Quote:
Originally Posted by whatnext
Not sure of your age group but that's a pretty damning indictment on how Vancouver's property market has gone for first time buyers, isn't it?
Again, not sure what unit size you're looking for but every so often places come up nearby in that transitional "Armory District" zone north of Fourth between Fir and Burrard at good prices. Nice and quiet in the evening yet close to everything.
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I would wholeheartedly agree.
And I'm firmly in middle of the Millennial cohort, so with
significant help from relatives we are privileged to own a home big enough for a family (a fact I'm extremely conscious of), but not so much so that we could afford something necessary for that stage of life within the inner ring of CoV. This is why we moved from Kits to North Van.
I came into a relatively small but by no means insignificant amount of money into my early 20's (well before I met my wife). I often wonder how our family's finances would be different if I had bought into a 1BR in Yaletown or something back when they were coming off the doldrums of the global recession and still $250-300K. So yeah, an indictment of the market for young people indeed. The best time to get in, as it nearly always seems, was yesterday.
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