Catpiano

It is more expensive in Vancouver Canada.
BC_HST 發表於 2010-1-4 09:55

Yeah .. right ..  16,000 ft home in Van ..  (actual size) is more expensive then 1,600 ft home in HK ar ma .. (and only 70%usuable)

Ultraman

Not all people will get married.
Not all married couples will have kids.
Why buying a house is a must?

fibbi

53# Ultraman


咁講，俾rent又係俾＄，俾mortgage都係俾＄，俾咗mortgage，供滿咗間屋就係你嘅（呢啲嘢個個人都知），咁喺financial management point of view，有property 就係有asset，經濟上可以多咗option去再做其他嘢。俾rent就係liability，無乜效益囉。

myversa

Yeah .. right ..  16,000 ft home in Van ..  (actual size) is more expensive then 1,600 ft home in HK ar ma .. (and only 70%usuable)
Catpiano 發表於 2010-1-4 13:02

I cannot believe you actually replied him....

Ultraman

53# Ultraman


咁講，俾rent又係俾＄，俾mortgage都係俾＄，俾咗mortgage，供滿咗間屋就係你嘅（呢啲嘢個個人都知），咁喺financial management point of view，有property 就係有assest，經濟上可以多咗option去 ...
fibbi 發表於 2010-1-4 12:24

I know, it's as simple as people getting married have a marriage certificate but there are still people not getting married but just living together. Why? Cuz people have different needs and preferred life style. Regarding for buying houses, more importantly is about money! (who doesn't know the economic theory?!) As simply as, if you (a general you) don't have enough money, better don't dream to eat abalone but instant noodles will also fill your stomach; thus you can't afford to buy/own your house you can/have to rent or live with your family lor. Or on the other hand, try harder to make/gain/save more money!

fibbi

56# Ultraman


How much is the rent for 2-bedroom apartment in Vancouver? $1000-ish?
How much is mortgage if buying $300K apartment (not brand new) with $30K down?  (25 yr, 6.7%) $850 (bi-weekly) from TD bank website. (if more down payment then the mortgage is lowered as well...)
So if the difference is not that huge then it seems to still make more sense to own a property than paying rent?
But of course, if people prefer different lifestyle to rather spend the $ (about $800 in the above example), then it's their choice la.

fibbi

59# BC_HST


What's wrong with buying 20 or 30 years old town house/apartment?

http://www.mls.ca/propertyDetails.aspx?propertyId=8875531
This is under $300K and built in 1995, and in Richmond.

So you call this drug district too?

fibbi

61# BC_HST


Where on earth you found a place with zero crime rate?
This is just one example of a property listing not on your "so called" gun crime/drug area.
Leaky townhouse? Then if a person really is interested in this place, he/she should check the past apartment minute, management records to determine if this is a good buy or not.

Back to topic, it's never easy to buy a property any where..but if we really want to buy...just need to discipline ourselves to save $.
Whether the house price is reasonable or not, I can't judge, it's driven by demand and supply? Do we want more govt intervention? Or less to stablize the house price? It's hard to say.

Catpiano

Fibbi ..  give up la....

When someone said VANCOUVER house is more then HK house price .. that is a big problem la..

Of course, not pick those most expensive $30-50M house in BC to compare with 250 ft home in TIN SHU WAY ...

Some area, ~ $10K can per ft in HK .. some area .. may be $500 cad per ft ...  but in general, we all know HK, Tokyo, London etc ..  are EXPENSIVE to buy a home ..

Tax/Fee in Canada is high? many area in HK ..  pay $10K HKD plus fee per month ..  ( not tax, just the fee for security/whatever )

But is it true, in HK, you can live epensive or cheap .. many people making $1M a yr .. and not enough to cover their expensive ..  and many make $5K HKD a month, for whole family ..  we are not going to go though it again and again ...

No matter toppy, esl, math, HST whatever ... just a joke here.

fibbi

If we talk about buying property here....都係儲幾年＄儲個首期，take $ from RRSP, 跟住就要公一份，婆一份架喇。身邊好多朋友都係咁。
如果冇屋企人幫嘅話，多數會揀apartment 先，有能力再trade up。有屋企人幫嘅話，會買house，想鬆動啲嘅咪租個basement出去囉。