Quote:
Originally Posted by lio45
Not a special story. Plenty of ordinary people have made millions with rising real estate. (Or with bitcoin.)
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Right, but Seattle has a shit-ton of high paying jobs. Amazon, Microsoft, and the like. Its price rise seems somewhat rational/sustainable. And Seattle appears cheap compared to Vancouver. $1 million still gets you something.
Vancouver is mindblowing. My brother recently bought a very nice SFH, in an affluent Midwestern suburb, walking distance to GM CEO Mary Barra's house, at about 2x household income. That ratio has to be unheard of in Vancouver.