rent vs buy: Vancouver Buyers, are you still renting? 300,000 mortgage is less than 985.00 per month!
- 01/25/10 08:43 AM
Vancouver, are you ready to make the move away from renting? Many of us have heard the following: "The greatest fortunes were made in real estate." Real estate should ideally be a longer term investment, however just 10 years ago the average home price in BC was approximately 208,000* compare that to today's average BC home price of approximately 465,000*. Where else can you get that type of return on any investment, and STILL sleep at night? If you're renting or currenlty a home owner and thinking of buying an investment property, then waiting for prices to go down or (3 comments)