Nanaimo BC, Canada… price is in CAD. That converts to $3.32 USD
I must say I am shocked that our prices are on par with or lower than anywhere in the US. I mean the conversion rate on the California price is insane in CAD:
Every kid is different, so maybe you’ll get lucky by that age. Definitely invest the time to do sleep training, which should be around the corner for you guys. We’ve been dealing with night terrors lately, so a lot of sudden wake ups in the middle of the night and confusion/freaking out. Takes a bit longer to get her back down after that type of episode.
Yes, your escrow can go up that much if your property tax, school tax, or in some cases insurance had a sudden jump in value or changes in what can be claimed. It varies by area and loan, but isn’t unheard of.
interesting, based on Zillow info my house doubled in price in the last 5 years, but my escrow only went up $20 in that time, mostly insurance, don’t tell my county tho 😂
My mortgage has gone up like $300 in the last 14 years due to taxes & insurance… but if I were still a renter it’d have gone up by $1000 (or more?) so I’m not complaining.
I mean, my house value quadrupled during that time, so it’s kinda fair that I’m paying more property taxes. As for the insurance… I gotta admit I haven’t paid much attention.
Unless you are selling the house (which still means you have to buy another one…) it’s paying for unrealized gains which the rich fucks making the rules tell us is so unfair whaaaa whaaaa whaaa (insert child crying noises here)
On the contrary: as a single-family homeowner, I’m being massively subsidized compared to the amount of city services and infrastructure I consume. (It could be worse: I could have a large lot in a car-dependent suburb instead of a small lot in a streetcar suburb and therefore be even more of a leech – i.e., like those rich fucks you’re talking about – but still, I’m definitely not paying my fair share of taxes.)
If you want to know who’s really getting ripped off, it’s all the renters in dense apartments. Not only are they paying extra so their landlords can profit, they’re paying even more because they’re the ones funding the subsidy for single-family homeowners like me. Basically, I’m exploiting them via the skewed way property taxes are assessed. Thanks for funding my privileged lifestyle, people too poor/unluckly to be able to buy a house! 🤑
(But seriously, it really is very unfair and we need to reform the property tax code and, even more importantly, the zoning code.)
It is so messed up how every part of our society is secretly tuned to make being poor trapped yet every rung up the ladder to being wealthy, the journey gets a little easier by hidden subsidies like this.
The problem is that property value of homes has nothing to do with cost of building out city services. In many areas the value of homes is going up much faster than the cost of maintaining the roads and services around them.
Property taxes should be tied to things like acreage, road access, zoning type, and the city’s budget. Not the free market value of the home, which is unrelated.
Housing prices have gone up roughly double in the last 10 years, while inflation has only gone up 35%.
It is extremely unfair to single homeowners to be paying for the housing demand increase, and I say this as someone who’s only able to rent. Those property taxes get passed right along to me through rent increases.
I watched the entire linked Not Just Bikes video, but I only read the first few paragraphs of that article. Linking to a full article like that is like the opposite of TL;DR.
I think we can agree urban sprawl is a problem. It forces a cities resources to get spread thinner and thinner as things are built out, and like your link video stated, it leaches from the downtown areas that are self-sustaining.
In my opinion the taxes should exactly reflect the expenses such that it incentives more efficient land use. What that would actually look like from a legal sense, I’m not going to pretend I know enough to write.
No, [land value taxes are] not like property taxes.
The important difference is that when you tax only the land and not the value of the improvements on top, it doesn’t discourage improving the land to its highest and best use the way that property taxes do.
For example, downtown properties with surface parking lots on them (or similarly underdeveloped uses, like self-storage warehouses) ought to pay the same tax as the skyscrapers next door. That’s how you make it stop being profitable to build shitty surface parking lots and self-storage warehouses on prime real estate.
Ditto for building McMansions on 1-acre lots instead of bungalows on 1/9-acre lots (or better yet, townhouses or small apartment buildings) in neighborhoods just outside of downtown.
Yes and no: yes in that the real cost has indeed drastically gone up, but no in the sense that the cost that the insurance company would actually pay would be based on the policy’s coverage limits, and I’m not sure if those have actually been adjusted to keep up…
My car insurance has doubled in less than 8 years. But don’t worry, it has less coverage too! Oh, but I’ll get a teeny tiny discount if I let them install a lowjack!
The saddest part is the beefy 5 layer burrito being what people that worked at Taco Bell would order and ask for it grilled for a reasonable cheap meal to now resulting in “WTF is there any ground beef here? WTF is there real cheese? Are these ‘beans’ safe to consume?”
Edit: my friend who previously worked there when in college asked if it was even beans on the thing…
Mortgage payments cover insurance and taxes in addition to the mortgage itself. Unless you have a variable rate mortgage the portion of the payment going to the loan doesn’t change but the amount needed to cover taxes and insurance can.
I think it’s typical to get a 5 year contract and having to renegotiate a new mortgage at the end of said contract. At least, it is here in Canada. Rate goes up, monthly payment goes up.
The Beefy 5-Layer Burrito at Taco Bell was introduced as part of the company’s “Why Pay More?” value menu in 2010, priced at 89 cents. Over time, like many fast-food items, the price of the Beefy 5-Layer Burrito increased due to inflation, rising food costs, and other economic factors.
The exact timing of each price change can vary by location and market, but in general, the price increased gradually over the years. By the mid-2010s, the price had risen to over a dollar, and by the late 2010s and early 2020s, the price could be found in the range of $1.50 to $2.00 or more, depending on the region and promotions.
Everyone shitting on you but your AI is right. It was about 9 months or so it lasted. I know because I took a course at the exact time and survived off those when I was broke as fuck. It doubled then like a year or two later had doubled again and that held until around Covid
It had the relevant information. There’s not a lot of educational resources regarding this important topic. I initially got downvoted because someone said the information was wrong. I don’t fucking care.
The fact it’s AI alone means it’s extra effort for any reader to determine if it’s actually true. What’s the point of posting claims if noone believes them until they do their own search? If you already checked it yourself, just post the actual source instead of AI’s plausible sounding BS.
Weird, 2012 was about when Brian Niccol took over as Chief Marketing Officer and then later became CEO of Taco Bell. Afterwards he moved to Chipotle and raised prices and lowered quality there too. Now he’s in the news for becoming the new Starbucks CEO where he will be commuting via private jet 600 miles 3 days a week.
So you’ll be happy to know that your extra money on tacos, burritos, and coffee goes to good use like paying this asshole millions of dollars to fly around on a private jet enshittifying everything he touches
And the cherry on top about that guy… he’s a union buster.
New Starbucks CEO Brian Niccol Has a History of Union-Busting. Niccol’s tenure as Chipotle CEO was marred by settlements over unfair labor practices and child labor law violations
Capitalism fanboys will read these posts and think to themselves “boy I sure am glad we’re not like the soviet union where a small cabal of elite deprived everyone else of a good life for their own benefit”
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