Quote:
Originally Posted by Jmac
I can't even fathom dropping $1.5M on a house with $100k/year household income. We have a similar household income with no kids and I'd like to keep it under $300k.
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How the fuck anyone could do that makes me actually ill. I can tell you that you can comfortably (and I mean very comfortably) hit the higher 300s, with a 100k+ household income and no kids, but the thought of 500k, never mind 1.5 mil you have basically ruined your life.
Personally I think any higher than the 3-400k though and you are going to start sacrificing the fun stuff. I'm much happier with money to blow on fun and a nice small place than a big place full of Mr. Noodles.
I'd compare the Vancouver housing market to some stupid 19 year old hostess spending all of her money on a coach purse and having nothing left to put in it.