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Yeah I am one of those cold blooded Canadians. Weird thing is if you look at what's going in Canadian real estate, the shitty weather is not reflected in price
by RspecMAuthortah 6y ago
Yeah I am one of those cold blooded Canadians. Weird thing is if you look at what's going in Canadian real estate, the shitty weather is not reflected in price at all.
Weather and the high cost of living in all the major Canadian cities (compared to the average tech income) were the two main reasons wife and I decided to move down South. Don't regret it for a moment.
- TeMPOraL 6y agoIsn't Canadian real estate mostly a parking spot for foreign capital these days, and has nothing to do with the actual demand of people living there?
- mschuster91 6y ago> Weird thing is if you look at what's going in Canadian real estate, the shitty weather is not reflected in price at all. Some Chinese investor needing a safe heaven for their assets (and/or, in case some purge happens like with Jack Ma, for their family) that can't be seized at random by the CCP does not care at all about the weather, only about the country showing a spine to China. That is why the real estate market of Canada is so thoroughly messed up - a third of Vancouver's market, for example, was Chinese (https://www.fortunebuilders.com/one-third-of-vancouvers-real-estate-market-is-owned-by-chinese-buyers/ https://www.fortunebuilders.com/one-third-of-vancouvers-real...).
- bobthepanda 6y agoAlso, in terms of weather, it's all relative. Canada can get quite cold, but Vancouver is actually relatively moderate and is borderline Mediterranean due to its west coast location. Beijing gets both much colder and much hotter on a regular basis. Also, air quality in Vancouver is significantly better than in Beijing, which would have more impact on living conditions than just climate by itself.