Quote:
Originally Posted by VR6GTI
I have 3 friends who sold in the last 6 months and 2 out of 3 are currently living with parents or inlaws because they cannot get back in the market.
A realtor might have a better answer to this question.
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Yeah, if you're selling in Vancouver and want to buy back in Vancouver, good luck.
For example:
I live at Marine & Cambie
Bought pre-sale @ $350k
Market value now is $450k
If I sold, there is no way I can buy back in this location.
The PTT alone or GST will push my costs up.
My money will do a lot better @ Burnaby Edmonds.
Same goes with houses.