Comments on: Can’t Afford a House in Vancouver? Buy Ontario instead for $16,900…

By: Stephen

Stephen — Wed, 13 Dec 2006 23:03:55 +0000

I paid about $150K for my place about 2 years ago. It will probably be assessed at $300K this coming year. However, even though the value has gone up, I don’t consider it a true asset until:

A) I sell it, or
B) I rent it out and buy another house.

Right now, because it is my primary residence and all I do is put money into it, it is just another libability (taxes, mortgage, utitlies et al).

By: Tyler

Tyler — Wed, 13 Dec 2006 15:00:24 +0000

Oh can I park my virtual Ferrari in my virtual Condo?

Stephen ya wont make me mad if ya tell me, I’m currently not close to getting into a condo though it would be nice. One day!

By: Stephen

Stephen — Mon, 11 Dec 2006 21:21:27 +0000

Hell no! Not paying real money for a virtual house

By: Sober Lush

Sober Lush — Mon, 11 Dec 2006 21:17:15 +0000

So… are signed up for this?

By: Stephen

Stephen — Mon, 11 Dec 2006 20:18:22 +0000

If I tell you what I paid for mine, it will make you mad LOL