One of the most liveable cities

There’s a magazine called the economist and sometimes they rank cities based on a number of factors. One of these factors is not the cost of living.

This year three Canadian cities made the top ten: Vancouver, Toronto and Calgary took 3rd, 4th and 5th place.

When a five-year view is taken, global liveability has declined by 0.68 percentage points, highlighting the fact that the last five years have been characterised by heightened unrest in the wake of the global economic crisis, which has undermined many of the developmental gains that cities may have experienced through public policy and investment,” the report said.

Read more: http://calgary.ctvnews.ca/calgary-makes-top-ten-list-of-livable-cities-1.1966845#ixzz3AwisPTPr

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CBC
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CBC

based on a “liveability” formula concocted from thin air

kabloona
Member
kabloona

“Cost of Living” not included as one of the criteria….

Okay, seems reasonable….excuse me while I plan my move to Monaco!!

😉

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

there is a lot of people who put a great deal of stock in the economist’s livability index. probably because it makes vancouver look good.

the same people think tomtom’s congestion index is bunk and a PR stunt, probably because it makes vancouver look bad.

either these ‘studies’ confirm one’s bias, or people just dismiss them.

as for me? i know none of it matters. the only thing that matters is HAM.

Westside Realtor
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Westside Realtor

Even Surrey building lot owners (and NOW eligible bachelor) Oracle should read Larry yattermatters latest.

If you read carefully you will see that the theme I have been espousing is showing up now in the stats.

Westside sfh market is in no way boiling along.

chilled
Member
chilled

I think Ted Eastside just had a stroke.

JamTarts
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JamTarts

@Westside Realtor

Wow! Mostly flat average prices in the detached market over three years.

That certainly isn’t the narrative that Global is copy and pasting into their news broadcasts.

Many Franks
Member
Active Member
No matter what generation you’re in, here’s a chance to laugh at some chumps: Vancouver millennials decamping to the ‘burbs It came as a surprise to friends of 26-year olds Lauren Bennett and fiancé Aarron Costello when the pair decided to trade their Kitsilano rental for a semi-detached home in the suburbs. But, she said, “many of our friends are now considering doing the same.” Like a growing number of Vancouver millennials, the couple discovered that suburban life offers lifestyle advantages, starting with saving money. These fools were spending $2000/mo on a 1br, and now they’ve stepped up to $250k in debt and $60k savings trapped in a 2br in Langley, the reeking armpit of the GVRD. Let the wishful thinking begin… Using a park-and-ride close to her new Langley home and Skytrain, her fiancé has a shorter commute to… Read more »
Shut It Down Already
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Shut It Down Already

JamTarts, but it is the outcome that Dave predicted (and got attacked for by the permabears who aggressively asserted that a full-on crash was the only possibility).

Where’s Blast From The Past when you need him?

Just Jack
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Just Jack

I’ve noticed the urban Millenials are starting to sell their cramped inner city space for larger homes. Although they are paying a bit more than what they sell the inner city home, they’re getting a more than offsetting increase in the utility of the home they are buying. The Millinials are starting to look for value rather than being in the “right” spot. We saw the pendulum swing as people moved from the rural areas to the inner city, now the trend may be reversing as people in the inner city look to the outer areas as better value for their money.

tedeastside
Member
tedeastside

my adopted city New York didnt make the cut

i guess New York is just inferior to those cities, especially the great vancouver….must be no famous people or attractions in New York

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

River Rock Casino windfall helps Great Canadian Gaming earnings surge

http://www.biv.com/article/20140813/BIV0106/140819972/-1/BIV/river-rock-casino-windfall-helps-great-canadian-gaming-earnings-surge

CEO Rod Baker told analysts on an August 13 conference call that much of the success at that casino stems from wealthy Asian visitors.

every vancouverite should support the expansion of gambling.

patriotz
Member

@9: “I’ve noticed the urban Millenials are starting to sell their cramped inner city space for larger homes.”

Condo prices have gone nowhere since most Mills started buying, so that’s going to be a challenge.

” The Millinials are starting to look for value rather than being in the “right” spot. ”

You mean Edmonton instead of Vancouver? I think that’s happening actually.

Westside Realtor
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Westside Realtor

My guess, bases on the types of conversations we are having with seller and buyer clients, is that Westside sfh sales will firm up this fall.

As sellers drop their prices

Could drive up average Vancouver sale prices. But don’t be fooled (I mean Oracled) into believing that the market is firming up. Because it isn’t, at least not based on all I am seeing and privy to.

Westside Realtor = Romeo Jordan
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Westside Realtor = Romeo Jordan

Hey, guess who I am…

“Based on my colleagues impressions in my make believe realtor job, the market is showing signs of slowing down because of (insert daily news story) and because of (insert HAM anecdote).”

Its fun pretending I am in a position to comment on the market when I clearly have zero access to sales transaction data or market trends – but I do it an a lame attempt to get attention as well as talk down a market, which needs no help talking down….

Oracle
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Oracle

To Admin:

Could you ban West sides IP’s….unless you are him.

He thinks everyone posting against him is me. Check the IPs and ban the clown.

blah-blah-blah
Guest
blah-blah-blah

Many Franks and his cohort want to live in Kitsilano at Langley prices. Everybody who doesn’t agree with him is a fool. Meanwhile, life flashes by him oblivious to his inability to accept things as they are.

blah-blah-blah
Guest
blah-blah-blah

“Ok, lets say we think the market has peaked.. lets assume we have a few months to sell our condo investment property and lock in some gains before prices start to drop. What sort of buyers are out there?”

http://vancouvercondo.info/2006/09/potential-buyers.html

Think about how “ahead of the game” this blog’s author and their followers are after astutely avoiding the biggest generational bull market that stomped right through their ‘rented’ living rooms.

Marco
Guest
Marco

None of the world cities made the list because livability does not equate to historical, cultured or interesting. I gather this is obvious to most yet the MSM and RE cartel don’t separate this fact due to vested interests. London, New York, Paris, Rome to name a few real world class cities. Vienna vs London this doesn’t seem to be fair. Thank goodness Vancouver didn’t make number one or else we would be inundated with RE and MSM cheerleading. London vs New York now that could start Tedeastside on a rant.
Peace.

cris
Guest
cris

I don’t know about langley, but I was at Chilliwack last week, people are for sure much more friendly. Genetics?

Muffins999
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Muffins999

A friend of mine was talking to the building manager of The Marquee, a new condo building at 7th and Commercial about the crack smoking that is being done in the building’s alcoves in the back lane. While she was talking to him, he mentioned on 15 out of 58 units had been sold. Is this possible? They are super overpriced and rather small, but I thought a certain number needed to be sold prior to the build beginning.

space889
Member
space889
@Shut It Down Already – The biggest bears here can’t admit they were wrong cuz they weren’t wrong. It didn’t pan out the way they expected because: insert HAM, Gov’t interference, low interest rates, etc. And the well renter is still ahead because renting is cheaper than owning so we win argument. Just like they accuse the bulls of blindingly adopting the bull case and can’t face the facts and admit they are wrong. Sometimes, admitting you are wrong is the best thing you can do. It allows you to pause, seek out non-conforming ideas/facts, and re-evaluate. You might think the market just gone crazier, which is perfectly valid, and it will crash in the future. However, you are still wrong on your past predictions. However, admitting one is wrong is extremely discomforting, just like realizing a loss on an… Read more »
Which one
Guest
Which one

Space889,

Uummm unless that is sarcastic, your post simultaneously says the bears were right and wrong….

Which one is it?

Randy Randerson
Guest
Randy Randerson

I guess New York, Paris, London, Buenos Aires, Berlin, Tokyo, and countless other metropolitan cities must be shit to live in.

long dong
Guest
long dong

If Langley is the armpit, Vancouver is the hemorrhoid of the mainland. Here in Brookswood, kids play in the street and people wave when you drive by. It’s quiet and yards are 10,000-15,000 sq ft with massive trees. Get some Prep H, franks.

Best place on meth
Member
Best place on meth

“Where’s Blast From The Past when you need him?”

Last I heard, he was beheaded by ISIS.

I’m really gonna miss that guy.

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