I need the biggest yard you have.
No that’s too big.

:lawl:

Easy there, Socrates...

This. People need to stop posting stupid stories about their folks "hustling hard" in the 70's/80's and being able to buy a place, that has literally no resonance on today's climate.

We just came back from Phoenix yesterday and I was speaking with a late 60-something retiree from Vancouver, the topic of housing came up -- he was a professor at UBC, friend of a friends.

The man had such an honest take on the idea that his generation should acknowledge and recognize how lucky and privileged they were to be in the right place at the right time circumstance wise. He described how much he hated hearing his boomer friends on the golf course talking about younger folks needing to pull up their bootstraps and simply "work harder" to achieve what they did. It's such an indignant and disingenuous take on a real problem.

Needless to say it was refreshing to see someone so well-established carry such an honest opinion on the subject, one that I don't hear that often from his generation.

My mom has no disillusion that we aren't working hard enough, she knows they had it easy and regrets not taking more risks with their money. Dad was too conservative about things.

She's pushed hard for us to buy a house and said we should have bought a house when we bought the townhouse. We were just simply not in the right financial place to buy a house, nevermind that at that stage of life I had no desires to own a SFH. I wasn't even sure I wanted kids at that point.

Mike I think it’s the perfect example of how someone like a professor, who’s around a demographic it affects so often would carry that opinion. It’s just like people in small towns with only white folks end up racist. People really lack empathy for those they aren’t around and fall into that tribalism mentality whether it’s socioeconomic, race or otherwise. Certainly not everyone, as some people just “get it” but the majority of people have shown that they don’t.

Modern problems require modern solutions. Unfortunately "hard work" isn't a solution when all the hard workers are exploited by the rich, investors, REITs, etc. capitalism is just starting to look like new age feudalism now.

The modern solution (which is the same as the old solution) is to move to another place that provides greater opportunity.

https://www.rew.ca/properties/402058...e-vancouver-bc

I'm loving this layout.

They have a proper foyer, the powder room on the main floor is tucked away so guests have privacy when they use the toilet, there's a mudroom for the back entrance, laundry on the bedroom level, and my all time favourite... the toilet in the master washroom is separate. It would be nicer if they had one more full bathroom though.

The design/theme is to be desired for me, but I love the layout of this place.

Not bad! Interesting that there are 4 levels in total... Only drawback is that you can't rent any part of it out, but in that neighbourhood (MacKenzie Heights), it shouldn't be a deal-breaker.

It looks like things are slowing down... seeing longer days on market for many properties.

Return to the office, interest rates and inflation, millennials tapped out...?

I'd say all of the above and more places on the market so more selection for buyers to choose from.
Going to be interesting to see how things go in the next few months.

Sorry or you're welcome for the market slow down guys, I was about to list my place :lol

Various agents were confident that I'd be able to fetch about 850k for my place 2 months ago in a matter of days. There's two similar sized townhouses in my complex that have been sitting on the market for 15 days at 699k

Just curious why you're selling?

Maybe I'm getting older and start to lack patience with people or idiots in general. Was reading an article of this young couple couldn't afford to buy in the city, so they bought a vacation home and rented it out. Money from there (investment) will eventually be used to fund their main home purchase one-day. See comments of people saying they aren't helping the problem we are facing and that they are the problem. Like WTF do you want people to do? Like save enough before they buy?.....

Ain't no different if your boss gave you a pay raise, then turns around and jacks up prices of their products/services to consumers to cover your raise. Are you gonna be like "noooo, i don't want the pay raise as I don't wanna add to the society issues of higher cost of living".

Seems like these assclowns that bitch on news article posted on FB are the ones that are haters, and can't afford shit as all do they do is spending their time doing shit that adds no value.

@Euro7r

I feel like i'm the same way. My patience is almost at zero these days and I feel like i'm getting grumpier... I don't think that's a good thing though.

My wife says I lack empathy.

Seems like investors/flippers might be exiting the market, that's when you'll start to see prices trend down.

And it seems like not only will buyers have to deal with higher rates in the coming months but lending in general might be tighten...

Delete your Facebook account, or run messenger only

Your own IQ will increase by 9000 overnight, simply by not reading cringy fb articles started by vegan flat earther antivax mouth breathers, supported by a herd of their inbreeds

:thumbs:

The first cringey article I see:

https://www.facebook.com/15446366794...8605653195854/

And the comments.. facepalm.

Sent from my SM-G781W using Tapatalk

In my friends groups through WeChat and stuff there are a LOT of so-called “distress sales” being posted now for condos but if you do the math they’re not distress sales at all, they’re still selling for flipper profits but trying to garner more attention by calling it a distress to get people looking. Not the best sign in the world for people looking to continue profiting.

^ hopefully a good sign for people looking to just "live" instead.

699k clearly trying to entice a bidding war which aren't happening anymore. I have bid on 4 places in the last 6 months and originally had to compete with 8-10 offers, now we're only battling 1-2 people max.

Life crumbled into the shitter lol. Bought it in the peak in 2016, as I thought I'd have a family to fill it with by now but that didn't work out. So my forever alone ass doesn't need a 3-bed townhouse because coming home to an empty house sucks + I think my time in this city (Coquitlam) and the lower mainland is done. Grateful that I managed to have it paid off but money really means fuck all without a greater purpose and just buying shit isn't a purpose. Life is short boys & girls, enjoy your time with your loved ones...

/lifestory /liferant

Damn. I'm sorry life hasn't worked out the way you wanted it. Having any real estate in BC paid off is quite the accomplishment, you should totally be proud of that.

Where do you think you'll go?

Not sure if first world problem, $850 for 3 bed town house sounds real cheap.

But yea I feel like prices peaked a bit late Feb right before Putin started the war and rates went up. I think ppl are holding off right now as Coronas isn't real, you can flee communist Canada now and there's that cooling thing coming up. I think ppl are just waiting it out to see what happens. I doubt existing home owners are hurting to sell. If prices ain't favourable there's no point to sell and what are you gonna rebuy.

I was talking to a realtor today and he said things are sitting on the market for longer but it's cuz there's more listings. He said realtors are already coming up with ways to skip the cool down policy :lawl:

rb dude… glass half full I hope it’s not health issues but if it’s just a damn relationship broke down (kind of sounds like it) it will pass with time even you didn’t think it will… it’s not an empty home it’s a sweet pad with a garage you can do whatever you want, have a games room, etc… half the guys on this forum probably wish they had that situation including the ones with kids etc.

Don’t get too hung up on what could have been, it’s just an opportunity to do even better once you dust yourself off a bit.

Fully support new beginnings though if that revitalizes you!! Hope everything works out for the best.