Why does that matter if everyone's change is relatively proportional? Taxes would be the same, no?

I used to live across the street at Uptown 1 :fullofwin:

Units there were going for $1000 / sq ft during peak stupid buying season.

Built without a 4th, 13th and 14th floors but mostly Latino migrants in it now :lol

All the high rises in that area are pieces of shit.

I guess if just that class of house is down but others stay the same then it could mean less tax for the class of home that is declining?

It's just an observation that the market is now well and truly in decline after a few years of higher interest rates and a slowing economy. Selfishly I don't want to see it but the reality is that it needs to happen since prices are so unaffordable.

City revenues are starting to see the hit - Vancouver just temporarily cut their development fees by 20% and are allowing 75% of the fees to be paid at occupancy while Burnaby had to lower their inclusionary zoning requirement to make condo development feasible. It's going to get worse as cities have been charging really high development fees that have been making new housing unprofitable.

Decline yes. Adjustment yes. Few years a of higher interest rates is meh... cause we did see a great 2-3 years of low interest rates during COVID. People never talk about the 40% increases.

Are prices affordable, in a way, I feel it's a correction. People did spend beyond their means and took it for granted. Unaffordable is defined differently for many. Who's ubering each day instead of taking the bus. Who's doing BBT on Skip every 2 days are the SAME people complaining while using a $100 phone plan with 100GB of data - "oh no.. Freedom sucks" (yet they are on wifi at home 80% of the time). I'm on the other hand saved $1000 end of year cause I moved form Rogers to virgin.

It's complaining about "I wnat to work from home"... shut the front door. It's been 2 years since COVID, it's getting back to normal. 100% work from home jobs are rare and almost like unicorns. You'll be lucky to be finding roles right now for a job.

No more 2 offers from 2 jobs and finding a job every month.

I see it as an adjustment.

This is lower than I expected for SFH in East Van. $1.29M which is 25% lower than the latest assessment and even lower than the last sold price in 2018.

https://www.zealty.ca/property/BC/Va...T-mls_R3063477

The 1 bathroom was probably the deal breaker for most.

https://dvvjkgh94f2v6.cloudfront.net.../83dcefb7.jpeg

what a piece of shit..... good price though?

i can basically smell the mould and greasy chinese cooking from my monitor

It still looks liveable...and yeah, good price and that's about it.

Did you shower recently? Maybe it's you that you're smelling.

thats rich coming from a guy who wears scrubs and is NOT a doctor.

Dementia kicking in. Halloween is over.

Yep, though I knew I was never getting assessment, the house is on a busy corner (honestly the left turn from E 29th Ave onto Joyce is one of the worst), the neighbouring properties are tenanted and a bit shabby, and it's only 3 BR/2 BA. I think at peak we might've got $1.55M at best.

Realistically the land would make sense for assembly in the future, but there's plenty of other SFH lots in between Joyce station and our house that can be developed first so it'd be some time.

Works great though!

Y'all should see the fridge I replaced... honestly worked just fine, and the guy who delivered our new fridge said the old fridge would probably outlast the one we were replacing it with:

https://cdnparap130.paragonrels.com/...62542849-6.JPG

https://dvvjkgh94f2v6.cloudfront.net.../4f5344cd.jpeg

Skiing ain't cheap, while it never was, lift tickets are getting fucking ridiculous now.

For swimming, I've been kicking around the idea of buying a wetsuit and do some winter ocean swimming at Jericho. I do distance swimming there and Third a lot in the summer, but never when it's cold.

Might be a new hobby.

Anyone here do any open ocean swimming in the winter?

I don't even ocean swim here in the summer, winter it's too cold and wet, summer it's still cold and red tide, ecoli

Old mechanical appliances are pretty DIY friendly and you can just replace what you need. I'm sure less people would replace these if their colours weren't so period specific.

Inglis for life.