MSN04

In such case, the sky high price will be the resort area and not the downtown 500sq ft condo. ...
sheep 發表於 2010-9-28 09:04

And I did not know that very rich people love living in some 1-million dollar **** hole in the west van.

MSN04

downtown 500SF is not THAT expenisve (225K-300K)... it's definitely affordable for single peo ...
大C姐 發表於 2010-9-28 09:17

Are there a lot of people making 60k a year?  Mind u, household average is 70k to 80k.
2 beds, 2 baths 500k to 600k.
3 beds, 3 baths about a million.
Hmm... i get the picture, people living in downtown are either single or super rich ROFL.

MSN04

Every city is different, that's why i would NEVER compare other major Canadian cities to Vanc ...
大C姐 發表於 2010-9-28 08:53

So rich people love rain?  
Wow, just too much things I can learn from your BS.  Thank you.

FYI, whistler is not doing so well... so the resort BS is not working that well...

MSN04

For Single people making 60K, after tax take home pay is about $3700.  If Mortgage and strata ...
Look4chrisng 發表於 2010-9-28 10:48

Actually, spending 40% of before-tax income on housing is not that bad.
However, average people in vancouver is spending up to 60% of income (before tax) on housing... so u get the idea.  OHHH !!!  I am sorry, the stat must lie, b/c everyone in Vancouver is rich and doesn't need mortgage!  They just pay with CASH!! woot!

MSN04

BS? The reality is, there ARE people buying expensive properties in Vancouver, whether or not th ...
大C姐 發表於 2010-9-28 12:28

Are you stupid or sth? Did I ever said that there is no rich people buying properties in Vancouver?  There are rich people every where buying properties as their 2nd, 3rd, 4th... home.  Do you even have stat to support your BS that enough rich people are here to be the factor?  If not, it wasn't a bold statement, it was pure BS from you.  Go get some help.

MSN04

My example is only for someone who works in downtown with no kids, I dont' think making 60K i ...
大C姐 發表於 2010-9-28 12:31

You got any problem with you brain or sth?  that you can only read selectively?
I did not disagree that 60k is not a common salary to get.  I even said that 40% or pre-tax is reasonable to spend on housing.
So what is your take on those 500k - 1 mil condo?  All for rich people?  I didn't know that downtown only filled with people who are single or extraordinary rich only.

MSN04

I don't think you have to sell your body living on $56/day! that's an insult to a lot of peop ...
大C姐 發表於 2010-9-28 12:38

please note that the $56 is for everything else.  Do you believe that someone who make 60k should not be able to afford other "luxury" like a car?  Of course there are a lot of people living on less than $56 a day, but I don't think that's the type of people you were referring to in your original post.  Please be consistent.

MSN04

As i always said, those people who buy multi-million dollar properties are not earning payche ...
大C姐 發表於 2010-9-28 12:41

I agree 100%.  Even those houses less than 1 million (700k - 800k) were all bought by people who don't earn pay cheques.  I need to get back to reality

MSN04

The statistic is already been GIVEN - it is already a FACT that Vancouver overall real estate ...
大C姐 發表於 2010-9-28 13:02

WOW!!!  OMG!!! did you even go to school to statistic or anything similar?
I never know that you can put some reasoning and imply that as facts.  Because no one can afford it, so it must be rich foreigner????
If you just want to focus on 5M house or anything more than 3 millions.  I would agree that it is most likely the foreigner or local very rich people (there are quite a few rich local people too, if u don't know).
But for average house price??  ok, let's not talk about average b/c that are probably 1000000 of properties that worth more than 5M in Vancouver that will skewed the average.  Let's talk about those supposed-to-be cheap 700k-800k house?  All purchased by rich foreigner too?

MSN04

wah... i never said making $60K can afford a "luxurious" lifestyle... i only said that person ...
大C姐 發表於 2010-9-28 13:09

making 60k is already above average...
and I don't mean luxury car (that's why i put a " " there).  Getting a cheap cheap car is like $500 with gas and insurance?  that is $16.67 per day for a 30-day month.
Based on your logic... with the amount of "nice" cars on the road, the average income stat must be a total lie.