What does the price of real estate in Vancouver have to do with Sydney Crosby?

On the face of it, not too much, but dig a little deeper and you may see some similarities.

It wasn’t long ago when many didn’t know where Vancouver was, and I’m not talking about Vancouver Washington.

It wasn’t long ago too when many didn’t know who Sydney Crosby was either.

Sydney Crosbey is one of the best hockey players in the world.

Crosby made his NHL debut on October 5, 2005

His entry level salary was under $1,000,000 per year.

Fast forward to July 10, 2007 and his value skyrocketed when the Penguins signed him to a five-year, $43.5 million dollar contract extension.

About that same time, the value of real estate in Vancouver was skyrocketing as well.

But skyrocketing for many of the same reasons.

Vancouver is now recognized as one of the best and most livable cities in the world.

Sydney Crosby is now recognized as one of best hockey players in the world.

One could argue that Sydney Crosby is too expensive and yes, the price of real estate in Vancouver BC is expensive too, but you get what you pay for.

Mark Fidgett is a Vancouver mortgage broker and the driver behind www.NotaPennyDown.com

Mark Fidgett, Your Vancouver Mortgage Broker For Life

www.notapennydown.com

604-273-2002

P.S. Who’s the next person you know who wants to save thousands off their mortgage?
Be sure to give me a call so we can help them!