Quote:
Originally Posted by Retail-Insider
One might want to investigate the taxes on those castles... they're not the bargains they appear to be.
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Taxes are sort of an irrelevant cost inasmuch you have to incur them regardless. I think the point is that with the same amount of money, you can allocate your purchase price and obtain all those Chateau castles. If taxes are a factor in the decision making, you can still walk away with a handful of these homes.
I personally don't understand the pricing justification for Vancouver's lofty real estate market. Vancouver is not a world class city; its scenery while beautiful is not unique; all its amenities, including hiking, skiing, going to the beach, and eating at swanky restaurants are not exclusive to the city. You can obtain the benefits of living in Vancouver, without living in the city.