The Conservative Cave

Current Events => Economics => Topic started by: Chris on April 20, 2010, 10:56:57 PM

Title: Crack Shack or Mansion
Post by: Chris on April 20, 2010, 10:56:57 PM
We aim to discover what 1 million dollars will buy you in Vancouver, Canada, and whether your mansion will be distinguishable from a crach shack.

http://www.crackshackormansion.com/
Title: Re: Crack Shack or Mansion
Post by: debk on April 20, 2010, 11:06:25 PM
"Congratulations, you are a Realtor!"

duh.... :-)


Besides I watch the realty shows on HGTV and a lot of them are filmed in Canada.....their prices are ridiculous up there!!!! :o
Title: Re: Crack Shack or Mansion
Post by: Chris on April 20, 2010, 11:07:36 PM
Not sure why.  Their exchange rate isn't much different from ours... it's about .94 or .98 to the US dollar.

Maybe nobody wants to live in Quebec.
Title: Re: Crack Shack or Mansion
Post by: debk on April 20, 2010, 11:19:52 PM
Not sure why.  Their exchange rate isn't much different from ours... it's about .94 or .98 to the US dollar.

Maybe nobody wants to live in Quebec.


They have a weird way of doing business up there. Offers are accepted for x-number of days, then the seller looks at them and decides which one to work with. From the shows that I've watched, it seems to often result in a bidding war, often with the sales price being considerably higher than the asking price.

The shows convert the cost to US dollars, but $400-500,000 for first time buyers is just incredible.

One of Runnin' Buddy's neighbors - both husband and wife - work for HGTV. I asked the husband how come they only show high priced houses on those shows and he said that those are the one's that appeal to viewers. People aren't interested in just average priced houses in Podunk, USA. They want to see Atlanta, Chicago, Seattle, Boston, Montreal, Vancouver, etc.
Title: Re: Crack Shack or Mansion
Post by: Chris on April 20, 2010, 11:22:01 PM
I hate seeing the high-priced houses.  Why would I look at a house that costs four times what I can afford? :(

It doesn't help that a 2000-square foot townhouse in Baltimore costs half a million dollars.  Really.  I have better things to do with my money.
Title: Re: Crack Shack or Mansion
Post by: NHSparky on April 21, 2010, 06:52:12 AM
I hate seeing the high-priced houses.  Why would I look at a house that costs four times what I can afford? :(

It doesn't help that a 2000-square foot townhouse in Baltimore costs half a million dollars.  Really.  I have better things to do with my money.

Crackmore?  Great.  Then again, my liberal HS friend who lives in DC was talking about her neighbor selling his townhome in DC.  1300 sq. ft., 100 year old building (albeit renovated), 2 BR, 1 BA, $525K, plus HOA fees of something like $500/mo.

Screw that.
Title: Re: Crack Shack or Mansion
Post by: Chris_ on April 21, 2010, 12:49:36 PM
Crackmore?  Great.  Then again, my liberal HS friend who lives in DC was talking about her neighbor selling his townhome in DC.  1300 sq. ft., 100 year old building (albeit renovated), 2 BR, 1 BA, $525K, plus HOA fees of something like $500/mo.

Screw that.

My youngest son and his bride live in one of those, only it cost $650k......

I agree.....not worth it........

doc
Title: Re: Crack Shack or Mansion
Post by: IassaFTots on April 21, 2010, 12:57:06 PM
My youngest son and his bride live in one of those, only it cost $650k......

I agree.....not worth it........

doc

I considered moving up to NOVA, or even Richmond to be closer to my Dad, over 10 years ago, as he was terminally ill.  Oh hell no.  I couldn't even afford the rent! 
Title: Re: Crack Shack or Mansion
Post by: Mike220 on April 21, 2010, 01:01:29 PM
We aim to discover what 1 million dollars will buy you in Vancouver, Canada, and whether your mansion will be distinguishable from a crach shack.

http://www.crackshackormansion.com/

Guess I'll be buying a condo. Those are only around half a million.
Title: Re: Crack Shack or Mansion
Post by: NHSparky on April 21, 2010, 07:19:38 PM
Nope--do what I do...live in the sticks.  Plenty of land, and far enough away from the main roads so that when the shit hits the fan, few if any people will be coming my way looking for zombie handouts.

Portsmouth, OTOH...poor dumb bastards.
Title: Re: Crack Shack or Mansion
Post by: The Village Idiot on April 21, 2010, 07:34:56 PM

The shows convert the cost to US dollars, but $400-500,000 for first time buyers is just incredible.
 

The Canadian dollar is worth more now, isn't it?
Title: Re: Crack Shack or Mansion
Post by: Chris on April 21, 2010, 07:57:55 PM
Not really.  The current exchange rate is about equal, give or take a few pennies.
Title: Re: Crack Shack or Mansion
Post by: thundley4 on April 21, 2010, 08:12:59 PM
Not really.  The current exchange rate is about equal, give or take a few pennies.
I'm waiting for the Zimbabwe dollar to catch up to the US dollar.
Title: Re: Crack Shack or Mansion
Post by: Chris on April 21, 2010, 08:40:29 PM
Keep waiting.
Title: Re: Crack Shack or Mansion
Post by: Hawkgirl on April 22, 2010, 05:06:42 PM
Nope--do what I do...live in the sticks. 

There arent' enough [well paying] jobs in the sticks....
Title: Re: Crack Shack or Mansion
Post by: NHSparky on April 22, 2010, 11:06:51 PM
There arent' enough [well paying] jobs in the sticks....


You'd be surprised.  Well, not ALL of us have to commute to Boston, anyway.
Title: Re: Crack Shack or Mansion
Post by: littlelamb on April 23, 2010, 09:22:11 AM
I could not afford to live in those expensive places