Post: #26

I could definetly save 600 a month even if I rent.
How do you guys feel about saving that money and using it as a down payment on a condo. (10% on a 200-250k studio/bachelor)

That seems like the thing everyone is telling me to do.

Post: #27

Toronto has one of the best rent/buy ratios in the world.

You can rent a $400,000 condo for $1500. Try doing that in the USA.


Rent what you can afford with 35% of your monthly pay and save a chunk of each pay in your TFSA.

If Toronto's condo market goes to sh!t you can be sure the bachelor/1 bdr are going to be the most affected.

Post: #28

The one thing that's holding me back and making me anxious are my student loans. I don't have to start paying that until 2017 October though.

Post: #29

(08-03-2015 07:57 AM)SnowHugger Wrote:  I could definetly save 600 a month even if I rent.
How do you guys feel about saving that money and using it as a down payment on a condo. (10% on a 200-250k studio/bachelor)

That seems like the thing everyone is telling me to do.

Given that most people suck at life, it's probably a bad idea if everyone is telling you to do it. It's not a market top until everyone thinks they're going to double their money.

Post: #30

(08-03-2015 07:57 AM)SnowHugger Wrote:  I could definetly save 600 a month even if I rent.
How do you guys feel about saving that money and using it as a down payment on a condo. (10% on a 200-250k studio/bachelor)

That seems like the thing everyone is telling me to do.

NO. DO NOT DO THIS.

The Toronto real estate market is one of the most overvalued housing markets in the country (behind only Vancouver). It's overdue for a correction of at least 30%.

Right now is absolutely the worst time you could buy. Don't let other people's ignorance regarding basic macroeconomics screw your future over.

Do what everyone here mentioned earlier - save it as 'fuck you' money.

Post: #31

Some Vintage Roosh is called for here --

Post: #32

I've found a place for 700/month Inc utilities.

Probably going to end up being 1300/month including everything all the other expenses (phone, gas, food, etc)

If I don't move out now, it'll be either next year or 2 years later. Gonna be 24

Or I can have all this fuck you money that will probably just be used to pay off student loan, travelling, etc.

Post: #33

You're gonna be struggling in downtown Toronto with your income. You might wanna consider getting a place along a subway line that can get you downtown in 15-20 minutes.

You may also want to be patient and continue living with your parents until you save up enough. It sucks but we all have to do it and it usually works out better in the end.

Post: #34

(08-03-2015 08:31 AM)Peregrine Wrote:  

(08-03-2015 07:57 AM)SnowHugger Wrote:  I could definetly save 600 a month even if I rent.
How do you guys feel about saving that money and using it as a down payment on a condo. (10% on a 200-250k studio/bachelor)

That seems like the thing everyone is telling me to do.

Given that most people suck at life, it's probably a bad idea if everyone is telling you to do it. It's not a market top until everyone thinks they're going to double their money.

This is how a lot of young people have a relatively high net worth compared to income. They bought a place for 300k with 5% down. 2 years later they sold it for 400k. They made over 100k in equity in a deal with little money invested for spectacular returns.


I wouldn't buy a place personally but I do admit the potential gains in doing so with high leverage. Leverage has made a lot of people rich but it can also make a rich person dead broke on a crash.

Post: #35

(08-03-2015 11:07 AM)lavidaloca Wrote:  

(08-03-2015 08:31 AM)Peregrine Wrote:  

(08-03-2015 07:57 AM)SnowHugger Wrote:  I could definetly save 600 a month even if I rent.
How do you guys feel about saving that money and using it as a down payment on a condo. (10% on a 200-250k studio/bachelor)

That seems like the thing everyone is telling me to do.

Given that most people suck at life, it's probably a bad idea if everyone is telling you to do it. It's not a market top until everyone thinks they're going to double their money.

This is how a lot of young people have a relatively high net worth compared to income. They bought a place for 300k with 5% down. 2 years later they sold it for 400k. They made over 100k in equity in a deal with little money invested for spectacular returns.


I wouldn't buy a place personally but I do admit the potential gains in doing so with high leverage. Leverage has made a lot of people rich but it can also make a rich person dead broke on a crash.

True, and it's a no brainer if you know prices will continue to advance. But someone has to be left holding the bag in the end. I guarantee that 99% of the kids who made that 100k plug it right back into the next property with 5% down hoping to repeat the previous fortune. As they say, unrealized profit isn't.

The only way I'd recommend it is if you don't care about your credit and don't mind defaulting if prices plummet and you can't/don't want to pay your underwater mortgage.

Quote:Or I can have all this fuck you money that will probably just be used to pay off student loan, travelling, etc.

Again, why do you have to use it? Keep your powder dry (look up "dry powder" if you don't know the expression).

Post: #36

(08-03-2015 11:23 AM)Peregrine Wrote:  

(08-03-2015 11:07 AM)lavidaloca Wrote:  

(08-03-2015 08:31 AM)Peregrine Wrote:  

(08-03-2015 07:57 AM)SnowHugger Wrote:  I could definetly save 600 a month even if I rent.
How do you guys feel about saving that money and using it as a down payment on a condo. (10% on a 200-250k studio/bachelor)

That seems like the thing everyone is telling me to do.

Given that most people suck at life, it's probably a bad idea if everyone is telling you to do it. It's not a market top until everyone thinks they're going to double their money.

This is how a lot of young people have a relatively high net worth compared to income. They bought a place for 300k with 5% down. 2 years later they sold it for 400k. They made over 100k in equity in a deal with little money invested for spectacular returns.


I wouldn't buy a place personally but I do admit the potential gains in doing so with high leverage. Leverage has made a lot of people rich but it can also make a rich person dead broke on a crash.

True, and it's a no brainer if you know prices will continue to advance. But someone has to be left holding the bag in the end. I guarantee that 99% of the kids who made that 100k plug it right back into the next property with 5% down hoping to repeat the previous fortune. As they say, unrealized profit isn't.

The only way I'd recommend it is if you don't care about your credit and don't mind defaulting if prices plummet and you can't/don't want to pay your underwater mortgage.

Quote:Or I can have all this fuck you money that will probably just be used to pay off student loan, travelling, etc.

Again, why do you have to use it? Keep your powder dry (look up "dry powder" if you don't know the expression).

I don't have to use it right now, you're right.
Weird feeling about just letting it sit there though. Is there anything I can do with it to grow it?

I will need to pay off OSAP later on. (2017)

Post: #37

Quote:Weird feeling about just letting it sit there though. Is there anything I can do with it to grow it?

That's understandable, and a result of growing up in a consumerist society. Succumb to that feeling at your own peril. Most of our society spends everything they make and live in perpetual debt. They are no better than the slaves in Roman times. At least Roman slaves didn't have to pretend to like their master.

You can grow it in a savings account. Yes, interest rates are shit. You can thank our corrupt governments for disincentivizing saving.

Post: #38

You have a gift and you dont know it. I have heard Canadians are not taxed on their earnings outside Canada.

You are you and not me but if it was me I would RUN as far away from Toronto as possible and have a great life somewhere like China.

Why stay and make jack shit when you can make that anywhere in the world?

Post: #39

(08-03-2015 03:33 PM)offthereservation Wrote:  You have a gift and you dont know it. I have heard Canadians are not taxed on their earnings outside Canada.

You are you and not me but if it was me I would RUN as far away from Toronto as possible and have a great life somewhere like China.

Why stay and make jack shit when you can make that anywhere in the world?

Internship and got 1 more year of university left after.

Post: #40

You're young, get a cheap as fuck place in that case.

You can get under 500$/month close to downtown if you live with roommates. You just have to look thoroughly. It won't be the best place(possibly in a basement) but you'll save money and it'll be more than good for your age.

Post: #41

You have not answered the important question of how you're gonna go out fishing for women. Do you plan to do full-blown nightgame? Daygame? Or social circle/online? Because if it's the former it's very important where you live; if it's the latter you can live anywhere that's at least conveniently accessible (subway line) for yourself/friends/girls.

Post: #42

(08-05-2015 01:34 PM)civpro Wrote:  You have not answered the important question of how you're gonna go out fishing for women. Do you plan to do full-blown nightgame? Daygame? Or social circle/online? Because if it's the former it's very important where you live; if it's the latter you can live anywhere that's at least conveniently accessible (subway line) for yourself/friends/girls.

I think I'm much better at daygame, but definetly need to work on night game. I can run daygame at local colleges during school year if I don't move out. Literally going to pull a Gio. I try going out at night 3 days a week while living at home, but very demotivated because my logistics are shit. Literally 30 mins from clubs by driving.

Seeing all the replies and everything. I don't think I'll move out and just save my money. $500 to live on subway line doesn't sound like it will be that much better to pull. I can drive either way. Guessing the next learning curve for me is to learn to pull to their place.

Post: #43

Does the recent Canadian population and media behavior against free speech make any Canadians want to move out? Its much further gone than i thought based on the current hatred toward Roosh. Note that the US events did not even cause anyone to raise an eyebrow.

Post: #44

Bad idea. Reasons why Toronto is a sledgehammer to a man's soul and testicles have been amply documented here and elsewhere.

I'd like to bring a recent act of public misandry to the fore in the following link:

http://www.blogto.com/city/2015/07/bad_f...e_tweeted/ via @blogTO

You want to move to Toronto? Here you're either in or out and if you're out you're a laughingstock. Sometimes when you're "in" you're even a joke (that's if you're a man).

Here's a guy who obviously has done a lot to fit a particular mold to be acceptable to some group - a Toronto "in" for the most part. Despite our instincts about his weakness and even immasculated presentation, let's credit him with following society's rules. In this scenario, he's applying some weak form of game but at least he's out there and he managed to get a date (and was bright enough not to make it a cheap coffee date). THEN.........Some gross clandestine feminazi titillates herself by castrating this guy over twitter and look at the animosity it unleashes! A bunch of appalling, tattooed sows are just elated and think it brilliant that some she-beast took it upon herself to compound a young, straight man's suffering.

The women in Toronto tend to be angry, mean-spirited losers who actually hate men. You'll find that many are children of divorce. I've long found that divorce turns a little girl into a gifted 8th grade fellatrix and then bitter bitch in adulthood. T.O women think they are very cool but they're not - they just think that by swearing a lot and rebelling in a variety of forms is cool. It gives you a small taste of the high-school mentality that thrives here. Personally, I am leaving. Let every red-blooded man follow suit and girls will be left with the manginas their very DNA has coded them to reject. But then, I sometimes wonder if they WANT things to end badly. Stupid. Stupid. Stupid.

Post: #45

(08-15-2015 04:23 PM)HatingTdot Wrote:  Bad idea. Reasons why Toronto is a sledgehammer to a man's soul and testicles have been amply documented here and elsewhere.

I'd like to bring a recent act of public misandry to the fore in the following link:

http://www.blogto.com/city/2015/07/bad_f...e_tweeted/ via @blogTO

That dude has cringeworthy game. I don't blame the girl for bolting. That guy has negative game, nobody likes hanging out with someone like that.

Why is your username "HatingTDot?"

That seems like an extremely negative username. I can't imagine having that kind of mindset helping you.

Post: #46

My moniker is definitely a little strong but it comes from clear observation as opposed to pessimism or misery.

(08-15-2015 07:37 PM)Saladin Wrote:  

(08-15-2015 04:23 PM)HatingTdot Wrote:  Bad idea. Reasons why Toronto is a sledgehammer to a man's soul and testicles have been amply documented here and elsewhere.

I'd like to bring a recent act of public misandry to the fore in the following link:

http://www.blogto.com/city/2015/07/bad_f...e_tweeted/ via @blogTO

That dude has cringeworthy game. I don't blame the girl for bolting. That guy has negative game, nobody likes hanging out with someone like that. Why is your username "HatingTDot?"

That seems like an extremely negative username. I can't imagine having that kind of mindset helping you.

Post: #47

I don't have enough energy for hate. That's wasted energy that just poisons your own vibe. You should be focused instead on getting out of Toronto. Hating it doesn't accomplish anything and will make you unhappy.

I used to "hate" Toronto. Believe me, I'm a million times happier now that I let go of that.

"Wherever you are, there you are".

(08-15-2015 07:41 PM)HatingTdot Wrote:  My moniker is definitely a little strong but it comes from clear observation as opposed to pessimism or misery.

(08-15-2015 07:37 PM)Saladin Wrote:  

(08-15-2015 04:23 PM)HatingTdot Wrote:  Bad idea. Reasons why Toronto is a sledgehammer to a man's soul and testicles have been amply documented here and elsewhere.

I'd like to bring a recent act of public misandry to the fore in the following link:

http://www.blogto.com/city/2015/07/bad_f...e_tweeted/ via @blogTO

That dude has cringeworthy game. I don't blame the girl for bolting. That guy has negative game, nobody likes hanging out with someone like that. Why is your username "HatingTDot?"

That seems like an extremely negative username. I can't imagine having that kind of mindset helping you.

Post: #48

Save your money so that you can leave Ontario. Preferably out of Canada completely but if that is not feasible at least try to aim for Montreal or Calgary.

Post: #49

Calgary? Maritime pussy is easier bro

(08-15-2015 07:57 PM)beta_plus Wrote:  Save your money so that you can leave Ontario. Preferably out of Canada completely but if that is not feasible at least try to aim for Montreal or Calgary.

Post: #50

Move out? Just check out my handle haha

(08-13-2015 07:57 AM)offthereservation Wrote:  Does the recent Canadian population and media behavior against free speech make any Canadians want to move out? Its much further gone than i thought based on the current hatred toward Roosh. Note that the US events did not even cause anyone to raise an eyebrow.