Post Living Differential
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While our pay rates continue to improve along the lines of the PS, at what point will they begin reviewing PLD amounts for the CF as a whole. Traditionally, those markets which were overinflated compared to the national average would receive (x) amount of dollars.
In today's housing market, it is almost impossible for single income families below the rank of MCpl IPC 2, to get decent housing. While affordable housing may exist, it is well below the standard with which I would consider acceptable for a military family to live in.
With mortgage lengths reaching 50 years, is this one of the standards they use to determine PLD? I believe that on average, a 50 yr vs 20 yr mortgage will reduce your payments by about 30%. While that increases someones available income, it just puts them in the hurt locker to the bank for longer.
Thoughts?
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#2 2 Weeks Ago
laps
Senior Member Join Date: Jun 2002
Posts: 220
PLD...
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Wonder if Edmonton is ever going to get some kind of PLD. Did a quick search on MLS and the CHEAPEST bungalow w/ 2 bedroom I could find was a 1918 crummy house in a questionnable neighbourhood for $249,000!!!
In comparison, I looked at other places that receives PLD:
- Halifax: Found way better houses for under $100,000 (with very nice ones under $200K)
- Borden: Found several properties below the $249K mark.
- Quebec City: Several houses under $100K, with over 300 houses to choose from below the price of Edmonton's crack house.
- Montreal (on the Island): A bit more expensive, but properties were still available in the $200K range (and more suitable than what is available for the same amount in Edmonton!!)
Of course, Toronto, Vancouver, etc... are also very expensive, but the current PLD takes this into consideration.
Not meant to be a business case, but I really wonder what's going on here.
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#3 2 Weeks Ago
bjc
Senior Member Join Date: Dec 2002
Location: YOD
Posts: 155
damn low taxes!
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We had a presentation on this topic a few weeks ago. The presenter said one of the factors that has prevented Albertans from getting any PLD is the lack of a PST. In the eyes of the bean counters (who don't own mortgages in Alberta) that automatically lowers the cost of everything here by at least 6%. Since they only calculate the PLD rates every few years it takes a few years of insane housing prices to catch up. I don't think the cheap gas or utilities in Alberta argument holds water anymore either. I also guarantee my 35% property tax increase this month wasn't considered either!
All that to say, if I was a betting man I'd bet on PLD for CYED, CYOD and CFF7 next time the rates get calculated, whenever that may be!
I can't wait to sell my home here someday and buy PEI with the profit. Problem is that I'd still want to live here...
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#4 2 Weeks Ago
Creek
Senior Member Join Date: Jul 2002
Location: Comox
Posts: 103
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BJC, I agree wholeheartedly. Although I know that I will receive some grief over this, but here in YQQ the housing prices are through the roof! On top of the that we are paying an average of $1.11 per litre of gas for our vehicles and to leave to Island it is at least another 100 bucks return, and the is on the Trans-Canada highway!!! Yes the weather is better than other places most of the time, but how many times did your power go out last winter due 70+ kph winds? Yet we receive NO PLD? No we don't live in Vancouver but it is certainly not cheap.
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#5 2 Weeks Ago
Riley73
Junior Member Join Date: Mar 2007
Location: Orleans
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Other interesting aspects: Ottawa and Gatineau are lumped in together as the National Capital Region, so that lower prices in Gatineau offset higher ones in Ottawa, as far as PLD is concerned. See link for the CF Backgrounder on PLD: http://www.forces.gc.ca/site/newsroo..._e.asp?id=1462. I do recall from a discussion with DCBA that PLD is a zero-sum game: ie, there are only x dollars in the pot, so that when PLD is re-assessed it will be removed from some locations and given to others. Unfortunately, I am no longer with CMP, so I have missed out on the recent discussions, but I am sure that the regional disparity will be a hot item at the monthly meeting, especially because the Army has so many troops affected by it in Edmonton and Wainwright.
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#6 2 Weeks Ago
Zipperhead
Senior Member Join Date: Jun 2002
Location: Lotus Land
Posts: 253
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Correct me if I am wrong - from what I am seeing it looks like it is expensive to live in Comox, Victoria,Vancouver, Calgary, Edmonton, Wainwright, Winnipeg, Toronto, Ottawa, Montreal and Halifax.
It seems like it is expensive to live everywhere in Canada, maybe this is just a fact of life and we should all accept it and move on.
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#7 2 Weeks Ago
wayned
wayned Join Date: Jun 2003
Location: Greenwood,NS
Posts: 56
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Unless you consider Gander, Goose, Greenwood, Bagotville, Trenton, The Jaw, and Cold Lake.... you know the bulk of the Airforce.
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#8 2 Weeks Ago
tweetie
Member Join Date: Jun 2002
Location: St. Albert (TD New Maryland 3-5yrs)
Posts: 91
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There was a time in the late 90s when there was an 11 dollar PLD amount for Edmonton.
Well with the crazy real-estate prices now bring on the PLD or else who in their right mind would want to get posted there again.
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#9 2 Weeks Ago
TacHell
Love2Fly Join Date: Jun 2002
Location: Over d' ere bye
Posts: 87
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Quote:
It seems like it is expensive to live everywhere in Canada
Not Quite! Here on the east coast $350,000.00 will still get you a mansion. Look in Sherwood Park for example (about 25-30 min commute to CYED) and $350,000.00 gets you a 1000 sqft town house, or 1960s era, average condition 1000 sqft bungalow. In the last 12 months, real estate in the city of Edmonton has increased an average of 40%. Sounds a little more expensive there than most places in the country. The place I sold 3 yrs ago east of Sherwood park has more than doubled in price. Can't say that for my house here in NB. If there is no PLD soon, then those posted from areas such as Gagetown to Edmonton will have but two choices - live in squalor, or proceed on IR.
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#10 2 Weeks Ago
Coaker
Member Join Date: May 2002
Location: Edmonton
Posts: 76
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Quote:
Originally Posted by Zipperhead
It seems like it is expensive to live everywhere in Canada, maybe this is just a fact of life and we should all accept it and move on.
Tell that to the no-hook private getting posted to Edmonton! The same individual who gets paid the same no matter where he's posted.
At the end of the day, the whole concept of Post Living DIFFERENTIAL should be meant that a soldier ends up with the same "buying power" in one place or another. So if the big wigs figure out that a 6yr captain pilot is worth $95K, then the value of that $95K should be the same whether you live in QQ, MJ, ED, OD, TR or CX. Right now, this is NOT the case!!
I am quite happy with my situation as I will sell my $130K condo bought 5 yrs ago for something like $325K+, but I sure won't want to come back anywhere near here after. As Coaker said, the ones I really wonder about are those with a lower income (Ptes, Cpls, 2Lts...) posted here. Maybe it's going to turn out like Victoria and as soon as one goes to the food bank...
In the meanwhile, we'll keep on reading about soldier's wives (whose husbands are in Afg), being evicted from their appartment
Glad that those involved in the decision process are receiving near $1000 in YOW!
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#12 2 Weeks Ago
Woody0305
Senior Member Join Date: Sep 2003
Location: Cold Lake
Posts: 194
Refusing postings
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Last night doing a night refresher, my crew actually talked a little bit about this. And it would seem that there are people out there refusing postings to certain areas ED, OD, QQ because the housing prices are so ridiculous... unless they go IR.
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#13 2 Weeks Ago
Otter
Member Join Date: Oct 2002
Posts: 57
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A) You can refuse a posting?
B) Laps, what you said about stories in the paper about people being evicted...is that because of the rent control fiasco and skyrocketing rents?
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#14 2 Weeks Ago
Zipperhead
Senior Member Join Date: Jun 2002
Location: Lotus Land
Posts: 253
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Quote:
Originally Posted by Otter
A) You can refuse a posting?
Nope - unless you want to stay in Edmonton via the jail cells.
Imposed Restriction is always an option - Career Managers aren't taking the "post me and I'll get out" bluff - record number of releases this year at QQ due to that very tactic.
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#15 2 Weeks Ago
coldsmoke
Junior Member Join Date: May 2002
Location: Edmonton
Posts: 3
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One of my colleagues here in KAF was discussing the cost of living issue with the CF CWO while he was here (along with the CDS and the Stanley Cup). Apparently the PLD issue will be re-evaluated in the near future especially considering the real estate costs in Edmonton.
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#16 2 Weeks Ago
littlegreenhelo
LGH Join Date: May 2002
Location: Edmonton
Posts: 55
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Quote:
Originally Posted by Otter
A) You can refuse a posting?
Well, a wise man once told me - you can do whatever you want, just know that there are consequences.
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#17 2 Weeks Ago
laps
Senior Member Join Date: Jun 2002
Posts: 220
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There's been a couple of article in Edmonton's papers. In some cases, it was because people could not afford the rent hike. In another case, it was because the appartment complex was going to be sold as individual condos. A local survey in the paper had it that 75% of the local population supported financial assistance for CF pers posted to the region.
As I said, I am a the lucky end of all of this. I will make a lot money upon posting and my income suffices to cover for the high property taxes and the expensive Timmy Coffee (yes, it is more expensive here... that's what happen when you have to pay your employees more than $12/hr at Tim's!!). I am more concerned about those that are just getting posted and/or have a lesser income.
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#18 2 Weeks Ago
MacCloud9
Senior Member Join Date: Sep 2002
Location: HicksVille/Ottawa on the River
Posts: 599
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Quote:
Originally Posted by laps
Glad that those involved in the decision process are receiving near $1000 in YOW!
I wish! PLD for Ottawa on the river is currently $196/mth. Taranna on the other hand is $1000+, depending on where you are located inside the GTA.
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#19 1 Week Ago
jeanyvest
Member Join Date: May 2002
Location: Cold Lake, AB
Posts: 55
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Quote:
Imposed Restriction is always an option - Career Managers aren't taking the "post me and I'll get out" bluff - record number of releases this year at QQ due to that very tactic.
I guess it is not a bluff when you actually do it.
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#20 1 Week Ago
laps
Senior Member Join Date: Jun 2002
Posts: 220