Grateful Of Missing The Boat - "I am glad I didn’t line up early enough to grab a suite. If I had bought one, I would be spending sleepless nights."

Anon at vancouvercondo.info 18 Aug 2010 4:24pm – “I remember Patina (attached to downtown YMCA, still under construction) being marketed back in 2007. That was the pinnacle of the Vancouver boom. 1 bedroom suites with NO VIEW were asking for $500,000 and more. How do I know? I was stupid enough to line up overnight to buy. However, all 1 bedroom suites were sold out just before it was my turn to buy. I was gutted, thinking I missed out on the great investment opportunity. I was thinking of using up ALL my saving and stock for the deposit, which was around maybe 100k? Now boy am I glad I didn’t line up early enough to grab a suite. If I had bought one, I would be spending sleepless nights. I can’t begin to imagine having to face the prospect of being stuck with that large a mortgage for a shoebox.”