This ‘group anecdote’ from Lisa MacIntosh, an Eastside realtor, quoted in The Province, May 11, 2008 -
Lisa MacIntosh, a realtor specializing in first-time buyers on the east side, says her clients fall into two categories. One is the single buyer — often female — in their 30s purchasing a condo in those three-storey walk-ups from the 1970s. MacIntosh’s other buyer is the young professional couple in their 30s with one, possibly two kids, looking to buy a detached house for between $600,000 and $800,000. Like their west-side counterparts, they are “trust-fund kids” who have received help from boomer parents. Some got in the condo market a few years ago and made a healthy profit. “It is definitely a stretch,” says MacIntosh. “Most of them, 90 per cent of the time, there’s a need for a basement suite to help cover the mortgage costs.“
