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I would say 2+ BR condos and TH's is the new norm for a lot of people moving forward and that's where you're going to see long term growth in prices and rent.
The thing about old Vancouver houses is if you want a house in a desirable neighborhood you'll be paying well over $1.5m+, plus a lot of these houses are tear down ready so if you don't have the funds to new build a new house you're basically looking at a massive renovation project.
Putting money into a renovation for a tear down type home is OK if you're going to live there for the next 10+ years but if you're looking to flip it it's a waste because the buyer of that house will most likely be a builder.
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