from greater society and be perfectly fine, what with the bountiful arable land and fresh water sources. If you're in a position to go full /innawoods/ you could be living extremely well.
Unfortunately outside of that you're dealing with a horrendously dysfunctional province that repeatedly squanders anything good it has going for itself. God help us all.
@coolboymew I'm gonna wait until Mitsu has an income before buying. Current market still needs to cool down a bit too. I'm not thinking things are going to turn around quickly, but the simple maths of it is that I have a very decent middle-class salary and I'm not insisting on living in a highly desired urban environment and there are plenty of houses and of space for houses to be built in Quebec. At some point we'll figure how to unfuck this.
@Leaflord@coolboymew >is your new place one you want to live in forever and commit to fully?
I see this as one of the big problems. The job market expects people to move around.
Yet if you buy and then eventually sell a home ridiculous real estate agent commissions take a good chunk of the equity you've built over the years. Inflation (incl house prices) made 3-6% commissions absolutely ridiculous. It's ~25k on a 500k house. Considering how much of your mortgage payment goes to interest, and how little to principal that 25k takes most of what you paid on the principal. A few thousands (<= 1%) would be plenty considering how little work an agent usually does to sell a home.
I don't understand why companies like Zillow and Redfin didn't make a big push to reduce such transaction costs. They'd make an absolute killing.
@MasterSimper@Tadano@Leaflord@coolboymew I have a French friend who had moved to Montreal years ago, who ended up having issues living in Montreal and then visited PEI during summer and fell in love with it. He decided to move there at the end of autumn. My friends and I warned him, Eastern Quebec and the Maritimes provinces are beautiful during touristic seasons, but living there and especially through winter is a different thing entirely.
He lasted less than two months iirc. It was making his drinking problem worse. The people who manage in those places have roots there or are exceptionally good at rooting themselves. Most people just end up going Jack Torrance when they attempt to transplant themselves there.
@guizzy@Leaflord@MasterSimper@Tadano yeah I'm aware, I probably won't consider the ones that are massive like this. Who the fuck needs this "family room" bullshit?
But something like that
The thing is, stuff that's 250k - 300k, I would be able to slap a massive downpayment to be able to lower the monthly price to the low 1000, basically fuck the shitty apartments
@coolboymew@Leaflord@MasterSimper@Tadano Looks decent tbh. Be careful about this though: > immeuble impeccable offrant plusieurs services (gym, squash, piscine, sauna, salle familiale et terrasse sur le toit)
These services in condos are "free" the way our healthcare is "free". You might have high condo fees to deal with on top of your taxes and of your mortgage.
@coolboymew@Leaflord@MasterSimper@Tadano I'm right next to Anjou now, in Louis-Riel, and it's definitely a bit harder to manage without a car than my previous apartment in Hochelaga, but I do have a giga-mall at 5 minutes walk which is nice. The neighborhood has good and bad spots.
@guizzy@Leaflord@MasterSimper@Tadano Yeah I saw some condos around anjou that were all rather close to all the malls AND the subway station (possible to reach while walking, or the extremely frequent bus, too)
The point would have to have a metro station closeby, then you have access to everything easily
@Leaflord@MasterSimper@Tadano@guizzy The problem with the Momo station is that this direction to go to work and to return from work is heavily unpleasant in the metro
@coolboymew@Leaflord@MasterSimper@Tadano Metro station nearby is a tough ask. I had to settle for a short bus ride to the metro and a 1100$ lease, and even then I think what I got is pretty good.
@Bro-Drillard@Leaflord@coolboymew MLS is the secret sauce, that and being far more experienced in this sort of transaction than a layman. Big transactions accumulate middlemen not just because that's where the money is but also because inexperienced laymen bring emotion and inexperience to the table.
A skilled businessman who can keep a cool head might not need that but Mr. Millennial with no idea how this stuff works? In over his head.
@RupertvonRipp@Leaflord@coolboymew Yes, you can do FSBO. But do agents have any actual secret sauce besides their MLS and whatever other database they use? Why can't a public eBay like listing and bidding site exist?
Yeah. Which is why those parasites are able to make a living. However anyone who can rotate the apple is able to cut out the middleman and make a hefty profit
@coolboymew >Fuck this shit Same bullshit here. Even this house which was relatively well made I'm currently in is overpriced, 200K for 80square meters, no basement, there's a garage but it's badly designed (can put a car in it, water infiltration), insulation is 10~12 years old and part of it is dead or to be finished. Heating is also a fuck. I'm not complaining I'm living in something a thousand times better than in a yurt, I'm just saying this shouldn't cost 200k.
@coolboymew Man, reading this thread reminds me how much I love not being an american/canadian. Over here everywhere you could ever live you will never be more than a 5 minute walk away from the nearest grocery store. The only places where will be away from such conveniences are the countryside, and even then a 15 minute walk to go buy something from your neighbors isn't uncommon. Car dependency fucked you guys over big time.