3 ms·
$313k? That's a pittance compared to Vancouver where the average home is over $1M. Even in the shitty east side with drug-dealers and prostitutes hanging out on
by cpncrunch 11y ago
$313k? That's a pittance compared to Vancouver where the average home is over $1M. Even in the shitty east side with drug-dealers and prostitutes hanging out on your street you still pay over $1M for a detached home.
- ryanSrich 11y agoFair enough. Perhaps rental was a better comparison. They are very close, and Portland pays way less than Vancouver (in addition to the US not having healthcare) - I'd say it's more expensive to buy in Vancouver, more expensive to rent in Portland. 1. https://www.rentjungle.com/average-rent-in-vancouver-bc-rent-trends/ https://www.rentjungle.com/average-rent-in-vancouver-bc-rent... 2. https://www.rentjungle.com/average-rent-in-portland-or-rent-trends/ https://www.rentjungle.com/average-rent-in-portland-or-rent-...
- abandonliberty 11y agoHouses in Vancouver are traded equities. They are more subject to external and speculative investors, rather than just local income and demand. As a result, the price-to-rent ratio has been unreasonable in a similar way to Amazon's stock price.
- curiousjorge 11y agoits over $2.23M now apparently. http://www.theglobeandmail.com/report-on-business/economy/housing/blistering-bc-housing-prices-put-pressure-on-politicians/article24836765/ http://www.theglobeandmail.com/report-on-business/economy/ho...
- msie 11y agoDetached homes are really valuable (because you can tear it down). But there are spacious townhouses and condos which are not as expensive.