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Old Jan 9, 2013, 03:39 PM   #4
cadaveca
My name is Dave
 
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Join Date: Apr 2006
Location: The Great White North
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Quote:
Originally Posted by TheMailMan78 View Post
Man I hate it when I'm right.
Sure.

Quote:
Originally Posted by 3870x2 View Post
This has been quite obvious to anyone who isn't mentally retarded or living in a cave.
Right, but the real reasons as to why have been glossed over so hard by the media, I doubt anyone can really she through the shellac to the actual cause.


The global economy is truly in a recession right now. People simply cannot afford luxury stuff like PCs. I get so many comments from other parents locally, and they all say the same thing:




"How can you afford to have four kids?"



The house I live in now, 6 years ago would have cost $175k. Today, it's appraised at $475k.

If you want to buy a house here in Canada, you need a 15% down payment. For $475k, that's nearly $75k.

I bought my first house nearly 15 years ago with $4k in cash in my pocket.

That inflation is killer, and I live in the one country that apparently wasn't too affected by the recent global economic problems. I say that's BS, because if we haven't been affected, and this is going on, I cannot imagine how bad it is elsewhere.
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