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Search: Posts Made By: Shard
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Forum: Canada
May 6th 2015, 3:46 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

Generally it's large debt serviced by one or two incomes, and/or rental property income.
Forum: Canada
May 6th 2015, 9:53 am
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

Quite common in the UK. Speaking of which, here's an unaffordability article so you don't feel it's only Vancouver!

Average first-time buyer needs £41,000 salary - Telegraph...
Forum: Canada
May 6th 2015, 8:28 am
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

The UK media have been trying to whip up a frenzy over so called "poor doors". However, I think it's a necessary commercial compromise in a mixed use building.
Forum: Canada
May 5th 2015, 5:31 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

Could you rephrase, please?
Forum: Canada
May 5th 2015, 5:17 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

This is called a little knowledge is a dangerous thing.
Forum: Canada
May 4th 2015, 10:44 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

So what. If they can afford to service their mix of debt and house prices continue to rise, they will be able to own their own home.
Forum: Canada
May 4th 2015, 5:37 am
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

Not shoddy.
Forum: Canada
May 3rd 2015, 10:59 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

That must be a tear down as the house bears no relation to the price.
Forum: Canada
Apr 30th 2015, 4:44 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

Assuming you have to cross the water (by road).
Forum: Canada
Apr 24th 2015, 2:56 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

The NHS is effectively free to users. Yes it's funded by tax, but whether you're making salve wages or millions, you don't notice or have any control over that. Equally, if you're not working, the...
Forum: Canada
Apr 22nd 2015, 6:36 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

We're not that bad. And certainly not as bad as we were !
Forum: Canada
Apr 22nd 2015, 5:32 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

I don't see a future of hatred, and I think the political systems will converge into a new socially responsible capitalism. Our big challenge will be eradicating global (eg. African) poverty. Yes,...
Forum: Canada
Apr 22nd 2015, 8:17 am
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

It's coming in a few decades' time (maybe a bit later in Alberta). :lol:
Forum: Canada
Apr 21st 2015, 5:21 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

Good post. (Although I believe JS will eventually be able to afford a home.)
Forum: Canada
Apr 21st 2015, 5:20 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

And an enlightened society would be happy to provide such support.
Forum: Canada
Apr 21st 2015, 4:30 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

That's a good point - knowing exactly what one wants is half the battle.
Forum: Canada
Apr 18th 2015, 9:44 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

...and then there's the drivers. ;)
Forum: Canada
Apr 18th 2015, 9:13 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

Famous last words :lol:
Forum: Canada
Apr 18th 2015, 7:14 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

Vancouver, like London, also suffers from a shortage of development land. Self imposed of course. The foreign money is largely Chinese money, and as there is an ample supply of that, prices remain...
Forum: Canada
Apr 18th 2015, 11:41 am
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

Hello, and welcome to the participation side. Both London and Vancouver are expensive for property. You generally get a little more space for your money in Vancouver, so if you have London equity...
Forum: Canada
Apr 10th 2015, 2:36 pm
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

Not so sure about that Campbell River house, I think even at that price point you mT be able to find better. A while back someone on BE bought a railroad cottage for 30K which seems an great deal. ...
Forum: Canada
Apr 10th 2015, 9:21 am
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

Why Australia over the UK?
Forum: Canada
Apr 10th 2015, 8:22 am
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

That's why the housing is more affordable in those places, because there is a lack of well paid work. And yet, people live in those houses and work in those towns.
Forum: Canada
Apr 10th 2015, 1:58 am
Replies: 164
Views: 11,175
Posted By Shard

Re: Housing 'bubble' in Vancouver

As withabix said, net immigration into BC will likely underpin the Vancouver housing market. It's simply an expensive place to live, and like other expensive cities, most people have to pay their...
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