Comments on: Is Vancouver ‘Severely Unaffordable’? http://vancouvercondo.info/2006/08/is-vancouver-severely-unaffordable.html?utm_source=rss&utm_medium=rss&utm_campaign=is-vancouver-severely-unaffordable Bubble? What Bubble? Wed, 23 May 2012 13:36:04 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Kris Taylor http://vancouvercondo.info/2006/08/is-vancouver-severely-unaffordable.html#comment-9708 Kris Taylor Sat, 09 Feb 2008 02:02:58 +0000 http://vancouvercondo.info/?p=52#comment-9708 Severely unaffordable? Vancouver was an expensive city when I LAST MOVED 7 YEARS AGO. Now my landlord is selling the place I live in. I'm a business owner with a fiancee to share the expenses. 1 bedroom apartements for $1000+? This is freaking insane. We're really looking for a 2bdrm so I can have my office in the second bdrm. Just last year my friend picked up a 2bdrm basement suite for $850. I cant find anything like that now, the same place would go for $1300. The problem is the dumb municipalities, theyve gone nuts. They are allowing building permits to knock down massive rental properties to build... condo towers for sale. This condo crap has to end. Apparently the vacancy rate in the GVRD is 0.3%. The population hasnt grown that much... its the fact that they're demolishing rental properties to pave the way for overpriced condo units. I've even seen California dingbats being refurbed and converted into Condos for sale at prices like $300,000, when they used to be rented for $600-$850. This market is insane. It makes me want to move out to the sticks until all these property speculators get their asses handed to them. <p class="top-comments">Current score: <span class="top-comments-karma" id="karma-9708">0</span> <small>(to vote for this comment, please visit the site)</small></p> Severely unaffordable?

Vancouver was an expensive city when I LAST MOVED 7 YEARS AGO. Now my landlord is selling the place I live in.

I'm a business owner with a fiancee to share the expenses. 1 bedroom apartements for $1000+? This is freaking insane. We're really looking for a 2bdrm so I can have my office in the second bdrm. Just last year my friend picked up a 2bdrm basement suite for $850. I cant find anything like that now, the same place would go for $1300.

The problem is the dumb municipalities, theyve gone nuts. They are allowing building permits to knock down massive rental properties to build… condo towers for sale. This condo crap has to end. Apparently the vacancy rate in the GVRD is 0.3%. The population hasnt grown that much… its the fact that they're demolishing rental properties to pave the way for overpriced condo units.

I've even seen California dingbats being refurbed and converted into Condos for sale at prices like $300,000, when they used to be rented for $600-$850.

This market is insane. It makes me want to move out to the sticks until all these property speculators get their asses handed to them.

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]]> By: bc_cele http://vancouvercondo.info/2006/08/is-vancouver-severely-unaffordable.html#comment-232 bc_cele Fri, 25 Aug 2006 21:31:00 +0000 http://vancouvercondo.info/?p=52#comment-232 <b><i>Paul said... The agricultural land reserve is there for strategic reasons. As the population of any nation grows they need to maintain internal capacity to produce food. Look at Japan, they have the same thing and even less land to play with than we do. River delta is the richest soil on the planet, it's foolish to build on it. Build on land you can't grow anything on!As for the north shore, the slope is unstable. That's why when it rains everyone up their pisses their pants. The city should never have allowed development to go so far up the slope. </i></b>Strange, that's what I was told about the soil in SW Ontario. I guess we can argue that point latter.Still, the fact stands that the world is in a production glut. In addition when it comes to production and you can expand the urban centres without harming too much production. How much food production do you actually think would be lost if you allowed the sale of 100 hectares of land? In the grand scheme of things that would amount to almost nothing. It would, however, allow for thousands of new housing units to be built.As for Japan, they produce actually have a lot of rurual lands, and despite the common misconception they actual export food. In reality, this nothing, but a sacred cow that needs to be examined with facts, not emotions. <p class="top-comments">Current score: <span class="top-comments-karma" id="karma-232">0</span> <small>(to vote for this comment, please visit the site)</small></p> Paul said… The agricultural land reserve is there for strategic reasons. As the population of any nation grows they need to maintain internal capacity to produce food. Look at Japan, they have the same thing and even less land to play with than we do. River delta is the richest soil on the planet, it's foolish to build on it. Build on land you can't grow anything on!As for the north shore, the slope is unstable. That's why when it rains everyone up their pisses their pants. The city should never have allowed development to go so far up the slope. Strange, that's what I was told about the soil in SW Ontario. I guess we can argue that point latter.Still, the fact stands that the world is in a production glut. In addition when it comes to production and you can expand the urban centres without harming too much production. How much food production do you actually think would be lost if you allowed the sale of 100 hectares of land? In the grand scheme of things that would amount to almost nothing. It would, however, allow for thousands of new housing units to be built.As for Japan, they produce actually have a lot of rurual lands, and despite the common misconception they actual export food. In reality, this nothing, but a sacred cow that needs to be examined with facts, not emotions.

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]]> By: Paul http://vancouvercondo.info/2006/08/is-vancouver-severely-unaffordable.html#comment-231 Paul Mon, 21 Aug 2006 09:59:00 +0000 http://vancouvercondo.info/?p=52#comment-231 The agricultural land reserve is there for strategic reasons. As the population of any nation grows they need to maintain internal capacity to produce food. Look at Japan, they have the same thing and even less land to play with than we do. River delta is the richest soil on the planet, it's foolish to build on it. Build on land you can't grow anything on!As for the north shore, the slope is unstable. That's why when it rains everyone up their pisses their pants. The city should never have allowed development to go so far up the slope. <p class="top-comments">Current score: <span class="top-comments-karma" id="karma-231">0</span> <small>(to vote for this comment, please visit the site)</small></p> The agricultural land reserve is there for strategic reasons. As the population of any nation grows they need to maintain internal capacity to produce food. Look at Japan, they have the same thing and even less land to play with than we do. River delta is the richest soil on the planet, it's foolish to build on it. Build on land you can't grow anything on!As for the north shore, the slope is unstable. That's why when it rains everyone up their pisses their pants. The city should never have allowed development to go so far up the slope.

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]]> By: metro http://vancouvercondo.info/2006/08/is-vancouver-severely-unaffordable.html#comment-230 metro Mon, 21 Aug 2006 08:41:00 +0000 http://vancouvercondo.info/?p=52#comment-230 Isn't part of the problem that the downtown core is bordered by water? 'vancouver' only really stretches south west and east of downtown. They should be building more bridges to the northshore.The water from downtown is beautiful, but does it limit the growth potential of vancouver? I wonder if surrey, richmond or burnaby will end up taking over a lot of economic power in the lower mainland as vancouver is choked off by demand. <p class="top-comments">Current score: <span class="top-comments-karma" id="karma-230">0</span> <small>(to vote for this comment, please visit the site)</small></p> Isn't part of the problem that the downtown core is bordered by water? 'vancouver' only really stretches south west and east of downtown. They should be building more bridges to the northshore.The water from downtown is beautiful, but does it limit the growth potential of vancouver? I wonder if surrey, richmond or burnaby will end up taking over a lot of economic power in the lower mainland as vancouver is choked off by demand.

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]]> By: Anonymous http://vancouvercondo.info/2006/08/is-vancouver-severely-unaffordable.html#comment-229 Anonymous Sun, 20 Aug 2006 22:28:00 +0000 http://vancouvercondo.info/?p=52#comment-229 Sorry about the anonymous post but the previous user ids I chose were taken. bc cele the Richmond/Delta/Fraser Valley area has some of the best soil in the province. Why pay large sums of money to have food shipped from outside the province when you can enjoy fresh food produced locally. Have you tasted a strawberry shipped from California? The taste doesn't even compare to that of a locally grown berry. If you live in the West End you should visit their farmers market. I think you would be amazed. <a href="http://www.eatlocal.org/" rel="nofollow">http://www.eatlocal.org/</a> <p class="top-comments">Current score: <span class="top-comments-karma" id="karma-229">0</span> <small>(to vote for this comment, please visit the site)</small></p> Sorry about the anonymous post but the previous user ids I chose were taken. bc cele the Richmond/Delta/Fraser Valley area has some of the best soil in the province. Why pay large sums of money to have food shipped from outside the province when you can enjoy fresh food produced locally. Have you tasted a strawberry shipped from California? The taste doesn't even compare to that of a locally grown berry. If you live in the West End you should visit their farmers market. I think you would be amazed. http://www.eatlocal.org/

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]]> By: Anonymous http://vancouvercondo.info/2006/08/is-vancouver-severely-unaffordable.html#comment-228 Anonymous Sat, 19 Aug 2006 13:59:00 +0000 http://vancouvercondo.info/?p=52#comment-228 I thought it was common knowledge that Vancouver was unaffordable. It has great beauty and scenery but not an affordable place to be. I have been searching for a reasonable condo for just me but cannot wrap my head around paying over $400K for something less than 800 sq ft. Even out in the burbs (New West/Burnaby) prices are insane. I am not into living like this and it's time to leave. <p class="top-comments">Current score: <span class="top-comments-karma" id="karma-228">0</span> <small>(to vote for this comment, please visit the site)</small></p> I thought it was common knowledge that Vancouver was unaffordable. It has great beauty and scenery but not an affordable place to be. I have been searching for a reasonable condo for just me but cannot wrap my head around paying over $400K for something less than 800 sq ft. Even out in the burbs (New West/Burnaby) prices are insane. I am not into living like this and it's time to leave.

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]]> By: stuckinburnaby http://vancouvercondo.info/2006/08/is-vancouver-severely-unaffordable.html#comment-227 stuckinburnaby Sat, 19 Aug 2006 12:49:00 +0000 http://vancouvercondo.info/?p=52#comment-227 Too late. The majority of produce in the world is now grown in China. <p class="top-comments">Current score: <span class="top-comments-karma" id="karma-227">0</span> <small>(to vote for this comment, please visit the site)</small></p> Too late. The majority of produce in the world is now grown in China.

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]]> By: bc_cele http://vancouvercondo.info/2006/08/is-vancouver-severely-unaffordable.html#comment-226 bc_cele Sat, 19 Aug 2006 02:34:00 +0000 http://vancouvercondo.info/?p=52#comment-226 <b><i>Capnjack said... Yeah.. but I'm not so sure it would be a good idea to cut into the agricultural reserve to build more housing - I like having fresh local food available instead of trucked half way across the world.Maybe the land thats set aside to not build on is made that way for a reason. </i></b>So what 'fresh' foods are you buying from this reserve? Apples? Maybe peaches, or cherries, or cranberries? I rather doubt the land is set aside for anything woth while, but I could be wrong - and no, I don't think that wine and some grains are worth it. <p class="top-comments">Current score: <span class="top-comments-karma" id="karma-226">0</span> <small>(to vote for this comment, please visit the site)</small></p> Capnjack said… Yeah.. but I'm not so sure it would be a good idea to cut into the agricultural reserve to build more housing – I like having fresh local food available instead of trucked half way across the world.Maybe the land thats set aside to not build on is made that way for a reason. So what 'fresh' foods are you buying from this reserve? Apples? Maybe peaches, or cherries, or cranberries? I rather doubt the land is set aside for anything woth while, but I could be wrong – and no, I don't think that wine and some grains are worth it.

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]]> By: Capnjack http://vancouvercondo.info/2006/08/is-vancouver-severely-unaffordable.html#comment-225 Capnjack Fri, 18 Aug 2006 20:50:00 +0000 http://vancouvercondo.info/?p=52#comment-225 Yeah.. but I'm not so sure it would be a good idea to cut into the agricultural reserve to build more housing - I like having fresh local food available instead of trucked half way across the world.Maybe the land thats set aside to not build on is made that way for a reason. <p class="top-comments">Current score: <span class="top-comments-karma" id="karma-225">0</span> <small>(to vote for this comment, please visit the site)</small></p> Yeah.. but I'm not so sure it would be a good idea to cut into the agricultural reserve to build more housing – I like having fresh local food available instead of trucked half way across the world.Maybe the land thats set aside to not build on is made that way for a reason.

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]]> By: bc_cele http://vancouvercondo.info/2006/08/is-vancouver-severely-unaffordable.html#comment-224 bc_cele Fri, 18 Aug 2006 20:25:00 +0000 http://vancouvercondo.info/?p=52#comment-224 I'm new to the province, but isn't it true that the only thing that stops Abbotsford from expanding is that they have an agricultre reserve surrounding the area. What the heck is this all about? Do you guys have problems with food in this province that the rest of Canada doesn't. We seemed to have a glut of fresh foods back in central Canada so why is this such a special area? <p class="top-comments">Current score: <span class="top-comments-karma" id="karma-224">0</span> <small>(to vote for this comment, please visit the site)</small></p> I'm new to the province, but isn't it true that the only thing that stops Abbotsford from expanding is that they have an agricultre reserve surrounding the area. What the heck is this all about? Do you guys have problems with food in this province that the rest of Canada doesn't. We seemed to have a glut of fresh foods back in central Canada so why is this such a special area?

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