Quote:
Originally Posted by meme405
This thread is now 4 years old, and for 4 years you have been saying the same shit. Yet here we are and prices have doubled up. So if you had been a "slave to the real estate market" you would have made a bunch of money, and could have lived in beautiful british columbia all this time.
Will the market crash here someday? Yes absolutely. But if it takes 10 years, and some idiot has been standing on the sidelines for 10 years saying its all gonna crumble, nobody is gonna think that idiot was anything but an idiot.
I'll take this a different direction.
Say I can afford a million dollars to spend on a house right now. I would spend that on a detached house in north vancouver, you tell me where you would spend it, and I'll see which one was a better investment in 4 years. In 4 years if my house in North van was definitively a better investment than whatever location you choose. You have to change your Username to IDIOT405. If your investment was definitively better than mine I will change my username to whatever you like.
And don't bullshit me and tell me "I would put it into mutual funds or the stock market". I have money in those, I want to diversify and real estate is the method of which I am choosing.
Deal?
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...lol a million for a house... hahahaha right keep dreaming ...lol