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Joined 1 year ago
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Cake day: October 25th, 2023

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  • Uhhhh.

    https://www.google.com/search?q=what+percentage+of+homes+are+over+%241+million

    Apparently per Redfin 8.5% of homes in the US are 7 figures or more. We’re not talking the 1% here.

    In California the median home price is almost $800,000.

    I’m in a HCOL area in Washington State and regularly see 3bdrm and sometimes 2bdrm condos for over 1 million.

    Not to mention sure your home is equity or net worth but most people only buy one and sell it anytime they move. Many of these people also planned on selling it / downsizing in retirement and converting it towards their retirement fund.

    Remember that “afford” doesn’t mean they have a million dollars. “afford” means they saved up a down-payment and then paid interest and mortgage payments (sometimes barely scraping by) for at least 30 years. Usually many more years if they moved from smaller house or a condo to a larger house when they decided to have a family (thereby starting a new mortgage for another 30 years). Or worst case, they haven’t paid it off and now are underwater on their mortgage.

    The banks are the ones making crazy money on all this.






  • I was able to look it up for my Canadian university, somewhat. Every year they issued the Calendar which included a section called tuitions and fees. It can be slightly complex to read depending on the degree you’re going for.

    https://www.ucalgary.ca/pubs/calendar/archives/index.html

    They have all the years it’s been digitally available in the link above. I suspect you could go to the campus library and find older publications to go back further.

    Generally you’re looking for “Undergraduate” and “Fees”. Depending on the year it’s a PDF, or a table in html.

    If you’re not used to reading it it can be painful and more complex the more recent it gets. Plus you need to sometimes know terms unique to that university.

    I. E. If they say Shulich they are referring to the Engineering program. If they say Haskayne they are referring to business. Most of the other programs are referred to by proper name, I. E. Music, Law, Medicine, etc.

    Most programs are 5 courses per semester though some may have you do 6 in the odd semester if you want to graduate in 4 years (alternatively you take longer, like my 4.5 years to get my B. SC, or fit them in in spring or summer)

    Generally you can assume a single course is 3 units, and a single semester will be 5 courses, if the table you’re looking at is showing you the price per 3 units.

    Unfortunately while the course price hasn’t gone up huge amounts (until the last few years where they tried to simplify things with categories), all those extra static fees, or extra charges for specific programs, per semester have gone up a lot.

    In 2003 the general fees for say engineering were $275. 5 courses were $2190. For a total of $2465 per semester.

    Divided back out that’s just under $500/course.

    In 2013 general fees are $588. Courses are $2666. Engineering specific fees are $30. For a total of $3254.

    Divided back out that’s about $650/course.

    In 2023 the general fees are about $834. The per course rate for engineering is category D, or $908 per course. That’s $5374/semester.

    Or about $1075/course.