Economy 52,844 Posted July 31, 2016 Author Share Posted July 31, 2016 3 hours ago, calmar said: Well it depends on how hard they fall. And how many Americans you can sucker into moving to like, Nunavut or something, to boost that economy while simultaneously not putting strain on Vancouver and Toronto (mainly). Nunavut has virtually no impact in the Canadian economy as a whole, its too small. But i get what ur saying. But This heated market includes all the metro cities around Vancouver and Toronto as well. Basically the two largest markets that make up like 50% of total realestate value it includes my area cuz i live near Toronto I wanna buy a house. I have $49,000 for downpayment and I make $52,000 a year. So I cant afford one and live with my parents for now Link to post Share on other sites More sharing options...
Economy 52,844 Posted July 31, 2016 Author Share Posted July 31, 2016 18 minutes ago, Whispering said: In my area of the US, 500,000 would get you a 4000 to 5000 square foot new home in a nice area, with all the latest high end finishes, on an acre (if you wanted it). In some areas here u can get a lot for $500,000 too but it has to be in the country or small cities Also the Canadian Dollar has fallen. $500,000 in USD is more like $400,000 now Link to post Share on other sites More sharing options...
JGD 12,098 Posted July 31, 2016 Share Posted July 31, 2016 20 minutes ago, Whispering said: In my area of the US, 500,000 would get you a 4000 to 5000 square foot new home in a nice area, with all the latest high end finishes, on an acre (if you wanted it). That's amazing! 500k in my city gets you between 1.3k-2k, depending on the area. Then again, I live in San Diego so homes are really expensive. Link to post Share on other sites More sharing options...
Economy 52,844 Posted July 31, 2016 Author Share Posted July 31, 2016 7 minutes ago, JGD said: That's amazing! 500k in my city gets you between 1.3k-2k, depending on the area. Then again, I live in San Diego so homes are really expensive. Lol my grandparents house in Toronto is worth $1.1 Million and its only 2k ish. In USA thats about $850,000 In Toronto $500,000 will get u a small dump full of mold unless its in the outskirts, it can be slightly less inhospitable im praying for a crash so i can finally buy a house Link to post Share on other sites More sharing options...
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