What did you expect Vancouver prices to do over the past 32 Years HD

There was an article in the Globe & Mail newspaper about a home owner who bought a Kitsilano Bungalow in the 80’s for $287,000 and just sold it for over 1.8 million. A lot of people thought that was just crazy and no house should appreciate that much. These people obviously don’t own a calculator and have no idea what annualized rate of return and compounding can do for you when you buy and hold. Thought I would shed some light on exactly how much this home appreciated and how it stacks up to other investments. If you want to voice your opinion or get in touch with Owen, please email owen@owenbigland.com and visit http://www.owenbigland.com for all his Inside Edge Real Estate video blogs. RICHMOND BC HOMES GREATER VANCOUVER BC REAL ESTATE FOR SALE House | Townhouse | Apartments-Condos | Real Estate Richmond | Vancouver | Ladner | Tsawwassen