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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="rickyb" data-source="post: 2560388" data-attributes="member: 56035"><p>yea i was talking to some people at work today about it. they say the city assessments dont actually reflect what the property is worth. i was looking at some listings right now and it looks like it is worth $2 million because there are regular houses going for 1.5 million. its just stupid. even if it dropped 60% it would still be unaffordable and out of wack if you ask me.</p><p></p><p>in vancouver and toronto, people have earned more money from capital appreciation on property than from all incomes combined.</p><p></p><p>the economy is screwy.</p></blockquote><p></p>
[QUOTE="rickyb, post: 2560388, member: 56035"] yea i was talking to some people at work today about it. they say the city assessments dont actually reflect what the property is worth. i was looking at some listings right now and it looks like it is worth $2 million because there are regular houses going for 1.5 million. its just stupid. even if it dropped 60% it would still be unaffordable and out of wack if you ask me. in vancouver and toronto, people have earned more money from capital appreciation on property than from all incomes combined. the economy is screwy. [/QUOTE]
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I drink your milkshake! a metaphor for capitalism
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