COVID and the housing market | Page 24 | GTAMotorcycle.com

COVID and the housing market

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?

I've heard of this and someone saying it applies to a single long nail too.

I know some Chinese families won't use their front door to enter due to "feng sui" so we have some pretty stupid **** lol
 
Last edited:
I've heard of this and someone saying it applies to a single long hair too.

I know some Chinese families won't use their front door to enter due to "feng sui" so we have some pretty stupid **** lol
some indian people dont cut nails or hair on tuesdays
Or was it thursday?
 
I've heard of this and someone saying it applies to a single long hair too.

I know some Chinese families won't use their front door to enter due to "feng sui" so we have some pretty stupid **** lol
Yup. It was literally the only hair on his face. Drove me nuts. I just wanted to cut it. But a lucky hair is a lucky hair I guess. Maybe 3-4” long.
 
sometimes I love GTAM
 
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.
My observation is the most successful people are doing work they really enjoy. One of my kids has a little company that restores carpets -- he loves what he does and makes a killing.

My rule has been simple - if I wake up 5 days in a row thinking I don't want this lousy job, it's time to look for something new. I have done this 5 times in my life. I'm always happy.
 
Asian culture is all about face.

Are you asian ?

My observation is the most successful people are doing work they really enjoy. One of my kids has a little company that restores carpets -- he loves what he does and makes a killing.

My rule has been simple - if I wake up 5 days in a row thinking I don't want this lousy job, it's time to look for something new. I have done this 5 times in my life. I'm always happy.

I wish
 
You are a very fortunate man @Mad Mike . Not many people are able to do say that, or change careers / jobs that easily.

I like my job, but realized and remembered how much I hated being in an office environment. I’m looking forward to start of construction so I can be on site more and get back into the action.

While I am happy to be home, a part of me really misses working on that site in BC. Being a part of something that only a handful of people will experience has its charm.
 
You are a very fortunate man @Mad Mike . Not many people are able to do say that, or change careers / jobs that easily.

I like my job, but realized and remembered how much I hated being in an office environment. I’m looking forward to start of construction so I can be on site more and get back into the action.

While I am happy to be home, a part of me really misses working on that site in BC. Being a part of something that only a handful of people will experience has its charm.
If you are not happy doing what you are doing, ask yourself "What would you really like to do for the next 5 years?" Then figure out if there is a realistic pathway to that type of work -- if yes, make a plan and head in that direction, if no - do the exercise again.
 
My observation is the most successful people are doing work they really enjoy. One of my kids has a little company that restores carpets -- he loves what he does and makes a killing.

My rule has been simple - if I wake up 5 days in a row thinking I don't want this lousy job, it's time to look for something new. I have done this 5 times in my life. I'm always happy.

Bingo.

I woke up one morning, sat on the edge of the bed and said I don't want to go to work. I quit, took 10 months off, traveled a bit, kept a promise to my 11 YO that she would swim in salt water (Florida), renovated a bit and started my own company.

Most of my jobs were one or two day stints so even with a bad one the light at the end of the tunnel wasn't far away.

Life is good.
 
If you are not happy doing what you are doing, ask yourself "What would you really like to do for the next 5 years?" Then figure out if there is a realistic pathway to that type of work -- if yes, make a plan and head in that direction, if no - do the exercise again.

It's not very often that the timing is right. If that is the case look back and try to find a time that was right. Most people can't.

It's like buying new electronics. You know the day after you buy, a better item will come out so you wait, typing away on your Commodore 64.
 
I’m trying to find my way into consulting in my business area (tunnelling). I know my **** fairly well, but need some more experience to make it reality. Everything I’ve done is pointing in that direction, but I’m stuck at the current stage.
Shooting for both PMP and PENG this year as unfortunately you’re not taken seriously without them, unless you’re 70 and have lived in tunnels all your life.
 
We’re at 1.64% 4yr fixed now which was worth it to break from the low 2% we were at. I can’t fathom a 700k mortgage and I’m so happy I’m not a new homebuyer.
That is a nice rate. Congrats. Our break fee is too large to justify the change unfortunately so I have to stick to prepayments to save interest.
 
I’m trying to find my way into consulting in my business area (tunnelling). I know my **** fairly well, but need some more experience to make it reality. Everything I’ve done is pointing in that direction, but I’m stuck at the current stage.
Shooting for both PMP and PENG this year as unfortunately you’re not taken seriously without them, unless you’re 70 and have lived in tunnels all your life.
that sounds cool tbh
like the start of a cool fantasy/sci fi novel
 
Gasp! I checked the asking prices for properties in Parkdale and they were insanely higher than I thought.

I am having trouble wrapping my head around the math as well.

A house on a 25 X 100 lot has been bling reno'd into four apartments and the rental income is suggested to be $165,000 a year. Grab that deal for a little over $3M.

Rent a decent house near High Park for $5500 a month. How much mortgage does that buy?

There's a lane lot for sale Bathurst / Dupont, 40 X 50 ish for $1,250,000. Could you build anything on it or park an RV?

GG and others have commented that property ownership is pie in the sky for a huge part of the population so get used to rent or long commutes. Maybe the rent isn't that bad of an idea since job-for-life isn't a given anymore. What are the realities of the same job and spouse for life these days?

I can't help feel that The-sky-is-falling mentality has taken over.

A buddy was quoting jobs and not getting too many so he doubled his prices and he started getting a lot of work. "If he's that expensive he's got to be good."

"Hey Mabel, they're asking seven million for that story and a half on that skinny lot. There has to be something going on. Let's offer eight million so we don't lose it"

Also as mentioned, a single family in a detached Toronto house is becoming a dying oddity. Those multi million dollar detached houses in Parkdale have largely been converted to apartments and flats. The ones that aren't the owners are land rich, pocket poor. If you look at the King / Queen area there are beautiful houses that were converted to apartments and rooming houses after the great depression. The large lots were partitioned and in-fill housing built.

And to the real estate spin doctors, what is a hard loft? We called them attics.

I guess the hard part is the 50% of floor area where you can't stand up straight without banging your head on the hard ceiling. All for $2500 a month on Roncesvalles, where the street cars serenade you all night.
 

Back
Top Bottom