“Vancouver, this sounds pretty stressful to us. We have decided to leave you and move to Texas where my salary would be double and our living expenses would be less than half.”

“Dear Vancouver,
Happy new year!
I’ve lived here most of my life, I’m 32, married now and about the right age to buy a home and start a family.
My wife and I have been saving up for a nice 2 bedroom apartment for several years. We’ve looked at the prices and it seems too risky in terms of ending up “house poor”. We’ve been waiting and waiting for anything to change in Vancouver, but nothing has happened!
At the current state of things, after doing some calculations we envisioned a situation where we would be both forced to work (dual income) and drop our future children into daycare in order to make ends meet. Most likely we will make the payments just fine but without any retirement savings no extras for vacation, etc. Vancouver, this sounds pretty stressful to us.
So after much deliberation, we decided to leave you and move to Texas where my salary would be double and our living expenses would be less than half.
In Texas we would be able to afford a large home and still save plenty for vacation/retirement/etc and this is on only one income!!
My commute is only a 5 minute drive, the people are so friendly, it feels like the same level of friendliness as being at church everywhere I go.
The weather is great, I don’t see any junkies, at worst there is a homeless person with a sign by the highway asking for change.
I thank you Vancouver for your past accomplishments, your scenery, your skytrain lines and abundance of sushi restaurants.
Unfortunately at this time I will not be needing your services and wish you farewell.
Sincerely,
A former Vancouver resident (for more than 28 years!)”

– from formervancouverresident at vancouvercondo.info 1 Jan 2012 10:22am

18 responses to ““Vancouver, this sounds pretty stressful to us. We have decided to leave you and move to Texas where my salary would be double and our living expenses would be less than half.”

  1. Royce McCutcheon

    @formervancouverresident
    GET OUT OF MY HEAD!!!

  2. Gee, put it like that and maybe this isn’t the Best Place On Earth after all. Especially the friendly people part, forgot what that was like a LONG time ago here in the BPOE. Hey former Vancouver resident, are you guys hiring?

  3. i don’t know about Texas, given their obsession about guns and xenophobia (eg. illegal Mexican immigrants), as a non, red blooded, white guy, I would be hestitant to move there.

    • There is significant variance across the state. It is possible to find enclaves of staunch liberality in most parts of the US, I’d say in many ways more extreme than is the case in Canada.

    • if you go looking for that, i’m sure you’ll find some but it’s not what you think – perspective probably derived from cdn msm feed. i’ve read more xenophobia (about ham) on this blog than i’ve encountered 15 yrs living in us.

    • Royce McCutcheon

      You should honestly take a look at Houston. Might change your perspective quite a bit.

      • I thought Texas was great for the first few months too. 10 years in Houston later, I’m still trying to find a way out (I started after the 1st year). Cheap living and bigger paychecks are addictive. Just make sure that you and your spouse have the same expectations.

      • and Austin.

      • It’s hard not to love Dallas, San Antonio, and Austin. Not that Houston doesn’t have a lot to offer as well. Sure makes Vancouver feel like a small town though.

    • As a person of east asian descent with plenty of family members living in and around the Houston area you should pull off your stereotype/bigot glasses and try visiting it once before you draw your conclusions. You’d be surprised at how much more diverse and tolerant Texas can be on multiple levels compared with the Great White North.

    • Space889 – Was in Austin last summer and saw as many South Asian and Asian students on campus at the University of Texas as I did Caucasian students. Texans ARE very friendly in my experience and yes, like chubster, I’ve encountered more xenophobia here than I did there.

      chubster is also in my opinion correct that the MSM here also sometimes paint a darker picture of the usa in general, in all areas, than is warranted.

      But DO beware of the giant flying cockroaches. Apparently Texans get used to them, but I found it hard.

      • Yes, my comment is 100% based on MSM and movies, as I have as most of you gather never been to Texas. Most people I met from US are very friendly. However, the racial thing in the south we keep hearing about, and all the anti-immigrant messages we hear in the news/GOP primaries, movies (eg. Machete), etc aren’t very helpful.
        Also the gun law is what worries me most there as I think you can carry concealed weapons in Texas? Or just even carry a gun around in plain sight?

      • Forgot about the flying cockroaches.

        In the south they call them waterbugs. Makes everybody feel better.

  4. More bubble talk on the MSM:

    Connect the housing bubble dots: There could be trouble on CMHC’s horizon

    the Canadian Mortgage and Housing Corp. (CMHC) has a realistic chance of putting the Canadian taxpayer at risk – unless meaningful changes are made.

    The key piece of background is that right now, a young couple can put down $20,000 to buy a $400,000 house, or five per cent of the purchase price. Their mortgage will be insured by CMHC (the Canadian government, also known as you and I) in exchange for a fee paid by the young couple.

    If that $400,000 house drops in value by 20 per cent, for example, which has happened before in Canada, it will be worth $320,000. But the couple will owe $380,000. Then the odds of them walking away from their house or defaulting on their mortgage become meaningful. Given that this young couple might be in the same position as 50,000 other young couples (about 3 per cent of the Canadian population) at roughly the same time, the odds of a surge in mortgage defaults is very real in Canada.

    A refreshing read for everyone…

    • I should have copied the conclusion of that article as well:

      When we connect the dots and look at the real risk, the time has come for the federal government to do the prudent thing and raise the minimum equity payment from 5 per cent to 10 per cent, and at least minimize the hit from the riskiest segment of mortgages insured by CMHC.

      We can’t say we didn’t know, when the dots were right in front of us.

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