A home in an exclusive neighborhood overlooking Alta Lake has sold for $32,000,000, breaking Whistler’s real estate sale price record by nearly $10,000,000.
The international couple, who Ryan say split their time between Europe and New York City and are self-made, also bought the lot next door for an additional $7,500,000 to build a guest house and tennis courts.
The buyers were able to purchase the home because Whistler is exempt from a new law that prohibits foreigners from buying homes in Canada.
This really puts into perspective not only how ridiculous the price of this mansion is, but also the general state of complete and utter insanity that the real estate market finds itself in today.
And the saddest thing is that this is not just a BC thing or even a Canada thing…real estate is being priced out of the hands of common working folks in most of the western world.
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Worked myself to exhaustion to survive for about 15 years now. I’ve probably earned around a hundredth of that value.
I’m sure they’ve worked as hard as I’ve worked for about 1500 years. Or worked a hundred times harder every day in order to buy this house.
Man, rich people work really hard! I must be so fucking stupid and lazy.
Even someone on the sunshine list (100k) would need to work for 320 years to gross that amount.
A cardiothoric surgeon (highest paid medical professional in Canada) would need to work 53-80 years to gross that amount.
Two cardiothoric surgeons who live together, assuming AB taxes, would need to work for 64 years each to net that amount.
So the two hardest working (by pay) people in this country together could not afford this house in their lifetimes.
This really puts into perspective not only how ridiculous the price of this mansion is, but also the general state of complete and utter insanity that the real estate market finds itself in today. And the saddest thing is that this is not just a BC thing or even a Canada thing…real estate is being priced out of the hands of common working folks in most of the western world.
I know your joking but in case people don’t get it: rich comes from luck, not from hard work.
Don’t work any harder than you have to, thinking it helps. It doesn’t change the statistical chance of you becoming rich.
Many people will say you can help along the luck. Those people are dumb.