It’s the end of another work week and that means it’s time for another Friday free-for-all here on VCI.
This is our regular end of the week news round up and open topic discussion thread for the weekend, here are a few recent links to kick off the chat:
–Some recent stats
–Rentals, the other disaster
–For rent, van with no toilet
–Scotiabank: Buyer tax the right move
–Mansion prices drop
–Prices to dip 10%
–Thousands of job losses
–What 3 mill gets you in Scottsdale
–Vancouver & Toronto go in different directions
So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!
Did you know you could buy nine mansions in France for the price of one boarded up Vancouver tear down?
Of course you might have to live in closer proximity to fresh baked croissants if you choose the French route, but at least one of them comes with 400 acres of land which should give you some buffer if you find that scent offensive.
PriceyPads ran this comparison and includes some beautiful pictures in their post.
Of course this is Vancouver so that’s an ‘asking price’, which may or may not bear some some relation to reality.
Just like craigslist rents, sometimes we get carried away with our asking prices.
You might remember the story of the extremely expensive listing in West Van with pictures of an imaginary house in the listing.
The asking price on that one was just south of $38 million. That was the asking price. The selling price was a bit less, well nearly $30 million less actually.
Remember when a million dollars was real money?
It’s always fun to compare what your Vancouver home dollars will get you in less fortunate countries.
A commenter by the name of mortgage posted this delightful contrast.
Here’s what $2.5 million will get you on a major street in the Cambie corridor, walking distance from the world famous ‘Oakridge Center Mall’. This 1948 beauty is located near the vibrant heart of Vancouver, where the sun always shines:
Somewhat south of there is a place called Beverly Hills California. If you take your $2.5 million down there you’ll find something like Dudley Moores old digs:
..but you wouldn’t be walking distance to Oakridge Mall. They have a Zellers.