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Old 10-14-2010, 02:12 PM  
Elli
Reach for those stars!
 
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Join Date: Apr 2003
Location: Vancouver, BC
Posts: 17,991
We're looking into potentially the same kind of idea. Been watching the market in Maple Ridge and Chilliwack. You can get a nice little oldschool rancher for $180k, but they rent for about $1200. BUT you own dirt, which is in limited supply. So is there a math equation to weigh the benefit of owning land opposed to a unit in a strata?
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