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A comment on Chinese Buy One-Third of Vancouver Homes: National Bank Estimate. Parent comment

Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by gmarx on Thursday March 24, 2016 @11:08AM (#11353357)
Renting and buying prices are equivalent in the Bay area? Not in Palo Alto or the few surrounding cities.
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Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by pfarnsworth on Thursday March 24, 2016 @12:18PM (#11354047)
10 years ago or more, the rent prices were much lower than the price to buy a place so it made sense.

Now, it doesn't matter which you do, either buy or rent. They are both wrong, because both are sky-high.

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Re:Chinese Buy One-Third of Vancouver Homes: National Bank E... by illicium on Thursday March 24, 2016 @02:38PM (#11355211)
When the Bay Area housing bubble collapses in the future, renting will get cheaper, and your mortgage will stay the same.
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