- Joined
- Dec 16, 2008
- Messages
- 1,005
This is perhaps the most affordable, financially viable, real estate investment in the Vancouver area. Definitely not what the average person would expect, with all the hype over million dollar condos. Typically the rule is, the more expensive the property, the less of a return you should expect. Downtown Vancouver has been completely drowned in supply of over priced condos. There is no room left to grow in the market, only to shrink. Which makes Abbotsford a much more attractive locale. Especially considering the industry and future potential job growth and population growth. Prices may come down in the short term, but the $80K price tag leaves a lot of room for potential growth, unlike certain condos selling for $800K.