Tag Archives: translink

Is Vancouver lost without a Compass?

In Vancouver everything is about real estate.

Yes, EVERYTHING.

Even that bus you take to get to your weed dispensary before yoga class.

Thats why it’s so disappointing that our world class fare gates are still not working.  This is the system that was supposed to be ready in 2008 but has been delayed over and over again. It’s a $194 million dollar solution that isn’t quite a solution yet.

Once in place this system should put a stop to fare evasion which is currently estimated to be a loss of at least $10 million per year. Well, hopefully it’s at least $10 mil per year, since we’ll be paying $12 million per year for operating costs once the system is working.

Fortunately this is all happening in Vancouver which means whether the transit system is losing money in fare evasion or through operating costs it can always make that money back in real estate.

Friday Free-for-all!

It’s the end of another work week and that means it time for the free-for-all!  This is our regular weekend news roundup and open topic discussion thread.  Here are a few recent links to kick off the chat:

Tiptoeing towards sub-prime
Get ready for more bidding wars!
Carney hints at rate hikes
Is Carney actually driving?
Vancouver might get a new tower
Want to RE blog for G&M?
Higher learning in Whistler
Translink puts on the brakes

So what are you seeing out there?  Post your news links, thoughts and anecdotes here and have an excellent weekend!