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Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

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Old 12-22-2018, 01:07 PM   #13651
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Thing is everything is around in Vancouver there’s restys bars shops everywhere

Seattle it’s like small pockets of things here and there and then huge areas of nothing but office space etc. also being on the Hill everything is either up or down. Personally I don’t enjoy it at all compared to DT Van.

With that said dt Van gets tiring with the barrage of chain restaurants
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.
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Old 12-22-2018, 02:37 PM   #13652
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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
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Old 12-31-2018, 07:54 AM   #13653
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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.
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Old 12-31-2018, 08:54 AM   #13654
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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.
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Old 12-31-2018, 09:09 AM   #13655
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Maybe this will be the year I finally say fuck it to the lower mainland and cash out/peace out!
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Old 12-31-2018, 10:10 AM   #13656
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Quote:
Originally Posted by Mr.HappySilp View Post
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.
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.
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Old 12-31-2018, 10:59 AM   #13657
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Quote:
Originally Posted by Mr.HappySilp View Post
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.
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.
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Old 12-31-2018, 11:48 AM   #13658
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Old 12-31-2018, 11:58 AM   #13659
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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

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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.
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Old 12-31-2018, 12:07 PM   #13660
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Originally Posted by Mr.HappySilp View Post
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.
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.
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Old 12-31-2018, 12:46 PM   #13661
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Kinda wanting to sell and buy some startup vineyard in penticton/osoyoos..

One can dream
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Old 12-31-2018, 01:34 PM   #13662
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Do it and I’ll open a restaurant on it and we will grow all the produce there.
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Westopher is correct.
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seems like you got a dick up your ass well..get that checked
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Well.. I’d hate to be the first to say it, but Westopher is correct.
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Old 12-31-2018, 02:45 PM   #13663
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You guys are gonna give the Pettersson Boeser bromance a run for its money!
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Old 12-31-2018, 03:36 PM   #13664
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Old 12-31-2018, 03:52 PM   #13665
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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
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Old 12-31-2018, 04:53 PM   #13666
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property assessments are out

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

bought in mid 2016...wife and i dont regret it....
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Old 12-31-2018, 06:00 PM   #13667
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I preach it constantly and will again.
If you live in your home, and you can afford your mortgage, the purchase was good.
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Old 12-31-2018, 07:19 PM   #13668
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property assessments are out

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

bought in mid 2016...wife and i dont regret it....
Nooooo apartment went up 8% >< why!!!
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Old 01-01-2019, 11:40 PM   #13669
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my DT condo went up 15%
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Old 01-02-2019, 12:26 AM   #13670
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My house went up by almost 3%. The weird part is the building went up not the land.....
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Old 01-02-2019, 07:35 AM   #13671
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^^^ 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.
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Old 01-02-2019, 08:01 AM   #13672
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Quote:
Originally Posted by Mr.HappySilp View Post
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.
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
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Old 01-02-2019, 10:22 AM   #13673
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Average change in assessed values by municipality from BC Assessment:

https://twitter.com/martinmacmahon/s...928488449?s=09
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Old 01-02-2019, 10:29 AM   #13674
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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.
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Old 01-02-2019, 10:38 AM   #13675
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just how they tax you more
market will continue doing its thing
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