Attitude to Vancouver Real Estate

Surely, many people are interested in what it feels like to live in another country, because there are completely different laws, mentality and nuances in living. We decided to tell you a little, and took Vancouver with its terms as an example.

What is the difference in attitude to real estate in Vancouver? The main goal of the Vancouver administration is to make this city the cleanest and greenest, and they planned to fulfill this condition until 2020. That is why the city lives off renewable energy sources, and also refuses fossil fuels and reduces waste production. In a plan, in a couple of years, to make sure that every local resident lives within walking distance from the green massif, so young trees are now planted in the city. By the way, an interesting fact, other states sometimes give trees to Vancouver. For example, the country of the rising sun – Japan gave the city sakura seedlings, now they bloom and adorn Vancouver.

Also, this city is comfortable enough for living – this is the result of a special approach to the organization of urban systems, for example, this applies to construction, public transport and its infrastructure. The transport there is at the highest level, it is quite convenient, it works on schedule and is very clean. You can seem on the most famous ground metro, which is fully automated and does not need to find a driver for work. Due to the fact that the population of the city is only about 650 people, there are no problems that exist in large cities.

It is quite safe and spacious here. The city administration takes care of the residents, this applies to a variety of small things, for example, there are bicycle and jogging tracks. Absolutely everything that is created for the townspeople is well thought out things – this applies to both functionality and appearance. It is interesting that in this city there are a huge number of people immigrating from different countries.

And now let’s move on to the most important thing – this is housing. The cost of houses in this city is in the TOP 10 of the most expensive real estate in the world. Buying a property in Vancouver can only be fairly wealthy people. As a rule, a house or an ordinary apartment there costs about twenty-three million rubles – the amount is quite rather big. Despite the fact that the cost of housing in Vancouver is high, there is still a great demand for it. Everything here is closely connected with the influx of wealthy buyers who hail from Hong Kong. By the way, immigrants from Canada are provided with a mortgage from the state. A mortgage can be obtained even if a person does not have a local credit history, but only on the basis of documentation from the bank of the country from which the immigrant arrived. This rule works if the down payment on the mortgage is at least thirty percent.