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A good friend of mines dad retired and moved to 100 mile house 2 years ago. Bought a pretty sweet place for 360k. Now places around him are going for 500+ which are no where near as nice lol.. insane |
Lol..check out 3530 Boundary..basically a uninhabited crack shack right near the corner of Boundary and Canada way. Has been for sale for quite some time and finally today noticed a sold sign Listed at 1.29 sold for 1.49 Basically a 100% tear down on Boundary, no frontage, terrible location |
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but they probably have a crazy shortage of land/zoning even worse than we do |
The thing is it only takes an influx of 20 city folk in a town like that, that are used to paying city prices to blow that real estate up with that limited of a supply. |
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Even public toilets are 645k for one these days in Vancouver https://vancouversun.com/news/local-...aises-eyebrows |
open up the alr nobody wants to eat cranberries |
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Maybe the contract was awarded to Glen Clark's neighbour who installed his sundeck for free. |
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FYI that same toilet cost 150K in Nanaimo to install. they installed it next to a concrete planter box so you can stand on the planter box and look inside. |
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How long before that 645K washroom gets trashed by junkies and wont be usable to the general public LUL |
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Over/Under has to be 10 days right? |
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The Vancouver Parks Board are the ones that approved this specific project at that particular cost, that has nothing to do with the NDP government. |
:fuckthatshit: i'd rather find a timmie's |
That toilet thing really blows my mind, I was thinking about it last night. So they are spending 450K on labour, landscaping and plumbing essentially? I priced a small school addition about 3 weeks ago, 10 classrooms. We do walls and ceilings, our total labour to do exterior and interior walls including soffits and all the ceilings for that 10 classroom addition was $176,000 and included 3,690 man hours. That toilet must be as complicated as fuck to take 2-1/2 times that to install. |
We had a few of these toilets installed in downtown Victoria years ago. I think it's probably that they don't have existing Sanitary/Domestic Water and electrical lines anywhere near where they're proposing to put it. |
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so heading up to Vernon on the Easter weekend to look at an investment property? is it too late to find something for a reasonable price? should i be waiting for "the bubble to burst" What are you guys seeing as rates these days? I'm 1 year into a 5 year renewal on my current house and will be refinancing to pull out money to cover 20% on a new house. current rate is 2.39% and the refi rate is 2.09% my broker is telling me a "2nd home" pre-approval right now is 2.19%. that sound right? am i better to just take all the money against my current home and buy in cash? i have enough equity so that's possible. i'm told the benefit to doing the 2nd home mortgage is i can write off the interest? any accountants or anyone with experience can comment? |
Kelowna spent $750k to replace an existing bathroom with a new one that's heated. Just upgrading the old one would've been $350k apparently. I'm not sure if that means you guys are doing okay, or if we got fucked even more than I thought. |
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