You will own nothing
Mar 22, 2022
woke up to a lot of replies from people who are learning about the deranged vancouver real estate market for the first time. i should explain that this is what a $2M house looks like here: pic.twitter.com/ox7IknK3h1— Michelle Cyca (@michellecyca) March 18, 2022
I've been following the insane real estate market in Canada for many years but this still astonishes me: a 3-bedroom, 1(!)-bathroom house is approaching a $2.5 million asking price in Vancouver.
For context, the lifetime earnings of an average Canadian is under $2 million.