4 ms·
When houses start at over 1 million even the bottom of the 1% can have trouble buying. Houses are going up 24% year over year which is much higher then you can
by darryl42 10y ago
When houses start at over 1 million even the bottom of the 1% can have trouble buying. Houses are going up 24% year over year which is much higher then you can save money. Condo prices prices are not going up as quickly so they don't work as a good stepping stone. Out in the burbs if you want to be near transit will still be 600-800 for something livable, actually there doesn't seem to be a difference in price between a tear down and something you could live in.
Might be a bit bias as I was out looking at houses on the weekend.
- gnaritas 10y agoMove away from all the rich people. > Houses are going up 24% year over year That's called a bubble, such a rise is not sustainable. Look, you're living in a place full of rich people, so you feel poor by comparison, that's expected, so deal with it or move.
- mahyarm 10y agoIf rents are disconnected from housing prices, you're in a housing bubble. I think you're in vancouver too, so move away!