4 ms·
Vancouver is an exception because there isn't much land. They are choosing, as a city, to build up, not out. There are only a few roads out and if you've been
by fnid2 17y ago
Vancouver is an exception because there isn't much land. They are choosing, as a city, to build up, not out. There are only a few roads out and if you've been stuck in the traffic on the 1 just outside the city, then you know it isn't convenient to live far from downtown. Commuting isn't fun and Vancouver has almost the best weather in Canada, definitely the best for a major city not on an island.
Even more, the hongkongese loved vancouver and chose it over many of the other options for post brit rule.
And I know some < 40er's with detached homes, so I suspect your hyperbole is a bit extreme and indicates a lack of real effort to communicate honestly or a lack of real understanding of the situation in vancouver.
- potatolicious 17y agoI'm from Vancouver, my folks own a detached home there... and the previous poster isn't entirely incorrect in his statements on Vancouver housing. The speculative bubble started in the mid 90s, and housing has been rising ever since. It was still within reach of middle class folk all the way up till, oh, about 1997-98 or so. The announcement of the Olympics drove prices even higher, so that's where we're at today. My folks bought in about 15 years ago, and even then our modest 2-story cost about $300K. It is worth $800K now, and our neighbourhood is not even one of the explosive-growth neighbourhoods. Heck, we're not even in Vancouver proper. Buying a detached home in Vancouver city itself is, to put it strongly, impossible for anyone who only has a day job as income. Tiny single-floor bungalows are priced into the $700K's, it's just all so absurd.