February 2022

How Vancouver got so expensive and what you can do about it

Posted on Feb 26, 2022 in Selling and Buying Advice

1. Foreign investors invest their money in Canadian housing market/real estate.
2. More than 1 million new immigrants plus 100k students are brought in Canada, without making the housing arrangements.
3. Bank doesn’t give interest on deposits so, real estate and US stock market is only way to earn interest on investment.
4. More than 70% of the popula...

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Buying a house or renting is a waste of money?

Posted on Feb 05, 2022 in Selling and Buying Advice

In my opinion, buying a house makes sense if you do the math, and figure out what the ACTUAL cost of ownership is, and are smart about your purchase. I think buying a big house is a waste of money if you do not have the money? To be “house” poor means most of your money goes into your house one way or the other. If you live in a home it could be a...

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