Originally Posted by leftover_salmon
I'd fucking kill myself if I still ived with my parents. I went away to college when I was 18, and while I like coming home to visit, I just can't stand having to eat whatever dinner is at 6:30pm every night and having my dad come knock on my door to say "Hi" four times a day.
By the time you're 30, you should have a job and enough money to live on your own. Hell, by the time you're 22 (unless you're in grad school).
Cost of living my friend. Buying a place takes a lot of loot now considering how low paying the jobs are in Vancouver. Seriously, its sad. Average houshold income = $60k, Average home cost = $800k.
The average houshold now spends 70% of its pretax income to maintain a mortgage when in fact the ideal amount should be 35%. Vancouver is routinely in the top 10 least affordable cities when comparing income to housing and I would say factoring in cost of everything else (food, clothing, etc) compared to the US, its even more expensive.
I did a quick MLS search in vancouver for detached homes and here are the hits.
Here's what $500k buys
Here's what $600k buys
Here's what $700k buyshttp://www.mls.ca/PropertyDetails.as...ertyID=7387378