Posted March 19th, 2008 in Buying or Selling, Real Estate | 
Eternal Question
Buy or Rent? It’s an age old argument that each camp persists in maintaining. This tool, courtesy of the New York Times, may help put some visual perspective into the debate.
Defining Tool
Plug in some numbers and paint your Vancouver Real Estate picture.
New York Times – Should You Rent or Buy Calculator
Convinced?
I’m around.
Got a Vancouver Real Estate question? I’ll do my best to answer it. Call or send me an email.
Larry
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Search for your home here. It’s lot easier than other places I can’t mention and you can see the home via Google street view. . Use Walkability to determine the availability of those neighbourhood services most important to you. Don’t be shy, tell your friends who are looking to stop by and give it a whirl. They will love you even more. 
If you would like something more personal that is specific to your budget and needs, give me a shout. Let’s talk and I’ll set you up with a custom search delivered daily to your in box.
Of course, if you got some questions I’m around for that too.
Thinking of Buying or Selling your Vancouver home? Put on a cup of coffee and let’s talk.
*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.
I just used the Buy or Rent calculator. Yikes! If my home appreciation goes down to even plus four per cent at some point down the line, my numbers start looking pretty gloomy. It’s a good thing we’ve been going through booming times… but clearly, I may have to think about selling before the good times end.
When that might be, nobody really knows.
Johnaton,
I wouldn’t cut your wrists yet. There is still a lot of good news for us in BC. BTW Plus 4 isn’t a negative number. I’m not an ultra booster but , my simple take on this is if you sold and broke even after 20 years what did it really cost you to have a roof over your head? It’s 0 compared to the rent you would have paid.
Somewhere along the line we lost touch with a house or apartment being a home as opposed to an investment. Ah for the simple things.