It was pretty sad because if my partner and I kept our full time jobs indefinitely – one at 55000, the other at 68000 we could almost realistically afford the mortgage and have no hope of responsibly having a family.

I got to see first hand the tension and frenzy at one house that was “under priced” (on a busy road, with an undersized lot and what looked like 7′ ceilings) and asked another realtor about how much people were typically over bidding at the Burnaby border (20000-50000!)

The most daunting feeling I left with today is that each and every house was either old, run down, poorly built, or a combination of the above and we could not afford it (responsibly).

That said at every single house we visited there were at least 2 other couples / families…

Hey pjwlk, ahh what a scolding daddy! If my ranting didnt impart it, i take full responsibility for my mistake, 1000 pardons if I have offended the mighty bears…

As I said, I saw my house as an investment which is the dumbest mistake a person can make -then, because I saw the house as an investment, I acted out of fear and greed when i sold it.(the second dumbest mistake a person can make)

So, I alone have knocked myself out of the ability to ever own again in Vancouver because, like Vancouver rocks has said, there are cultural factors here in play that do not exist in the rest of the country. ( and I am not fortunate enough to be of a collectivist culture that is far more financially astute that I will ever be.)

meow….

You lost $300k because you acted without thinking. Now you’re posting unfounded assertions and insults in the same manner… It’s time to accept responsibility for your own actions…

Ha ha! nice try. Gotta luv the internet. :0