Real estate woes

Here in Vancouver, it’s not unusual for condos to sell for $1M or more. Yikes, who can afford the mortgage that must go with a million dollar condo?

And I am talking condominium — not a detached house with its own yard etc. etc.

For that, in my neighbourhood, you’d be looking at paying at least $1.5 million and upwards. Again, yikes — who can afford that?

With my resources, about the biggest piece of real estate I could purchase might be a closet in one of these condos. So dontchaknow, here’s a guy who found 7 Inventive Ways to Live in a Closet.

Here’s my favourite space saving piece of furniture: you can sit and/or toast your buns depending on how you flip the dang thing.

chairstove

Last 5 posts in JOURNAL

5 Responses to “Real estate woes”

  1. MacBros Says:

    Wow! Can you say Fire Hazard!!!??

  2. Thomas Says:

    I used to have a regular in my restaurant who complained at length that a glut of construction near his vacation condo had tanked the resale market and that he was only going to get a ten percent bump when he sold it.

    He has a five million dollar house and a million dollar vacation condo and he expected me to sympathize that, in the reselling of that condo, he was only profiting by double what I make in a year.

    I have trouble empathizing.

  3. amy Says:

    After watching Anne of Green Gables from Prince Edward Island I have wanted to visit Canada..definitely cant afford to live there right now though..I promise the contest wont continuously be this long..This was just practice and I have received great input

    amy

  4. TeaMouse Says:

    That is hilarious - this could be sold in Alberta and Ontario as well. There was a small house selling in central Toronto that was 300sq ft, it was selling for $140,000 and the bathroom was so tiny you had to go into it sideways and they pp who were bidding on it said the house/with a dirt basement was so tiny, their larger friends wouldn’t be allowed to visit.

    Thankfully I am in Saskatchewan and you can still get quality housing for a decent price. My Dad and sis live in Vancouver and White Rock…I don’t know how they do it - they both have nice homes.

  5. Larry Says:

    Oh, but PEI is only one small part of Canada — a most beautiful part nonetheless. I feel most blessed to live in Vancouver on Canada’s west coast. I live 6 blocks from the ocean and beach - in 15 minutes can drive to Grouse Mountain and can be skiing (that is if I was a skier) — then drive back and ocean kayak, run around the seawall, drink lots of Starbucks coffee etc. etc. Now having said all that, there is that one tiny problem of the rain we get here — that’s why some call it the “wet” coast.

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