Quote:
Originally Posted by Hondaracer
Look at where we live.
If there's a premium to be paid to live here, there will be a portion of the population who are willing to pay it to be here.
Drive down willingdon, boundary, etc. on a clear evening and look at the sunset.
Mad ppl underestimating the allure of Van.
Ever think values are just keeping up to the world average?
You saw Rio in the Olympics? It's fucking gorgeous.
Vancouver On the world scale is Rio in a first world country with unlimited resources.
In b4 it's dat weed/drunk talk |
I get what you're saying, and for the rich people that want to live here it may make sense to just eat the tax and do so. For the people who are thinking about the investment side of things, an extra 15% on top of what everyone else pays isn't really a good investment. You can't look at it and be like "it's Vancouver my house will be worth more than 15% in a couple of weeks" just because of how things have gone over the last couple years. If things are slowing down it could take years to make up that 15% now.
Seattle has sunsets too, and if you're looking at a 2 million dollar property you might look at that you can buy there, compared to the hundred year old house you'll get here and think long and hard about it.
I could be wrong but who knows, no one likes paying extra taxes especially when they start going into the hundreds of thousands.