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Old 11-18-2013, 04:50 PM   #212
MarchHare
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Join Date: May 2004
Location: YSJ (1979-2002) -> YYC (2002-2022) -> YVR (2022-present)
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Can't speak for anyone, but I bought because I wanted a garage and a detatched home. So yes, I bought not because I couldn't afford inner city. In fact, if I wanted to sacrifice space and not being attached to anything, I could be living in a condo downtown for less money and have a lower mortgage.
That's exactly my point -- you get more house for your buck the further away from downtown you're willing to go because outlying areas are less desirable (or, more accurately, central areas are more desirable), so demand is lower, reducing prices. A 50-year old 1250 sqft single-family detached home with a garage in Sunnyside or Lower Mount Royal is going to cost significantly more than a 5-year old 2500 sqft single-family detached home with a garage in Copperfield or Citadel.
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