Calgary real estate prospects

[Power_Of_Rotary]

This quote is hidden because you are ignoring this member. Show Quote

People love the drama lol. But seriously I'm done with beyond. Been here on & off for almost 20 yrs. Met a few very nice peeps and I found it helpful at times for some local crowdsourcing but lately (past couple yrs) its been a very small group of folks in an echo chamber. This particular thread being a shining example of what goes on. 279 pages of shitting on each other over Calgary real estate...

Yea man.. what was I thinking starting this thread hoping for constructive feedback?

[killramos]

This quote is hidden because you are ignoring this member. Show Quote

Well, you’re definitely an idiotic.

Highly accurate lol

[SJW]

This quote is hidden because you are ignoring this member. Show Quote

What's the dispute here. I can settle it.

Isn’t this a vanilla ice lyric?

[killramos]

This quote is hidden because you are ignoring this member. Show Quote

Isn’t this a vanilla ice lyric?

Very on brand.

[msommers]

This quote is hidden because you are ignoring this member. Show Quote

I have a 680 Sq ft (ish) 2 bedroom with the same amenities, (we have non monitored security cameras) and the fee is $636

Damn, that's a lot at $0.94/sq.ft. What's the reason if you have same/similar amenities?? Old build with more upkeep?

[bjstare]

This quote is hidden because you are ignoring this member. Show Quote

Sweet burn. What horse do you have in this race that you'd just want to jump in? Suntan has made it abundantly clear he's an autist and me calling him one clearly touched a nerve. I just get freezing low IQ vibes from you...but you get a pass cuz you're young and we're all pretty dumb in our youth. Just leave it alone dude.

I haven’t been young enough for a dumb youth pass for years, but I’ll take it!

[Buster]

It's true. He's old.

[SJW]

This quote is hidden because you are ignoring this member. Show Quote

It's true. He's old.

I've heard he's an idiotic though. Is that the opposite of savant?

[arcticcat522]

This quote is hidden because you are ignoring this member. Show Quote

Damn, that's a lot at $0.94/sq.ft. What's the reason if you have same/similar amenities?? Old build with more upkeep?

Not sure. Small, old building. I suppose another issue is board members have no time to spend digging into any of the costs. Care to share your boards expenses? I'll show you mine of you show me yours....

[pheoxs]

I'm often curious how much of those high condo fees are soaked up by the management company just wringing the condo. Anytime I see self-managed condos they're still comfortably in the ~$300 range and then as soon as its an externally managed one they're 600+. Feels like companies just keep creeping up their fees heavily.

[riander5]

This quote is hidden because you are ignoring this member. Show Quote

Not sure. Small, old building. I suppose another issue is board members have no time to spend digging into any of the costs. Care to share your boards expenses? I'll show you mine of you show me yours....

My condo fees in newer buildings are around 80 cents / sqft

Its all shit

Condos in AB - worst investment of all time

[msommers]

This quote is hidden because you are ignoring this member. Show Quote

Not sure. Small, old building. I suppose another issue is board members have no time to spend digging into any of the costs. Care to share your boards expenses? I'll show you mine of you show me yours....

Sold the place a year ago

[suntan]

This quote is hidden because you are ignoring this member. Show Quote

Your simpleton money supply explanation just solved the feds and worlds inflation problem you useless piece of shit. All your posts on this form are dumb political Trudeau bashing rants in the wind. Fuck off loser.

I'm an idiotic for even engaging. Jesus

Yes I would prefer that you take an econ course, which I have recommended to many people, because yeah I don't have two weeks solid to explain to you the basics of macro and micro economics.

You seem flummoxed by what's happening, you asked on a message board where multiple people have explained in layman's terms what is happening. You somehow expect a really long answer.

How can you even say my answer is "simpleton", when you yourself have no literally no idea what is happening, so how can you even judge the correctness of the answers that are given to you?

If it's not money printer go brrrr, then what?

I think the main issue is that there is no answer anyone here can provide that you can reconcile with your value system that doesn't call into question your value system.

Try reddit.

[XylathaneGTR]

Guys, can we just chill with all of this anger and get back to our roots of making fun of 89coupe's holier than thou approach to life? I propose we get together for a $95 lunch at Murrieta's and squash this beef.
No sense in gettin' your blood pressure spiked over a forum, homies.

[Xtrema]

This quote is hidden because you are ignoring this member. Show Quote

I'm often curious how much of those high condo fees are soaked up by the management company just wringing the condo. Anytime I see self-managed condos they're still comfortably in the ~$300 range and then as soon as its an externally managed one they're 600+. Feels like companies just keep creeping up their fees heavily.

Isn't that always to case until developer completely sold out the units? It's kind of a teaser rate to get you to buy.

[msommers]

Yeah condo management fees are all over the place. Our building was small and admittedly I was pretty happy with Astoria based out of Airdrie. Their fees are appropriate and responses timely. I've heard some serious horror stories from the likes of Boardwalk and Emerald that make me wonder how the Boards haven't fired them years ago.

Boards should be getting new contract quotes every couple years. CAON was our resident plumbing company for YEARS until I asked them to get quotes and check if that rate was still reasonable (I'm not in the industry, how would I know). Well turns out CAON was charging 2.5x of what others were willing to go to. Complacent boards who just check if the bills are being paid and if not, increase fees, are a rampant problem.

[riander5]

This quote is hidden because you are ignoring this member. Show Quote

I'm often curious how much of those high condo fees are soaked up by the management company just wringing the condo. Anytime I see self-managed condos they're still comfortably in the ~$300 range and then as soon as its an externally managed one they're 600+. Feels like companies just keep creeping up their fees heavily.

Could be, our one building is managed by First Service Residential... a quick look at their stock ticker and they certainly aren't losing a fucking dime. Wish I'd bought their stock instead of this stupid ass condo

[Tik-Tok]

Kickbacks increase condo fees by quite a bit.

[Manhattan]

This quote is hidden because you are ignoring this member. Show Quote

Yes I would prefer that you take an econ course, which I have recommended to many people, because yeah I don't have two weeks solid to explain to you the basics of macro and micro economics.

You seem flummoxed by what's happening, you asked on a message board where multiple people have explained in layman's terms what is happening. You somehow expect a really long answer.

How can you even say my answer is "simpleton", when you yourself have no literally no idea what is happening, so how can you even judge the correctness of the answers that are given to you?

If it's not money printer go brrrr, then what?

I think the main issue is that there is no answer anyone here can provide that you can reconcile with your value system that doesn't call into question your value system.

Try reddit.

The irony. My career and background revolve around economics. The more you know about something the more humble you should be about it. MMT as a theory has only been around a few decades. Heck the field of economics has been around for a century or two and its more art than science. There's a saying in the investment industry - nobody knows macro. Always more questions than answers.

All these assumptions are just baseless. I don't vote for a particular party consistently. The whole point is to keep each other in check.

[max_boost]

This quote is hidden because you are ignoring this member. Show Quote

My condo fees in newer buildings are around 80 cents / sqft

Its all shit

Condos in AB - worst investment of all time

Amen
Absolutely