Vancouver real estate affordability?

Ozzie Jurock talks about the 'crisis in affordability' in the Vancouver real estate market. See more videos on real estate at Jurock.com

Category:

Howto & Style

Tags:

• vancouver
• real
• estate
• bc
• ozzie
• jurock

[yourmain]

Which they probably only pay to 2% of EMPLOYEES in the GVRD. My brother is one o them, and guess what his pay CHECKS READ.His bi weekly pay checks 2160 or 4320 buCKS per month..OooO soo DISGUSTING. Being in the top category o income earners, he would be living the bare minimum and just getting by in Van with savings of what 400 a month or 5K year in 10 he could save 50K to put as a dp on a suite..HAHA . Case in point. YOU ARE EITHER RICH....Or will always be poor if u work and live in Van.

[yourmain]

so 1600 every month or 35 years. 500 per month for ppty tax and condo fees, plus, 100 for heat and hydro, plus 100 for cell phone and cable. 200 for a bus pass. If you have a car 200 for insurance and 400 for a hyundai car payments. YOU HAVE YET TO EAT are are short, assuming you EAT FOOD, you will be short at least 1000 per month. And that is where VISA comes in, We also assume no one has any student loan payments other cc payments ect. You will be short Even if you earn 100K

[yourmain]

OKAY FOLKS, If you want to get real answers, well no need to go further.

FIRST, median income he said is 47,000. Notice how that is GROOOOOOS income. NOT NET, and who gives a fukc what gross income is? What ppl get to spend is on average 2500k in their pocket take home. Okay

Considering a 400 k one bed (300 condo fees,200 per month in ppty taxes) if you put down 10% . You would have a loan of 360,000 plus CMHC fees or a total loan o 370000. At prime 35 year you are looking at paying 1600 per

[vojvoda]

insane!!! U buy this shit and u get a leaking condo!!! no thank you.

[MHUnited1]

Her baby voice is so funny, like she's surprised. Degenerate mafia criminal's. Media hype, developers, governments, slush funds, foreign conspirator's and banks all working in concert to put you into the literal scottish translation of the word mortgage. "Deathgrip".

[ethicomm]

Let's face it, much of Vancouver's real estate is directly driven by drug money. What's laughable is new luxury apartments being built on Fraser at 29th that will cost about $400 thousand. I mean, if you work in a service industry job, how are you going to afford it? Not likely. I live in White Rock and don't bother with Vancouver any more though I love the place and lived there for years. I'm not going to pony up for ridiculous parking fees to go for coffee.

[canman5060]

The magic underlying this hughe increase in price is the increasing number of people using equity pledge in the form of line of credit.

[reveation12psalm83]

move to san antonio ask for joe garcia of caballero and associates realty 210-286-9289

[nibelungensohn]

Politicians cater to major investors and big corporations whether they are liberals or conservative. You are right. We need better wages.

[nibelungensohn]

When I have the money I would do the same. In the meantime, the National Front will welcome you as a member.