canadian bubble

[70Degrees]

We just sold our house in Canada. We set an all-time record for our subdivision with the price we wanted. It was on the market for <2 weeks.

One of our neighbors sold their house before it even got listed, and at least three forsale-by-owners have sold on my street (of 40 houses) in the last month. One of which apparently had a bidding war.

We're about an hour west of Toronto in a town of 100k and all of this activity was in the ~$500k range.

The market is very active but it doesn't feel like a bubble yet. While prices are strong, they haven't started to go up really fast (more like just holding strong) and we aren't seeing lots of speculation or a ton of new building.

We're taking advantage of our strong market here and our par dollar to move to the San Diego area. I have to say we're nervous about leaving the "socialist" health care behind, but leaving the cold winters behind should make up for it.

[Nor-LA-SD-guy]

The one thing I think people don’t think about and get wrong when they talk about housing bubbles in places like Canada and China, is they really don’t have the crazy finance Options we had during 2003-2006 in the U.S.A. (especially California).

In china 20% down is minimum for housing, to tell the truth most still pay cash.

That not to say there are not other forms of finance bubble trouble but it’s not at the consumer level, it’s more at the Gov level and that is easier to monetize.

If Greece had control of their own currency, it would almost be an non issue.

[Nor-LA-SD-guy]

The one thing I think people don’t think about and get wrong when they talk about housing bubbles in places like Canada and China, is they really don’t have the crazy finance Options we had during 2003-2006 in the U.S.A. (especially California).

In china 20% down is minimum for housing, to tell the truth most still pay cash.

That not to say there are not other forms of finance bubble trouble but it’s not at the consumer level, it’s more at the Gov level and that is easier to monetize.

If Greece had control of their own currency, it would almost be an non issue.

[Nor-LA-SD-guy]

The one thing I think people don’t think about and get wrong when they talk about housing bubbles in places like Canada and China, is they really don’t have the crazy finance Options we had during 2003-2006 in the U.S.A. (especially California).

In china 20% down is minimum for housing, to tell the truth most still pay cash.

That not to say there are not other forms of finance bubble trouble but it’s not at the consumer level, it’s more at the Gov level and that is easier to monetize.

If Greece had control of their own currency, it would almost be an non issue.

[Nor-LA-SD-guy]

The one thing I think people don’t think about and get wrong when they talk about housing bubbles in places like Canada and China, is they really don’t have the crazy finance Options we had during 2003-2006 in the U.S.A. (especially California).

In china 20% down is minimum for housing, to tell the truth most still pay cash.

That not to say there are not other forms of finance bubble trouble but it’s not at the consumer level, it’s more at the Gov level and that is easier to monetize.

If Greece had control of their own currency, it would almost be an non issue.

[Nor-LA-SD-guy]

The one thing I think people don’t think about and get wrong when they talk about housing bubbles in places like Canada and China, is they really don’t have the crazy finance Options we had during 2003-2006 in the U.S.A. (especially California).

In china 20% down is minimum for housing, to tell the truth most still pay cash.

That not to say there are not other forms of finance bubble trouble but it’s not at the consumer level, it’s more at the Gov level and that is easier to monetize.

If Greece had control of their own currency, it would almost be an non issue.

[svelte]

[quote=70Degrees]
We’re taking advantage of our strong market here and our par dollar to move to the San Diego area. I have to say we’re nervous about leaving the “socialist” health care behind, but leaving the cold winters behind should make up for it.
[/quote]

I would be curious to hear what you have thought of Canadian health care.

Were there long waits?

What did you like? What did you dislike?

I’m not taking sides, just curious.

[svelte]

[quote=70Degrees]
We’re taking advantage of our strong market here and our par dollar to move to the San Diego area. I have to say we’re nervous about leaving the “socialist” health care behind, but leaving the cold winters behind should make up for it.
[/quote]

I would be curious to hear what you have thought of Canadian health care.

Were there long waits?

What did you like? What did you dislike?

I’m not taking sides, just curious.

[svelte]

[quote=70Degrees]
We’re taking advantage of our strong market here and our par dollar to move to the San Diego area. I have to say we’re nervous about leaving the “socialist” health care behind, but leaving the cold winters behind should make up for it.
[/quote]

I would be curious to hear what you have thought of Canadian health care.

Were there long waits?

What did you like? What did you dislike?

I’m not taking sides, just curious.

[svelte]

[quote=70Degrees]
We’re taking advantage of our strong market here and our par dollar to move to the San Diego area. I have to say we’re nervous about leaving the “socialist” health care behind, but leaving the cold winters behind should make up for it.
[/quote]

I would be curious to hear what you have thought of Canadian health care.

Were there long waits?

What did you like? What did you dislike?

I’m not taking sides, just curious.

[svelte]

[quote=70Degrees]
We’re taking advantage of our strong market here and our par dollar to move to the San Diego area. I have to say we’re nervous about leaving the “socialist” health care behind, but leaving the cold winters behind should make up for it.
[/quote]

I would be curious to hear what you have thought of Canadian health care.

Were there long waits?

What did you like? What did you dislike?

I’m not taking sides, just curious.

[70Degrees]

[quote=svelte]
I would be curious to hear what you have thought of Canadian health care.

Were there long waits?

What did you like? What did you dislike?

I’m not taking sides, just curious.[/quote]

I grew up here, so its hard to compare our health care to any other health care as I don’t know any other. That said ..

I think we have good care. The only waits I ever really hear about are for specialized tests and surgeries for things that aren’t immediately life threatening. If you are dying or something, they’ll get you in. If you have a cold or you got drunk and fell and hit your head, well, you may wait.

My first hand experience on the test side is mixed. I had an issue that got diagnosed as something that wasn’t urgent and hence my tests were scheduled 6 months out. 5 months later it turned out it WAS an urgent issue and I got in for surgery that day and had all the tests I needed within hours. I ended up spending a few weeks in the hospital. It didn’t cost me anything. I did have supplemental employer health insurance, but thats only to cover the upgrade from a shared hospital room to a semi private room – it didn’t change my care level at all.

People don’t go bankrupt because they had to go to the hospital, and people don’t avoid going to the doctor because they can’t afford it. That said, in my case it would have been nice to have the option to pay and get my test sooner.

[70Degrees]

[quote=svelte]
I would be curious to hear what you have thought of Canadian health care.

Were there long waits?

What did you like? What did you dislike?

I’m not taking sides, just curious.[/quote]

I grew up here, so its hard to compare our health care to any other health care as I don’t know any other. That said ..

I think we have good care. The only waits I ever really hear about are for specialized tests and surgeries for things that aren’t immediately life threatening. If you are dying or something, they’ll get you in. If you have a cold or you got drunk and fell and hit your head, well, you may wait.

My first hand experience on the test side is mixed. I had an issue that got diagnosed as something that wasn’t urgent and hence my tests were scheduled 6 months out. 5 months later it turned out it WAS an urgent issue and I got in for surgery that day and had all the tests I needed within hours. I ended up spending a few weeks in the hospital. It didn’t cost me anything. I did have supplemental employer health insurance, but thats only to cover the upgrade from a shared hospital room to a semi private room – it didn’t change my care level at all.

People don’t go bankrupt because they had to go to the hospital, and people don’t avoid going to the doctor because they can’t afford it. That said, in my case it would have been nice to have the option to pay and get my test sooner.

[70Degrees]

[quote=svelte]
I would be curious to hear what you have thought of Canadian health care.

Were there long waits?

What did you like? What did you dislike?

I’m not taking sides, just curious.[/quote]

I grew up here, so its hard to compare our health care to any other health care as I don’t know any other. That said ..

I think we have good care. The only waits I ever really hear about are for specialized tests and surgeries for things that aren’t immediately life threatening. If you are dying or something, they’ll get you in. If you have a cold or you got drunk and fell and hit your head, well, you may wait.

My first hand experience on the test side is mixed. I had an issue that got diagnosed as something that wasn’t urgent and hence my tests were scheduled 6 months out. 5 months later it turned out it WAS an urgent issue and I got in for surgery that day and had all the tests I needed within hours. I ended up spending a few weeks in the hospital. It didn’t cost me anything. I did have supplemental employer health insurance, but thats only to cover the upgrade from a shared hospital room to a semi private room – it didn’t change my care level at all.

People don’t go bankrupt because they had to go to the hospital, and people don’t avoid going to the doctor because they can’t afford it. That said, in my case it would have been nice to have the option to pay and get my test sooner.

[70Degrees]

[quote=svelte]
I would be curious to hear what you have thought of Canadian health care.

Were there long waits?

What did you like? What did you dislike?

I’m not taking sides, just curious.[/quote]

I grew up here, so its hard to compare our health care to any other health care as I don’t know any other. That said ..

I think we have good care. The only waits I ever really hear about are for specialized tests and surgeries for things that aren’t immediately life threatening. If you are dying or something, they’ll get you in. If you have a cold or you got drunk and fell and hit your head, well, you may wait.

My first hand experience on the test side is mixed. I had an issue that got diagnosed as something that wasn’t urgent and hence my tests were scheduled 6 months out. 5 months later it turned out it WAS an urgent issue and I got in for surgery that day and had all the tests I needed within hours. I ended up spending a few weeks in the hospital. It didn’t cost me anything. I did have supplemental employer health insurance, but thats only to cover the upgrade from a shared hospital room to a semi private room – it didn’t change my care level at all.

People don’t go bankrupt because they had to go to the hospital, and people don’t avoid going to the doctor because they can’t afford it. That said, in my case it would have been nice to have the option to pay and get my test sooner.

[Author]

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