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06-27-2017, 09:53 AM
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#10051 | | "They call me Bowser...RawR!"
Join Date: Jul 2001 Location: Vancouver
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Originally Posted by Ducdesmo  Damn I still remember the good old days when I wanted to buy BRK @ $130K CDN. By good old days, I meant 5 years ago. Now its $350k  | There's BRK.b or the regular chumps like us
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"Damn fine car Dodge... Ran over me wife with a Dodge!", Zeke
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06-30-2017, 05:41 PM
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#10052 | | Wunder? Wonder?? Wander???
Join Date: Sep 2016 Location: YYC/YVR
Posts: 211
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Is there any areas of Surrey that are not sketchy and instead nice/safe?
I am totally unfamiliar with the entire area. If somebody can take a screen shot of a map, and then use MS paint to highlight both nice areas, and exceptionally bad areas, and then post it up it would be greatly appreciated!
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06-30-2017, 10:52 PM
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#10053 | | Even when im right, revscene.net is still right!
Join Date: Dec 2003 Location: Vancouver
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I would probably say Fraser Height, Fleetwood/Tyne Head
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07-01-2017, 02:02 PM
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#10054 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
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Originally Posted by MrPhreak Is there any areas of Surrey that are not sketchy and instead nice/safe?
I am totally unfamiliar with the entire area. If somebody can take a screen shot of a map, and then use MS paint to highlight both nice areas, and exceptionally bad areas, and then post it up it would be greatly appreciated! | The area around King George skytrain and Surrey central is been clean up a lot due to the new apartments and new shops moving in. My aunt lives I think around 182a or something like that. Seems like a really nice place.
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07-01-2017, 02:09 PM
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#10055 | | It's like going crazy when you're already nuts
Join Date: Aug 2005
Posts: 5,890
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Two new safe consumption sites just opened up in that area too.
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07-02-2017, 06:04 PM
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#10056 | | Rs has made me the woman i am today!
Join Date: Oct 2001 Location: Here! n There!
Posts: 4,149
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Originally Posted by Mr.HappySilp The area around King George skytrain and Surrey central is been clean up a lot due to the new apartments and new shops moving in. My aunt lives I think around 182a or something like that. Seems like a really nice place. | you really don't know surrey. that's like close to langley
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07-03-2017, 12:01 AM
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#10057 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
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Originally Posted by JesseBlue you really don't know surrey. that's like close to langley | nope haven't been to Surrey is over a year. Had a few co-workers that live near King George skytrain and Surrey Central and they seem to be happy with the area than a year ago.
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07-03-2017, 02:15 AM
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#10058 | | I contribute to threads in the offtopic forum
Join Date: Dec 2001 Location: Vancouver
Posts: 2,830
Thanked 755 Times in 318 Posts
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Originally Posted by MrPhreak Is there any areas of Surrey that are not sketchy and instead nice/safe?
I am totally unfamiliar with the entire area. If somebody can take a screen shot of a map, and then use MS paint to highlight both nice areas, and exceptionally bad areas, and then post it up it would be greatly appreciated! | 
These are very general guidelines but on a personal level I prefer to be south of 72nd Av with the exception of Fleetwood. Panorama Ridge and Sullivan Station are also desirable areas in Surrey proper predominantly due to a more varied mix of ethnic groups and a more affluent demographic living there.
North Surrey, which is to say Whalley, Surrey Central, Bridgeview, Bolivar Heights, et al is still too rough around the edges but with all the new construction going in coupled with continued high prices/rents it may push out the transients over time.
South Surrey/White Rock is not for everyone it's disconnected with an older population if you're looking outside Morgan Creek and the surrounding Elgin area.
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"Harvey Belafonte ain't black. He's just a good looking white guy dipped in caramel. " - Archie Bunker | |
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07-03-2017, 08:08 AM
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#10059 | | Willing to sell body for a few minutes on RS
Join Date: Jul 2001 Location: Cloverdale
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^^
Cloverdale got removed from Surrey on this map, kinda feels more like Langley anyway not sure if that's good or bad. I lived in Newton when I first moved here then Fleetwood now Cloverdale I keep migrating east but I think my next move is going to be south Cloverdale to get into the Tweedsmuir catchment for my son.
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“The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I don´t care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. That´s how winning is done. Now, if you know what you worth, go out and get what you worth.” - Rocky Balboa | |
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07-03-2017, 08:59 AM
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#10060 | | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007 Location: Vancouver BC
Posts: 22,077
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quick general question: are mortgages in Canada limited to local real estate? or can I use them towards a home in the US?
thanks.
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07-03-2017, 02:49 PM
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#10061 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,750
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Originally Posted by twitchyzero quick general question: are mortgages in Canada limited to local real estate? or can I use them towards a home in the US?
thanks. | There are lenders who specialize in vacation home financing. However, it's usually quite complicated and not great rate.
Easiest way people are doing is just taking a HELOC and buy their property down south cash and pay the HELOC down.
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Nothing for now
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07-03-2017, 09:53 PM
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#10062 | | My homepage has been set to RS
Join Date: Jun 2013 Location: Burnaby
Posts: 2,424
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Originally Posted by MrPhreak Is there any areas of Surrey that are not sketchy and instead nice/safe?
I am totally unfamiliar with the entire area. If somebody can take a screen shot of a map, and then use MS paint to highlight both nice areas, and exceptionally bad areas, and then post it up it would be greatly appreciated! | I would say anywhere but the newton area.
The surrey central area is being cleaned up quite a bit.
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07-03-2017, 11:11 PM
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#10063 | | Rs has made me the woman i am today!
Join Date: Jan 2002 Location: ?
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07-04-2017, 07:38 AM
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#10064 | | Waxin’ Punks
Join Date: Jun 2006 Location: South Surrey
Posts: 7,188
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Tax lifetime capital gains of more than $750,000 on principal residences
| This is bullshit.
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If you drive like an asshole, you probably are one. Quote:
Originally Posted by MG1 punkwax, I don't care what your friends say about you, you are gold! | Quote:
Originally Posted by mikemhg What do your farts sound like then? | | |
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07-04-2017, 07:47 AM
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#10065 | | It's like going crazy when you're already nuts
Join Date: Aug 2005
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Originally Posted by punkwax This is bullshit. | Agreed. My parents would get destroyed in taxes when they sell their property which is OCP zoned for multi-res. Taxes payable on 2 mil plus..... GG.
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07-04-2017, 08:19 AM
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#10066 | | God of Unce
Join Date: May 2008 Location: ASOT
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I live within >5mins walk to Surrey Central station. It's a lot better than I thought, lots of families walking around. Barely bumped into any junkies. Quote:
Originally Posted by MrPhreak Is there any areas of Surrey that are not sketchy and instead nice/safe?
I am totally unfamiliar with the entire area. If somebody can take a screen shot of a map, and then use MS paint to highlight both nice areas, and exceptionally bad areas, and then post it up it would be greatly appreciated! |
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UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! | |
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07-04-2017, 09:05 AM
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#10067 | | I don't like cheese but I love milk!
Join Date: Nov 2002 Location: Van
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Originally Posted by jing Agreed. My parents would get destroyed in taxes when they sell their property which is OCP zoned for multi-res. Taxes payable on 2 mil plus..... GG. | making 2 millions plus in gain while paying <$300K in taxes is hardly "destroyed"...
I never understand why people who sit in a house, do nothing and made millions in profit is not taxed and while your hard earned income working 50 hours a week is taxed at like 40%.
As a homeowner, I wouldn't want to be taxed. But i didn't think this principal residence tax exemption thing is fair for everyone either.
(i.e. not fair to those people who couldn't afford to own a house, since their saving in investment is still taxed)
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07-04-2017, 09:26 AM
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#10068 | | Waxin’ Punks
Join Date: Jun 2006 Location: South Surrey
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People "sitting in a house" also have their incomes heavily taxed.. tax free capital gains is why I chose to invest in RE and not elsewhere. Suddenly adding a tax on LIFETIME gains is absolute BS IMO. 750k on a single property, maybe. But lifetime? Utter crap.
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If you drive like an asshole, you probably are one. Quote:
Originally Posted by MG1 punkwax, I don't care what your friends say about you, you are gold! | Quote:
Originally Posted by mikemhg What do your farts sound like then? | | |
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07-04-2017, 09:28 AM
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#10069 | | It's like going crazy when you're already nuts
Join Date: Aug 2005
Posts: 5,890
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Might as well tax lottery winnings too then!
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07-04-2017, 10:29 AM
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#10070 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,944
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Fucking stupid to tax principal residence. Basically restrict the supply of housing even further because they can just borrow vs selling. Prob end up leading to even higher prices because there isn't any land to buy.
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07-04-2017, 10:32 AM
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#10071 | | I contribute to threads in the offtopic forum
Join Date: Apr 2001 Location: VAN/RMD/BBY
Posts: 2,595
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NDP's going to hand out invoices to pretty much everyone who's sold a property in the last five years? Now that's a guaranteed way to lose an election.  | |
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07-04-2017, 10:33 AM
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#10072 | | reads most threads with his pants around his ankles, especially in the Forced Induction forum.
Join Date: Mar 2004 Location: Vancouver
Posts: 10,645
Thanked 2,191 Times in 1,131 Posts
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| Quote:
Originally Posted by Ferra making 2 millions plus in gain while paying <$300K in taxes is hardly "destroyed"...
I never understand why people who sit in a house, do nothing and made millions in profit is not taxed and while your hard earned income working 50 hours a week is taxed at like 40%.
As a homeowner, I wouldn't want to be taxed. But i didn't think this principal residence tax exemption thing is fair for everyone either.
(i.e. not fair to those people who couldn't afford to own a house, since their saving in investment is still taxed) | you do know as a home owner there is already property tax that goes UP every year when the house assessment goes up right? Oh and then there is the house insurance, regular maintenance fess, and utilities fees. As renter you generally don't have to have worry about those (expect maybe utilities fees if you rent a house but most apartments/basement units covers them anyways). Then of course everyone pays income tax. So you see homeowners do pay MORE TAX vs the average Joe who just pays $1400 a month and don't have to worry about a thing after.
And about your "do nothing part" Home owners did something. They actually paid off their house. Let's talk about interest rates back then. In the early to mid 90's interest rates were 10+% easily, even in the late 90s and early 00s is still around 7 to 8%. Try paying those interest on a 500k+ house. We literally have the lowest interest rate in years.
This is only going to even dry up the market faster. Why sell now when I can hold out till the next election when tax might be lower. So in the short term there are less sellers, driving even higher price. Those that are selling is going to factor in the extra tax they need to pay so the price is going to increase. Doesn't really help the market at all. So congrats on fucking up the market even more.
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07-04-2017, 10:39 AM
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#10073 | | Waxin’ Punks
Join Date: Jun 2006 Location: South Surrey
Posts: 7,188
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Dont forget property transfer tax. That's a lot of $ for some paperwork.
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If you drive like an asshole, you probably are one. Quote:
Originally Posted by MG1 punkwax, I don't care what your friends say about you, you are gold! | Quote:
Originally Posted by mikemhg What do your farts sound like then? | | |
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07-04-2017, 11:13 AM
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#10074 | | Willing to sell body for a few minutes on RS
Join Date: Jul 2001 Location: Cloverdale
Posts: 11,564
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| Quote:
Originally Posted by punkwax Dont forget property transfer tax. That's a lot of $ for some paperwork. | The most bullshit tax of all taxes. A tax originally collected for costs associated with transferring the land title that is now nothing more then a cash grab. If I sold my house today and bought another around the same price the Province could hire a staff of 5 people making $30 an hour plus burdens full time for 2 weeks plus to complete the transfer.
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“The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I don´t care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. That´s how winning is done. Now, if you know what you worth, go out and get what you worth.” - Rocky Balboa | |
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07-04-2017, 12:10 PM
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#10075 | | Willing to sell body for a few minutes on RS
Join Date: Mar 2002 Location: Victoria
Posts: 10,523
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Originally Posted by Spoon NDP's going to hand out invoices to pretty much everyone who's sold a property in the last five years? Now that's a guaranteed way to lose an election. | The lifetime capital gain tax is a Green policy. Whether or not the NDP choose to adopt it to keep their coalition alive remains to be seen.
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