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Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

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Old 12-01-2011, 07:46 AM   #1
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Old 12-01-2011, 08:00 AM   #2
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First!
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Old 12-01-2011, 08:42 AM   #3
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Second?
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Old 12-01-2011, 09:40 AM   #4
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If you've got $500K lying around you should buy 10 $500K condos with a $50K downpayment. If you've got friends convince them to do the same.
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Old 12-01-2011, 09:47 AM   #5
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^ agree with taylor192.
but I would be taking this money back to HK to buy there since there was a slight dip in there housing market there.
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Old 12-01-2011, 10:44 AM   #6
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A realtor comes in and spoils the fun:

PM me.

k no the idea is over the winter there are indeed deep cuts in many houses because of the lack of action in the market, there are no bad news or good news going on the market is simply stagnant over the Xmas month. If you wanna spend your 500K now is probably as good of a time as ever. As for new houses the presentation center has to stay running but they aren't seeing enough action, now is the time to haggle. At least get some tax incentives or even price cuts if you are in the right situation and right moment to do a purchase quickly.

As for your "investment" it depends if you want to make full use of your 500K towards something that "has the probability to run with inflation" or even "be ahead of the inflation of other commodities" .... if it's easy money and you want to just blow it on a 200K car it's cool but you will be losing a chunk of that in years later, whereas in a house you have good chance to retain that 200k, or even make a profit.

also at 400k down you should be able to easily get a mortgage covering your 1-1.5mil house given you have a good credit situation.
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Old 12-01-2011, 11:21 AM   #7
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No, I think this is a good time to go work on an oil rig.

If that doesn't work out, just go start a business with 1 million.
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Old 12-01-2011, 11:45 AM   #8
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Someone's gotta say it or it isn't RS:

500K on black.
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Old 12-01-2011, 11:51 AM   #9
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buy a ship and name it '"relation"

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Old 12-01-2011, 01:43 PM   #10
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Someone's gotta say it or it isn't RS:

500K on black.
better odds on red
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Old 12-01-2011, 02:29 PM   #11
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better odds on red
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Old 12-01-2011, 02:30 PM   #12
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better odds on red
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Old 12-01-2011, 02:44 PM   #13
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i was thinking of the exact same scene lol
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Old 12-01-2011, 11:04 PM   #14
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with your 1st three epics posts...i felt bad for you for having zero directions in life

now this pops up

pretty much just confirms you are a troll
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No, I think this is a good time to go work on an oil rig.

If that doesn't work out, just go start a business with 1 million.
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Old 12-01-2011, 11:22 PM   #15
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$200k car man and rent a penthouse downtown if you want the pussy!
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Old 12-01-2011, 11:29 PM   #16
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Fuck the house... I Sold Everything To Buy A Lamborghini And Drive Across The Country
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Old 12-01-2011, 11:36 PM   #17
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Someone's gotta say it or it isn't RS:

500K on black.
how about even?
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Old 12-01-2011, 11:57 PM   #18
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IMO pretty sad people with huge disposable cash need to ask an online forum as to what to do

Personally id build a house.

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Old 12-02-2011, 01:17 AM   #19
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^

Pretty sad you actually believe the OP
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Old 12-02-2011, 02:16 AM   #20
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this guy is probably mr85 or whatever his username was.
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Old 12-02-2011, 02:32 AM   #21
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Old 12-02-2011, 08:34 AM   #22
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I couldn't understand a thing you said. I think I managed to clean it up.

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Say you got 500-600k or so lying around, is it a good time to buy a house in the 1-1.5 million dollar price range or should you show people that mommy and daddy are so rich that I can wipe my ass with cash?
Maybe you should buy the bridge you live under.
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