Could not agree more with this post. I can't stand downtown Seattle, it's pretty much drive through country for me. Much prefer downtown Portland to Seattle ANY DAY.

As much as I hate the lack of a highway through downtown here in Vancouver, you can really see why Vancouver opted not to copy Seattle, our downtown is much nicer and walk-able city in comparison.

While Portland is kinda meh overall (probably more entertaining than Van but it’s still kind of an ugly, dirty city) what I love about Portland is the amount of little hole in the wall bars, bistros, love that kind of shit

Obviously rents are prohibitive to having that same time of situation in vancouver unfortunately

Last day of 2018.

How many RS have actually bought a place and are happy with it? How many RS are still sitting on the sidelines waiting for the housing bubble to pop?

I am happy where I am. Unless I get marry I think the place I have is decent enough for one person.

Its gonna be hella hard for first time home buyers now. 200k cash you'll need for a downpayment to qualify for a decent condo.

My dream of owning a house is not in the foreseeable future. I rather stay in my condo and make that jump into a detach than move into a townhouse.

Maybe this will be the year I finally say fuck it to the lower mainland and cash out/peace out!

Bought a condo in June. Very happy with it as it's fully renovated but after a few months we noticed prices slipping a bit. Oh well it is what it is. We got a great 2br 2bth condo in what seems to be a pretty decent location for us since everything we need is within a 10 minute walk.

Bought last year and happy with our place and location, although it's starting to feel a lot smaller after having a baby lol. Started casually looking into townhouses but I doubt we'll find one in Vancouver that won't be double our current mortgage lol.

I'm being demovicted from my home ¯\_(ツ)_/¯


We built this city
We built this city on laund-er-ing
Built this city
We built this city on laund-er-iiiiinnnnnnnnnnnnng

:buttrock:

benchmark for apt is 2/3 mill
a 20% down is 130k
still far from being affordable but it's not quite 200k unless you're after a 7-figure shoebox

I'm waiting till the spring to list, prices are on the way down without a doubt. The stuff I've been looking at has been sitting and reducing and sitting and reducing more. The one positive thing out of all of this is it makes it easier for me to swallow paying such a large commission to my realtor, he may actually have to work for his money.

Kinda wanting to sell and buy some startup vineyard in penticton/osoyoos..

One can dream

Do it and I’ll open a restaurant on it and we will grow all the produce there.

You guys are gonna give the Pettersson Boeser bromance a run for its money!

:lawl:

I posted a few pages back about an open house in our neighborhood turning into an offer... well we were fortunate enough (in my opinion anyways) for time and certain circumstances to work in our favor and we closed on a price I'm content with.

While I feel like I could have sold my condo for quite a bit more 9 months ago I also feel like the new place we've purchased would also have had a higher asking price... and likely more than the difference of what I feel I've missed out on with my condo.

Looking forward to seeing what happens in 2019

property assessments are out

down 2% for detached....not bad for a crashing market

bought in mid 2016...wife and i dont regret it....

I preach it constantly and will again.
If you live in your home, and you can afford your mortgage, the purchase was good.

Nooooo apartment went up 8% >< why!!!

my DT condo went up 15%

My house went up by almost 3%. The weird part is the building went up not the land..... :confused:

^^^ can I be the vineyard maintenance man?

This assessments are from the spring. So don’t get too caught up. Mine went from 541 to 628. Makes me feel slightly better about buying at the peak. Slightly.

More or less happy, it's our first purchase and also the first time the wife and I are living in a non detached home so a bit of a adjustment but overall happy.

Bought for $849,000K presale so this is our first assessment, now $1,093,000

Average change in assessed values by municipality from BC Assessment:

https://twitter.com/martinmacmahon/s...928488449?s=09

I still haven't figured out how they come up with this. I haven't seen my 2019 assessment yet but according to that it's going up 4% give or take.

If I listed my house today I'd be lucky to get 7-8% under the assessment value.

just how they tax you more
market will continue doing its thing