COVID and the housing market | Page 23 | GTAMotorcycle.com

COVID and the housing market

nobbie48 said:
Sometimes I try to step back a bit and appreciate only having a one car garage that a refugee would be happy to live with instead of the camp tent they're in now..

A study, Swedish IIRC, proposed a scenario where everyone in the world live on the same street and at one end was the poorest and the other the wealthiest. Everyone in between was in order of wealth.

People were asked t point out where they were on the street line and most pointed to somewhere around the middle. The reality is that if you have a few thousands of dollars in assets you were near the top.
Click to expand...

Totally agree.

However, on the flip-side, there's a strong correlation between high-income, highly industrialized nations and incidences of depression.

If the measurement of wealth went beyond just material possessions, money may not buy happiness (yeah, yeah, but you'll be crying while sitting in your McMansion and also behind the wheel of your Porsche, blah blah blah).
 
Lightcycle said:
Totally agree.

However, on the flip-side, there's a strong correlation between high-income, highly industrialized nations and incidences of depression.

If the measurement of wealth went beyond just material possessions, money may not buy happiness (yeah, yeah, but you'll be crying while sitting in your McMansion and also behind the wheel of your Porsche, blah blah blah).
Click to expand...
you can make lots of money by doing something you love, or make that same amount of money by doing something you hate and your happiness levels would be would be very different while the amount of money you have is the same

happiness is in your head and money is in your wallet, the two are not connected, maybe trying to find that connection is whats making people miserable
 
mbroyda said:
you can make lots of money by doing something you love, or make that same amount of money by doing something you hate and your happiness levels would be would be very different while the amount of money you have is the same

happiness is in your head and money is in your wallet, the two are not connected, maybe trying to find that connection is whats making people miserable
Click to expand...
Often it isn't that simple. Jobs that make you happy often pay less. Jobs that destroy your soul often pay more. You "need" (used loosely) a certain amount of money to be happy. I think previous studies put the top of that curve around 70K IIRC. Less than that and happiness drops because you are terrified of meeting your obligations.

One of the kids classmates parents just started selling homemade gourmet cookies. $30 for six cookies. Cough. I bought one box to try to support them, but hopefully someone else wants to buy some next week because I'm out. That may need to be the price she charges to make it financially viable for her but I suspect she may find that is not financially viable for her clients. I don't know what the price would be for me to be a recurring customer but it's probably in the ballpark of 30% of her current pricing. At that price, it is probably a hobby for her, not a viable business.
 
GreyGhost said:
Often it isn't that simple. Jobs that make you happy often pay less. Jobs that destroy your soul often pay more.
Click to expand...

I'm already trying to figure out what I'm going to do if COVID keeps the borders closed this summer.

I looked into becoming a motorcycle instructor again out here. Got my package from ICBC and everything.

Thing is the school pays minimum wage. And some sites are an hour+ away from where I live, so I wouldn't get compensated for travel there and back.

It's not so different than the schools in Toronto.

I still might do it. Because it was fun and gratifying at the same time...
 
Lightcycle said:
I'm already trying to figure out what I'm going to do if COVID keeps the borders closed this summer.

I looked into becoming a motorcycle instructor again out here. Got my package from ICBC and everything.

Thing is the school pays minimum wage. And some sites are an hour+ away from where I live, so I wouldn't get compensated for travel there and back.

It's not so different than the schools in Toronto.

I still might do it. Because it was fun and gratifying at the same time...
Click to expand...
So it's less of a job amd more of a hobby that covers expenses (which is pretty good for a hobby).
 
GreyGhost said:
Often it isn't that simple. Jobs that make you happy often pay less. Jobs that destroy your soul often pay more. You "need" (used loosely) a certain amount of money to be happy. I think previous studies put the top of that curve around 70K IIRC. Less than that and happiness drops because you are terrified of meeting your obligations.

One of the kids classmates parents just started selling homemade gourmet cookies. $30 for six cookies. Cough. I bought one box to try to support them, but hopefully someone else wants to buy some next week because I'm out. That may need to be the price she charges to make it financially viable for her but I suspect she may find that is not financially viable for her clients. I don't know what the price would be for me to be a recurring customer but it's probably in the ballpark of 30% of her current pricing. At that price, it is probably a hobby for her, not a viable business.
Click to expand...
nothing is ever that simple lol. and the amount of money your "need" is usually a moving target (as is your perceived happiness) and is different for every circumstance, for example $70k a year for someone that is used to surviving on $40k will improve his life style and level of happiness (for a little while) but if you give $70k to someone who is used to $150k/yr there will be a substantial drop in that persons happiness and an increase in anxiety.

its easy to go to extremes with an argument like "sunbathing is Costa Rica brings me happiness, but no one will pay me to do it" but that is loosing sight of reality, I dont think your kid's classmate is planing on retiring off her cookie enterprise with the current business model, but if baking and selling cookies is what she really loves to do then its definitely a reality with the right business plan.

on a side note, she is lucky to have a hobby that make her a few bucks, all of my hobbies seem to be bottomless pits that always need to be fed with more money.
 
My son was operations manager at a high end cookie place. They made great cookies (it's the butter) that would retail at coffee shops for about 6$. They were going gangbusters til Covid drove her under.
 
Agree with @mbroyda having a hobby that at the very least covers your costs into it is awesome. I’m getting back into the gym and of course I want new equipment. But those are out of stock, and the used ones are more than new:(
 
mimico_polak said:
Agree with @mbroyda having a hobby that at the very least covers your costs into it is awesome. I’m getting back into the gym and of course I want new equipment. But those are out of stock, and the used ones are more than new:(
Click to expand...

Not just exercise equipment.

Lots of free time due to lockdown, combined with CERB money and supply chain slowdown in new inventory means crazy prices in the used market for anything related to recreation and leisure.

So I too, have a lot of free on my hands lately, and I know that the PS5 and Xbox Series X/S are facing inventory shortages, because of all the above factors.

But when I checked online for *used* PS4 and Xbox Ones, I find out those units are selling for what they cost brand new! Because the older models are *ALSO* out of stock in stores as well!

Sweet Cheeses!
 
bigpoppa said:
indian people its the same ****

Indian dad: no no we dont need to replace the brakes and put on winter tires

Also indian dad: Lets arrange a LOC for this wedding that will probably end up in the toilet 5 years from now.
Click to expand...

Met fiancee's parents only once. Her dad told me to drive. Steering wheel was not aligned and brakes barely worked lol

george__ said:
I'm Asian.

Asian chicks are not easy going buddy

Ones born here are better but still you will face a lot of pressure from the family

Not being racist but especially Chinese women... $$$$$$$$$$$$$$$$$$$$$$

@油井緋色
Click to expand...

I never understood the Western fetishism of submissive Asian women lol. The stereotype isn't true.
 
油井緋色 said:
Met fiancee's parents only once. Her dad told me to drive. Steering wheel was not aligned and brakes barely worked lol



I never understood the Western fetishism of submissive Asian women lol. The stereotype isn't true.
Click to expand...

Adult films
 
I was actually referring not to submissive stereotypes but the cultural preference to live with extended family

油井緋色 said:
Met fiancee's parents only once. Her dad told me to drive. Steering wheel was not aligned and brakes barely worked lol
Click to expand...
Sounds about right
They stingy when it comes to important stuff(helmets, tires, brakes), but splurge over trivial ****(like weddings, real estate etc)
 
Lightcycle said:
Asian culture is all about face.
Click to expand...
on the one hand, I am somewhat disappointed, on the other, I am delighted to share so many cultural idiosyncrasies with my fellow asians/chinese people
 
mimico_polak said:
Had a Chinese boss years ago....he had 1 single hair on his face. He said in Chinese culture there’s something like a ‘lucky hair’. Is that true?
Click to expand...
he might have been trolling you bro
 
You must log in or register to reply here.

Back
Top Bottom