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Old 10-03-2012, 04:51 PM   #17
Hondaracer
I have named my kids VIC and VLS
 
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Quote:
Originally Posted by jasonturbo View Post
Housing bubble won't burst because, I heard that the median household income in this city is expected to increase 200% just like the price of housing did lol...

Eventually, all things financial revert to the mean. I've been watching property over the last few years very closely and all I can say is that over the last 6 months it seems the price of condo's have taken a 10% haircut.

Having said that, the more I travel for work, the more I realize just how amazing Vancouver is. The scenery, the beach all summer, the mountains all winter, how well groomed the city stays, the traffic is not that bad IMO (go drive around Toronto for a week), the city did a very good job ensuring park space DT didn't vanish as new buildings were erected, the people are friendly, the FOOD OMG, the parking is usually easy, the airport is located in a good spot, close to US border, close to many nature areas, close to Whis, attracts maor venues, etc..

Van is THAT GREAT.
Agreed, I've also been around and I will never have anywhere but BC as my home
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Edit * also until the N/A absolutely takes a shit as a whole, desirable properties will never go down
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