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Review of Vancouver after 18 months

Review of Vancouver after 18 months

Old Dec 12th 2017, 11:09 pm
  #31  
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Default Re: Review of Vancouver after 18 months

Originally Posted by beckiwoo
Is there nothing in NB like this then?
We have covered bridges and a few across rivers and, of course, the Confederation bridge. I'm not aware of any scary touristy bridge walks.

Some zipline places.

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Old Dec 12th 2017, 11:22 pm
  #32  
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Default Re: Review of Vancouver after 18 months

Originally Posted by Aviator
On the plus side, high real estate prices.
Maybe, if you're looking to cash out so you buy a mansion in Moncton but not if you're trying to save enough to get into the housing market.
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Old Dec 12th 2017, 11:50 pm
  #33  
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Default Re: Review of Vancouver after 18 months

Originally Posted by BristolUK
We have covered bridges and a few across rivers and, of course, the Confederation bridge. I'm not aware of any scary touristy bridge walks.

Some zipline places.

https://www.youtube.com/watch?v=p-v9ieTTHqA
That looks awesome!

I've driven across Confederation Bridge
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Old Dec 13th 2017, 12:03 am
  #34  
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Default Re: Review of Vancouver after 18 months

Originally Posted by jandro
Maybe, if you're looking to cash out so you buy a mansion in Moncton but not if you're trying to save enough to get into the housing market.
Not sure anyone earning the median or average income in Vancouver can afford to buy these days, at least a house, maybe a condo but even condos are a bit pricey, we are in East Van and in somewhat sketchy area and units in this building are selling for close to 600,000 now.
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Old Dec 13th 2017, 3:48 am
  #35  
 
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Default Re: Review of Vancouver after 18 months

Originally Posted by jandro
Maybe, if you're looking to cash out so you buy a mansion in Moncton but not if you're trying to save enough to get into the housing market.
What is good for one maybe bad for another. My first house, mortgage rates were 18%, was not great for us. I would be thrilled to bits with that rate now.
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Old Dec 13th 2017, 4:15 am
  #36  
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Default Re: Review of Vancouver after 18 months

Originally Posted by Aviator
What is good for one maybe bad for another. My first house, mortgage rates were 18%, was not great for us. I would be thrilled to bits with that rate now.
Yes, but your first home wasn't over a million, i'm guessing.

Extortionate house price increases are good for: 1) people downsizing or 2) about to kick the bucket an need the money for care. For everyone else, it's bullshit.
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Old Dec 13th 2017, 11:34 am
  #37  
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Default Re: Review of Vancouver after 18 months

Originally Posted by BristolUK
I'd want to be paid a lot more than $40 to venture out on that.
I went on it 50 some years ago when it was shakey as hell and didn't like it.
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Old Dec 13th 2017, 4:39 pm
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Default Re: Review of Vancouver after 18 months

Originally Posted by neill
Yes, but your first home wasn't over a million, i'm guessing.

Extortionate house price increases are good for: 1) people downsizing or 2) about to kick the bucket an need the money for care. For everyone else, it's bullshit.

Pay cheques were a lot lower back then too.

Last edited by Jerseygirl; Dec 13th 2017 at 10:55 pm.
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Old Dec 13th 2017, 5:56 pm
  #39  
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Default Re: Review of Vancouver after 18 months

Originally Posted by neill
Yes, but your first home wasn't over a million, i'm guessing.

Extortionate house price increases are good for: 1) people downsizing or 2) about to kick the bucket an need the money for care. For everyone else, it's bullshit.[/


Pay cheques were a lot lower back then too.
not by the same margin though. The gap between average house prices and average salaries is the worse it has ever been in Vancouver.

12 Charts About Canadian Housing That Will Make You Go WTF

Last edited by Jerseygirl; Dec 13th 2017 at 11:00 pm. Reason: Cocked up quote
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Old Dec 13th 2017, 6:22 pm
  #40  
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Default Re: Review of Vancouver after 18 months

No one seems bothered by the rain? At least the summers are usually sunny. I agree that Vancouver is an unremarkable city - but in a stunning natural setting. I also agree that salaries are low compared to other cities (at least in IT where I work). I moved there a long time ago but had seen enough to know it wasn't for me after only a month or so.
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Old Dec 13th 2017, 8:43 pm
  #41  
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Default Re: Review of Vancouver after 18 months

Originally Posted by Engineer_abroad

not by the same margin though. The gap between average house prices and average salaries is the worse it has ever been in Vancouver.
Agreed

You have to factor inflation and cost of living at the time

Last edited by Jerseygirl; Dec 13th 2017 at 11:01 pm. Reason: Cocked up quote
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Old Dec 13th 2017, 10:57 pm
  #42  
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Default Re: Review of Vancouver after 18 months

People...the quotes...the quotes!!!

Please check the post you have quoted after posting and amend if necessary.

If you can’t fix it...please don’t quote it...as it has a knock on effect and makes posts very difficult to read.

Thank you very muchly.

Last edited by Jerseygirl; Dec 13th 2017 at 11:02 pm.
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Old Dec 13th 2017, 11:35 pm
  #43  
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Default Re: Review of Vancouver after 18 months

LoLo The things you kids come up with.
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Old Dec 14th 2017, 5:43 pm
  #44  
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Default Re: Review of Vancouver after 18 months

Originally Posted by Engineer_abroad
I would be surprised if you cant find anyone. I work in consultancy and mostly mining so I don't come across seismic engineers involved with retrofitting. The CoV does now require, as a condition of a building permit for renovations, that you spend a certain percentage on seismic upgrades. Someone must be doing the work. I imagine most people deal with the contractor who in turn works on your behalf with the engineer and architect.

Justice Institute of BC also has some good info as does the CERT program in the US.
Thanks Engineer
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Old Dec 15th 2017, 1:34 am
  #45  
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Default Re: Review of Vancouver after 18 months

Originally Posted by beckiwoo
Agreed

You have to factor inflation and cost of living at the time



My wife's mother bought a home in Squamish in 1984, she worked at Sears as a sales person.

Certainly can't do that today working a non-management retail job. Only the wealthy and highest of income earners can own in Vancouver.

My parents also didn't have to work 90 hours just to pay rent either. They only worked 40 hours per week, and paid rent, owned 2 cars, took vacations, had 2 kids etc and a good quality of life, and ability to save and have retirement.
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