West Van debates pros and cons of Monster Homes

West Vancouver is considering limiting the size of ‘Monster Homes‘ and that’s got both sides of the issue up in arms. The primary concern from some residents is that a proposed size limit would bring down property values:

“At first glance, this is flawed, to say the least,” said Russell Lane, who said he and his wife were “one of the owners of one of the larger properties and our house is on it. It’s not a ‘monster property,’ or whatever the description is, but a house that was built appropriate to current regulations.”

He said it would be unfortunate if the municipal government created, in effect, two classes of properties, where older houses that were built to code would be more attractive to buyers than homes built after a policy change.

Meanwhile North Delta brought in similar limits several years ago:

Delta Mayor Lois Jackson said her community limited the size of new North Delta homes to 3,552 square feet several years ago and feels the policy has worked well, with few complaints from builders or owners of would-be monster homes.

“We were having problems with some very large homes being built, some as large as 9,000 square feet or bigger,” she said. “Allowing an unlimited amount of square feet in new homes was not taking the community in the direction it wanted to go.”

Read the full article in the Vancouver Sun.

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VanRant
Member
VanRant

The Laneway houses with 2 levels are bigger than than some of the 1950’s bungalows in Vancouver.

space889
Guest
space889

So basically Indian families where 3 or 4 generations that stay together are not welcome in Delta? Nor are families like the Duggers??

StupidityCheck
Guest
StupidityCheck

The comments in that article are pretty telling. The white people are asking “Why do people feel the need to build these monster homes?” and the Asians are saying, “Don’t be jealous of my big, impressive home you losers!”

Son of Ponzi
Guest
Son of Ponzi

I’m all for Monster Houses as long a they are not too big.

Son of Ponzi
Guest
Son of Ponzi

Why is it that the smallest people have the biggest houses and drive the biggest cars?

Best place on meth
Member
Best place on meth

Australia plans fees for foreign property investors.

http://www.bbc.com/news/world-australia-31615314

Under the new proposals, a foreign investor who wants to buy Australian property worth up to A$1m ($785,000, £508,000) would have to pay a A$5,000 application fee to the Foreign Investment Review Board (FIRB).

Investments over A$1m will incur a A$10,000 fee for every extra million dollars in the purchase price.

An application to buy a business worth A$1bn or more would incur a A$100,000 fee.

Fears about foreign investment in property, particularly Chinese investment, have prompted the Australian government’s proposed changes to its foreign investment regime.

There are perceptions in the community that young Australians are being priced out of the market by offshore speculative investors.

Best place on meth
Member
Best place on meth

@5

“Why is it that the smallest people have the biggest houses and drive the biggest cars?”

I think the medical profession calls it Small Dick Syndrome.

It’s a way of compensating.

patriotz
Member

@6: “Under the new proposals, a foreign investor who wants to buy Australian property worth up to A$1m ($785,000, £508,000) would have to pay a A$5,000 application fee to the Foreign Investment Review Board (FIRB).”

Wow, that’ll scare them off. Half a percent more to pay!

This is just another lame attempt by the Oz government to show people it’s “doing something” when in fact it’s unwilling to take measures that would actually bring down RE prices. Just like governments in Canada.

Son of Ponzi
Guest
Son of Ponzi

What do the Governments of Canada and Australia have in common?
Run by spineless Brits.

UBC in crisis mode
Guest
UBC in crisis mode

Development Permit Application #4/13
5915 Newton Wynd

http://www.universityendowmentlands.gov.bc.ca/library/ADP_Minutes_June2014.pdf

I paid $12 million for the lot, now you are telling me my new house is too big?

Marco
Guest
Marco

@ Best place on meth

Taxing Foreign investors isn’t going to slowdown foreign investment. The tax is peanuts to the wealthy investor.
If the Government is afraid it will deter foreign buyers from coming to Canada, they won’t instigate this tax. It would be a bit of a money maker for the Government though, on top of all the property tax collected from these investors. They may think it could deter them from buying, by making it look like the tax is actually a penalty and not a doors are wide open philosophy that we have right now. Besides all the realtors and developers would have a hissy fit if they thought it would cut into sales. Unless Of course they were offered a payout on the foreign investors tax, haha.

West Coast Woman
Guest
West Coast Woman
From today’s article in the Vancouver Sun: “In the ’60s and ’70s I think everyone was happy with one or two bathrooms in a house, and floor-to-ceiling height was eight feet,” said Wayne Craig, director of development for the City of Richmond. “Consumer expectations these days are there’s an ensuite in every bedroom and floor-to-ceiling heights range from nine feet to 10 feet.” Read more: http://www.vancouversun.com/business/Metro+Vancouver+monster+home+debate+springs+back+life/10840075/story.html#ixzz3Snmy6e4o Just who are all these “consumers” these days who want an ensuite in every bedroom and 10 foot ceilings?? In my view, these comments demonstrate how much we have been catering to the Asian/HAM/Chinese Mainlander market. Two examples from my neighbourhood, in which 70% of the houses have been demolished and replaced by these monstrosities in the last 5-6 years. The 1800 square foot house behind us was demolished and replaced by a 4400… Read more »
Son of Ponzi
Guest
Son of Ponzi

No use complaining about HAM who are breaking the building rules.
Remember the Golden Rule:
He who has the gold, rules.
Wake me up when Vancouver has a Chinese mayor.

Marco
Guest
Marco

@ West a Coast Woman

Thanks for the post.

I think you mistook their “The Greenest City” with the “Greediest City”

and “EcoDensity” policies with “EcoDuncity” policies.

Cheers.

paulb
Member

New Listings 237
Price Changes 58
Sold Listings 243
TI:12854

http://www.paulboenisch.com

space889
Guest
space889

@West Coast Woman – Have you actually seen condos and houses in China? Generally kitchen and bathrooms are very small – it is not uncommon to have a bathroom with a shower but no separate shower stall.

Where do I see big kitchen, gourmet kitchen, chef kitchen, ensuite and spa like bathroom promoted? HGTV shows which are geared more towards woman of all races….

so if you think bathrooms and kitchens are issues in this market, blame your fellow female comarades rather than some baseless accusation at HAM. I doubt big fancy bathrooms and kitchen will disappear even if all HAM disappeared overnight.

Yunak
Guest
Yunak

@12 These new houses with their 10 foot ceilings (even in the basement) will each consume three times the energy to heat than the original homes did. Most are occupied by only 2-4 people.

Big size house (aka monster) is traditional and somewhat practical thing related to acoustics. Every Chinese family could have a potential Wolfgang Amadeus Mozart that has to practice piano under eye of Tiger-Mom (aka Salieri-Mom) therefore from the beginning to develop sense of performing before the audience in gigantic concert halls.

se
Guest
se

gest

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

what do all of you care what property owners build? you aren’t property owners.

Best place on meth
Member
Best place on meth

@13

“Wake me up when Vancouver has a Chinese mayor.”

We already do.

history
Guest
history
seven
Guest
seven

Gregory Wongbertson. The sicko was tied ramming Rennie now he’s boinking a 30 yr old Asian girl. Sicko mayor

Yunak
Guest
Yunak

@22

Shrinkage?

renters rule
Guest
renters rule

@23

HAHAHAHAHAHAHAHAHA

renters rule
Guest
renters rule

apologies if this has already been posted:

http://business.financialpost.com/2015/02/25/big-banks-boost-condo-financing-even-as-unsold-units-in-toronto-hit-21-year-high/

banks have fewer options these days I guess to try and make “profits”….

😮

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