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You keep moving the goal post. Only a few posts ago you were anti-technology. Then you called yourself a techy and listed a bunch of anti-apple tech. Now, you're talking about simply being anti-apple. My two and four year old play this game too. If they don't want daddy to put ball in...

You do realize that all of this has nothing to do with your original argument about car VS. phone, right?

Yes, I understand, you prefer to support companies whose phones blow up in your hands whereas I am supporting a company that has huge profits and is sitting on piles of cash. But, yes, I guess I love my phone too much and spend too much time on Facebook, because that is the grand generalization...

You are a "special" person aren't you: condemning the "bandwagon", but in the meantime you've jumped aboard.

I actually don't really believe you. I find it hard to believe that a successful tech guy would avoid anything more than a 20 Euro phone. Its more likely that you have crappy credit and can't afford an up to date one. I look at my own bill for a $0 iPhone ( cost of phone built into monthly...

Not everybody has a life as simple as yours. 8 years ago, I didn't have a cell phone at all. Now, however, my whole life depends on what I have on my phone. My business runs from an app that I designed myself on my iPhone. In other words, my $1000 phone supports my wife and two children.

This has got to be one of the more backwards comments I've read from you. The whole point of instant communication, whether it be through Facebook, phone, text or something else, is that it makes "getting around" much less important.

I'm not offended by her desire for a "date". I am offended by her shock that she got a bad reaction, and then lectured us for judging a supposedly attractive "woman". Yuck! I despise women who play this game of exploiting a reaction out of men, and then bashing men because she fails to get...

This is not a dating site. You came on here, and started a thread requesting this: "Looking for a single profitable male day trader". This is the internet. We are constantly bombarded with scams. For you to come on here with such a post yet be surprised with negative replies demonstrates to...

14 pages???! Wow, lots of single hopeful male traders on ET.

Glad that at least some individuals recognize that this is scheme to get them to buy something that is overpriced. https://ca.finance.yahoo.com/news/1st-time-homebuyers-no-thanks-160643104.html

Oh of course. Set a limit. Affordable Mortgage + property tax + reasonable maintenance must not exceed current rent, if they want to exploit loan. I'm all for that.

Not here in Canada. In fact, I think we're limited to a 25 year amortization. You then select your term up to a 10 year fixed.

Its pretty common. Not sure why you didn't see it 5 years ago. https://www.ratehub.ca/best-mortgage-rates

Yes, we do have the fixed rate mortgage. In fact, new rules in Canada require you to satisfy that you can afford the current (is it 5 year fixed at 4.8%?? - something like that). Most financially savvy people still choose the variable since its consistently lower than the fixed. My issue...

You are not understanding the issue. When interest rates are at an all time low, assuming a debt which is the maximum that you can afford, is a disaster begging to happen. Why? If interest rates rise, increasing demand on your income, unless your income also rises enough to compensate, you...

I'll let Jones answer your question fully, but I will tell you what impact Trump has on our house prices in Canada, or at least this is how I understand it. In the US, you were already at the beginning of a planned increased interest rates process. Trump's policies are widely viewed as highly...

The USA proved that it wasn't simply the problem of the person with bad math. The shared bad math crashed the entire world economy. Certainly, Canada won't have that same effect on the world economy, but I think your attitude of reducing it the problem of the individual is rather simplistic.

Of course! I can see ways to exploit it too, but I have money. I am more concerned about people who don't have money, and can't really afford it. These individuals will jump into unaffordable over-priced homes and find themselves in deep trouble. If you can't save the downpayment with your...

Agreed, but this is precisely why people with lower incomes who can't afford the down payment, should be avoiding the mortgage altogether. They are also trying to prop up house prices which are beginning to fall quite drastically thanks to that 15% tax. Let the house prices fall. Wait for...