Quote:
Originally Posted by westopher
Exactly. No kids. She’s 28 and I’m 32, and we’d like kids in the next 3-5 years. Living in a 1 bedroom condo, we could get by for a year or 2 with our large den, but it’s not long term.
It’s looking like we will leave this city by that point.
Also by that point hopefully she will be a nurse practitioner which is another example of the city that can’t be afforded by a valuable asset to the community.
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Assuming "leaving this city" means you're just leaving the North Shore, but not actually away from the Lower Mainland, where do you suppose your budget would allow you to settle in the next 3-5 years? With the way RE are heading, my personal guess is, the price hikes will neutralize -- or at least eat up a significant portion of -- Mrs. Westopher's higher earnings in her new role as nurse practitioner. And then when little Westopher hits, the increased expenses and her reduced income (even after mat leave EI + union top ups) will reduce your disposable spendings.
Wifey and I are in a similar situation where we want to upsize the living quarters, and our combined earnings are nowhere near what you are pulling in. We don't want to leave CoV because our family and support base are all in Vancouver. But our salaries are really not affording us any good options.