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sp1kermd6 karma

After years of waiting, my wife and I just bought a house this week (3br townhouse). It was $125k lower than it was listed at a month ago. We like the area and can (just) afford the house.

My question: Are we screwed? Did we pull the trigger too early?

sp1kermd2 karma

Vancouver. There was a complete freeze on homes being sold last month with the 15% foreign investor tax. This month, those people that really needed to sell are putting their homes up at a discount. Yes, the 1.7mil teardowns are still listed in weird neighbourhoods, but a few nice family homes are coming to within a more sane range.