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-   -   Vancouver's Real Estate Market (https://www.revscene.net/forums/674709-vancouvers-real-estate-market.html)

GS8 02-29-2024 07:29 PM

This thread


Badhobz 02-29-2024 07:31 PM

Quote:

Originally Posted by donk. (Post 9127897)
But have any of you ever shit in a womens washroom?

Now that feels good.

No… but I have filled up my super soaker in the girls bathroom when I was in grade 2 and got my ass beat by mean ass catholic nuns. They didn’t believe me. I needed water !!!!

donk. 02-29-2024 07:39 PM

Quote:

Originally Posted by GS8 (Post 9127908)
This thread


Thats a great pic, im gonna make one with my car, and frame it above my toilet

6793026 03-01-2024 07:15 AM

Quote:

Originally Posted by Euro7r (Post 9127784)
Speaking of old building designs. I don't know whom the fuck created such a stupid design at my current workplace. The men's washroom has one stall for the entire floor. And the floor is shared with two companies. When I was still in office work, not a single fucking time the stall was available. Literally you would either hold your shit till you get home or wait until after work hours when no one was in office to rip one.

Not sure what building you're at or area, i'm at a burnaby building and maybe cause it's old or design back in 1970s and because of this, I walk down 1 floor to use someone else's. It's epic when it's a fancy hipster IT company. LOL.

JDMDreams 03-01-2024 12:30 PM

First time home buyer incentive for cancelled, o Dem poor renters:ahwow:

https://www.cbc.ca/news/business/fir...nued-1.7130966

Gerbs 03-01-2024 01:08 PM

that's a shitty incentive anyways, we have an issue with supply not incentives boosting demand

JDMDreams 03-01-2024 07:34 PM

But would someone think of the poor redditor renters

68style 03-01-2024 10:40 PM

^ If something wasn't funny / missed the mark the first time............. it will probably do exactly the same if you double down on it.

PeanutButter 03-03-2024 03:05 PM

I was at Church today and was talking to an old church member. She's around 85 years old and i've known her since I was a child.

Anyway, she was saying how it's so hard for young people these days and we got to talking about real estate. She told me she bought her house in the 80's for $70,000, a Vancouver Special that she still lives in today. She very quietly asked me, "Do you know how much it is worth today?".. Then she said, "It's at least $300,000".

I looked at her and just started giggling. I quietly told her that the house is probably worth at least $2M and she looked flabbergasted. Then we joked about her being a millionaire.

It was such a funny interaction. I don't know if she was being serious, but she is also a little senile these days, so who knows. It was a fun interaction.

JDMDreams 03-03-2024 07:02 PM

What would you do with $2m at 85 though, your body is probably done, everything hurts no energy

Gerbs 03-03-2024 07:50 PM

Would ya rather have $1M at 85 or $35K at 30?

PeanutButter 03-03-2024 07:59 PM

At 85, I don't think money is anywhere close to a priority. It's health. I'm sure anyone would gladly trade the $2M for their health back at that age.

I asked her what her biggest expense is these days and it's her medication. She said it was $300 a week. She said it was mostly a diabetic medication and her mental illness medication.

PeanutButter 03-03-2024 08:01 PM

Quote:

Originally Posted by Gerbs (Post 9128149)
Would ya rather have $1M at 85 or $35K at 30?

$35k at 30 years old invested in the market at 10% return = $5M at 85.

Gerbs 03-03-2024 08:25 PM

Quote:

Originally Posted by PeanutButter (Post 9128152)
$35k at 30 years old invested in the market at 10% return = $5M at 85.

$15K at 30 years old or $3M @ 85!

PeanutButter 03-03-2024 08:28 PM

I think the right answer is always younger. So $15k at 30 years old! Money doesn't do much for someone who's 85.

carsncars 03-03-2024 09:03 PM

Quote:

Originally Posted by PeanutButter (Post 9128137)
I was at Church today and was talking to an old church member. She's around 85 years old and i've known her since I was a child.

Anyway, she was saying how it's so hard for young people these days and we got to talking about real estate. She told me she bought her house in the 80's for $70,000, a Vancouver Special that she still lives in today. She very quietly asked me, "Do you know how much it is worth today?".. Then she said, "It's at least $300,000".

I looked at her and just started giggling. I quietly told her that the house is probably worth at least $2M and she looked flabbergasted. Then we joked about her being a millionaire.

It was such a funny interaction. I don't know if she was being serious, but she is also a little senile these days, so who knows. It was a fun interaction.

The guy I bought my house from - he was a guy in his 80's who had bought the house in the 1960's.

I got to know him a bit because part of the terms of the sale were that he leased back the basement suite while he waited for a place in a retirement home. His granddaughter who was helping with his move said he initially balked at retirement homes because he didn't think he had a way to afford $30-45K/year. He thought his house was worth maybe $120-150K... not 10x that. It was actually a little sad - although he was obviously happy with the $$$ - he regretted that he didn't know earlier and didn't take the opportunity to travel a bit more before he got more frail.

whitev70r 03-03-2024 09:54 PM

I wonder if it will happen to us, one day when our homes are worth $20M per and we balk at taking a $200,000 vacation.

Perhaps it's all a perspective of scales.

PeanutButter 03-04-2024 07:43 AM

I think with the advent of the internet, information is so much more available for our generation, so I think we will be way more informed in the future.
The lady at my church doesn't even use a cell phone. She only uses a landline.

CRS 03-04-2024 07:51 AM

Quote:

Originally Posted by PeanutButter (Post 9128174)
I think with the advent of the internet, information is so much more available for our generation, so I think we will be way more informed in the future.
The lady at my church doesn't even use a cell phone. She only uses a landline.

This cuts both ways. There's ample misinformation available everywhere as well. What a lot of folks lack is the ability to critically evaluate they get instead of taking what they read as just facts/truth.

bcrdukes 03-04-2024 07:52 AM

What's a landline?

supafamous 03-04-2024 07:57 AM

Quote:

Originally Posted by PeanutButter (Post 9128174)
I think with the advent of the internet, information is so much more available for our generation, so I think we will be way more informed in the future.
The lady at my church doesn't even use a cell phone. She only uses a landline.

I would have thought most people would read their annual letter from BC Assessment but I suppose someone of that age might have that taken care of by their kids (along with all the other forms you have to fill out deferring property taxes and empty homes etc).

PeanutButter 03-04-2024 08:23 AM

Quote:

Originally Posted by supafamous (Post 9128178)
I would have thought most people would read their annual letter from BC Assessment but I suppose someone of that age might have that taken care of by their kids (along with all the other forms you have to fill out deferring property taxes and empty homes etc).

Her husband always took care of the bills, taxes, finances, etc. and when he passed away her daughter and son runs the house for her, so I suspect that's why.

Interestingly her youngest daughter who lives on the island and doesn't help out at all is the favourite out of the three children and i've heard rumors that this youngest daughter is getting the lions share of the estate. Which is wild if it is true, since the two other children are doing everything for you, I would think the estate to be at least split evenly.

PeanutButter 03-04-2024 08:37 AM

Quote:

Originally Posted by whitev70r (Post 9128163)
I wonder if it will happen to us, one day when our homes are worth $20M per and we balk at taking a $200,000 vacation.

Perhaps it's all a perspective of scales.

I can't fathom this ever being true.

I guess that is the point.

Badhobz 03-04-2024 08:48 AM

Quote:

Originally Posted by bcrdukes (Post 9128177)
What's a landline?

Yeah go back to the 90s you pay phoney bastard ! You wanna break out the yellow pages and the pager while you’re at it? Or how about you call moviefone while I rollerblade to your house.

Landline…. Stupid ah mo

donk. 03-04-2024 08:49 AM

People could not fathom spending 150k for a house in 1980, 1.5 mil in 2020, 15mil in 2060


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