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Old 05-15-2014, 01:32 PM   #23943
CRussel
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Posts: 12,299
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Join Date: Jul 2010
Location: Sunshine Coast, BC
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Quote:
Originally Posted by Bilbo1967 View Post
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!
Unless they're dot com multi-millionaires, it is several different shades of not easy. I'm up on the Sunshine Coast, and even the lower end of the Coast is no longer vaguely affordable. Up where I am it's still reasonable (for definitions of reasonable that include $350k for a starter house on a small lot with no view.) The TINY lot at the end of my block, barely big enough for a parked car and a single-wide, but with a great view, is asking $250k for the lot alone. No septic (and no room for a field, so you'll have to install your own treatment system), and water and electrical pulled to the lot line.
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