[DsZ24]

http://www.crackshackormansion.com/

I didn't do to well lol. Stupid Vancouver prices.

It's even mentioned in the paper http://www.theprovince.com/news/Frustrated+couple+crack+shack+quiz+targets+million +dollar+Vancouver+homes/2911132/story.html

[Armind]

10/16 lol

[Graeme S]

11/16. I recognize some.

[E-40six]

15/16 w00t

[Strzelec]

12/16 for me.
Mind you all of those places were technically little shit holes. I have no idea how they can sell for that much.
I mean jesus christ, go down to phoenix, spend 300 grand on something, and get a 3000sqft house with a quarter acre lot and a pool.

[skyxx]

Man, a lot of them are shit. To be honest, a lot of people who live in them are poor. They just don't know they're sitting on a Gold mine. Once you sell that property you can't get the same one for that price unless you move to the suburbs.

[Teriyaki]

Most of those are only worth the land they're on.

[Manic!]

14 out of 16

look at the lawn if it cut it's not a crack shack

[maxxxboost]

16/16

If you live in Vancouver, you can tell which is which. I own a "mansion" so i know. hahah JK

[StylinRed]

16/16

its so sad... im expecting a major crash in the next decade.. or at least im hoping for one ^^

[jbsali]

15/16

[!Tigger]

lol some of the west end homes. look ghetto but worth so much

[muteki]

12/16

[!oHenry]

13/16

[Simplex123]

10/16 ahaha
they all look so shitty

[Vansterdam]

7/16


i think i been into one of the houses on there before lol

not the ghetto ass looking ones

[Ferra]

Vancouver housing prices will probably go down when China's economy bubble bursts...

[hotjoint]

wow thats digusting, all these place look like dumps

[hk20000]

Vancouver housing prices will probably go down when China's economy bubble bursts...

That will be another decade or 2 ahead.... Don't forget China is a self-sustaining economy.

It's only when things get so expensive INSIDE China so that they can't compete with outside for manufacturing then they'd have a problem. Even then it's only a small problem in a big scale.

With government being the only factor controlling the $$ value that is really difficult to happen.

[sunny_j]

11/16

[JSALES]

9/16

[StealthFighter]

16/16. pretty easy to tell which houses look like the typical vancouver houses.

the crack houses have a more american type of look.

[Spectre_Cdn]

12/16

[ToyotaPowah]

This should be called "low land value" or "high land value." The improvements on the land have nothing to do with the price in this case.

[q0192837465]

damn, 6/16. All those places look ghetto

[Eastwood]

I take it those houses are in amazing neighborhoods and only worth the soil they sit on.

Either way can anyone tell me why house prices in Vancouver are so expensive?

Who is the average home-owner in Van - is it a 50 year old married white couple or a first generation Asian immigrant couple?

[nack]

15/16

[slammer111]

I take it those houses are in amazing neighborhoods and only worth the soil they sit on.

Either way can anyone tell me why house prices in Vancouver are so expensive?

Who is the average home-owner in Van - is it a 50 year old married white couple or a first generation Asian immigrant couple?You got it. Back in the glory days (about 1987-1998 when Hongers came over in droves), we used to buy crap houses (Arbutus, Kerrisdale, Marpole, Dunbar), tear 'em down, build a "monster home", then flip. Didn't really understand as a kid why my parents never seemed to work much compared to my classmates. My neighbours were all either younger (say 40ish) Chinese families, or retired white couples just taking it easy.

Growing up on the West side, my grad class (1999) was split pretty cleanly. It was basically 45% white hippies, and 45% loaded Honger kids, with 10% CBCs and a couple of brown kids. So to answer your question, it seemed to be about "half and half", though the Hongers lived in all the "new" houses if you know what I mean. Past 2000+, a lot of Hongers went back to the Motherland but now they've been mostly replaced by even richer Chiners. :eek:

[orange7]

I'm hoping the housing price in Vancouver would go down once I graduate.