- Joined
- Mar 23, 2021
My sense of what kind of money we are talking about is shit because I live in piss poor country where bank would tell me to fuck off if I ever asked loan above 80 000 on average pay here, but I feel like 340k mortgage is pretty hefty ass commitment WHEN you are chronically unemployed money wasting delusional asshole without realistic employment plans and piling expenses.
I'm mostly curious when the apartment is gonna be under fire? Is he gonna move somewhere with mommy when it will be finally gone?
it’s hard to overstate how insane property has been in the lower mainland for the last 20+ years. Things double every 7-10 years, so if Yaniv had bought the place five years ago and just not added to the mortgage, he’d have a fairly sizable nest egg. 360K is also at the very very bottom of the property ladder — a small condo in an outlying area. In Vancouver itself his unit would be more like 500K and up — way up if he wants a desirable area. Freestanding houses start at over a million and rise rapidly.
he appears to owe as much as the assessed value (which will be lower than its market value but not by a ton). That’s unusual unless he bought it last week, and suggests he’s been taking out equity. Mama Yaniv bought the condos with the sale proceeds of a Surrey townhome so he should have started with some equity.
His long term plan might be to let the condo go and try to grift into subsidized housing. ETA: the more I think about it the more I really think this is what he wants to do. Oger and a bunch of his heroes live in non-market housing downtown (BC housing, co-ops) and he would much rather live there than where he does. Of course getting those units usually means you’ve got some combination of connections and actual needs. But it fits with his self-image as a respected trans disability advocate.
Last edited: