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Another aspect of the mortgage crisis. by Peace_man2008-07-29 09:47:29
  The laws changed recently by subbywan2008-07-29 09:51:05
    That makes sense. by Peace_man2008-07-29 09:54:32
      Yes, both should be penalized. by Illiad2008-07-29 10:02:35
        The borrowers are penalized. by Peace_man2008-07-29 10:16:12
          Maybe 60/40? by Illiad2008-07-29 10:21:04
            Well - I could agree to that. by Peace_man2008-07-29 10:32:04
              Not "no return," no. by Illiad 2008-07-29 10:48:42
We agree there. There's zero point in laying waste to your consumer base.

This thread reminds me of a discussion I had with a 20-something junior sound engineer who I was interviewing for some piece work in the late 90s. He asked me what the compensation was, and I told him. The rate was above the industry mean for Vancouver.

He got a little snarky and asked for quite a bit more. I told him the budget was fixed so he had to take it or leave it. He grudgingly took it, and then he said, "This makes things hard for me."

"How do you mean?" I asked, not really wanting to know the answer.

"I want to live in Coal Harbour. This doesn't pay me enough so that I can."

Coal Harbour, btw, is a very nice, very trendy part of town. People who live there (today) are either the idle rich or have a household income in excess of a quarter of a million a year. He was an early-20s techie who, if he were lucky, could score a salary of around $40K today.

"I want to live in Coal Harbour." As if what he wanted should be enough to make it come to him on a silver platter.

[ Reply ]
                I will say, though, that I give him props for by merlin2008-07-29 10:52:15
                  A slight adjustment to 3) by Illiad2008-07-29 10:54:49
                    That's one way of reading it. by merlin2008-07-29 10:56:59
                In other words by MatthewDBA2008-07-29 10:52:56
                  In the subtext... by Illiad2008-07-29 10:55:46
                  Or, "Man, I was hoping this would be a sugar daddy by merlin2008-07-29 10:56:16
                I'd forgive him. He doesn't have enough by Peace_man2008-07-29 11:15:22

 

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