Vancouver Represent
My hood is featured in the New York Times, check it out. Real estate has slowed considerably since last year due to the economic environment, but is still quite pricey. To get an idea of how expensive it is, prices are listed in the article for typical-sized dwellings. Most one bedroom condos around here are nicely designed boxes that feature a closet with enough room for a week's worth of clothes and a bedroom large enough to fit a queen size mattress, one dresser and nothing else. A dining room or rather a dining area is combined with the living room usually and closets are a rarity.
Prices on real estate have sky rocketed in the past five or ten years, until recently, because of the city's appeal and also the 2010 Olympics. A lot of real estate were purchased by second home buyers, which helped drive up the prices. Apparently quite a number of these buyers are Americans. Who knew. But will the anticipation of the Olympics next year bring the market back to what it was? I guess we'll have to wait and see.
Prices on real estate have sky rocketed in the past five or ten years, until recently, because of the city's appeal and also the 2010 Olympics. A lot of real estate were purchased by second home buyers, which helped drive up the prices. Apparently quite a number of these buyers are Americans. Who knew. But will the anticipation of the Olympics next year bring the market back to what it was? I guess we'll have to wait and see.
