Depressingly, they bought a house in 1995 before the prices exploded. You need a 94th percentile income in Toronto to barely qualify for the average house.
HN user
aianus
[ my public key: https://keybase.io/aianus; my proof: https://keybase.io/aianus/sigs/NqmUPzQAi6aUnVmfh9eVVXLE9u7mvXlqdwQSqU4wpBg ]
How so? If you don’t touch the principal you can live off the investment returns forever and so can your descendants.
Nothing didn’t bother to support Verizon’s most important 4G band, it’s not blacklisted it just won’t work well outside of major cities.
https://www.theverge.com/23803460/nothing-phone-2-verizon-wo...
In Australia? The houses are like 30x-100x more expensive than a battery, how would this be possible?
This is what most airlines and hotels do, the best prices go on google flights and google hotels and the worst prices are in their own apps.
Who do you invoice if, for example, you own a vending machine that sells chips and sodas for cash or contactless? Why couldn’t this be treated the same?
Why would anyone prefer public transit over a self driving comfortable personal car?
I bet someone said the same thing about an email or an IM vs a handwritten letter at some point in the past but here we are.
The driver makes more than Uber does on (almost?) every ride. So they did.
If you genuinely refuse to use AI for any part of your job in 2026 you are the moron.
Of course, you can go too far in the other direction but that's not what your comment is describing.
Canada just gives you a fixed amount of cash every year for the sales tax that they estimate that you paid on a regular amount of consumption (HST credit) which solved that problem.
I don't think it's fair that someone who earns $400k and spends $400k is paying roughly the same taxes as someone earning $400k and spending $100k. You should pay more taxes the more luxurious your life is, not the more productive you are.
Grading assignments just punishes people that don't cheat on their homework. It's worse than worthless, it actively helps the worst students.
Yeah, pretty much. You can make enough money in 10-15 years in tech in America to last a lifetime in Europe, even without the remote job.
A semi-skilled English-speaking customer service agent in PH makes less than $700 a month to put this into perspective.
Working abroad is a totally reasonable proposition compared to working in the Philippines.
Working from the beach is much more enjoyable than working from a cubicle in Toronto in January all work tasks being equal.
Much cheaper too, ridiculously enough.
MyFitnessPal takes a lot of clicks to log one meal, I can just use natural language with openclaw.
There is no way a condo would continue to cost $2500/mo in a world where there isn't a concentration of well-paid office jobs in that location.
NK is safe from invasion because of conventional artillery pointed at Seoul.
That's why they were able to develop nuclear weapons in the first place.
Coke in Singapore is a different recipe with less sugar.
Sure but price to income has never been lower if you're willing to move and work remotely (or retire on investment income) somewhere cheaper.
If you want to live in the best real estate in the world and expect to continue doing so when you have no job, that's not going to happen. If you're willing to adapt and spread out you can live better and freer than ever in a hypothetical world where AI has taken most jobs.
Rent/mortgage would be dirt cheap if you didn't have to live near a job.
No, labor mobility means YOU can take a better job across town that pays 20% more without causing your rent to triple.
"Newcomers" to the rental market include every person who already lives in that city and hasn't moved out of their parents' house yet. Why should they be penalized even more for not being born sooner?
If they print enough money your other assets will go up (maybe enough to buy a house that has stayed flat in nominal terms)
This is basically the situation with housing in Canada actually, it's been down/flat in nominal terms since 2021 but if you owned US stocks during that time while waiting to buy then Canadian real estate is now much more affordable to you.
As a thought experiment would you not feel (much) poorer if houses suddenly cost >$5 million tomorrow and you didn't own one yet? Even if everything else cost the same? Even if everything else cost the same and your net worth went up $100k?
To add to that, an unemployed 28 year old living with his parents in the house that they own is a "homeowner" in most of these homeowner stats.
Someone needs to allocate capital, might as well be someone that has done it successfully in the past.
No.
They like walking around without a car AND without homeless addicts screaming at you for change.
Being an asshole doesn't harm your credit score unless it causes financial damages that you don't pay back.