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sounds_sound  ·  3219 days ago  ·  link  ·    ·  parent  ·  post: Vancouver Real Estate Bubble Has Burst

That 5% is just an estimate. My own feeling is that it is much higher, say 25%.

The thing about a house like that is that it would have gone for $800K in 2010. Same for the house I live in now. My landlord bought it in 2010 for $800K and now it's at $1.7M. That's just gross.