Quote:
Originally Posted by Alpine
$2m-$3m for a property is nothing for people in Vancouver...
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The unfortunate thing is that lots of people out there still remain wedded to the notion that they're supposed to be in the game of detached home ownership in the City of Vancouver.
Detached home ownership in the City of Vancouver is only for a specific echelon of households now... and yes, for them, $2M to $3M is nothing. Many of these households are on RS, RedFlagDeals, etc. and are younger/less "foreign" than people out there think.
A millennial household that we're friends with just had their offer accepted on a $4M house in Quilchena. That's who's in the game now.