MSN04

again, i don't think it's a tight budget... first of all, i dont think 60K is a lot of money  ...
大C姐 發表於 2010-9-28 14:29

$1700 is not really spare money... that is only money after housing.  There are also other basic needs.  Food, medical, phone bills...
On to the comfortable level, even buying an iphone will cost 800 bucks LOL.  Starbuck is like $5 everytime.  Dine out once a while.  Drive a reasonably car.  Computer... TV... cable... internet.  These things are considered to be essential in a comfortable lifestyle? agree?

Getting a roommate is not possible for a 500sf box, unless u want to head to some other direction.

I agree that people should be able to live with a budget, but is the budget of $1700 after housing on a comfortable level that provides a comfortable lifestyle??

大C姐

Fibbi: For a 700k house, Can your couple handle a 2% rate increase? ($800/mo).  During the 80's Mort ...
Look4chrisng 發表於 2010-9-28 14:34

    if you have 700K, you don't have to buy in East Van, you can buy in Burnaby or Coquitlam, in better residential neighbourhoods.

otherwise you can easily afford a condo.

again, your example of interest rate is just one of the things people have to consider before buying a place, it's not about how expensive the properties are.

MSN04

Perhaps you have very high expectation jeh...



but i won't live in east vancouver either... ...
大C姐 發表於 2010-9-28 14:31

I just think that people who make higher than the average would have higher expectation...

fibbi

回復 67# MSN04


    I don't actually see it as "sad". A 30-40 yrs old with regular maintanance house is still in great condition. It all comes down to personal choice: for same price would u rather own a newer condo (less space) or an older house (larger space).

If one loses job, at least can live on EI for a few month. It may not be good enough but at least can still get some cash. Is the economy that bad for job hunting now? I am not sure, but I think the toughest time has passed. But if people worry about too much for able to pay mortgage or not, I guess that means you are not ready to purchase a property, just rent instead lor....less utility to worry about and no property tax to pay.

Btw, my coworker is single, and he always prepare lunch. In my workplace actually not many people go out for lunch everyday. When I was single, I just cook a bit more dinner and have those left over as lunch.

For dental and medical, most company has some sort of extended health care plan. May not cover 100% but a portion. Even w/o subsidy, for dental check up (just major routine) it's about $60. I don't think it's that unaffordable la.

Look4chrisng

nope, my friend just bought one for $465K on Richards street (built in 2005 i think), aroud 8 ...
大C姐 發表於 2010-9-28 14:37

    Have you tried to run for office?  Gordon really needs someone for push for HST in the next 12 months.  You be good for the job.  I am not kidding.  Your reasoning is much better than our Ministry of Finance and all of his staff.

you are good.

大C姐

$1700 is not really spare money... that is only money after housing.  There are also other basic n ...
MSN04 發表於 2010-9-28 14:42

    i said you can choose to buy elsewhere (in new west or surrey) for more space and perhaps even get a roommate... not in a 500SF studio of course!

I think iphone is quite extravagant and unncessary.. that's practically one of the MOST expensive phones in the market (i dont' think Vancouver sells Vertu yet). i think a starbucks here and there and dining out can fit into the $1700 budget (perhaps not everyday) but then again, some people are very comfortable with taking transit... so i guess your comfort level is a bit higher than some.

fibbi

回復 78# Look4chrisng

700K in East Van is NOT a ghetto house. My coworker lived there and so as my in-law.
You can certainly find some decent property.

MSN04

nope, my friend just bought one for $465K on Richards street (built in 2005 i think), aroud 8 ...
大C姐 發表於 2010-9-28 14:37

you friend just bought when the market starts to soften? wow....
I know there a quite a lot to choose in downtown now, but i wouldn't buy now.

MSN04

you have to live on a "tight" budget no matter what you do with $60K... -_-"
大C姐 發表於 2010-9-28 14:38

You are confusing me... so u think 60k is gonna yield  a comfortable budget or tight budget?

Look4chrisng

回復 87# fibbi


   http://www.mls.ca/propertyDetail ... mp;PidKey=110694619

Do this look ghetto to you?