Quote:
Originally Posted by MarkyMark
Is that what you did
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No, this scenario does not apply to me
But it does apply to my friend that moved here from Russia 8 years ago
When I first met him, he was making 45k gross a year, and lived in a house with 7 other dudes. His rent was 450$/month.
Lived in east van, worked in downtown, 30 min drive
3 years in, he managed to save around 45k, bought a condo in Langley, an old dump, 600sqft, he continued to work in downtown, his drive was 2hrs minimum round trip.
Today, he owns a 25 year old condo in Burnaby, worth two times what he paid for the dump in langley.
Furthermore, his net worth, is probably double the sum, of what a renter in his scenario would have paid for 8 years in rent
