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Search: Posts Made By: scrubbedexpat091
Showing results 1 to 25 of 271
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Forum: The Maple Leaf
Nov 29th 2021, 5:04 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

Doing a search on realtor.ca for detached homes under 1.1 million this was the only house that showed up.....of course there is this little tid bit House not habitable. Extensive fire damage. So you...
Forum: The Maple Leaf
Nov 28th 2021, 8:32 pm
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

Since 2015 home prices have risen average of 70%

The 10 year, $37 billion National Housing Strategy has failed.

Lack of supply the primary cause.

Canada needs 1.8 million dwellings just to...
Forum: The Maple Leaf
Nov 24th 2021, 7:14 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

Investors make up over 25% of Ontario home buyers it seems, 10 years went from the smallest segment of buyers to apparently the largest....
Forum: The Maple Leaf
Nov 23rd 2021, 9:33 pm
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

The key in Canada seems to be having access to bank of mom and dad if your one of the lucky ones who do.

'Bank of Mom and Dad': Affluent families giving average of $145K for kids' first home....
Forum: The Maple Leaf
Nov 22nd 2021, 6:16 pm
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

No, the people who voted for the liberal party are getting what they voted for, everyone else is certainly not getting what they voted for.
Forum: The Maple Leaf
Nov 13th 2021, 3:50 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

This doesnt sound all that good for a country for long term health.

Canada’s housing investment as a share of the economy is higher than any other OECD nation, with the exception of New Zealand,...
Forum: The Maple Leaf
Nov 13th 2021, 2:29 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

This man won the lotto in BC and now he can finally buy his first home. (mostly posted because of the headline, looks like the man lives in an area of BC that isn't expensive, but maybe job prospects...
Forum: The Maple Leaf
Nov 12th 2021, 12:29 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

Must be the pits to have so little land in Canada. ;)

But seriously they do have what 10 times the population so that does help create more city's and more opportunities in general and gives...
Forum: The Maple Leaf
Nov 11th 2021, 11:22 pm
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

One thing climbs too fast and the other thing doesn't, not big surprise things are starting to wobble a little & younger generations are not very optomistic about their futures and the future of the...
Forum: The Maple Leaf
Nov 5th 2021, 4:46 pm
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

BC is proposing legislation to provide a cooling off period when it comes to real estate sales.

https://www.cbc.ca/news/canada/british-columbia/bc-cooling-off-period-real-estate-1.6237774
Forum: The Maple Leaf
Nov 2nd 2021, 1:46 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

Anyone have $2.8 billion laying around? US$ that is, Zillow bit off more than it could chew in buying and flipping houses, now finds it's has too many houses, they are hoping to get about $2.8...
Forum: The Maple Leaf
Nov 1st 2021, 7:33 pm
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

I don't see any mention of income when it comes to property tax deferment in BC or it being something only for low income, even under the what you need to apply, I don't see any mention of providing...
Forum: The Maple Leaf
Nov 1st 2021, 7:20 pm
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

Pay range for psychiatric nurses in BC which ranges from $36.23 - $47.58 per hour depending on how many years one has been employed in the position, so 40 hour work week before OT would roughly be...
Forum: The Maple Leaf
Nov 1st 2021, 2:13 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

Seems like it's a growing issue everywhere, probably exacerbated in smaller populated western countries with fewer city's to choose from, but its a growing issue in the US as well, just takes longer...
Forum: The Maple Leaf
Oct 31st 2021, 12:59 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

2 biggest problems in Vancouver is zoning and NIMBY's but of course city politicians want to win elections so they cave to NIMBY's, look at Commercial Broadway in Vancouver, its a major transit line,...
Forum: The Maple Leaf
Oct 30th 2021, 9:24 pm
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

There is no magic bullet solution, it will require multiple solutions, but something is better than doing nothing in my view.

"According to the Canada Mortgage and Housing Corporation, the tax,...
Forum: The Maple Leaf
Oct 30th 2021, 2:35 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

https://cimg4.ibsrv.net/gimg/britishexpats.com-vbulletin/750x864/ofxit9blpgw71_99a6331cd9e0ff8d19f1b4282a37220dfcd75f48.jpg
Forum: The Maple Leaf
Oct 30th 2021, 2:33 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

It's not everyday you see someone benefitting from status quo saying there needs to be change to it.

Government also needs to bite the bullet and accept they need to build a lot more social...
Forum: The Maple Leaf
Oct 29th 2021, 10:39 pm
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

I have never been there, but looking at photos it's surely is in a pretty setting with mountains in the background.

Anyhow looking into their economy they are home to HQ of some pretty large...
Forum: The Maple Leaf
Oct 28th 2021, 10:46 pm
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

BC Hydro pays pretty well too, they keep electricity rates low compared to just about anywhere in North America, so I don't have a problem with them paying well, did try a few times to get a job with...
Forum: The Maple Leaf
Oct 28th 2021, 4:26 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

It was quite a lot higher than 82,000 in Vancouver though.

"According to a new report by CIBC Capital Markets, over the first nine months of 2021, first-time homebuyers in Vancouver received an...
Forum: The Maple Leaf
Oct 28th 2021, 4:22 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

It's apparently a popular destination for Californians looking for lower cost of living, and demand is exceeding supply and so prices obviously being pushed up.

The domino effect, same thing has...
Forum: The Maple Leaf
Oct 28th 2021, 4:03 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

And a few days ago the bank of mom and dad was reported as giving lots of money so their children could buy a home, so question is how many of the 48% in that 25 to 35 group who own got help from mom...
Forum: The Maple Leaf
Oct 27th 2021, 12:27 am
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

Vancity mortgage affordability calculator returns this for 120,000 gross income and 35,000 down payment and assuming no other debt and low strata fee of $200 which probably isn't realistic on a...
Forum: The Maple Leaf
Oct 26th 2021, 11:01 pm
Replies: 1,030
Views: 79,935
Posted By scrubbedexpat091

Re: real estate prices in Canada sustainable?

Biggest hurdle to more housing, NIMBY's.

https://nosafewaymegatowers.ca/

This is the future, we need tall towers, and if every tower at 5%-10% below market rentals, it's certainly better than...
Showing results 1 to 25 of 271
 
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