this post was submitted on 29 Nov 2024
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[–] [email protected] 111 points 5 days ago (2 children)

Man that sounded wild to me, so I dug around a bit and it's fucking true. Although the amount is closer to $110,000 it's still insane.

[–] [email protected] 94 points 5 days ago (2 children)

Hey, we heard you can't afford a house, so we're charging you fines in the amount of what it would have cost to buy a house.......we're so cool! We solved homelessness! Because now if you want to be homeless, it actually costs more to NOT buy a house. So you may as well just buy a house!

We did it guys! We ended the concept of homelessness! High five!

[–] [email protected] 47 points 5 days ago (2 children)

I mean why don't the homeless just buy a house? Are they stupid?

[–] [email protected] 40 points 5 days ago (1 children)

Have they tried just being rich and buying their own building to sleep in front of?

[–] [email protected] 33 points 5 days ago

Maybe it's their broke mentality that's the issue bro stay on the grind 🔥 💯

[–] [email protected] 11 points 5 days ago* (last edited 5 days ago)

Something something bootstraps and avocado toast?

[–] [email protected] 19 points 5 days ago (3 children)

we're charging you fines in the amount of what it would have cost to buy a house

Oh how I wish I could buy a house for that kind of money. You should go look at what housing costs in Canadian cities.

[–] [email protected] 12 points 4 days ago

The prices are ludicrous and the salaries are a lot less than our US counter part.

It's funny because during the Covid, at the start of the latest housing bubble, we saw so many people saying "it's easy, just move to a place where it's affordable just like I did". People have done that, and now even in bumfuck nowhere it's expensive and people are now complaining that their bumfuck nowhere has become too expensive for them.

Shit's fucked yo.

[–] [email protected] 11 points 5 days ago

If you can produce $110k in fines you can probably also pull off a downpayment and at least a few years of payments. If you can’t buy a house that’s still several years of renting.

[–] [email protected] 3 points 5 days ago* (last edited 5 days ago) (2 children)

$169k https://www.realtor.ca/real-estate/27687505/158-douglas-avenue-fredericton

Although the being sold "AS IS, WHERE IS" is a bit concerning. Flood risk maybe?

[–] [email protected] 2 points 4 days ago

Fairly common for older houses.

I'll be selling mine "as is where is" in a few months. Nothing wrong with it, just don't want the liability. Buyers will have an inspection and then make a decision on whether or not to buy it from that report.

Bought for $80k, put a ton of work into it, and will be selling for ~$250k, stair stepping into what we really want. (Also, USA, not Canada)

[–] [email protected] 3 points 4 days ago

It's in Fredericton. It's so tiny, I don't know if I can even call that place a city.

[–] [email protected] 10 points 5 days ago* (last edited 5 days ago)

Yeah, it was from awhile ago. I couldn't remember if it was one or two hundred thousand. I've corrected my comment to be more accurate. Here's an article on it.

https://www.cbc.ca/news/canada/montreal/montreal-homeless-man-100k-fines-1.3473707