misery at Vancouver housing cost?
#242
Re: misery at Vancouver housing cost?
Hopefully just a few kilometres up the mountain in Coquitlam!
We bought our house in a rush, its lovely but was very much a head house rather than a heart house.
We have found a place that will accommodate the father in law if he chooses to spend longer periods of time with us. Much nicer kitchen etc.
Exciting times!
We bought our house in a rush, its lovely but was very much a head house rather than a heart house.
We have found a place that will accommodate the father in law if he chooses to spend longer periods of time with us. Much nicer kitchen etc.
Exciting times!
#243
Re: misery at Vancouver housing cost?
Hopefully just a few kilometres up the mountain in Coquitlam!
We bought our house in a rush, its lovely but was very much a head house rather than a heart house.
We have found a place that will accommodate the father in law if he chooses to spend longer periods of time with us. Much nicer kitchen etc.
Exciting times!
We bought our house in a rush, its lovely but was very much a head house rather than a heart house.
We have found a place that will accommodate the father in law if he chooses to spend longer periods of time with us. Much nicer kitchen etc.
Exciting times!
#244
Account Closed
Joined: Jan 2006
Posts: 0
Re: misery at Vancouver housing cost?
A lot of times they haven't even been doing open houses here, they sell too fast....lol..
One thing that would help bring me better mental health would be space, living in a 500sq foot box with no access to a garden or having a place to relax next to a fish pond, I can visualize how relaxing that would be....
One thing that would help bring me better mental health would be space, living in a 500sq foot box with no access to a garden or having a place to relax next to a fish pond, I can visualize how relaxing that would be....
#245
Re: misery at Vancouver housing cost?
different market, amazing what difference a a couple of hundred thousand makes!! We went £94000 over asking on our house and are buying £30000 under!
#247
Lost in BE Cyberspace
Joined: Feb 2013
Posts: 6,148
Re: misery at Vancouver housing cost?
I don't know if it came up already, but how do people even manage to pay property tax? I was shocked to see that property taxes are basically like a 2nd mortgage in Vancouver.
#248
Account Closed
Joined: Jan 2006
Posts: 0
Re: misery at Vancouver housing cost?
Only the top income earners can own a house in Vancouver if buying today, so I imagine they probably have the money to cover the taxes....
#249
Account Closed
Joined: Jan 2006
Posts: 0
Re: misery at Vancouver housing cost?
Vancouver Regent Hotel tenants fight for heat, hot water - British Columbia - CBC News
Apparently residents have gone a while without hot water and heat.
Apparently residents have gone a while without hot water and heat.
#250
Account Closed
Joined: Jan 2015
Posts: 318
Re: misery at Vancouver housing cost?
Do you mean you asked 180K more than the perceived value, and got the house you want for 60K under?
What is the price range that starts to make a difference?
I have been looking and prices are insane
#252
Account Closed
Joined: Jan 2006
Posts: 0
Re: misery at Vancouver housing cost?
It's all relative anyhow, all depends on where on the income ladder one falls, for some the burbs are affordable, to others they are just as out of reach as Vancouver.
#253
Re: misery at Vancouver housing cost?
No subjects, so sold in less than 7 days. Crazy prices but a very well run system unlike the UK!
#254
Lost in BE Cyberspace
Joined: Feb 2013
Posts: 6,148
Re: misery at Vancouver housing cost?
I doubt it's just top income earners. Maybe people just have huge mortgages and what about the people renting? If taxes are so high, landlords will just add it on to the rent.
#255
Re: misery at Vancouver housing cost?
Yes, the property taxes impact everyone directly (owners) or indirectly (renters) and contribute to the high cost of housing in Vancouver. In some cases rentals can be better value (short term) as there is a practical limit to how much a landlord can charge a tenant, before that tenant decides she would be better off purchasing a cheaper property and paying the taxes.