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01-29-2009, 01:55 AM
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#26 | | Banned (ABWS)
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dont worry the bubble is BURSTING! BOOM!!!!
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01-29-2009, 02:01 AM
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#27 | | Need to Seek Professional Help
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^ it is unlikely that the housing price will go down like it used to be ( like 15-20years ago)
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01-29-2009, 07:10 AM
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#28 | | Willing to sell a family member for a few minutes on RS
Join Date: Feb 2005 Location: Surrey
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gotta deal with it if you want to live here...
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01-29-2009, 07:16 AM
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#29 | | I STILL don't get it
Join Date: Apr 2001 Location: Richmond
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If locals can't afford houses in Vancouver, there are plenty of wealthy people from other countries who can afford to buy a 2nd home here.
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01-29-2009, 07:29 AM
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#30 | | Ready to be Man handled by RS!
Join Date: Nov 2004 Location: Vancity
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well it is one of the best city to live in
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01-29-2009, 09:25 AM
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#31 | | Glorious Gaming PC Master Race
Join Date: Oct 2001 Location: Coquitlam y0!
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Originally Posted by 2damaxmr2  winnipeg ftw. if it wasnt for my job i would move back to winnipeg. | If it wast for the fact its Winnipeg, i would move there too.
Jeebuz is cold. not even for a free house.
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01-29-2009, 09:27 AM
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#32 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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Originally Posted by Synaptik vancouver's housing price is a direct result of mainlanders and hk immigrants coming here and buying up everything in sight.
also lol@rmd acura and rmd automall dealers. never had to work for a sales ever. | that makes as much sense as "if no one fucks, AIDS doesnt matter"
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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01-29-2009, 09:34 AM
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#33 | | I *heart* Revscene.net very Muchie
Join Date: Sep 2004 Location: Vancouver
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01-29-2009, 09:52 AM
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#34 | | OWNER/C.F.O./MONEYMAN
Join Date: Mar 2001 Location: Vancouver
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haha, u get a nice view of the rockies, if the new condo development in front of ur tower isnt blocking the view.
we get lots of hills, but if the city actually finally fixes all those pot holes and uneven road surfaces from other contractors like telus, rogers, housing, from digging up a new paved surface then 1/2 ass patch it back up, it make roads easier to drive on.
the crisp clean air is slowly but surely being polluted from all the construction and development. the trees we had were blown down by the heavy wind we had past years..
I can see vancouver slowly turning into something like LA. the only thing we got going for us is the natural resources, however its just a matter of time =/
That being said, vancouver IS a great place to live, its just that the cost to live here is way too high for what u get. When they first designed vancouver, they did not expect these high numbers of population, thus why we dont have the infrastructure to support it. There is only so much skytrain can do, buses use the same routes as cars. we dont have the freeways to move the mass of cars from point to point like other cities.
Condo prices will go down even further, housing prices will go down, but not at the same rate.
According to the studies, they said if u lived in vancouver, it would take u roughly 8 years to save up enough to look towards purchasing a place of ur own. other cities like toronto, around 3-4 years. This factors in the cost of living.
It becomes a big surprise when u go to other cities and compare the cost of living there. EG, a can of coke in HK is roughly 40-50% cheaper compared to its price in vancouver. Quote:
Originally Posted by BNR32_Coupe There's nothing to complain about. Look to the north and we got a nice view of the rockies. We got lots of hills, too, so look to the south and you see richmonds city scape glimmering at night. Look south east and notice the kickass sunset. We got lots of trees around, the air is crisp and fresh, everythings green and nice (when its sunny).
Go to a different city, like LA, and you'll see a lot of the "ghetto". Go to Toronto and it's way too packed, no scenic view. Go to Tokyo and all you'll see is concrete or glass. We put "Beautiful British Columbia" on our license plates, jack up housing costs, and boast the #2 - 3 best city in the world to live in for a reason. | | |
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01-29-2009, 09:55 AM
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#35 | | No Duplicate Accounts Allowed
Join Date: Jan 2009 Location: Vancouver, bc
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my parents friends are buy properties like crazy these days
dad just bought another condo in richmond for 500k
we have 6 properties under our belts
good stuff
easy cash
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01-29-2009, 10:12 AM
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#36 | | I *heart* Revscene.net very Muchie
Join Date: Sep 2004 Location: Vancouver
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housing prices are gonna drop a lot in the next few years, the boom is over 
probably better to buy 5 houses during 2012 i think
when ur in a financial crisis, that will happen  | |
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01-29-2009, 10:16 AM
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#37 | | Banned (ABWS)
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Originally Posted by Mice my parents friends are buy properties like crazy these days
dad just bought another condo in richmond for 500k
we have 6 properties under our belts
good stuff
easy cash | you got freaking ripped off
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01-29-2009, 10:27 AM
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#38 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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Originally Posted by Mice my parents friends are buy properties like crazy these days
dad just bought another condo in richmond for 500k
we have 6 properties under our belts
good stuff
easy cash | who buys sub million CONDOs for investments?
Ask any real estate agents and they will tell you to instead by 1 freaking decent single family house than 4 condo to collect rent.
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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01-29-2009, 12:14 PM
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#39 | | Need to Seek Professional Help
Join Date: Apr 2004 Location: Alpha Centauri
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Originally Posted by Turbo E If it wast for the fact its Winnipeg, i would move there too.
Jeebuz is cold. not even for a free house. | It is not cold as you think. Infact i think it is colder here than winnipeg. It is a different kind of cold in winnipeg.
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01-29-2009, 12:17 PM
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#40 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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Originally Posted by 2damaxmr2 It is not cold as you think. Infact i think it is colder here than winnipeg. It is a different kind of cold in winnipeg. | I thought Winnipeg hits -30 during winters?
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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01-29-2009, 12:44 PM
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#41 | | Need to Seek Professional Help
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it doesnt feel like below 30. i survived in winnipeg without having a car.
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01-29-2009, 01:34 PM
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#42 | | My homepage has been set to RS
Join Date: Dec 2003 Location: Van
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is it not windy? maybe that's why
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01-29-2009, 02:11 PM
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#43 | | Banned (ABWS)
Join Date: Apr 2007 Location: Vancouver
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Originally Posted by 2damaxmr2 it doesnt feel like below 30. i survived in winnipeg without having a car. | -30? your nuts must be tucked way into your body. might as well call them ovaries
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01-29-2009, 02:15 PM
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#44 | | No Duplicate Accounts Allowed
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Originally Posted by hung_low you got freaking ripped off | Quote:
Originally Posted by wouwou who buys sub million CONDOs for investments?
Ask any real estate agents and they will tell you to instead by 1 freaking decent single family house than 4 condo to collect rent. | You jealous?
It's okay I understand. It's impossible for you to purchase a home in Vancouver unless you have strong financial backups. My parents just transferred two of their homes under my name.
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01-29-2009, 02:58 PM
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#45 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
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Originally Posted by Mice You jealous?
It's okay I understand. It's impossible for you to purchase a home in Vancouver unless you have strong financial backups. My parents just transferred two of their homes under my name. | why would I be jealous? start reading other forums on RS you know, especially the business one.  I am quite content with my investing ability as of today.
I am merely stating a point from financial investing perspective, in which case sub-million condo has the worst financial performance in terms of returns compared to single family houses, townhouses, or million + condos. You can buy a 500K condo 5 years ago and it will go up by most 15% in 5 years, where as single family houses will see close to 30-40% if you pick the right one with reno.
P.S, what your parents made doesnt make you better, you will just turn into another SFUdropout 
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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01-29-2009, 03:29 PM
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#46 | | y'all better put some respeck on my name
Join Date: Dec 2002 Location: Vancouver
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Great, another troll who's going to start claiming he has 10 houses, a private jet and a Lambo as a daily driver.
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01-29-2009, 03:45 PM
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#47 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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Originally Posted by Jah Al Zawahiri Great, another troll who's going to start claiming he has 10 houses, a private jet and a Lambo as a daily driver. | so you are jealous of him too?
He just has 2 homes transferred to him, that's like Hyde, except better
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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01-29-2009, 03:49 PM
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#48 | | y'all better put some respeck on my name
Join Date: Dec 2002 Location: Vancouver
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Lol, everyone wants to be like Hyde.
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01-29-2009, 04:00 PM
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#49 | | Willing to sell body for a few minutes on RS
Join Date: Jul 2001 Location: Cloverdale
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Originally Posted by Mice You jealous?
It's okay I understand. It's impossible for you to purchase a home in Vancouver unless you have strong financial backups. My parents just transferred two of their homes under my name. | LOL
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The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I donīt care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. Thatīs how winning is done. Now, if you know what you worth, go out and get what you worth. - Rocky Balboa | |
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01-29-2009, 04:28 PM
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#50 | | Banned (ABWS)
Join Date: Jan 2009 Location: Burnaby.
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Originally Posted by Mice my parents friends are buy properties like crazy these days
dad just bought another condo in richmond for 500k
we have 6 properties under our belts
good stuff
easy cash | RIPPED off indeed!
havent you seen the news? condo prices have dropped DRAMATICLY especially in richmond new west and coquitlam.
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