It takes 23 years to save for a down payment in Metro Vancouver!
- Thread starter JLM
- Start date
This thread has everything to do with affordable housing for the common folk. Those $million houses in Vancouver should be within reach for the working stiff. The Orientals are devaluing our dollar!
Some will argue the Unions are devaluing our dollar. (Glad to see you survived the evening, Nick, I was getting a little worried about you)
There's a smidgen of truth in what you say, Walter, but we low level peons have to stick together, otherwise we'll get over run by an arrogant minority!
You just take my advice young fella and attack ideas, but not people!
I'm going to pull a flossy....
http://www.vancitybuzz.com/2015/06/...eave-metro-vancouver-over-housing-costs-poll/
No, the market can't bear this.
85% of 'miserable' families ready to leave Metro Vancouver over housing costs: poll
http://www.vancitybuzz.com/2015/06/...eave-metro-vancouver-over-housing-costs-poll/
No, the market can't bear this.
85% of 'miserable' families ready to leave Metro Vancouver over housing costs: poll
I'm all for affordable housing but what is one's definition of that. I hear all these kids complaining about affordability but they want the 30th floor condo overlooking Stanley park or a modest 5000 sq ft on Westwood plateau. My first house was 50 years old with 2 br & 1 bath and 850 sq ft. It needed a ton of work so I didn't have a weekend or a holiday or spending money for a couple of years but it was mine and it was home. The younger generations need to come to terms that they aren't going to buy their parents house in Kitsalano and instead look for that fixer-upper in Aldergrove or old condo in the Burnaby backwaters and commute like most of us did 30 years ago.
You have to go to Chilliwack now and there are no fixer uppers left. They all got fixed up or torn down.
Forty three years ago I bought a 12 X 52' trailer for under $8000 and then a few years later bought a 14 X 70' trailer for $20,000, a few years after that we managed to put a fairly substantial down payment on a house for $55,000. Those were the good old days, which sadly are long gone!
The dollar ain't worth a nickel anymore!Can't have affordable anything unless a check is applied to our appetites. We simply have over priced ourselves.
