So what's a beater house in Lynn valley going for now? 1.8mil?
Poor babies!!
2016 BC Property Assessment
It's possible to defer your taxes and I believe lots a people in Vangroovy do it. You pay a small amount of interest and you got to pay the money back when you sell. I met a couple of skiers /climbers who live very simply in tear down houses on 3million dollar lots who defer taxes
It's possible to defer your taxes and I believe lots a people in Vangroovy do it. You pay a small amount of interest and you got to pay the money back when you sell. I met a couple of skiers /climbers who live very simply in tear down houses on 3million dollar lots who defer taxes
Not everyone qualifies for the tax deferment program. 55+ or families with children do qualify, others do not.
old people and people with kids are a lot of people ^^ 37 million in deffered taxes OR just move away
a recent expatriate North Vaner was able to sell his house to pay cash for a house AND ski cabin
I wonder how much longer it will be before people cash out and there is a max exodus from Vancouver?
I don't think its all that massive but I do meet young people with portable jobs who leave the lower mainland, a guy working for a big computer company buys a bunch of lakefront with a big house and he only spent half of what he could pay for a dump in Northvan or the rocket scientist with an LT …
If it weren't for the fact that changing jobs/careers can be a major PITA, I think a lot more would be leaving than already have.
I'm up 33%. I know because bricks of $100 bills suddenly came dropping down my chimney. Gonna register for a deferment … interest charged by the Provincial government is 1/3 X Prime.
If it weren't for the fact that changing jobs/careers can be a major PITA, I think a lot more would be leaving than already have.
Our youngest is finishing up HS and once she,s done her 1st year of post secondary school we are pulling out of the Fraser Valley .
#northsidetrailbuilders
were are you finding this info ?
I'm up 33%. I know because bricks of $100 bills suddenly came dropping down my chimney. Gonna register for a deferment … interest charged by the Provincial government is 1/3 X Prime.
exactly
Our condo is up 21%. Assessed value is now double what I bought it for 12 years ago, but I doubt it would sell for more than 80-85% of that if put on the market today. I'd have to dig through my files to be sure, but this increase is probably more than the last 5-6 years combined.
Our condo is up 21%. Assessed value is now double what I bought it for 12 years ago, but I doubt it would sell for more than 80-85% of that if put on the market today.
the assessment site also lets you see recent sale prices on any address in your area. that's a first I've been able to dig that up online.
it's happening now. 2 neighbours within a few blocks are new here from the LM in the last yr. Kamloops and the Okanagan is the same way. mass exodus it ain't but a slow trickle that will only steadily increase as people seek quality of life and affordability.
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