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Victoria's housing market, home prices and values


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#5321 Mike K.

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Posted 20 September 2023 - 07:30 PM

I think it's funny you think a one time luxury tax is the reason why the hourly rate is so high.


Of course it is.

Dude. It’ll take years to pay that off at $175/hour.

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#5322 Mike K.

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Posted 20 September 2023 - 07:32 PM

Yeah, I paid $100 an hour and I don't have a problem with that, it was the dispatch fee of $80 that I thought was out of line. There was nothing to diagnose, he was installing a new kitchen faucet that we had purchased at Lowes.


See. $180 for a one hour job.
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#5323 E2V

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Posted 21 September 2023 - 06:07 AM

A neighbour recently had some plumbing work done. There was a tip option on the invoice.
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#5324 spanky123

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Posted 21 September 2023 - 07:05 AM

for small jobs, I just find Youtube videos on how to fix it and do the plumbing myself

 

big jobs, like a water heater, go with the pros to have the warranty covered

 

It's amazing the Youtube videos you can find to fix things.  

 

Not just the warranty at stake. For simple repairs like a leaky faucet or toilet flush mechanism sure, but you really need to be careful when safety devices such as pressure relief valves, mixing valves, overflow tanks, etc are concerned. 



#5325 Ismo07

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Posted 21 September 2023 - 07:18 AM

Of course it is.

Dude. It’ll take years to pay that off at $175/hour.

 

Looks like luxury tax is for vehicles over $100k...  Will there be plumbing rebates now?



#5326 Mike K.

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Posted 21 September 2023 - 07:24 AM

That’s a federal luxury tax. You’re missing the BC luxury tax.

I’m being facetious about the luxury tax being the driver of high costs. It’s just one of many, but it doesn’t help, when BC’s luxury tax applies to basic, run of the mill vehicles like ho-hum work trucks.
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#5327 lanforod

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Posted 21 September 2023 - 07:49 AM

Ismo was the only one here who didn't realize you were being facetious.  :1954_dancing:


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#5328 dasmo

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Posted 21 September 2023 - 08:09 AM

I need to raise my rates!
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#5329 Ismo07

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Posted 21 September 2023 - 08:11 AM

Ismo was the only one here who didn't realize you were being facetious.  :1954_dancing:

 

Haha I like to deadpan some of Mike's silliness...



#5330 Mike K.

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Posted 21 September 2023 - 08:15 AM

I just don't think you're aware of how many costs businesses have to cover, just to keep the lights on. Parking tickets being among them  :banana:


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#5331 Ismo07

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Posted 21 September 2023 - 08:52 AM

I just don't think you're aware of how many costs businesses have to cover, just to keep the lights on. Parking tickets being among them  :banana:

 

Parking tickets are a write off...  I've never complained about my plumber rates or call outs...  Just funny to say that this tax is THE reason plumbers are $180/hr...  I'll have to ask my plumber but I doubt that will be in the top 5 of reasons.  All those things are write offs, so that basically makes them all free right??? ;)


Edited by Ismo07, 21 September 2023 - 08:53 AM.


#5332 Mike K.

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Posted 21 September 2023 - 09:10 AM

Maybe it’s better to keep the money, than to write it off?
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#5333 Ismo07

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Posted 21 September 2023 - 09:31 AM

Maybe it’s better to keep the money, than to write it off?

 

You mean not buy a van?  Oh you mean tickets..?  Might be better off just paying for the parking or a permit that is available.  How did you swing it to this lol...



#5334 Victoria Watcher

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Posted 23 September 2023 - 03:04 AM

The minimum annual income required to buy an average-priced Victoria home climbed to $184,800 last month, according to an online mortgage brokerage.

 

In Victoria, the minimum income needed to buy a home priced at the $888,000 average, which includes houses, townhouses and condos, rose $1,420 between July and August to $184,800, according to ­RateHub. The data focused on ­Victoria proper and does not include ­surrounding municipalities.

 

https://www.timescol...dy-says-7589652



 



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