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Home » CurrentEvents

Wealth disparity and the housing shortage. May 6, 2022 12:02 pm RobVG

Someone I know works in property management in Vancouver BC. A rental client was just offered $20,000 by the owner to move out so the owner can move back in.

  • Housing prices have not gone up. by ER 2022-05-06 14:06:31
    • Housing prices have outpaced inflation for a while now... by RL 2022-05-07 08:09:26
    • I just saw this …. by Pebble 2022-05-06 12:45:56
      • image by podrock 2022-05-06 12:57:08
        • Its refreshing to know by ER 2022-05-07 08:10:45
      • What would a typical three bedroom family home cost in the US/Canada ? by Pebble 2022-05-06 12:22:45
        • I bought my house in Florida 20 ywars ago for by ER 2022-05-07 08:12:13
          • 25 years, 512% rise. by podrock 2022-05-07 09:33:40
          • My house sold for $525,000 three years ago. by RobVG 2022-05-06 12:36:31
            • In the Vancouver BC area, almost all 3 bedroom homes are over $1,000,000. Even if they’re a tear down. by RobVG 2022-05-06 12:33:24
              • Varies WILDLY by location... $500,000-600,000 where I live, a smaller 3BR house in say Rye NY might be closer to ... by RL 2022-05-06 12:29:07
                • In Auckland and Wellington it’d be about $1.5 million for a first time buyer home by Pebble 2022-05-06 12:43:09
                  • :[ by RobVG 2022-05-06 14:18:51
                    • Worth it if my dog gets to play with Wallaby in the back yard.... by RL 2022-05-06 13:16:02
                      • US dollars by Pebble 2022-05-06 14:29:37
                        • I could only do it if it were Rubles by RL 2022-05-06 14:45:59
                          • Which is a shame, since your post on rocket lab got me musing... by RL 2022-05-07 07:48:02

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