fibbi

回復 170# BiscottiGelato


    I don't think my case is hypothetical at all. It's all base on numbers. But as I said, if you think you want to live on more cash, get a cheaper property, $300K for a downtown 500 sq ft condo, or a bigger place in suburban area. It's your choice.

And why would we always want to have decent lifestyle while at the same time not wanting to make more and just blame about the high price? Why do we expect able to go travelling once a year, go skiing in winter, having a decent cell phone with data plan, with cable tv w/ movie channel, playing PS3, and having frappacinno once a day? Those are all luxury. If you want a big purchase in life there is sacrifice. There is no problem with renting. There is no problem with living in Surrey and getting work in downtown and take skytrain to work.

fibbi

回復 168# Look4chrisng


    I'm cheap, I never paid $100. But if you don't want to spend that $, don't go to wedding, buy a gift instead. If it's western wedding there is usually a gift registry too.

Gift to boyfriend doesn't have to be expensive. I give handmade card. Cook him a nice meal. It's the thought that counts right?

New mattress doesn't come every 10 yrs (or even more). Microwave...you can always get one for $70 in London Drugs.

fibbi

I do think the current generation (including myself) is kinda spoiled, 未挨過窮，
你可能會覺得，300 sq ft住一個人都嫌小啦。有無諗過其實300 sq ft住10個人都可以好開心, 好warm?

我細個嘅時候無cell phone，無computer, 無video game（有，不過阿媽都唔俾我買），日子都係咁過。宜家無咗嗰啲野好似會死咁？

BiscottiGelato

回復  BiscottiGelato
    I don't think my case is hypothetical at all. It's all base on numbers.  ...
fibbi 發表於 2010-9-28 18:00

fibbi, you don't understand what statistics mean. Statistics mean what the MAJORITY of people do. Not if your hypothetical number is possible.

Reality is, the majority of the average pay cheque earning Vancouverites find houses in Vancouver unaffordable. It's as simple as that. You numbers might work for you (probably doesn't even work for yourself tho, if I am to place a bet), but probably won't work for most Vancouverites.

快樂牛郎

I do think the current generation (including myself) is kinda spoiled, 未挨過窮，fibbi 發表於 2010/9/28 18:26

second that

those who have been through hardship thrive in any tough environment

those who have been spoiled all along only know how to cry, as we can see on this forum

fibbi

回復 174# BiscottiGelato


    My case is base on $60K income for $500K property. $50K down. It's affordable. But if you think it's too low cash to live on then it's fine. But I don't think that's miserable lifestyle.

With lower income, don't get $500K property, get cheaper one right?

As I mentioned b4, I lived on $700/month (excluding house expense) before, it's actually more than enough.
Cell phone $30
Internet/TV $100
Car $300
Saving $100
Food/entertainment  $170
When I started to earn a bit more then I give $ to parents.

somewhereintime

回復 176# fibbi


    Wow! Making 60K and still living in $700  appartment/suite.
    You  must have saved a fortune.

sheep

回復  BiscottiGelato


    My case is base on $60K income for $500K property. $50K down. It's affor ...
fibbi 發表於 2010-9-28 18:44

    咁慳家
如果你未嫁
一定追瘦你

MSN04

Just want to add one more thing for you people who think Vancouver is affordable to think about.
Please don't be so short sighted on this matter.  It is not a question of whether u can afford sth in vancouver, nor me, nor ur friends, nor ur dog.  It is the majority that can not afford, or not supposed to be able to afford the current pricing.  Do you even know how much CHMC is insuring?  Who is paying for those HUGE debt if there is really a bubble and go busted?  How many people is living on pay cheque to pay cheque?

Also, our recent economic growth is mainly related to real estate.  Is it a real growth?  The bank would prefer to lend money to home buyer b/c it is insured.  But they are less willing (or more strict) on loan to small business.  In other words, we are injecting money into an artificial economy rather than actually laying eggs for the future.  It is already a fact that our household debt is ridiculously high.  Man... for those of you who brag about living thru the hard time.  You may have to prepare to do it again.

fibbi

回復 177# somewhereintime


    No no, I mean I only spend $700 a month , not counting any housing expense though. I don't mean I'm living in 700K place la! Don't think I can afford it w/ my current income too.
And I don't say I make 60K la. It's just an example.