misery at Vancouver housing cost?
Jun 29th 2015, 6:17 pm
#121
Beep
Joined: Jan 2009
Location: Here
Posts: 8,311
Re: misery at Vancouver housing cost?
its going mad, totally mad, the Vancouver housing market that is ...
VANCOUVER — Metro Vancouver remains one of Canada’s hottest real estate markets with prohibitively high prices, but the probability of a market correction remains low, according to a new assessment by the Canada Mortgage and Housing Corp.
“It’s always been one of those markets that’s had a higher average price, but high average price in and of itself isn’t an indicator of overvaluation,” said CMHC chief economist Bob Dugan.
Vancouver real estate prices deemed low risk for correction by CMHC
VANCOUVER — Metro Vancouver remains one of Canada’s hottest real estate markets with prohibitively high prices, but the probability of a market correction remains low, according to a new assessment by the Canada Mortgage and Housing Corp.
“It’s always been one of those markets that’s had a higher average price, but high average price in and of itself isn’t an indicator of overvaluation,” said CMHC chief economist Bob Dugan.
Vancouver real estate prices deemed low risk for correction by CMHC
Jun 30th 2015, 7:49 pm
#122
Forum Regular
Joined: Aug 2012
Location: Vancouver, BC
Posts: 241
Re: misery at Vancouver housing cost?
You tell me. But most times I get asked the most cliche question in world.
What do you do for a job / work etc etc.
When I say a plumber, i usually get a response saying, I bet you make good money (this happens lot from women). Men will also say it. Though these days I tend to say any old career (I'm a Proctologists) just to have a laugh, ramble about any crap I know about the job I mentioned, just be a wind up and see if I get a funny response from the person that asked me the most boring question in the world.
You will also have adverts about plumbing as a career saying you can make a well over inflated salary, which isn't true. Unless you have your own business.
Hence why the above comments I have said to me and the ads Ive seen about plumbing make me laugh.
I was just comparing my salary (a journeyman plumber) to the chart of average salary for BC.
I'm petty sure you can pay yourself more if you have your own company.
What do you do for a job / work etc etc.
When I say a plumber, i usually get a response saying, I bet you make good money (this happens lot from women). Men will also say it. Though these days I tend to say any old career (I'm a Proctologists) just to have a laugh, ramble about any crap I know about the job I mentioned, just be a wind up and see if I get a funny response from the person that asked me the most boring question in the world.
You will also have adverts about plumbing as a career saying you can make a well over inflated salary, which isn't true. Unless you have your own business.
Hence why the above comments I have said to me and the ads Ive seen about plumbing make me laugh.
I was just comparing my salary (a journeyman plumber) to the chart of average salary for BC.
I'm petty sure you can pay yourself more if you have your own company.
Jul 1st 2015, 1:40 am
#123
Joined: Sep 2008
Posts: 12,830
Re: misery at Vancouver housing cost?
[QUOTE=MrHyperPants;11688916]You tell me. [QUOTE]
$15 an hour
Retired twice, thinking of trying it again, third time lucky. I got bored the first two attempts.
Perhaps they are hitting on you?
Maybe they are too?
Bummer eh! But what else would a proctologist talk about?
So it is possible then.
One tries to find humour where one can, although you may want to consider humourous stories, rather than reading help wanted ads, I feel sure it would be more entertaining.
for a variety of reasons, some do, some don't.
$15 an hour
What do you do for a job / work etc etc.
When I say a plumber, i usually get a response saying, I bet you make good money (this happens lot from women).
Men will also say it.
Though these days I tend to say any old career (I'm a Proctologists) just to have a laugh, ramble about any crap
You will also have adverts about plumbing as a career saying you can make a well over inflated salary, which isn't true. Unless you have your own business.
Hence why the above comments I have said to me and the ads Ive seen about plumbing make me laugh.
I'm petty sure you can pay yourself more if you have your own company.
Last edited by Aviator; Jul 1st 2015 at 1:49 am.
Jul 1st 2015, 7:26 am
#124
BE Enthusiast
Joined: Nov 2004
Location: Looe, Cornwall
Posts: 674
Re: misery at Vancouver housing cost?
Reminds me of London some years ago. It will end in tears.
Jul 3rd 2015, 1:13 pm
#128
Happy
Thread Starter
Joined: Feb 2009
Location: Nova Scotia
Posts: 2,942
Re: misery at Vancouver housing cost?
Stability has got to be more preferable
Jul 3rd 2015, 3:58 pm
#129
Beep
Joined: Jan 2009
Location: Here
Posts: 8,311
Re: misery at Vancouver housing cost?
Its more than recovered on the SE of England. Having said that I dont agree with all these crazy swings in house value... it makes it next to impossible for newbies to get on the property ladder and those on it to feel rich.... until the next drop (that always seems to come)
Stability has got to be more preferable
Stability has got to be more preferable
Mapped: How much has your house price moved in 10 years? - Telegraph
Last edited by el_richo; Jul 3rd 2015 at 4:04 pm.
Jul 3rd 2015, 4:33 pm
#130
Yo
Joined: Nov 2012
Location: UK
Posts: 24,474
Re: misery at Vancouver housing cost?
The point is, barring meltdown as in Detroit, any major city is only going to rise over the medium to long term. Considering the massive affordability issues in 2007 followed by a severe credit crunch (something of a perfect storm) a six year dip is not that bad a downside.
Jul 3rd 2015, 4:54 pm
#131
Beep
Joined: Jan 2009
Location: Here
Posts: 8,311
Re: misery at Vancouver housing cost?
That's true, but getoutofbritainquick's tears were for London.
The point is, barring meltdown as in Detroit, any major city is only going to rise over the medium to long term. Considering the massive affordability issues in 2007 followed by a severe credit crunch (something of a perfect storm) a six year dip is not that bad a downside.
The point is, barring meltdown as in Detroit, any major city is only going to rise over the medium to long term. Considering the massive affordability issues in 2007 followed by a severe credit crunch (something of a perfect storm) a six year dip is not that bad a downside.
Scary!
Jul 3rd 2015, 5:38 pm
#132
Happy
Thread Starter
Joined: Feb 2009
Location: Nova Scotia
Posts: 2,942
Re: misery at Vancouver housing cost?
This tells a very different story
Mapped: How much has your house price moved in 10 years? - Telegraph
Mapped: How much has your house price moved in 10 years? - Telegraph
We sold ours in 2011 for GBP305k, houses in that road of a similiar size and in similiar state (new kitchen, new bathrooms, extension, Victorian, big, large garden, blah blah blah) are now at GBP380k on Rightmove. We were advised we would not get over GBP310k if we were lucky when we sold as the market was "crashing" now they are all at the GBP380k+
That suggests that they have gone up to me
Jul 3rd 2015, 5:41 pm
#133
Yo
Joined: Nov 2012
Location: UK
Posts: 24,474
Re: misery at Vancouver housing cost?
not the point of view of my pals that still live there - they are all happy that their houses have gone back up in value again.
We sold ours in 2011 for GBP305k, houses in that road of a similiar size and in similiar state (new kitchen, new bathrooms, extension, Victorian, big, large garden, blah blah blah) are now at GBP380k on Rightmove. We were advised we would not get over GBP310k if we were lucky when we sold as the market was "crashing" now they are all at the GBP380k+
That suggests that they have gone up to me
We sold ours in 2011 for GBP305k, houses in that road of a similiar size and in similiar state (new kitchen, new bathrooms, extension, Victorian, big, large garden, blah blah blah) are now at GBP380k on Rightmove. We were advised we would not get over GBP310k if we were lucky when we sold as the market was "crashing" now they are all at the GBP380k+
That suggests that they have gone up to me
London house prices: property in suburbs Barking, Brent and Sutton up almost 20% in three months - Business News - Business - The Independent
Jul 3rd 2015, 6:21 pm
#134
Beep
Joined: Jan 2009
Location: Here
Posts: 8,311
Re: misery at Vancouver housing cost?
not the point of view of my pals that still live there - they are all happy that their houses have gone back up in value again.
We sold ours in 2011 for GBP305k, houses in that road of a similiar size and in similiar state (new kitchen, new bathrooms, extension, Victorian, big, large garden, blah blah blah) are now at GBP380k on Rightmove. We were advised we would not get over GBP310k if we were lucky when we sold as the market was "crashing" now they are all at the GBP380k+
That suggests that they have gone up to me
We sold ours in 2011 for GBP305k, houses in that road of a similiar size and in similiar state (new kitchen, new bathrooms, extension, Victorian, big, large garden, blah blah blah) are now at GBP380k on Rightmove. We were advised we would not get over GBP310k if we were lucky when we sold as the market was "crashing" now they are all at the GBP380k+
That suggests that they have gone up to me
.