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On November 02 2011 23:33 Kralic wrote:Wow that is a nice house for that price. I wish I lived in some parts of the US for that reason, houses here are way to over priced for what the average person makes. + Show Spoiler + Your mortgage payments are cheaper than my rent for a 1 bedroom basement suite.
Yeah it's quite a joke now, houses are completely unaffordable in Vancouver. A house which we were going to buy about 8~ years ago for $650k is now worth over 2.5million [by UBC] lol
Townhouse that we had 8 years ago went up from $150k to $450k as well in Coquitlam TT
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On November 03 2011 03:39 Legend` wrote:Show nested quote +On November 02 2011 23:33 Kralic wrote:Wow that is a nice house for that price. I wish I lived in some parts of the US for that reason, houses here are way to over priced for what the average person makes. + Show Spoiler + Your mortgage payments are cheaper than my rent for a 1 bedroom basement suite. Yeah it's quite a joke now, houses are completely unaffordable in Vancouver. A house which we were going to buy about 8~ years ago for $650k is now worth over 2.5million [by UBC] lol Townhouse that we had 8 years ago went up from $150k to $450k as well in Coquitlam TT
I'm guessing everyone rents?
Right now in Jacksonville, rent for a house my size would run about $900-1100...far more than my mortgage payments. The things is, not many people have the disposable income or credit to do things like buying houses.
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On November 03 2011 03:39 Legend` wrote:Show nested quote +On November 02 2011 23:33 Kralic wrote:Wow that is a nice house for that price. I wish I lived in some parts of the US for that reason, houses here are way to over priced for what the average person makes. + Show Spoiler + Your mortgage payments are cheaper than my rent for a 1 bedroom basement suite. Yeah it's quite a joke now, houses are completely unaffordable in Vancouver. A house which we were going to buy about 8~ years ago for $650k is now worth over 2.5million [by UBC] lol Townhouse that we had 8 years ago went up from $150k to $450k as well in Coquitlam TT
Yeah, for real. I'm looking for a place in Vancouver right now, and it didn't take long to decide against buying. 
Gratz on the first house! I think all us renters are a little (lot) jealous.
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65k????!!!! are you serious?!
Is it in a ghetto or something?
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My rent is 3 times your monthly mortgage, and the space is 1/3 of that... Hooray NYC!
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United States24812 Posts
Man, whenever I see a blog like this (someone bought a house) I get jealous :p
I'd like to have a house although I must admit taking care of it is still a bit daunting for me.
The thing that bothers me is I don't really know how to determine when you will be able to get your own house. It depends on where you live, your financial situation, etc. I don't know if I'll be ready in 18 months... or maybe not for 10 years...
Congrats and good luck.
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Looks very nice. And amazingly cheap too. Your investment journey looks to be starting on the right foot.
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Man, why is California so fucking expensive zzzzzzzzzzz I'm spending 700 a month to rent a room.
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Maybe I should move to Jacksonville...
Unless your in the hood you really found yourself a hell of a deal.
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Norway28925 Posts
On November 02 2011 23:25 Aphasie wrote:
What? How? You spent 65k on a 1300 sq. ft. house? Things like this blow my mind.
I bought my first apartment (relatively) central in Oslo, Norway this winter at the nifty price of 227k and it has only 350 sq. ft. Its considered a cheap appartment (moderate standard / proximity to city center) here in Oslo. Sometimes the differences across the pond amaze me. (Even though i assume apartments are cheap cuz of the crash/slump in the american economy).
haha yeah, I bought an apartment 1 1/2 years ago in trondheim.. paid something like $370k for 650 sq ft. I mean, location matters a lot and you can find equally sized apartments for considerably less if you live in the outskirts of the city but 65k for 1300sqft, even with adjustments for norwegian vs american wages, sounds like an absolutely great deal.
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This is why I love Jacksonville. Whereabouts do you live??? like outside in Orange Park or inside Jacksonville proper?
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Kind of the edge of Jacksonville and Orange park.
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EPT
