“I am in my late 30’s and, if I wanted to, I could retire today, all because my crack shack on the east side is now worth 5 times what I paid for it 11 years ago.”

“Yes, I could complain about house prices blowing off the roof in Vancouver, but then again I am late 30’s and if I wanted to I could retire today, all because my crack shack on the east side is now worth 5 times what I paid for it 11 years ago. So for that I thank the wave of investors. Cash out and move to costa rica? belize? panama? or how about naniamo? or just wait for the real estate bubble to burst then I can slave away till I am 70 to retire.”
paul s 17 May 2011 2:24am, in the comment section of the Vancouver Sun article: ‘Chinese Spreading Wealth Make Vancouver Homes Pricier Than NYC’.

3 responses to ““I am in my late 30’s and, if I wanted to, I could retire today, all because my crack shack on the east side is now worth 5 times what I paid for it 11 years ago.”

  1. I’d call this decision a “no-brainer” myself.

  2. Bird in hand. How many people now wish they sold Nortel at $60, let alone $100?

  3. Sell it now. Don’t hold out for the next 10%.

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