Thread: The Vent and Rant Thread
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Old 05-15-2014, 11:10 AM   #23942
Bilbo1967
Not scared!
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Quote:
Originally Posted by speakingtohe View Post
The housing market has dropped quite a bit where I live, but 320k is still typical for an older (55+years) 2 BR condo and new ones in the same area are typically 500,000
Downtown Vancouver, much higher, and West Vancouver, well a wee studio is over 1/2 a million.

http://beta.realtor.ca/propertyDetai...rtyId=13559662

And while we do have medicare it is not paid for by property taxes, wages are about the same as New Orleans and overall cost of living is far higher excluding housing, which is perhaps the second least affordable in the world.

http://www.cbc.ca/news/canada/britis...orld-1.2505524

I was fortunate to buy when I did. Pretty sure covingtoncat73 will be saying the same thing one of these days.

Helen
My brother and his wife are trying to buy their first home in Vancouver at the moment. I see now why it's not proving to be easy!
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