Quote:
Originally Posted by Gerbs
It's the opposite. 1 bedroom is way easier to sell because the average single and dual-income population can reasonably buy a <$600k 1BR condo. But have an incredibly difficult time saving for a DP + Qualifying for a $600 - 750k 2BR condo.
If I wanted to cop a $700k 2BR that's like
20% Downpayment @ $140k + $112k annual income
or
40% Downpayment @ $280k + $84k annual income
However, 2BR condos have a more attractive $/Sqft because of this.
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Why do you want a brand new condo? Whats wrong with a 15yr old condo near Edmonds for 500k 2br? I think there is where you have to define needs vs wants. to tie it back to the current topic of relationships - like a poster said - you are competing against dudes with 911/m3/GTR/penthouse... the sooner you realize your 700k Cambie corridor or River District 2br will not matter, the faster you'll get ahead.
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Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt
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