Quote:
Originally Posted by 6thGear.
The house I grew up in, Broadway/Nanaimo area, had our neighbor (elderly widowed wife) selling. She offered to sell it to us for $250k. My mom ran to the bank, had approval as a rental property but my dad refused to sign the papers. He kept saying we didn't need it, what do we need all this land for. My mom told him, rent it out till one of us kids can move in, in the future. He never signed it.
Just a couple years ago, 1 of our old neighbors ran into my sister and told her our old house was part of a land assembly. The house next door that we could've bought was also part of it. All these years, my mom would see house values increase would smack my dad as a stark reminder what could've been.
Some of our parents, mine included (specifically my dad) never saw the big picture and the lucky ones who did are reaping the benefits now.
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Literally my parents. Cept my mom was able to convince my dad to buy a second house @ $360k, but he only kept it for 2 years and pocketed a sweet 80k (at the time). That house is now worth 1.7m land value alone lol.
After my father passed, my mom took the money he left and bought another house asap for 1.2m lol. House now worth 1.7...
Sounds like our immigrant dads fucked our futures up lol. Could've had 5 houses by now lol.