Least Affordable U.S. Real Estate Markets

[purelife]

49er wrote:
SD,

Find a rich wife LOL and I need to find a sugar daddy.
 

[Sportsdude]

 49er wrote:
SD,
Find a rich wife

LOL!!!



 

[purelife]

I think 49er meant it.  

[Sportsdude]

really. Love or Money I take love.  

[49er]

if you are not going to sacrifice and strife but to blame the world for the ills then whats better than the shortcut to owning property than by marrying rich    

[Sportsdude]

who said I'm not going to sacrifice to get somewhere. You have to, that's life.  

[49er]

just that you sound defeated before you start

[Sportsdude]

There is no word called defeat in my dictionary.
Its just me working on a little social activism that's all.
 

[purelife]

Sportsdude wrote:
The only solution is co-ops.    
[hr style="width: 100%; height: 2px;"]I wish that it were that simple.  Coops are expensive too.  Shares tend to start at $1500 and could go upwards of $6000.  I don't know how many hours of work you have to put into the coop but it can be difficult when you're out there working all the time.  Plus, there's a looooooong waiting list.  It could take years until someone gets approved.  
 

[P.C.]

If co-ops are the answer, I'd have to ask...What is the question.  Do you want to live in a glorified appartement where you get to pay for doing work that normally a landlord would do?

  It wouldn't be any kind of a solution for me.

[49er]

actually its now common to have tenancy-in-common ownership

[Sportsdude]

I meant more co-ops. South False Creek in the 70's they built these cool Co-ops under the federal housing plan from the 70's and 80's. Then the Liberals (federal) cancelled the program and Canada hasn't had a housing plan since, they said 'leave it up to the provinces'. So housing is under provincial control now and the B.C Liberals don't have a plan there idea of housing is high rise condos.

(read this all in my vancouver urban planning book from UBC)
 

[Sportsdude]

 Pacific Heights Cooperative start at
2,3 bdrm units units at $859 - $1047 per month

[a href="vny!://www.chf.bc.ca/pages/directory-coop.asp?CoopID=163"]vny!://www.chf.bc.ca/pages/directory-coop.asp?CoopID=163[/a]

Here's the complete list:

[a href="vny!://www.chf.bc.ca/pages/directory.asp"]vny!://www.chf.bc.ca/pages/directory.asp[/a]

   

[Observer]

Co-ops don't work. Waste of time and money!

[purelife]

Observer wrote:
Co-ops don't work. Waste of time and money!  

 Agreed!  The shares are damn expensive.  Who would put thousands of dollars away to a coop with little return?  AND you have to spend so many hours attending meetings, voting, and cleaning!!!  Yea, rent may be cheap but look at what you have to do for the rent!  Who has the money to put down for shares anyways?  

 So, this is definitely not a solution for me, either.