Calgary real estate prospects

[killramos]

[tcon]

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I'd hold off on buying, pricing in Calgary usually goes down as oil prices go up. Not to mention, with the current rate of inflation, house prices will definitely get cheaper by next year, similar to how lumber prices have become more favorable since last summer.

hehe. Also with Trudeau wanting to import more new Canadians, they will all move to rural towns and stay clear of the main city centers

[JohnnyHockey13]

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That’s valid. I’m a little frustrated not having a garage, and we are paying an extortionate amount of rent for a 1 bedroom apartment. I guess we just need to wait for something close to ideal that’s in our range and go for it, I’m willing to wait up to another year.

Lol define extortionate...we moved to North Van and are now renting a brand new 3 bedroom condo for about $3,100 a month after incentives, plus $125 for an extra parking space. Bonus is utilities went from $400 in our house in Airdrie down to less than $100 a month, and no more property tax to pay for.

[Disoblige]

I am way too cheap to pay someone $3,200+/month and part of it doesn't go into my mortgage payment.

[Buster]

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I am way too cheap to pay someone $3,200+/month and part of it doesn't go into my mortgage payment.

It's not a bad idea in Vancouver

[pheoxs]

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I am way too cheap to pay someone $3,200+/month and part of it doesn't go into my mortgage payment.

$3,325/month * and only until incentives fall off. Crazy to just blow on a rental.

I think that's my house and all my monthly living expenses together here.

[max_boost]

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It's not a bad idea in Vancouver

North Vancouver too. Isn’t that the Aspen of Vancouver lol

[dirtsniffer]

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Lol define extortionate...we moved to North Van and are now renting a brand new 3 bedroom condo for about $3,100 a month after incentives, plus $125 for an extra parking space. Bonus is utilities went from $400 in our house in Airdrie down to less than $100 a month, and no more property tax to pay for.

Nice of you to get a room for your wife's boyfriend

[jwslam]

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Nice of you to get a room for your wife's boyfriend

I thought it's an art room for other people's dads.

[ExtraSlow]

$3200 a month on your residence, I hope your household makes a lot more than mine!

[suntan]

Not sure if I mentioned it here before, but one of my old employees bought a place in Vancouver, $1.2 million making about $80K/yr.

She said she's going to die with the mortgage.

[killramos]

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$3200 a month on your residence, I hope your household makes a lot more than mine!

No kidding.

[ExtraSlow]

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$3200 a month on your residence, I hope your household makes a lot more than mine!

My house mortgage, truck payment, and insurance for both are less than that combined. Now I am a cheapass to be sure, but I'd still have enough left over to add another decent vehicle payment in there.

I guess I should support people stimulating the economy by spending money, I'm apparently bad at it.

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Not sure if I mentioned it here before, but one of my old employees bought a place in Vancouver, $1.2 million making about $80K/yr.
She said she's going have to move out when interest rates rise.

FTFY

[suntan]

lol yeah.

My mortgage, property taxes, car payments, kids lessons, utility bills, insurance, gym membership and lunches out combined is less.

[ExtraSlow]

It's just proof we should all buy more expensive houses. someone call Jordan.

[killramos]

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it's just proof we should all move to Vancouver. Just ask PowerOfMazdas.

ftfy…

[Rocket1k78]

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$3,325/month * and only until incentives fall off. Crazy to just blow on a rental.

I think that's my house and all my monthly living expenses together here.

You cant compare here to there lol There is double and then some. That 3 bedroom condo in north van has got to be a mill or more so any calgarian not living in Aspen here will be a renter there

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Nice of you to get a room for your wife's boyfriend

Link to this story lol

[JohnnyHockey13]

Lol....it's a brand new rental building in North Van. Ground floor, about 1000 sq ft with a larger front patio (ground level suite), also includes access to a gym.

This is just temporary for us for a few years before our parents need to live with us due to old age and then we will have to move back and buy a house in Calgary likely.

As for dumping/wasting the money, I dunno, we don't have kids and Im on a really good DB pension plan (so retirement is not a worry)....this was strictly a lifestyle choice. You can't put a price on 1. not dealing with Calgary winters, and 2. being able to go the beach whenever we want, the ocean is a 16 min walk from here and numerous nice actual beaches within a 20 min drive plus about equal distance to North Van's trails and such.....my mental health has already benefited (granted, I'm coming over from Airdie lol)

Money wise, I take home 5G a month so after rent and other bills and other small expenses (we don't eat fancy at all nor do we buy fancy shit like purses new dress shoes every month), I can still save about $1,000 a month....and my wife pays for groceries.

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You cant compare here to there lol There is double and then some. That 3 bedroom condo in north van has got to be a mill or more so any calgarian not living in Aspen here will be a renter there

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Link to this story lol

I laugh when people talk about how much rent is in Vancouver, no one is stopping you from renting a house in Strathmore if you want.

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lol yeah.

My mortgage, property taxes, car payments, kids lessons, utility bills, insurance, gym membership and lunches out combined is less.

Lol, we have no property taxes, no car payments, no kids lessons, no gym memberships, and normally no lunches or even dinners out really.

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Nice of you to get a room for your wife's boyfriend

Funny.....no we got our room, a guest room for the MIL, and our home office.

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$3,325/month * and only until incentives fall off. Crazy to just blow on a rental.

I think that's my house and all my monthly living expenses together here.

Yes, but you have to live in Calgary LOL no offence

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Not sure if I mentioned it here before, but one of my old employees bought a place in Vancouver, $1.2 million making about $80K/yr.

She said she's going to die with the mortgage.

I don't ever plan to buy here at these prices....it's more an extended vacation for us.

[killramos]

Sounds like you are living the dream

[max_boost]

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Yes, but you have to live in Calgary LOL no offence

Yea if I could make what I make here but in Vancouver. Sayonara for sure lol BC babes