Why Does Vancouver Have The Highest Real Estate In Canada?
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tom
post May 8 2008, 04:33 PM
Post #1
 


anyone know? what makes people pay a premium to live in vancouver when they can get a big house in the sunshine coast?

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YajiKita
post May 8 2008, 04:34 PM
Post #2
 


Why not live in Flin Flon? Bet you can get a huge house there for next to nothing.

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MJ
post May 8 2008, 04:36 PM
Post #3
 


It is all about June to August. The place is the best then. No city looks better with the mountains, water, beaches...
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I'm A Complete Duce
post May 8 2008, 04:48 PM
Post #4
 


Manitouwadge, Ontario
$34,900

$39,900


Nipigon, ON (60 miles east of Thunder Bay)

$42,000



$45,000

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Guest M
post May 8 2008, 04:52 PM
Post #5
 


people do fall in love with this city for te few months that it blossoms and is beautiful - but they get a huge wake-up call by fall.
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watcher
post May 8 2008, 04:54 PM
Post #6
 


theres only so much land available and everyone wants a piece of the rock, so the ante is very high very very high
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Guest
post May 8 2008, 04:58 PM
Post #7
 


Duce, people don't wanna in Ontario cuz it's too cold in the winter, too humid in the summer & too many moskiterzzzzzzzzz!
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I'm A Complete Duce
post May 8 2008, 05:19 PM
Post #8
 


so you would rather pay 800,000 for a house for the nicer weather instead of 45,000 on a 5 or 10 year mortgage and then live almost free the rest of your life in Northwestern Ontario?
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Guest M
post May 8 2008, 05:21 PM
Post #9
 


the west side is doomed for land slides, I never seen it so bare from clear cutting and building.


stupid investors in this city aren't from it, neither are many of the major building corps.

you're stupid to buy here these days - ignore the hype, you will be bankrupt.
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Guest M
post May 8 2008, 05:25 PM
Post #10
 


The builders employ heroin addicts and many workers are drunk on the job. The worse are the outside investors trying to build for a quick buck and buy materials that will not withstand rainforest temperatures and humidity. many are from drier areas, or sunnier areas and are dumb as shit when it comes to long-term thinking.
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U
post May 8 2008, 05:25 PM
Post #11
 


QUOTE (I'm A Complete Duce @ May 8 2008, 05:19 PM) *
so you would rather pay 800,000 for a house for the nicer weather instead of 45,000 on a 5 or 10 year mortgage and then live almost free the rest of your life in Northwestern Ontario?



yes, no doubt about it
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guest
post May 8 2008, 05:26 PM
Post #12
 


QUOTE (tom @ May 8 2008, 05:33 PM) *
anyone know? what makes people pay a premium to live in vancouver when they can get a big house in the sunshine coast?



Ever had to commute from Horseshoe Bay to Gibsons on a regular basis? Therein lies your answer.
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I'm A Complete Duce
post May 8 2008, 05:27 PM
Post #13
 


You people have been smoking too much pot
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Guest M
post May 8 2008, 05:28 PM
Post #14
 


QUOTE (guest @ May 8 2008, 05:26 PM) *
Ever had to commute from Horseshoe Bay to Gibsons on a regular basis? Therein lies your answer.<br />


but Vancouver has the lowest paying jobs in all of Canada when you factor in the price of buying. it's a stupid investment. you won't be able to cover the deductable for your insurance when you face the reality of the poor materials of your "place" and face your vanity.
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Guest M
post May 8 2008, 05:30 PM
Post #15
 


or you can ignore all of that, become ill in 6 years and keep going to doctors and wait until the 10th year to see mold and then wonder why your immune system is shot to shit.
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Guest M
post May 8 2008, 05:38 PM
Post #16
 


Is any of this sinking in?
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Guest
post May 8 2008, 05:57 PM
Post #17
 


QUOTE (I'm A Complete Duce @ May 8 2008, 05:19 PM) *
so you would rather pay 800,000 for a house for the nicer weather instead of 45,000 on a 5 or 10 year mortgage and then live almost free the rest of your life in Northwestern Ontario?


Well I heard some people are doin' that. Retirees. Some Ontario towns have remade themselves due to plant or mine shutdowns. Now they're retirement havens. There was a story on the CBC news about that. And the towns are doing OK. Like you say, the retirees don't wanna spend all of their money in Toronto, so they're moving North, at least in the Summertime. Then they move South to Florida or some warmer clime in the Winter.
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Guest
post May 8 2008, 05:59 PM
Post #18
 


QUOTE (Guest M @ May 8 2008, 05:28 PM) *
but Vancouver has the lowest paying jobs in all of Canada when you factor in the price of buying. it's a stupid investment. you won't be able to cover the deductable for your insurance when you face the reality of the poor materials of your "place" and face your vanity.


You're absolutely right. All that money spent on one overpriced piece of real estate, when it could be spent on a cheaper place, with better materials, easier, cheaper to maintain, and what do you know? MOney left over for retirement, vacations and time to do things in the city which were inaffordable due to the high cost of housing here.
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I'm A Complete Duce
post May 8 2008, 06:28 PM
Post #19
 


A few of the homes I posted are in one of those towns. Manitouwadge was a mine town and right at 50 years when they said the mine would run out, it did. Seniors from London and GTA have bought some of the homes as it has a big lake and they also buy in florida and one guy and his wife bought a house in Manitouwadge, a big boat in florida and an airplane to fly between the 2 of them for the price of the house they sold in southern Ontario. The big town that did that was Elliot Lake near Sudbury.
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guest
post May 8 2008, 07:03 PM
Post #20
 


QUOTE (tom @ May 8 2008, 04:33 PM) *
anyone know? what makes people pay a premium to live in vancouver when they can get a big house in the sunshine coast?


Every heard of something called "market forces"? Too few houses/condos sold to too many buyers result in high prices. Want to pay less? Go somewhere that has less demand and more supply. Very simple.
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Guest
post May 8 2008, 07:15 PM
Post #21
 


QUOTE (I'm A Complete Duce @ May 8 2008, 06:28 PM) *
A few of the homes I posted are in one of those towns. Manitouwadge was a mine town and right at 50 years when they said the mine would run out, it did. Seniors from London and GTA have bought some of the homes as it has a big lake and they also buy in florida and one guy and his wife bought a house in Manitouwadge, a big boat in florida and an airplane to fly between the 2 of them for the price of the house they sold in southern Ontario. The big town that did that was Elliot Lake near Sudbury.


Hey! sounds like a good plan ta me! I wanna do the same thing. Just snowbird it. Even people who've lived here all of their lives & have stable jobs are sayin' that it just gets tougher and tougher in Vancouver all the time. And a lot of them make a decent wage and work real hard and try to put as much away as they can for retirement. But they're workin' longer hours even tho' they're gettin' older. It's jes' gettin' more expensive all the time. At lot worse 'n 30 years ago. People who come back from Central America, parts of Asia, say it's 1/10 the cost of living and just as livable if not more. So why not just leave and go where the cost of living is anywhere from 50-90% less? No sense 'n bustin' yer butt and at the end of the day having nothin' left to spend.
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Guest
post May 8 2008, 07:33 PM
Post #22
 


Real estate agents keep promising ever higher prices and returns for real estate. But I wonder at which point they're just gonna price themselves and everyone else outta the market. Now that at least 50% are in that bracket, wonder what it's gonna be when it's at least 80 or 90%? Maybe Vancouver'll just become the domain of the filthy rich or the severely indebted.
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Weed Mcfeed
post May 8 2008, 08:10 PM
Post #23
 


QUOTE (I'm A Complete Duce @ May 8 2008, 05:27 PM) *
You people have been smoking too much pot


YEp, that's why the houses are expensive in Van City. The best place to set up those grow-ops. Huge space, cheap electrucuty, good location to disperse 'the product.'
Healthy competition with the Government's grow-ops is good.
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Guest
post May 8 2008, 08:28 PM
Post #24
 


QUOTE (Weed Mcfeed @ May 8 2008, 08:10 PM) *
YEp, that's why the houses are expensive in Van City. The best place to set up those grow-ops. Huge space, cheap electrucuty, good location to disperse 'the product.'
Healthy competition with the Government's grow-ops is good.

When I worked in a real estate office not too long ago, when I did the agents homeowner evaluations, it seemed that at least 1 in 5 houses in the East End was labled a grow-up. But still, even those places were goin' for $500,000. Must be even be higher now. Unbelievable, but true. All that money for so much junk--places that are probably covered in the stench and smell of marijuana, fertilizer and manure.
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Weed Mcfeed
post May 8 2008, 08:39 PM
Post #25
 


QUOTE (Guest @ May 8 2008, 08:28 PM) *
When I worked in a real estate office not too long ago, when I did the agents homeowner evaluations, it seemed that at least 1 in 5 houses in the East End was labled a grow-up. But still, even those places were goin' for $500,000. Must be even be higher now. Unbelievable, but true. All that money for so much junk--places that are probably covered in the stench and smell of marijuana, fertilizer and manure.


BINGO!!

puff, puff ....

here, you get weed for that! (passes weed)

God , I love these expensive houses....lots of room for all my stuff!
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Shinta Chan
post May 8 2008, 08:58 PM
Post #26
 


angry.gif
Why wiggins? Why? Did you feel these pictures were necessary? This had nothing to do with the conversation, Sad. sad.gif





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YajiKita
post May 8 2008, 09:02 PM
Post #27
 


And what is there to do in Manitouwadge or Nipigon? I don't just mean entertainment; what kind of work would possibly be available?

I prefer to live at least close to a large urban area for the amenities, opportunities, ease of travel... Living in the middle of nowhere might be cheap, but it also means being deprived of all those things.
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I'm A Complete Duce
post May 8 2008, 09:04 PM
Post #28
 


well for 60 grand you can buy a house in Thunder Bay which is 110,000. Nipigon and the rest are small towns 100km or more away from it
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Guest
post May 8 2008, 09:08 PM
Post #29
 


QUOTE (YajiKita @ May 8 2008, 09:02 PM) *
And what is there to do in Manitouwadge or Nipigon? I don't just mean entertainment; what kind of work would possibly be available?

I prefer to live at least close to a large urban area for the amenities, opportunities, ease of travel... Living in the middle of nowhere might be cheap, but it also means being deprived of all those things.


Maybe in retirement when a person aint good fer much else anymore. Makes sense. But not for an energetic 20 year old.
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Guest
post May 8 2008, 09:09 PM
Post #30
 


QUOTE (Shinta Chan @ May 8 2008, 08:58 PM) *
angry.gif
Why wiggins? Why? Did you feel these pictures were necessary? This had nothing to do with the conversation, Sad. sad.gif


Sick in the head. Will probably hear about that person in the paper sometime gunning down a classroom. Oh well, what can you do?
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