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BC home prices continue to soar

 
 
Reyn
 
Reply Thu 2 Jun, 2005 08:19 pm
What are home prices like in your area?

BC home prices continue to soar
Jun, 02 2005 - 8:00 AM

VANCOUVER/CKNW(AM980) - It's getting so expensive to buy a home in BC, that one forecast suggests the province remains the least affordable region in the country.
RBC economics house prices continue to soar because of the booming economy.

The portion of pre-tax income needed to service the costs of owning a home range from 29 and a half per cent for a condo to 61.3 per cent for a standard two story house.
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Intrepid
 
  1  
Reply Thu 2 Jun, 2005 08:58 pm
Sell your house and move to Minot, North Dakota. A 1.5 million dollar home in California would only cost $130,000 in North Dakota. :-)

I lived in Manitoba for a couple of years... you may want to rethink North Dakota Laughing
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Setanta
 
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Reply Thu 2 Jun, 2005 09:25 pm
You can go from the Danforth to a house on the Queen's Road (Route 2) outside the city limits and cut the price in half . . .
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Intrepid
 
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Reply Thu 2 Jun, 2005 09:34 pm
Do you mean Kingston Road going east from Toronto?
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Setanta
 
  1  
Reply Thu 2 Jun, 2005 10:04 pm
Yeah, Queen Street, Kingston Road, it's all the same to me . . . too high gasoline prices and tawdry stores . . . cheap housing, though . . .
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