Canadians - please advise!

[Turbodoug]

Fyi i live in vancouver and within 1/2 mile of my apartment there are MANY 33 ft lot houses listed @ 4 3 million, houses are basically tear downs.
White spot on Georgia 1 acre just sold for 245 million for under 1 acre and its a tear down 1 story old building and parking lot.
Unafordable is an understatement.
Gasoline 6 bucks a gallon
Car insurance 2800 per year

 

[mochiko42]

Fyi i live in vancouver and within 1/2 mile of my apartment there are MANY 33 ft lot houses listed @ 4 3 million, houses are basically tear downs.
White spot on Georgia 1 acre just sold for 245 million for under 1 acre and its a tear down 1 story old building and parking lot.
Unafordable is an understatement.
Gasoline 6 bucks a gallon
Car insurance 2800 per year

My husband and I have been looking for over a year to buy a place to live in Vancouver and the pricing is insane. Houses that should be no more than 300k are selling for 2 million. Even places like Coquitlam and new West are so expensive.

 

[Turbodoug]

You can buy a 500 sq ft apartment for $550,000 in my area.... double or triple that downtown.

 

[mochiko42]

You can buy a 500 sq ft apartment for $550,000 in my area.... double or triple that downtown.

Where's that? Most of the condos we've been looking at are at least 700 or 800k

 

[Turbodoug]

550k was pre sale on "JOYCE" yet to be started......sold out in 3 weeks.

 

[OoohShiny]

This is a really useful and interesting thread, thank you to everyone contributing!

 

[pearaffair]

My husband and I are moving to Canada next year (his spousal visa finally came through) so I'm following this thread with interest. I'm Canadian but have spent much of my childhood and all of my adult life outside of Canada (first the UK/US then Asia). I am freaking out just a tiny bit since there is so much information to absorb all at once and it's a little overwhelming (from the daily mundane things such as learning that the electricity bill is actually called 'hydro' in BC, to figuring out how to file taxes in Canada, not to mention having to start again in terms of jobs and social & professional networks...).

Hugs. Baby steps. You’ll be ok
Post in here and tag me if specific questions come up. I’m excited for you move, I think canada will be good to you!

 

[lyra]

One negative for the Lower Mainland, BC. The traffic is appallingly SLOW! Sometimes a half hour trip will actually take hours. It's not the kind of place where you can live very far from a place (work/leisure/family) and expect a reasonable commute. You have to work with that.

 

[mochiko42]

Hugs. Baby steps. You’ll be ok
Post in here and tag me if specific questions come up. I’m excited for you move, I think canada will be good to you!

Thank you @pearaffair. That is so kind of you. I'm always awed by the generosity and goodness I find on PS. I am excited about the move not least because I can get my beloved TimBits again lol. It's just that I as I get older I find any change is always a lot to process!

 

[canuk-gal]

Thank you @pearaffair. That is so kind of you. I'm always awed by the generosity and goodness I find on PS. I am excited about the move not least because I can get my beloved TimBits again lol. It's just that I as I get older I find any change is always a lot to process!

Alas they aren't what they used to be.

But move anyway! Especially, for this

https://hawksworthrestaurant.com/

cheers--Sharon

 

[pearaffair]

I have my moved to four different provinces in Canada. I always found it hard - having to break into a new community, get all new paperwork etc, and find new favourites (cafes, bakeries, consignment shops, etc). It takes time. But I will say: I have become more adaptable, more resilient, and more appreciative. I hope you find the same!