Another warm sunny day in Ottawa. Here’s what I get for having given up on the “best place on earth”:
– more cultural activities
– people who are polite and say hi to you on the street
– neighbourhoods that feel like neighbourhoods
– ethnic diversity but not segregation
– no homeless people outside of downtown
– breakins are regarded as newsworthy
– much better job opportunities
I can break the RE market into three sectors:
– Gatineau, Quebec
Prices that are actually reasonable. $200K gets you this in the English-speaking community of Aylmer:
– Generic Ottawa
Overpriced but if you really want to buy, you won’t become a debt slave. $300K gets you this in Silicon Valley North:
– Trendy Ottawa
Definite bubble territory, but still more for your money than Vancouver. This $1.2 mil house in the Glebe likely would not rent for more than $3500/month:
Compare with this rental:
http://ottawa.en.craigslist.ca
Or you can rent, there’s lot of quality stock, the landlords aren’t psychos and people don’t treat you like a leper.
Enjoy the rain.