Quote:
Originally Posted by sun
People complain about the price of Vancouver... compared to the price of Vancouver. Detached house prices have risen, what, 40% in the past five years? 20% in the past year?
I would hope I would have the self awareness not to laugh at anyone complaining about the price of Vancouver if I bought my east van house 30 years ago for pennies and it's now worth $1.5M. Just because London is even more expensive? No one is allowed to complain about housing prices in their city unless they live in a top five expensive city on the planet? Makes about zero sense.
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I'd guess your not old enough to have to worry about what your going to live on in ten years when you are no longer wanted in the work force.
I bought a beaten up craphole fifteen years ago and worked my arse of to renovate it, it's current price is absurd and I fully expect around a 30% drop in the next few years if we're lucky 50 if unlucky. There's sod all point in complaining about house prices anywhere, I have no more God given right to live in London than Vancouver.