Housing 'bubble' in Vancouver
#91
Forum Regular
Joined: Jan 2014
Location: Vancouver, Formerly Toronto and Edinburgh
Posts: 96
Re: Housing 'bubble' in Vancouver
I disagree. World over-population will drive the politically uneducated in all developed countries to the right, and then those rightie parties will drive the divide and conquer rhetoric right in there and everyone will hate each other more than they already do and then we'll get some form of World War 3 that wipes half the population off the planet.
It's very interesting to read into German philosophy in the early 1930's, and just how similar that is to the popular opinion now in the UK and in particular, Australia. We know what happened at the end of the 1930's...
It's very interesting to read into German philosophy in the early 1930's, and just how similar that is to the popular opinion now in the UK and in particular, Australia. We know what happened at the end of the 1930's...
#92
Account Closed
Joined: Jan 2006
Posts: 0
Re: Housing 'bubble' in Vancouver
Interesting data from the linked article.
"a 25- to 34-year-old making median full-time earnings from 1976 to 1980 had to work five years in order to save a 20 per cent down payment for a house."
"And that's Canada as a whole."
"My heart just weeps at the thought of calculating Vancouver," Kershaw says.
"Because it's probably closer to 20 years."
70 per cent of all sales in Metro Vancouver between 2007 and 2013 were rated "unaffordable" by the Real Estate Board of Greater Vancouver.
Vancouver's housing costs won't be solved just by desperate tweets - British Columbia - CBC News
"a 25- to 34-year-old making median full-time earnings from 1976 to 1980 had to work five years in order to save a 20 per cent down payment for a house."
"And that's Canada as a whole."
"My heart just weeps at the thought of calculating Vancouver," Kershaw says.
"Because it's probably closer to 20 years."
70 per cent of all sales in Metro Vancouver between 2007 and 2013 were rated "unaffordable" by the Real Estate Board of Greater Vancouver.
Vancouver's housing costs won't be solved just by desperate tweets - British Columbia - CBC News
#93
Account Closed
Joined: Jan 2006
Posts: 0
Re: Housing 'bubble' in Vancouver
What sum are we talking about for a move? The flights might be expensive, but a lot of the time you can actually fund a move by selling stuff you have. I know people who have moved with just a plastic bag. It's never the right time and we're not getting younger. It's even possible to get a job through Skype these days, so you only really need money to survive until you get your first pay check. Might not be ideal, but you can survive on little for the first few weeks and don't have to move into a mansion straight away.
For a move outside of Canada, I have no clue how much it would cost, not familiar with costs of living in other countries except the US/Canada, or housing costs.
We would obviously lose a lot in exchange rates, so would have to account for that.
I honestly can't say how much a move outside of North America would cost.
I don't know what the procedures would be, and such. I just can't put a number on it.
I'd guess airfare alone would be over 1,000 CAD + whatever fees to transport a dog.
#94
Re: Housing 'bubble' in Vancouver
I disagree. World over-population will drive the politically uneducated in all developed countries to the right, and then those rightie parties will drive the divide and conquer rhetoric right in there and everyone will hate each other more than they already do and then we'll get some form of World War 3 that wipes half the population off the planet.
It's very interesting to read into German philosophy in the early 1930's, and just how similar that is to the popular opinion now in the UK and in particular, Australia. We know what happened at the end of the 1930's...
It's very interesting to read into German philosophy in the early 1930's, and just how similar that is to the popular opinion now in the UK and in particular, Australia. We know what happened at the end of the 1930's...
#95
BE Forum Addict
Joined: Oct 2007
Location: British Columbia
Posts: 1,371
Re: Housing 'bubble' in Vancouver
I just think you have to move away, otherwise nothing will change. As mentioned before, the UK might be an option for you. The great thing now is that you know what you want and that seems to be a house with garden if I'm right? Ok I'm in Ireland, but most people I know don't earn more than €30K and they all have a house (owned/rented), go on holiday 2-3 times a year. I'm sure there are plenty of locations like that in the UK too, so I would really consider a move now.
#96
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: Housing 'bubble' in Vancouver
These so called economic experts can't tell the difference between an open and a closed system.
#97
Forum Regular
Joined: Jan 2014
Location: Vancouver, Formerly Toronto and Edinburgh
Posts: 96
Re: Housing 'bubble' in Vancouver
I used to be an idealist before I realised just how terrible humanity collectively is!
#99
Lost in BE Cyberspace
Joined: Feb 2013
Posts: 6,148
Re: Housing 'bubble' in Vancouver
I thought it was mentioned that his wife had connections to the UK, but maybe I'm wrong. I still think that it would be possible to find somewhere in the US where housing is affordable and surviving without a managers salary.
#100
Re: Housing 'bubble' in Vancouver
But he doesnt want to live / can't afford to live in U.S. Due to lack of health care and his reliance on the health system in Canada.
#101
Account Closed
Joined: Jan 2006
Posts: 0
Re: Housing 'bubble' in Vancouver
My wife can like and work in the UK as she is dual.
We did look into the US, but the high cost of healthcare pretty much rules the US out.
We would be looking at 300+ a month + whatever co-payments and deductibles to actually receive service. Don't be fooled by the reforms down there, they did little to actually bring down prices, but did force insurance companies to cover everywhere which is a start.
I also don't know if they would let me sponsor her from Canada, knowing I would not have that income once in the US.
I would need to make 20,000 a year in the US, and depending on what state, that may or may not be possible since wages in the US are lower overall for my kind of work, in high cost regions like California, I can make the same as in BC, but then we would not be any better off, and probably worse off.
But in states with low cost of living, I may only get 8 or 9 per hour which isn't sufficient to sponsor a spouse.
Moving is more complicated then it initially sounds, we don't rule it out, but it has to be planned and appropriate savings saved.
I know some can find jobs form afar, but it's not the norm for low end jobs like I would be looking for, an employer has no incentive to hire from a far when most places have sufficient local applicants.
My wife would actually like to live in the US, but she was shocked when I showed her the estimate of what we would pay per month for jut the insurance, before the costs with actually going to the doctor on top of the monthly premiums. Unfortunately just paying the monthly premium doesn't get you access to care if you don't have the funds for the co-payments or deductible requirements.
Last edited by scrubbedexpat091; Apr 22nd 2015 at 9:04 pm.
#102
Lost in BE Cyberspace
Joined: Feb 2013
Posts: 6,148
Re: Housing 'bubble' in Vancouver
My wife can like and work in the UK as she is dual.
We did look into the US, but the high cost of healthcare pretty much rules the US out.
We would be looking at 300+ a month + whatever co-payments and deductibles to actually receive service. Don't be fooled by the reforms down there, they did little to actually bring down prices, but did force insurance companies to cover everywhere which is a start.
More for my wife then me. She has to have access to a psychiatrist and medication so she stays stable and I am not even sure they would let me sponsor her because of being bipolar, not sure what the US allows and doesn't allow.
I also don't know if they would let me sponsor her from Canada, knowing I would not have that income once in the US.
I would need to make 20,000 a year in the US, and depending on what state, that may or may not be possible since wages in the US are lower overall for my kind of work, in high cost regions like California, I can make the same as in BC, but then we would not be any better off, and probably worse off.
But in states with low cost of living, I may only get 8 or 9 per hour which isn't sufficient to sponsor a spouse.
Moving is more complicated then it initially sounds, we don't rule it out, but it has to be planned and appropriate savings saved.
I know some can find jobs form afar, but it's not the norm for low end jobs like I would be looking for, an employer has no incentive to hire from a far when most places have sufficient local applicants.
My wife would actually like to live in the US, but she was shocked when I showed her the estimate of what we would pay per month for jut the insurance, before the costs with actually going to the doctor on top of the monthly premiums. Unfortunately just paying the monthly premium doesn't get you access to care if you don't have the funds for the co-payments or deductible requirements.
We did look into the US, but the high cost of healthcare pretty much rules the US out.
We would be looking at 300+ a month + whatever co-payments and deductibles to actually receive service. Don't be fooled by the reforms down there, they did little to actually bring down prices, but did force insurance companies to cover everywhere which is a start.
More for my wife then me. She has to have access to a psychiatrist and medication so she stays stable and I am not even sure they would let me sponsor her because of being bipolar, not sure what the US allows and doesn't allow.
I also don't know if they would let me sponsor her from Canada, knowing I would not have that income once in the US.
I would need to make 20,000 a year in the US, and depending on what state, that may or may not be possible since wages in the US are lower overall for my kind of work, in high cost regions like California, I can make the same as in BC, but then we would not be any better off, and probably worse off.
But in states with low cost of living, I may only get 8 or 9 per hour which isn't sufficient to sponsor a spouse.
Moving is more complicated then it initially sounds, we don't rule it out, but it has to be planned and appropriate savings saved.
I know some can find jobs form afar, but it's not the norm for low end jobs like I would be looking for, an employer has no incentive to hire from a far when most places have sufficient local applicants.
My wife would actually like to live in the US, but she was shocked when I showed her the estimate of what we would pay per month for jut the insurance, before the costs with actually going to the doctor on top of the monthly premiums. Unfortunately just paying the monthly premium doesn't get you access to care if you don't have the funds for the co-payments or deductible requirements.
#103
BE Enthusiast
Joined: Sep 2014
Location: Vancouver, BC
Posts: 835
Re: Housing 'bubble' in Vancouver
You mentioned the high health care costs in the US and since the UK is possible, I would really look into it. You have many options with England, Scotland, Wales, N Ireland. Although health insurance might be needed for Rep of Ireland, I wouldn't rule it out if it's possible. Better salaries, cheaper housing and quality of life make up for it.
Though things are getting better, if you are living on the lower end of the wage scale (minimum wage is €8.65) then things are still quite tough. There's a huge rental squeeze going on in Dublin and surrounding areas at the moment which prices most lower wage earners out of the market unless they live in shared accomodation. Living anywhere rural requires a car (imo, as public transport outside major towns/cities is not really reliable) which is expensive to run in Ireland (compared to Canada anyway). You could try smaller cities like Cork or Galway though I have no experience of them.
As for healthcare, health insurance is essential. The public service is overstretched and still under resourced, especially in the mental health area. To get any kind of insurance that would cover day to day stuff such as visits to see GP or psychiatrist is going to cost at least €100 per month the last time I checked and even then most only cover 50% of the cost (and not 100%).
#104
Lost in BE Cyberspace
Joined: Feb 2013
Posts: 6,148
Re: Housing 'bubble' in Vancouver
Emm as a recent Irish-expat, I wouldn't really recommend moving to Ireland to get healthcare.
Though things are getting better, if you are living on the lower end of the wage scale (minimum wage is €8.65) then things are still quite tough. There's a huge rental squeeze going on in Dublin and surrounding areas at the moment which prices most lower wage earners out of the market unless they live in shared accomodation. Living anywhere rural requires a car (imo, as public transport outside major towns/cities is not really reliable) which is expensive to run in Ireland (compared to Canada anyway). You could try smaller cities like Cork or Galway though I have no experience of them.
As for healthcare, health insurance is essential. The public service is overstretched and still under resourced, especially in the mental health area. To get any kind of insurance that would cover day to day stuff such as visits to see GP or psychiatrist is going to cost at least €100 per month the last time I checked and even then most only cover 50% of the cost (and not 100%).
Though things are getting better, if you are living on the lower end of the wage scale (minimum wage is €8.65) then things are still quite tough. There's a huge rental squeeze going on in Dublin and surrounding areas at the moment which prices most lower wage earners out of the market unless they live in shared accomodation. Living anywhere rural requires a car (imo, as public transport outside major towns/cities is not really reliable) which is expensive to run in Ireland (compared to Canada anyway). You could try smaller cities like Cork or Galway though I have no experience of them.
As for healthcare, health insurance is essential. The public service is overstretched and still under resourced, especially in the mental health area. To get any kind of insurance that would cover day to day stuff such as visits to see GP or psychiatrist is going to cost at least €100 per month the last time I checked and even then most only cover 50% of the cost (and not 100%).
#105
Account Closed
Joined: Jan 2006
Posts: 0
Re: Housing 'bubble' in Vancouver
Sounds like the advantage to BC's healthcare is there is no charges at point of service, so no need to ever worry about having money at the GP's. Medication is hit or miss depending on income, and what type of insurance one has, we are fortunate we have almost all medications covered 100%.
Our monthly premiums are also covered, so we pay nothing out of pocket for medical except on the rare occasion a medication isn't covered.
But the monthly premiums are not excessive, range from 60 ish to 150 ish, depending on family size.
Not sure how other provinces handle healthcare, but overall I give BC a 8/10.
Our monthly premiums are also covered, so we pay nothing out of pocket for medical except on the rare occasion a medication isn't covered.
But the monthly premiums are not excessive, range from 60 ish to 150 ish, depending on family size.
Not sure how other provinces handle healthcare, but overall I give BC a 8/10.