I read that Victoria report last year and, just five minutes ago, downloaded it again before seeing it posted here. What a coinkidink ANOTHER QUESTION: What kind of appreciation difference will there be for a not yet completed condo at 440 compared with an already completed property at 650. Is...

Thank you both, for your replies. You are both right I think. More research needed, but this is not the kind of bubble that will burst. There's few areas to build and many factors pushing prices up. They level off, but rarely go down. Best to get in now. I think this condo is risky in that it...

Hello All, The Victoria market is insane right now. Houses with suites go in a day at 100K over asking. Nice condos in James Bay go at 100K over asking too. How do you make money in this market? I recently moved here and have a small salary so only qualify for a condo up to 440. I bought one...

Forgot to answer, but today I learned that I should qualify for a 500K property. So that would be the limit. I'm thinking a nice condo with a room and bathroom to rent to a student is doable.

Hi Thomas, thanks for the tips. I'll consider each one at a time. A) I'm working on that, with a small business to grow on the side, and hoping that extra income can be of use in applying for a second property down the road. B)&D)&F) Problem is the market is practically empty of houses with...

Hi all, In moving from a cheaper housing market to Victoria and currently renting, I can only afford a 400K condo as primary residence, which I will buy in the next 2 months. So, how to get ahead from that baseline? Getting ahead from baseline for me/us means getting to a *nicer* condo or...

Hi all, In moving from a cheaper housing market to Victoria and currently renting, I can only afford a 400K condo as primary residence, which I will buy in the next 2 months. So, how to get ahead from that baseline? Getting ahead from baseline for me/us means getting to a *nicer* condo or...