Who /parents rich house/ here?
House just appraised at $1 million. Cottage at $400,000. Grandma and grandpa have a house and cottage too. All that shit will be mine someday, sweet ass Canadian real estate.
>inb4 downtown hipsters whine because they cant afford a house with their bartending job
> buying land
> 2016
I'm not buying land, my family already owns lots of it. And it will be mine.
That being said:
>thinking land will get cheaper
>biding your time
>huge cottage in muskoka
>parents big ass vacation home in SSM
>parents condo downtown toronto on church and front worth 2.3 mil
>big place in london off richmond downtown 4 bedrooms and only I live there for grad school
Feels DAMN good user. Fuck those lazy hipsters, good for nothing but laughing at outside the window of my r8.
>inb4 they donate it to house refugees
>tfw 200+ acres of farm land
My parents are worth about all you people have stated so far combined.
I dunno, man. I think it's impeded me to be honest. I've never felt the drive to build the shit on my own despite, I think, having the ability.
Really depends where senpai
ITT: People who don't understand that we are slowly being conquered and colonized by China.
Interest rates. Not Chinese.
>$1 million
>in canada
So you live in a 1 bedroom shack with your parents? Also
>lying on the internet
Kys
How did you even get a mortgage? My uncle is a bank executive managing the mortgage lending aspect for an entire region, and they're not allowed to give mortgages over 1 million anymore because they expect housing prices to crash within he next 2 years.
Idiot, you bought the peak.
House prices always correct over time.
Sell now while you still can.
>not realizing that we are sucking all the money out of China
>not realizing that rich Chinese girls come here on daddy's money to get fucked by a handsome Canadian with good hair
Do you even university?
That's not the main issue here.
The main issue is house and property prices ALWAYS correct over time. It's always happened, and it's predicted to happen within the next few years.
see
Too bad you're a little summerbitch "boasting" on Sup Forums of all places.
Sage and delete this shit thread
Pretty much, why don't plebs get the simple concept of mean reversion?
Your parents will sell off their properties one by one and downsize in order to finance their fat lives as they are probably in debt up to the tits like most Canadians.
>1 bedroom shack
4 bedroom, 2 car garage was bought in 2003 for $250,000. Worth over $1 million today, easily.
>lying
I'm totally lying about my normal, statistically average situation.
>All that shit will be mine someday, sweet ass Canadian real estate.
But how much is Canadian money worth though?
>hi guys, my parents have money that will be mine in the next 10-20 years or if my parents and grandparents die tomorrow at the same time.
fucking faggots.
We bought our house for $300,000 and now it's worth over $1,100,000. If your parents didn't buy land you're fucked.
I'm never leaving this house. 6 bedrooms, 5 bathrooms and 2 living rooms.
You're a fucking idiot. Try living in Vancouver or Toronto and maybe pick up on the subject of geopolitics. Also, maybe do some research about the Immigrant investor program.
Good luck paying that property tax with your NEETbux.
You're an idiot. Enjoy serving your new Chinese overlords you serf.
can mods delete this thread already for not being politically related
>tfw 2 bedroom 1 bath costs 1 milli here
No it doesn't.
I have arable land for cattle and crops.
I rent in Vancouver for $2300/mth.
Sister owns a point grey house worth $6 million due to chineezs speculators. Friend of mine bought lakefront property around 2002 for $80k, build a cabin on it, sold it for $2 million to some Swiss fags.
>LMAO FUCK ALL THOSE LAZY MILLENIALS MAN xD
>I have accumulated next to nothing and am currently relying on inheriting wealth to build my net worth, as opposed to building the bulk of it myself
You're all as bad as the rest
I may inherit an overpriced piece of real estate myself, but I'm going to build my OWN fortune, which is what all of you should be aspiring to do. If you don't, you're as bad as the laziest hipster or most entitled rich-kid with a trust fund.
>tfw landowner in navy town
>two new ships just came in
>tons of sailors out renting/buying
>local property market going crazy
I fucking love it. In about 6 months I'm going to rent out my place for twice my mortgage payment.
>live in Toronto (Lawrence park)
>value is worth roughly 7 million
>5 beds, 6 bathrooms, 5000 sqft
>feels good man
>value is worth
I hope you're a chink, senpai.
naw, im Indian.
Gross
Get out of my country you shit skin.
>Buy apartment in West Vancouver nearly 10 years ago for $200,000
>Sold it a few months ago for TEN TIMES what it was worth when I bought it
I will be retiring quite early at this point.
Girlfriend dad is planning on building a suite above his detached garage, it'd be 1100 Sq feet, while we save up for a house that he will also help pay for.
My mother is a recovering alcoholic, and my dad isn't helpful.
Stay mad cause im dating a white blonde cutie and u can't do anything about it.
Mate, if she's willing to pick your shit up off the driveway then she didn't have much to offer to begin with
>Live in Hongcouver
>tfw my parents were both lazy, partying Gen Xrs
>never bought a cheap house/condo when they could have with a few years of saving
>Fast forward 15-20 years later
>father is now homeless, poor, unemployed and insane
>mother is mentally unstable, poor, and unemployed
JUST
What about you, user? Have you risen above your humble beginnings?
High property appraisals are bad. Most people (I.E., adults) try to get their appraisals as low as possible. Because they pay taxes and aren't faggots like OP.
>2019
>Weedman gets reelected
>as a first act, he takes all the expensive properties from the bourgeois
>gives it to refugees
poo
>Be in Toronto
>Tiny, and one of the new series of shitty, done-fast, hilariously-falling-apart apartments.
>$1 gajillion monopoly dollars
Are you kidding me?
Is this a clever ruse?
Why can't decently-sized houses that are not breaking down be available for most people?
Why can't we have good things?
What's the point of higher pay if you live like shit?
I have succeeded financially and career wise, yes.
Standard middle salary man now.
The government should enact some sort of law to prevent the Chinese from investing in our real estate
>Gen X hippies
>Pseudoscience
>Stupid career choices
>New Age Medicine
>Stagnation
>Crime
Literally the worst generation.
speaking of canadian real estate, what's a good price for a 4 bedroom house in downtown ottawa?
Canadian real estate exists for foreign speculators, not Canadian citizens. Silly goy.
>dating a white blonde cutie and u can't do anything about it.
I order 20 desi cum sluts a weekend your point?
You'll end up inheriting it after the bubble pops.
>AYO UFCKING RACIST? THIS SUBJECT ENDS NOW, NOBODY SPEAK ABOUT THIS.
My own wording, but that was more or less the reason an r/Canada mod was deleting tons of posts off a thread on rising house prices, and the issue of them going to investment firms, rather than people.
Why is it that cucks must strive to assume positions of authority (no matter how petty)? Is it like a compensation thing?
At least 2 camels and 5 goats. Try for a virgin daughter.
I have no idea what you're talking about
how the fuck are you cunts meant to do that with your OUTRAGEOUS housing prices (Scotland is remote and 20 years behind England, so housing is not too bad here)
Just that (some) people (i.e. cucks) think the fact that the source of increasing house prices comes from China means that anyone wanting something done about it has racist tendencies.
>rent with roommates
>bank everything you can
>wait for collapse and make a killing off people who overextended
This shit ain't sustainable. Anyone with a brain should see that. There's money to be made for the patient man.
> livie with my parents in Vancouver
> pour $4000/month into savings working a professional career
I can't wait for the bubble to burst.
Only danger is if I cuck myself by buying as soon as the market drops and then lose my job the next month.
Likely be a double dip, mate.
If you were to lose your job, you could rent some rooms to keep yourself afloat, I expect.
parents house $1.5mil and parents ~1.7mil net worth. house double story next to the beach in straya
>tfw only have 1 camel and 4 goats
>all that shit will be mine
yeah because they don't live their own lives and have their own plans right? Everything is about you? Spoil beta detected lol