“There are no homes in Vancouver for that price. No one seemed to get the irony of a realtor telling people there was nothing west of Sardis that a couple making $100K can afford.”

MarKoz e-mailed VREAA the following, 24 Mar 2010. Thanks, MarKoz.-

“The attached flyer was pushed through my mail slot today.  At first glance it is just a flyer soliciting listings.  At the bottom of the page is a handy guide to give prospective buyers an idea of how much house they can afford based on income.  Apparently a family with a gross income of $100,000 can afford a $348,000 “home” if they have 10% down.  Seems reasonable to me. The only problem is that there are no homes in Vancouver for that price (OK, maybe a few bachelor suites).  I showed it to co-workers and they all agreed she was way behind the times in terms of what people could really afford. No one seemed to get the irony of a realtor telling people there was nothing west of Sardis that a couple making $100K can afford.”

3 responses to ““There are no homes in Vancouver for that price. No one seemed to get the irony of a realtor telling people there was nothing west of Sardis that a couple making $100K can afford.”

  1. Based on her hair I hope she just hasn’t updated this in the last 20 years …

  2. I don’t like how she misquoted Whittemore so that it sounds like the quote refers to your home. using “door” instead of “doors”

  3. “she was way behind the times in terms of what people could really afford”

    Duh, look at this ad. It looks like it should be posted in a saloon circa 1842.

    Weird that she follows the old (but still valid) 3.5x income rule. Its amazing more people dont see the madness when someone making 100K cant afford a typical condo in vancouver without these crazy low interest rates.

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