Vancouver's Real Estate Market

[westopher]

Originally Posted by Gerbs

I thought you're talking about $2,000/month a person lol. A LOTTTTTTT of my friends eat out around $40 - 60 a day year round, but $0 grocery bills. So around $15 - 22K a year before the splurges on weekends. I guess that's why the new built in cabinet condo fridges fit a 24 pack of seltzer and a pack of eggs. No one makes food in downtown anymore.

$2,000 for 3 and eating healthy and tasty meals is amazing.



Last week I helped a friend do some pro bono financial planning because he wanted to buy a place vs rent in a few years but was in CC debt. He's making $140K at Big Tech before stock options & bonuses. So $100K after taxes or $8.3K monthly.

His monthly expenses were
- $2,400 Rent Downtown (Reasonable with parking, $3,000 + now)
- $1,850 UberEats for daily $25 Lunch, $30 Dinner and $5 coffee & snacks
- $600 Dating expenses paying for 2 people $150 Dinner, Activity + Drinks 1x a week.
- $800 for event tickets, music festivals, clubbing & alcohol, nose lattes, hosting parties, bday dinners
- $900 for insurance, gas, tire and brakes
- $1,000 for a used C400 car loan
- $800 for 1 oversea trip, skii trips, golf trips, long weekend trips

$8,350 a month spent. In order to pay for sporting equipment, misc expenses, haircuts, utilities, it's funded via cc + selling stock options.

End result was that expenses weren't worth being cut cause you're only young once and you can always make more money.

That dudes doing pretty good with that budget if nose beers are in there too.

[Gerbs]

Originally Posted by Badhobz

Ugh that’s us right now. I don’t think I’ve cooked a meal in months. Averaging 60-80 bucks a day for the two of us.
Speaking of which. This is lunch today. Probably not gonna live very long eating like this

Living good though!

[GLOW]

if i can stretch meals to ~$10-12/ea x 4 in a household, i think that's pretty good.
eating out gets pricy, but if i get leftovers that doubles for another meal, going out for say chinese with an under $100 bill for 4 isn't too bad... if you don't have to spend time cooking, cleaning up, shopping for groceries, etc

[Spoon]

Originally Posted by GLOW

if i can stretch meals to ~$10-12/ea x 4 in a household, i think that's pretty good.

$40-50 is enough for a strip loin dinner for 4 with sides. You make it sound like you're toughing it out.

[underscore]

The grocery bill for 4 of us is ~$1100/mo, the kids are still young but they're going through their body weight in berries every week currently.

[Badhobz]

I’m not too busy. I’m just too lazy. Honestly I was spending more time farming shit in diablo 3 (yes yes I know diablo 4 is out but I just started playing diablo 3) when i could be spending making a proper meal for the two of us.

Talk about fucked up priorities.

With the longshoremen union voting 99.2% to strike, I could be sitting on my ass twiddling my thumbs by the 24th. Seems like a great time to take a vacation and get away from this mess.

[carsncars]

Originally Posted by Gerbs

A LOTTTTTTT of my friends eat out around $40 - 60 a day year round, but $0 grocery bills.

lol and here I am doing mental math when shopping/cooking to target $6-8/serving

Yeah I've been to one friend's house and his fridge was literally just beer because he gets takeout/UberEATS everything else. Admittedly being solo makes shopping/cooking a little less easy but he probably hits $40-60/day in food.

[donk.]

Originally Posted by Badhobz

I’m not too busy. I’m just too lazy. Honestly I was spending more time farming shit in diablo 3 (yes yes I know diablo 4 is out but I just started playing diablo 3) when i could be spending making a proper meal for the two of us.

Talk about fucked up priorities.

With the longshoremen union voting 99.2% to strike, I could be sitting on my ass twiddling my thumbs by the 24th. Seems like a great time to take a vacation and get away from this mess.

Take that fancy car of yours racing dawg

And or vacation.........

[GLOW]

Originally Posted by underscore

The grocery bill for 4 of us is ~$1100/mo, the kids are still young but they're going through their body weight in berries every week currently.

wow that amazingly low i feel i'm at least double that for 4

Originally Posted by Badhobz

I’m not too busy. I’m just too lazy. Honestly I was spending more time farming shit in diablo 3 (yes yes I know diablo 4 is out but I just started playing diablo 3) when i could be spending making a proper meal for the two of us.

Talk about fucked up priorities.

With the longshoremen union voting 99.2% to strike, I could be sitting on my ass twiddling my thumbs by the 24th. Seems like a great time to take a vacation and get away from this mess.

if you enjoy d3 it's all good, d4 will always be there unless you're hoping for online pugs then now's prob the best time.

if you're part of the union don't you have to take to the picket lines or is that optional?

[Badhobz]

Originally Posted by GLOW

if you're part of the union don't you have to take to the picket lines or is that optional?

nah im management. These guys are gonna strike and im gonna have to deal with the fallout of all this bs. So it might be a great time to skip out and go hiding in the woods.

Wells Grey National Park / Mt Robinson seems like a helluva place to visit.

21km hike!?!! fuck, there better be a god damn choppah that can take my ass there without all this walking.

YouTube (Short URL)

Originally Posted by donk.

Take that fancy car of yours racing dawg

Cant bro, its a vert... no rollcage it wont be allowed on the track. Plus im too fat/old/dumb to do anything like that.

[donk.]

[unit]

we spend on average about 500-600 a month on groceries for the two of us.
we're vegetarian and we do eat a lot of rice, pulses, noodles, veg, fruit, etc.. we don't see it as some kind of poverty food, we think we eat pretty good.
we don't like to cook every night, we try to cook everything in batches of 4-6 meals, sometimes even bigger. even then basically that means you're cooking every second day with lunches included. last month somehow we only spend $400 on groceries, didn't feel that difficult at all.

[GS8]

My thoughts on Vancouver?

It's Aladeen

[SSM_DC5]

Originally Posted by Badhobz

nah im management. These guys are gonna strike and im gonna have to deal with the fallout of all this bs. So it might be a great time to skip out and go hiding in the woods.

Wells Grey National Park / Mt Robinson seems like a helluva place to visit.

21km hike!?!! fuck, there better be a god damn choppah that can take my ass there without all this walking.

https://youtu.be/_AMf8DVz7QU?t=375



Cant bro, its a vert... no rollcage it wont be allowed on the track. Plus im too fat/old/dumb to do anything like that.

Look for a group that doesn't require roll cage.

[Badhobz]

yeah the gran turismo playing, sitting at home group for men who are 40+

[Hondaracer]

Feel like we’re the worst of both worlds lol.. between two of us we spend probably $500-$700 a month in groceries but then we’re also eating out all the time

Fuck and now anywhere you go, it’s $100+

We went to a movie at park Royal last week, VIP theatre, $120+ all said and done. Go to east is east, a couple drinks and 2 entrees, $100. Go to fucking parallel 49, 4 beers and 2 burgers, $100

It’s fucked

[westopher]

Yeah I went to taqueria yesterday. 2 tacos and chips and I spent $32 and left hungry. That's with me bringing my canteen of water from home. When I lived over in Fairview 10 years ago it used to be $12 for 4 tacos and a Mexican coke.

[yray]

Originally Posted by Hondaracer

We went to a movie at park Royal last week, VIP theatre, $120+

You know on the regular side, they have some theaters with only 40 seats. Its basically VIP without vip price.

[GLOW]

Originally Posted by westopher

$12 for 4 tacos and a Mexican coke.

reading fail on my part, i didn't see the "a" the first time and read your meal came with Mexican coke

[68style]

I massive splurged at a burrito place the other day and got the chips + salsa + bottled drink and it was $20.00 man... the fuck

We make our own food mostly except for weekends... but my gf is gluten free and nut free so she adds a tonne of cost to things as anything gluten free is anywhere from 2-5x as expensive, if it was just me I mentioned before I could get by on very little but with her in the fold and all the fresh food I make for my doggy furbaby I'm probably in the $500 a month territory.

On the real estate front........ I had sent a video to a few friends highlighting the discrepancy in prices. My best friend lives in Bears Paw in NW Calgary in a mansion, but he used to live in Tuscany area, so sometimes for fun I look up properties there.

On my parents street where I grew up in Richmond, there's an older house with a light reno inside... it's whatever they call those houses where half of it is 1 floor and half is 2 floors, I forget the term for them, so it's not a big house and it's $1.788 million. I found a very nice finished house in Tuscany backing onto green space for $535,000, a townhouse next to the market area with a double side by side garage for $415,000 and another huge house with a MASSIVE backyard also with green space on both the front and back of it for $820,000. You could literally buy ALL FUCKING THREE of those places for the same price as the shit house near where I grew up.

All 3!!! My friend enjoys a very, very nice life there. He left 10 years ago from a townhouse in Richmond and he's now in a mansion and just bought a $375,000 Porsche on top of all his other cars and toys and he owns like 8 properties or something now. If he had continued to live here all this time he'd be doing okay, but they'd be nowhere near where they are today.

Living here is fucked. I am very, very close to being done with this place.

[unit]

almost everyone i know has reduced how often they go to restaurants drastically due to increasing prices. how are restaurants surviving if just about everyone is eating out less often? we probably eat out half as much as we did 3 years ago.

[68style]

I have no idea, I never eat at sit down places anymore unless I absolutely have to (ie: friends event or something).

But places are packed and long waits at popular spots. Some age group is not feeling that pinch I guess.

[MarkyMark]

A lot of people stopped going to restaurants but also started using Skip the Dishes lol

[G]

Originally Posted by 68style

I have no idea, I never eat at sit down places anymore unless I absolutely have to (ie: friends event or something).

But places are packed and long waits at popular spots. Some age group is not feeling that pinch I guess.

The fact that the first tip option is either 18% or 20% is fucked.

[carsncars]

Same here, we are definitely eating out less. Like Hondaracer said for any place that's not a budget place it's at least $50 w/tax+tip = $100+ and we just don't feel like we're getting $100 enjoyment out of it. We'll go if it's a social thing and friends want to because we enjoy their company, but otherwise it's hard to feel like it's worth it on a regular basis.