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Yup. Larger properties round here are going for £50-150k above last sale price (last sales being 4-6 years). It's madness.
by switch007 3y ago
Yup. Larger properties round here are going for £50-150k above last sale price (last sales being 4-6 years). It's madness.
- voisin 3y agoIn areas of Canada (Toronto and Vancouver vicinities), housing prices were increasing at $80k per MONTH. To only have your house increase by 50-150k over 4-6 years would be better than even the podunk unincorporated villages hours from any economic centre.
- switch007 3y agoAppreciate the context. But the figures I quoted are huge sums for the average working person round here (we're closer to a "podunk village" than e.g. Toronto + Vancouver metro areas), as I'm sure $80k/month is to Canadians. They represent real problems for most people who live here. They can't be dismissed because a large metro area in Canada has seen even higher inflated prices