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01-03-2021, 03:52 PM
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#17001 | | RS has made me the bitter person i am today!
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Originally Posted by Hondaracer  I doubt either would he considered so big plus for you!
Barely owned it yet and already seeing dat increase lol | I can't see it going any higher than $525-550k though? I can't fathom the idea of someone paying $600k for a 1 bedroom by Joyce / Kingsway lol. 
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Last edited by Gerbs; 01-04-2021 at 01:57 PM.
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01-03-2021, 04:44 PM
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#17002 | | private modder
Join Date: Feb 2002 Location: North Shore
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Originally Posted by Gerbs I can't see it going any higher than $525-550k though? I can't fathom the idea of someone paying $600k for a 1 bedroom lol. | I learned a long time ago to stop saying "I can't fathom the idea of someone paying X for X"  | |
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01-03-2021, 04:48 PM
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#17003 | | Need my Daily Fix of RS
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Originally Posted by Gerbs I can't see it going any higher than $525-550k though? I can't fathom the idea of someone paying $600k for a 1 bedroom lol. | Our 1 BR was assessed for 732k (Kitsilano). It's crazy, 2 of the other 1 BR unit sold for over asking in 2020. the 2 BR unit sold 200k over assessment value....
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01-03-2021, 06:28 PM
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#17004 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
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Originally Posted by Eff-1 I learned a long time ago to stop saying "I can't fathom the idea of someone paying X for X" | People were saying that back when prices were $300-400k for a 1Br but that could’ve been qualified by a single income in a good career paying $65k+.
But at $600k that’s pushing it. You’ll need $100k+ to qualify which is probably like top 10% of individuals? But I guess generational wealth kicks in at that point.
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01-03-2021, 06:53 PM
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#17005 | | in the butt
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Vancouver is half price in comparison to HK / monaco, NY,
1bed, 525k today, 700k in 5 years, 1mil in 10
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01-03-2021, 09:38 PM
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#17006 | | Rs has made me the woman i am today!
Join Date: Mar 2006 Location: Vancouver
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Originally Posted by donk. Vancouver is half price in comparison to HK / monaco, NY,
1bed, 525k today, 700k in 5 years, 1mil in 10 | It's also nothing like living in HK/Monaco/NY etc. | |
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01-03-2021, 10:51 PM
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#17007 | | Need to Seek Professional Help
Join Date: Jan 2005 Location: Van
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Originally Posted by EvoFire It's also nothing like living in HK/Monaco/NY etc. | Depends who you ask and what they are looking for... There seems to be plenty of demand for RE here, regardless of what the "Vancouver sucks" crowd has to say about living here.
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01-03-2021, 10:54 PM
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#17008 | | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007 Location: Vancouver BC
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Monaco is the size of sfu, no joke
are we comparing Joyce to a seaside citadel lol
Last edited by twitchyzero; 01-03-2021 at 11:02 PM.
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01-04-2021, 05:02 AM
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#17009 | | My homepage has been set to RS
Join Date: Mar 2008 Location: Vancouver
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Originally Posted by twitchyzero Monaco is the size of sfu, no joke
are we comparing Joyce to a seaside citadel lol | That fishy smell isn't from the ocean...
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01-04-2021, 08:13 AM
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#17010 | | SFICC-03*
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i always find it funny when ppl try to put things into context by saying vancouver is still cheaper than hk, nyc, and london. yes, that makes it no big deal when you're comparing it to the top 3 most expensive cities in the entire world. there are like 10,000 cities in the world and being in the top 5 most expensive is no big deal because its still not number 1-3. that's like the high expectations asian father meme. 99.996%? why not 100%!
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01-04-2021, 08:20 AM
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#17011 | | RS Veteran
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Originally Posted by unit that's like the high expectations asian father meme. 99.996%? why not 100%! | 
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Originally Posted by BIC_BAWS I literally do not plan on buying another vehicle in my lifetime, assuming it doesn't get written off. | | |
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01-04-2021, 08:34 AM
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#17012 | | I have named my kids VIC and VLS
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Well, there was also a time in recent memory on this forum where people kept saying how Vancouver ain’t shit and it’s not a “world class city” like HK etc.
Now HK is a Chinese puppet state where you get thrown into jail by secret police so Vancouver is looking pretty attractive to these “world class cities” lately. Even places like New York, given covid and the resulting fallout Vancouver is looking more and more attractive.
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01-04-2021, 09:19 AM
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#17013 | | My dinner reheated before my turbo spooled
Join Date: Jan 2008 Location: Vancouver
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Add global warming to the political and covid unrest. Vancouver and Canada is sitting pretty. Immigration will come roaring back.
I won't bet against the Vancouver market you might miss the next run up.
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01-04-2021, 09:41 AM
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#17014 | | My homepage has been set to RS
Join Date: Mar 2004 Location: East Van
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Originally Posted by Gerbs I can't see it going any higher than $525-550k though? I can't fathom the idea of someone paying $600k for a 1 bedroom lol. | We paid over 600k for our 1 bedroom + den back in 2017. It is a big 1 bedroom though, close to 800 square feet. Those new 1 bedrooms are absolutely tiny though!
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01-04-2021, 09:56 AM
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#17015 | | Rs has made me the man i am today!
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A friend just sold his 1 bed + den around Brentwood, Chinese parents bought it for their son going to bcit. No mortgage needed, asked 680, sold for 720....
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01-04-2021, 10:38 AM
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#17016 | | RS has made me the bitter person i am today!
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Originally Posted by Doubl3_H A friend just sold his 1 bed + den around Brentwood, Chinese parents bought it for their son going to bcit. No mortgage needed, asked 680, sold for 720.... | Chinese parents sending their kid to BCIT and not UBC?!  | |
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01-04-2021, 10:46 AM
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#17017 | | RS has made me the bitter person i am today!
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Originally Posted by donk. Vancouver is half price in comparison to HK / monaco, NY,
1bed, 525k today, 700k in 5 years, 1mil in 10 | Maybe $700-800ish, because my unit will be 25 years old. Can't imagine a 25-year old unit outside of downtown costing 1 mil. Kind of scares me if I wanna upgrade to detached or TH lol.
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01-04-2021, 11:09 AM
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#17018 | | RS Veteran
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Originally Posted by Doubl3_H A friend just sold his 1 bed + den around Brentwood, Chinese parents bought it for their son going to bcit. No mortgage needed, asked 680, sold for 720.... | Quote:
Originally Posted by bcedhk Chinese parents sending their kid to BCIT and not UBC?! | *Insert Asian Dad meme*
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Originally Posted by BIC_BAWS I literally do not plan on buying another vehicle in my lifetime, assuming it doesn't get written off. | | |
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01-04-2021, 11:40 AM
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#17019 | | To me, there is the Internet and there is RS
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The reason why Monaco is expensive. Quote: |
The big draw is tax. The principality scrapped income taxes back in 1869, and other tax rates for companies and individuals are exceptionally low. The prospect of keeping hold of most of their wealth has attracted people from over 100 nations.
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01-04-2021, 11:53 AM
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#17020 | | OMGWTFBBQ is a common word I say everyday
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Here's an interesting site from Environics Analytics about demographics for Canada's various postal codes, which is pretty relevant for those wanting to learn more about the types of neighbourhoods they want to buy in: https://prizm.environicsanalytics.com/ | |
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01-04-2021, 02:36 PM
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#17021 | | Willing to sell body for a few minutes on RS
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Originally Posted by Tapioca Here's an interesting site from Environics Analytics about demographics for Canada's various postal codes, which is pretty relevant for those wanting to learn more about the types of neighbourhoods they want to buy in: https://prizm.environicsanalytics.com/ | Mid-City Mellow....lol actually it's pretty close.
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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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01-04-2021, 03:20 PM
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#17022 | | To me, there is the Internet and there is RS
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Originally Posted by Manic! The reason why Monaco is expensive. | Of course nobody ever admits to that as evidenced by the Car World episode lol
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01-04-2021, 04:42 PM
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#17023 | | Willing to sell body for a few minutes on RS
Join Date: Aug 2004 Location: Duncan, BC
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Originally Posted by Tapioca Here's an interesting site from Environics Analytics about demographics for Canada's various postal codes, which is pretty relevant for those wanting to learn more about the types of neighbourhoods they want to buy in: https://prizm.environicsanalytics.com/ | Kick-Back Country
Rural, middle-aged upscale families and couples
Doesn't really work for small towns. For example, my parents own a 4200 sq ft house in Lake Cowichan with 1.2 acres of property on waterfront with a 3-car garage that is worth around $900k-$1M but, because the entire town has the same area code ...
Just Getting By
Younger, low-income city singles and families
My parents house is worth about double my house and they're not even close to the nicest or most expensive house in their neighbourhood. Pretty much all wealthy retirees.
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01-04-2021, 06:22 PM
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#17024 | | I WANT MY 10 YEARS BACK FROM RS.net!
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world class landscape maybe
world class city is defined by a real economy and culture
lol if anything covid as a metric only hurts bc: sit at home for 2 years while shops closing for good
i know some who wanted to move here from taiwan are now like  | |
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01-04-2021, 06:34 PM
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#17025 | | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Nov 2006 Location: vancouver
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Originally Posted by Jmac Kick-Back Country
Rural, middle-aged upscale families and couples
Doesn't really work for small towns. For example, my parents own a 4200 sq ft house in Lake Cowichan with 1.2 acres of property on waterfront with a 3-car garage that is worth around $900k-$1M but, because the entire town has the same area code ...
Just Getting By
Younger, low-income city singles and families
My parents house is worth about double my house and they're not even close to the nicest or most expensive house in their neighbourhood. Pretty much all wealthy retirees. | dang 10 acres for 1.3m https://www.rew.ca/properties/304423...type=Geography | |
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