Quote:
Originally Posted by westopher
But how are people going to pay that money without mortgage helpers?
Think of how many properties in Vancouver are 3.4 million dollars, and compare that to how many people are taking home 600k household income to afford that mortgage payment.
There's a whole lot more 3 million dollar homes here than 3 million dollar home afforders lol.
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Are there not any smaller/cheaper places without them in the same area for say $2-2.5M? They've still got to be able to cover good chunk of the mortgage on a $3.4M place.
I just can't imagine being at the level of being able to afford something that high end and still have to deal with multiple tenants and their BS on the same property.