Vancouver's Real Estate Market

[AstulzerRZD]

Only Kips Bay / Long Island basics carry Goyard...
That's a 2022 bag here, not a good look.
Van Cleef is also cooked.

Moynat, Dior Book Tote, and the Saint Laurent Sac de Jour are in.
The older money girlies are toting their mom's longchamps like they always have.

[Tapioca]

Spending 40K on clothing may sound crazy, but how much does a typical bro spend on sports betting, their boosted truck, sports car(s), boat, drugs, cigarettes, tattoos, and alcohol?

Sure boomers make fun of millennials for spending frivilously on $5 coffees, but the older that I get, the more I'm coming around to their point...

[AstulzerRZD]

yeah the BMW + Yaletown spot + Punta Mita trips can't be that cheap if they're really bro spending

I'm at 3.2k/mo on my spot.
Clubs and drinks free w/ my promoter.

[unit]

Originally Posted by AstulzerRZD

Only Kips Bay / Long Island basics carry Goyard...
That's a 2022 bag here, not a good look.
Van Cleef is also cooked.

Moynat, Dior Book Tote, and the Saint Laurent Sac de Jour are in.
The older money girlies are toting their mom's longchamps like they always have.

this may as well be a bunch of randomly generated words to me

[Badhobz]

shaddup kids! youre stupid

[CivicBlues]

Originally Posted by AstulzerRZD

Only Kips Bay / Long Island basics carry Goyard...
That's a 2022 bag here, not a good look.
Van Cleef is also cooked.

Moynat, Dior Book Tote, and the Saint Laurent Sac de Jour are in.
The older money girlies are toting their mom's longchamps like they always have.

I don't know why you keep using NYC/LA/Bay references? You realize we're all mostly Canadians living in Vancouver and Toronto right?

[unit]

this thread makes me happy that my wife's most expensive bag is like $200.
also i trim her bangs at home, and she spends $0 on makeup lol

[Badhobz]

Your wife sounds awesome. Good for you for finding someone that wholesome and down to earth.

[pastarocket]

Originally Posted by CivicBlues

I don't know why you keep using NYC/LA/Bay references? You realize we're all mostly Canadians living in Vancouver and Toronto right?

That's a good point. Here's an another point about living in New York state and California that many Canadians may not know.

If you are a millennial or Gen Z with a well paying job, they may not not want to live in New York city or in California because of the state income tax.

In fact, California has the highest top marginal state income tax in the U.S.

California State Income Tax Rates (2025)

California has the highest top marginal state income tax rate in the country. The rates range from 1% to 13.3%, with the 13.3% top rate including a 1% mental health services tax on income over $1 million.
The tax brackets for a single filer or married person filing separately for 2025 are (approximate income brackets):

1% on income up to approximately $10,756
2% on income over $10,756 to $25,499
4% on income over $25,499 to $40,245
6% on income over $40,245 to $55,866
8% on income over $55,866 to $70,606
9.3% on income over $70,606 to $360,659
10.3% on income over $360,660 to $432,787
11.3% on income over $432,788 to $721,314
12.3% on income over $721,315 (plus the additional 1% for income over $1 million, effectively 13.3% at the top bracket)

New York State Income Tax Rates (2025)

New York has a top marginal state income tax rate of 10.9%. New York City and Yonkers residents also pay an additional local income tax.
The tax brackets for a single filer for 2025 range from 4% to 10.9% (approximate income brackets):

4% on income up to $8,500
4.5% on income over $8,500 to $11,700
5.25% on income over $11,700 to $13,900
5.5% on income over $13,900 to $80,650
6% on income over $80,650 to $215,400
6.85% on income over $215,400 to $1,077,550
9.65% on income over $1,077,550 to $5,000,000
10.3% on income over $5,000,000 to $25,000,000
10.9% on income over $25,000,000

One of my American cousins and her husband have high paying jobs as engineers living in Huntington Beach, California.

Surf city. My cousin and her husband have an annual salary of over 250,000 US each.

Huntington Beach is a pretty baller town. AMG S Class and 7 Series sedans, Mercedes/Beemer SUVs and Tesla Model Xs are quite common in that town.

My cousin and her husband make a good salary such that they can afford to pay their house property tax bill of $20,000 US each year.

They have the income to pay American federal and California state income taxes. They are in the Gen X demographic like me.

Millennials and Gen Z may not have the same employment income level as my cousin and her hubby though.

If people in those two demographics are single, they are highly mobile in terms of moving to another state for work. Why not live another state like Texas instead of California and New York.

Texas has no state income tax. There are pockets of highly paid professionals in the millennial and perhaps the Gen Z demographic who live in Dallas.

https://fortune.com/2024/09/13/top-s...florida-texas/

Interesting article. California and New York are NOT the top states where millennials and Gen Z's move to for work.

1. Florida 2. Texas 3. Colorado 4. North Carolina.


Mike, can you confirm if Dallas has pockets of well off millennials and Gen Z's living there? I hear that Dallas is a great place for the young bloods to go shopping at their malls there.


I would also think that the renting or buying an apartment is cheaper in Texas compared to New York or California.

[Badhobz]

Who gives a shit what Americans make

[unit]

Originally Posted by Badhobz

Your wife sounds awesome. Good for you for finding someone that wholesome and down to earth.

shes a bit of a hippie sometimes so that explains some of it

[CivicBlues]

Originally Posted by pastarocket

*snip*

Interesting article. California and New York are NOT the top states where millennials and Gen Z's move to for work.

1. Florida 2. Texas 3. Colorado 4. North Carolina.


Mike, can you confirm if Dallas has pockets of well off millennials and Gen Z's living there? I hear that Dallas is a great place for the young bloods to go shopping at their malls there.


I would also think that the renting or buying an apartment is cheaper in Texas compared to New York or California.

Bro, nobody’s impressed if you live in Texas or Florida. Fuck that...only penthouses overlooking Central Park or a mansion in Agoura-fucking-Hills . Plus think of all the networking opportunities, and ski trips, and golfing!!! Gotta rub shoulders with the top level elite players so I can min-max my lifestyle before I turn 30. I only take my girl and my designer man-bag collection to where the rent hurts my anus.

[Eff-1]

Originally Posted by mikemhg

Delete

Sorry I didn't mean to pull you back in haha.

Take my advice, please! Do NOT have a kid with someone who (1) doesn't share your same values when it comes to finances and (2) you don't know their entire financial history.

If you decide to bring a kid into the relationship, there's going to be so many things you are going to passionately disagree on when it comes to raising said kid. That's normal.

Don't let your finances be one of them, otherwise that's just suicidal.

My wife and I have have enough challenges with our relationship and our parenting. At least financially, we are on the same page. Otherwise for sure we'd be divorced and i'd be homeless lol.

[Eff-1]

Originally Posted by carsncars

I'm family medicine trained (but not practicing as a family doc... so I'm part of the issue I guess). I have absolutely seen excellent NPs I would trust my family & friends' care with without hesitation. I work alongside NPs in my practice settings and they fill an important (and massive) gap in our system. I obviously think that having a competent NP is far better than not having a family doctor at all.

However there are some implications that are yet to be understood. One example is that anecdotally and very generally speaking, many of my colleagues have the sense that some NPs have a lower threshold to refer (i.e. to specialists) and/or investigate (e.g. blood tests, CT scans, MRIs) that a family physician may have worked up/managed without. While patients may like that, this is not always something that improves outcomes (and in some case, can lead to bad outcomes, e.g. with inappropriate investigations) and there is a health system cost to that. There are other differences I won't go into as well, e.g. remuneration model, liability, etc.

Again, big asterisk as there are both excellent and less excellent family docs and NPs on both sides.

Am I the only one who read this and thought "whoa there's a doctor on RS??"

[Hehe]

Originally Posted by pastarocket

Interesting article. California and New York are NOT the top states where millennials and Gen Z's move to for work.

1. Florida 2. Texas 3. Colorado 4. North Carolina.


Mike, can you confirm if Dallas has pockets of well off millennials and Gen Z's living there? I hear that Dallas is a great place for the young bloods to go shopping at their malls there.


I would also think that the renting or buying an apartment is cheaper in Texas compared to New York or California.

Dallas is a dump as far as lifestyle goes. There's no mountain or beach. And quite honest, given that it's an oven at 30°+ 90% of the year, you really wouldn't want to stay outdoor all that much either.

My cousins are in Dallas, and they just fly out as soon as any of their kids break hits. And this is a family that takes home net nearly 1M a year. So if they can't have a lifestyle with that level of income, I doubt anyone could.

Young people go there to make money (it's one of the fastest growing major metros in US) and avoid income taxes (especially if they are in a high-income job). You don't go to Dallas for lifestyle. Young people go there to grind.

[noclue]

I'd happily pay california income tax for the weather and lifestyle, which is still less than the income tax rates in alberta. Wouldn't pay high income taxes to live in NYC/New England though but that's just me. States with no income tax get you in other ways through higher property or sales tax, some states even have property taxes on cars. Or they cut public funding in ways you can notice such as shitty roads or education etc

[AstulzerRZD]

Originally Posted by CivicBlues

I don't know why you keep using NYC/LA/Bay references? You realize we're all mostly Canadians living in Vancouver and Toronto right?

You mean you don't have any interest in what's happening outside of Vancouver?
If music, movies, fashion are coming from other places, why wouldn't you want to know what's coming?

[Traum]

Perhaps this is the communist me speaking, but if I were pulling in $1M a year, I don't really give a damn about the State taxing me 13.3%. $867k is still plenty of money to go around buying hoes, fast cars, lux vacays and shxt.

But this line of thinking is probably also the reason why I am NOT pulling in $1M/yr LOL~

Originally Posted by pastarocket

In fact, California has the highest top marginal state income tax in the U.S.

California State Income Tax Rates (2025)

California has the highest top marginal state income tax rate in the country. The rates range from 1% to 13.3%, with the 13.3% top rate including a 1% mental health services tax on income over $1 million.
The tax brackets for a single filer or married person filing separately for 2025 are (approximate income brackets):

1% on income up to approximately $10,756
2% on income over $10,756 to $25,499
4% on income over $25,499 to $40,245
6% on income over $40,245 to $55,866
8% on income over $55,866 to $70,606
9.3% on income over $70,606 to $360,659
10.3% on income over $360,660 to $432,787
11.3% on income over $432,788 to $721,314
12.3% on income over $721,315 (plus the additional 1% for income over $1 million, effectively 13.3% at the top bracket)

New York State Income Tax Rates (2025)

New York has a top marginal state income tax rate of 10.9%. New York City and Yonkers residents also pay an additional local income tax.
The tax brackets for a single filer for 2025 range from 4% to 10.9% (approximate income brackets):

4% on income up to $8,500
4.5% on income over $8,500 to $11,700
5.25% on income over $11,700 to $13,900
5.5% on income over $13,900 to $80,650
6% on income over $80,650 to $215,400
6.85% on income over $215,400 to $1,077,550
9.65% on income over $1,077,550 to $5,000,000
10.3% on income over $5,000,000 to $25,000,000
10.9% on income over $25,000,000

[CivicBlues]

Originally Posted by AstulzerRZD

You mean you don't have any interest in what's happening outside of Vancouver?
If music, movies, fashion are coming from other places, why wouldn't you want to know what's coming?

That would be great if thats what you were doing, but you're mostly just imparting us with some obscure references to neighbouhoods and subcultures we have no knowledge or experience of. Perhaps a little context is in order?

I mean if I go onto a forum of mainly US posters and start going on about Surrey Jacks and Richmond Drivers would anyone there get it?

[EvoFire]

Originally Posted by Traum

Perhaps this is the communist me speaking, but if I were pulling in $1M a year, I don't really give a damn about the State taxing me 13.3%. $867k is still plenty of money to go around buying hoes, fast cars, lux vacays and shxt.

But this line of thinking is probably also the reason why I am NOT pulling in $1M/yr LOL~

Lifestyle creep is a thing and you can never make enough money.

It would go from a 3000sqft home in an average neighbourhood to a 5000sqft one in an upscale one.
You'd have two Range Rovers instead of a X5 (one for backup when the first one breaks)
You'd fly business on your family vacation instead of economy.
Your kids would go to private school instead of public/catholic school

That would cover most of the major differences from a 250k household to a 1M one and you'd still be living paycheque to paycheque

[Hehe]

Originally Posted by Traum

Perhaps this is the communist me speaking, but if I were pulling in $1M a year, I don't really give a damn about the State taxing me 13.3%. $867k is still plenty of money to go around buying hoes, fast cars, lux vacays and shxt.

But this line of thinking is probably also the reason why I am NOT pulling in $1M/yr LOL~

It’s all perspective. My cousins in Dallas were living in Orange County. But after they did the math, where they would likely have paid nearly 5m+ until kids go to college, they figured they could spend that 5m elsewhere than give it to the government who spend it on things they don’t exactly agree with.

So they voted with their feet. And their house in Dallas, which is just less than half the price of their house in OC is twice as large. Sure they now need to turn on AC 24/7, but for 5m, that’s a lot of AC.

[EvoFire]

Originally Posted by Hehe

It’s all perspective. My cousins in Dallas were living in Orange County. But after they did the math, where they would likely have paid nearly 5m+ until kids go to college, they figured they could spend that 5m elsewhere than give it to the government who spend it on things they don’t exactly agree with.

So they voted with their feet. And their house in Dallas, which is just less than half the price of their house in OC is twice as large. Sure they now need to turn on AC 24/7, but for 5m, that’s a lot of AC.

So anecdotally the difference of moving from Cali to Texas was 50% off on RE, but I've also heard property taxes and just general cost of carrying the property is significantly higher in Texas. So for your cousin, what's the spread look like? At the end of the day, after say 20 years and the kids are finally out of the house, do they end up saving anything?

[Gerbs]

Originally Posted by AstulzerRZD

Only Kips Bay / Long Island basics carry Goyard...
That's a 2022 bag here, not a good look.
Van Cleef is also cooked.

Moynat, Dior Book Tote, and the Saint Laurent Sac de Jour are in.
The older money girlies are toting their mom's longchamps like they always have.

I'm surprised longchamp is still in, thought it was a 2023 thing.

Also surprised van queef and goyard is gonezo. Maybe because every girl you know that has a good job or rich bf got one in the last 5 years.

Originally Posted by Tapioca

Spending 40K on clothing may sound crazy, but how much does a typical bro spend on sports betting, their boosted truck, sports car(s), boat, drugs, cigarettes, tattoos, and alcohol?

Sure boomers make fun of millennials for spending frivilously on $5 coffees, but the older that I get, the more I'm coming around to their point...

Easily $10-30K+, gambling really destroys guys without purpose.

I've been farming the weekly $20 x 2 accounts free bets on sports betting website for fun. Ends up being $1K+ per year, the superbowl freebet last year, farmed $470 from a safety net bet. I bet both teams.

[CivicBlues]

But then you'd have to live in a state where the governor threatens to "tariff New Yorkers coming to live in Texas to flee Mamdami"

[westopher]

Originally Posted by noclue

I'd happily pay california income tax for the weather and lifestyle, which is still less than the income tax rates in alberta. Wouldn't pay high income taxes to live in NYC/New England though but that's just me. States with no income tax get you in other ways through higher property or sales tax, some states even have property taxes on cars. Or they cut public funding in ways you can notice such as shitty roads or education etc

The reason people pay that higher income tax is at the end of the day that’s where the opportunity is. Paying 200k of your 800k income instead of 80k of your 400k income is still a substantial net win. That’s where these high paying Wall Street bullshit jobs are.