fibbi

There are some older houses (30-40yrs old) in richmond still selling for 400-500K. And Around 2000 sq ft.
But with 100K annual income, probably about $5000/month to take home after tax.
I would feel comfortable if put $2500-$2800/month for mortgage. And of course...use up some saved RRSP for first time home buyer...then I think should be able to manage to get a house.
Is house price expensive? Yes...but it won't make me leaving Vancouver lor...
If move to US, medical expense could be huge. And Vancouver people generally are more friendly...
And most important for me, I can still enjoy very close HK living style here...lots of good Chinese food...