It's safe to say that Alberta's real estate market has shifted from absurd into grotesque.
Exhibit A is this: a 2-bedroom condo, that is the carbon copy of a rental unit that I lived in for three years before I bought my house. Crummy appliances, dirty carpets, and those marks on the walls must come standard. Asking price: $263,900.
Exhibit A is this: a 2-bedroom condo, that is the carbon copy of a rental unit that I lived in for three years before I bought my house. Crummy appliances, dirty carpets, and those marks on the walls must come standard. Asking price: $263,900.
For fun, I played with the mortgage calculator. With no down payment (of course), it would be $1603 a month. For reference sake, I was paying $750 a month in rent three years ago.
I thought that nothing could shock me anymore.
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1 comment:
Y'know, between wacky housing costs - we're just getting revved up here in Flatland, but it's starting to happen here, too - and gouging gasoline prices, some businesses are starting to act like it might be the end of the world (as we know it). D'you think they know something I don't know?
I know that the wacky weather is making me nervous. Should you be nervous? Wellllll.....
I have been reading up on this lately and the short answer is - yes(?).
Sorry.
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