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Because Canada expects you to be a Francophone rocket surgeon in order to live there. I could afford to live there if I wanted to, the rents aren't really much worse than where I am now. The problem is that they want professionals living there, not "average Joes".
Though I'd say the bubble will pop long before 2013, but everyone has been saying it will pop for the last seven years...
Yeah, I saw many 1 bedrooms in Vancouver for 800-900 a CAD month on craigslist... and those are the same prices in Seattle or Portland, or even higher, but in US dollars.... In Seattle its about 1100 US a month....
And since the exchange rate is 1CAD=0.79USD, So that means 900 CAD for a 1bdrm in Van = 700 USD.
Therefore, cheaper to rent in Van than in Seattle or PTLAND.
The only thing that doesnt scale between the two is incomes, but that's a whole other thread
Yeah, I saw many 1 bedrooms in Vancouver for 800-900 a CAD month on craigslist... and those are the same prices in Seattle or Portland, or even higher, but in US dollars.... In Seattle its about 1100 US a month....
And since the exchange rate is 1CAD=0.79USD, So that means 900 CAD for a 1bdrm in Van = 700 USD.
Therefore, cheaper to rent in Van than in Seattle or PTLAND.
The only thing that doesnt scale between the two is incomes, but that's a whole other thread
I can't speak for Seattle, but jobs in Portland do not pay much either, and there are few of them.
I can't speak for Seattle, but jobs in Portland do not pay much either, and there are few of them.
I believe it. I do know that Seattle is strong in terms of jobs/income, so it balances out the high costs.
However, I'm looking online for jobs in HR in Vancouver, just out of curiosity , compared to let's say Toronto and was surprised at the bigger number of options I saw in Vancouver, and also many options that paid more than 55k.... and a lot of them were permanent jobs, (saw too many contract temp jobs in Toronto) And this is all despite people saying Vancouver has no jobs and that they pay little....
There weren't a ton load of options compared to Seattle however, but still, Vancouver didn't look too bad to me.
Though I'd say the bubble will pop long before 2013, but everyone has been saying it will pop for the last seven years...
I've been hearing cries of a housing bubble since the early 2000's. Predictions are notoriously wrong. Doesn't mean it won't happen, doesn't mean it will.
The fact is no one knows.
Friends of mine were convinced it would happen in 2008 , put off buying. They waited to long.
I believe it. I do know that Seattle is strong in terms of jobs/income, so it balances out the high costs.
However, I'm looking online for jobs in HR in Vancouver, just out of curiosity , compared to let's say Toronto and was surprised at the bigger number of options I saw in Vancouver, and also many options that paid more than 55k.... and a lot of them were permanent jobs, (saw too many contract temp jobs in Toronto) And this is all despite people saying Vancouver has no jobs and that they pay little....
There weren't a ton load of options compared to Seattle however, but still, Vancouver didn't look too bad to me.
This forum honestly is just irrationally anti-Canadian. Most people here are right wingers, so I guess it does make sense.
This forum honestly is just irrationally anti-Canadian. Most people here are right wingers, so I guess it does make sense.
Really at the end of the day, living in any kind of expensive city whether its in the US or Canada is MORE than possible if you're single . And don't be stupid with your money.
I've been hearing cries of a housing bubble since the early 2000's. Predictions are notoriously wrong. Doesn't mean it won't happen, doesn't mean it will.
The fact is no one knows.
Friends of mine were convinced it would happen in 2008 , put off buying. They waited to long.
I'm most likely going to inherit a house in Vancouver, it'll be interesting to see what it's worth at that point.
At this point, a lot of the market is being influenced by foreign buyers not even just Chinese, but also now even Americans who are attracted because the Canadian dollar is low. Though that's the problem with a high priced housing market driven by foreign buyers--if things change in those countries and they stop coming, who is going to being able to buy a house at those prices in Vancouver. You can buy or rent a condo now if you're not rich, a house is an expensive proposition. Eventually there will be a correction, maybe not a fullforce drop, but everything that goes up will go down--then maybe back up again.
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. And don't be stupid with your money.
