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Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by vskarine on Thursday March 24, 2016 @12:16AM (#11350535)
That's kind of insane. I wonder what the numbers are for San Francisco...
Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by msoad on Thursday March 24, 2016 @01:40AM (#11350805)
Appearently some real estate agents have targeted ads in Facebook for "Googlers in San Francisco". I clicked on an ad I saw the other day. This is the listing:

http://www.zillow.com/homes/for_sale/pmf,pf_pt/house,townhou...

I could never afford it with my Google income but the real estate people who put up the ad believe a Googler in SF should be able to afford it.

Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by eni on Thursday March 24, 2016 @02:03AM (#11350881)
$1,247,988 is the rough valuation. Their suggested EMI is around $6.8K/month. Would it be in reach for people getting $200K/yr? Are there enough Googlers getting that much?
Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by msoad on Thursday March 24, 2016 @02:12AM (#11350915)
I make $250k/yr but still can't afford that
Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by vkou on Thursday March 24, 2016 @02:27AM (#11350967)
Two married senior devs can easily afford that.

As for everybody else... Not so much.

Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by ndesaulniers on Thursday March 24, 2016 @03:21AM (#11351137)
Can't imagine too many of those...
Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by kelukelugames on Thursday March 24, 2016 @10:30AM (#11353060)
Can Facebook target on the condition that user and spouse both work at Google. Or AGI bracket?
Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by nshelly on Thursday March 24, 2016 @11:27AM (#11353553)
Also, it's a perfect example of the difficulty buying into this market. Check out the Tax History.

The owner -- possibly not even living there -- is only paying $1245 a year in property tax, or a rate of 0.06%.

If you buy and move in you'll be paying 25x that.

  YEAR	PROPERTY TAXES	CHANGE	TAX ASSESSMENT	CHANGE
  2015	$1,245	--	$52,629	+2.0%
  2014	$1,245	+44.8%	$51,599	+0.5%
  2013	$860	+14.0%	$51,367	+2.0%
Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by BlytheSchuma on Thursday March 24, 2016 @01:57AM (#11350856)
Holy shit! That looks a lot like the house from Disney Pixar's Inside Out.