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Friend of mine bought in Richmond close to that new Walmart back in 2016-2017 for a 2 bedroom condo at 350k. His place is worth 800k now. 2016\17 wasn’t that long ago.
Opportunities are out there, you just gotta keep your eyes open. Although I do see your point about the RE market today. New west still has some relative good deals. Another friend of mine bought in Hope 2018 for 380k, sold last year for 650k.
If you wanna beat the rat race you gotta make a few big plays. The guy who moved to hope works for CP in coquitlam. Yet he’s willing to the grind every day just to get ahead.
I’m not saying you don’t grind. I’m just saying that depending on how much you are willing to sacrifice there are still opportunities out there. You just need to know when to strike. Look at air Canada stock right now. In the toilet. Do you really think it won’t bounce back after this pandemic is over ? I got a lot of money in AC right now.
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