dboy

Actually I have seen news stories about families staying in Vancouver coz a child has had to undergo some type of medical treatment at childrens and not being able to cover hotel costs. Not sure if it's quite the same as not being able to cover medical costs though.

dboy

At least.

dboy

An average london house is hardly comparable though. If one were to compare on a price per sq foot basis I suspect it would be less dramatic. But yes 1m for west side vancouver proper is accurate, in fact i doubt it would be an overly impressive house for that. But yes it is silly prices here. When does it stop being a bubble, been waiting for years for it to pop.

Its a perfect storm here for housing...limited land, moutains and ocean and teh ALR, Asian money, low interest rates etc....

Glam

Hi,

Like you said, i've not included for some sports etc how come you say that $75k would be comfortable when i've got $95K in and i've missed stuff???

Gav.

brizzle

Probably isn't that difficult, but the median is 63k for a reason. It can't all be down to one-wage earning families. If finding said jobs is so easy then the median should be a lot higher than 63k shouldn't it?

I'd say that that 300k pounds & $600k were similar in terms of spending power locally. The strong dollar skews it a bit, but I've always thought that $2 - 1 pound is a reasonable historical comparison. I'd say that at the moment Greater London and Vancouver prices were comparable, but you'd probably get more sq ft here.

dbd33

I find that hard to believe but I've only your posts to go on.

I don't think I said anything about "living saving surgery". I say that it's common to have collections for medical expenses. By medical expenses I mean costs incurred as the result of illness or accident, commonly those such as drugs and appliances not provided by the provincial medical plan. I would not include loss of income though, obviously, no longer being able to make any money limits one's ability to buy wheelchairs and such.

dboy

Seized children from abusive homes, investigated the deaths of others, from accidental suffocations to babies shaken to death, child pornography,child torture, brain injuries due to beatings, abuse related injuries, torture, rape....murder after murder (from stabings to beatings, to shootings to arsons), suicides (everything from tall places, trains, shotguns and hangings), elder abuse, people left in there own waste for day after day, not fed, left in appalling conditions, racially motivated murders, so called honour killings, those suffering mental breakdowns, and other mental episodes, attacked with a machette by someone having such an episode, failure of the social net to catch those it is intended on catching.... Drug related deaths, including those I have come to know and like from dealing with them day after day, prostitutes...murdered and assaulted, gang land slayings, domestic abuse, unlawful confinements, kidnappings, holding a kids guts in my arms, due to be stabbed, waiting for the ambulance, i could go on but no doubt you will have some snippy comment disguised as intellect.

Yes i do know a fair bit about society's failings on how little regard some of us have for each other. I have also chose a career where I try do something about it. How about you?. I also worked as crisis intervention worker prior to becoming a cop..offering practical assitance to victims of crime and counselling services. Have you ever had to tell someone their entire family just killed and then spend the next week with them day after day as there are no family members left to comfort them? I have. I have ulcers and take anti anxiety meds....thanks for the support.

Lots of cops are active members of the community and activley raise money for charity. Ever heard of cops for cancer? We also adopt famlies and help raise money for trips, xmas gifts etc. I have bought many a wayward soul a meal, a packet of smokes or a bus ticket home...

But yep, tits like you like to reduce all coppers to bullys and thugs, the fact is most of us are barely trying to hold this ****ed up world of ours together. Get over yourself for ****s sake.

dboy

I don't disagree. I did have a sheet that I cant find now, that broke down household earnings by neighbourhoods. Westside of Vancouver was more like 90 k for instance. I suspect it is much the same with 30,000 quid a year or so as an house hold income in the UK (not London).

With the property costs here compared to lower than London wages, i suspect cost of living is higher here. Bearing in mind that there has been no correction to house prices here....i am starting to wonder if there ever will be. It is the main reason I would leave here to move somewhere with lower housing costs.

Edit: seems that the UK household average is around 30 k...given the national average wage is 25 K (seems to be actually dropping) i imagine that lower braket earners and single family earners do impact the household average, which is truly not an accurate gauge at all. I suspect it is much the same here.

Alan2005

Lots of places fell last year. Richmond dragged the area up because of chinese stupid money. They will get burned - it's only a matter of time.

dboy

even though I am now an homeowner, I welcome a drop in prices, i can only see it as healthy in the long run. It sure has been a long upward swing though, i am going to guess around 8 years or so.

Time will tell, it seems only logical to me that there will be a correction at some point.

ExKiwilass

Well, I don't think the average first time buyer property is a house, it's a condo. Condos are much more affordable than single family homes.

I don't see a crash. If it were just a bubble you'd see all parts of the lower mainland going up irrationally...but that's not what's happening. Richmond, Burnaby, Vancouver yes...all areas closer to DT/with good transit links/amenities...but outlying areas like Port Moody, North Van, etc are slipping.

Alan2005

It's a bubble. People always say it's not at the time - but it always is. Chinese people aren't immune to speculative idiocy- HK has had more boom/busts than most places. Not that I expect significant nominal price falls - if there is one thing I've learned over the last few years it's that central banks will destroy our money and our incomes before they let real estate prices fall.

Still, my view is that property in Vancouver (like the riots in egypt) is a consequence of money printing in the US. The end will come, but the form is not predictable.

Sazzer

After tax, and that was a starting point because you might have to take a back step on pay for a few years until you get Canadian experience, unless you have a job that is in demand.

Siouxie

To find out average wages for different jobs you could try looking at these websites:

http://www.gdsourcing.com/works/faqwage.htm

http://www.workopolis.com/work.aspx?...deView&lang=EN

http://www.workingincanada.gc.ca/con...cid=1&lang=eng

ExKiwilass

Bull vs Bear! fight, fight!

Time will tell. Like Dboy I don't care if there's a correction ..in fact would like it because we'd like to pick up another property or move up to a bigger house. I just don't see things dropping that much in certain areas...could be wrong tho.