4 ms·

I find myself in the same situation in Canada. Also more financially successful than my parents at this age, but unable to afford a home here in Vancouver. Eit

by eloff 8y ago

I find myself in the same situation in Canada. Also more financially successful than my parents at this age, but unable to afford a home here in Vancouver. Either I'm going to be renting for a very long time, or I'll leave this country again. It's kind of sad that Canadians are getting priced out of their own country!

Waterluvian 8y ago
I've been asking myself, "what Ontario city is currently where Waterloo was 30 years ago?" I'd move there.
- deleted 8y ago
  [deleted]
- martythemaniak 8y ago
  KW is still a place where things make sense - a variety of housing with reasonable income multiples.
- theluketaylor 8y ago
  It's an interesting question, one I have been thinking about too. I'm not sure there is a place that combines a strong university town with easy access to (but separation from) Toronto and room for growth in quite the same way. Maybe St Catherines if they make Brock a huge priority? The former industrial sections are much like Kitchener was, just waiting for the right companies to need cheap space. Ottawa is always going to be a government town first even though it has it's own tech scene, anything in the GTA gets swallowed by Toronto, Barrie and Brantford don't have universities, Windsor is too far from Toronto, but they might be able to piggyback on Detroit's revival if they play their cards right, London is stagnant and has been for decades, Kingston is on the wrong side of Toronto to really take advantage of Pearson, Guelph has already benefitted from Waterloo's explosion and the north is too harsh for many people. I came to Waterloo for university about 15 years ago and never left. Despite real estate prices really jumping up, the investment in transit and transport through the region might mean south Kitchener and Cambridge are the next Waterloo.
masklinn 8y ago
It's not specific to Canada, you'll get the exact same issue abroad: aside from a few exceptions (e.g. Japan) real estate prices in popular locations keeps climbing ever upwards, significantly faster than income does. I'm guessing real estate is cheaper in YT than it is in Vancouver.
- eloff 8y ago
  True, Vancouver features pretty highly internationally as a desirable city to live in. But there are lots of desirable cities abroad that aren't nearly as crazy expensive. There are no affordable and really desirable cities in Canada - Halifax is perhaps the closest, but that still falls pretty short of the mark (apologies to people from Halifax, but that's my opinion.)
  - mrnobody_67 8y ago
    Montreal.
    - eloff 8y ago
      True, it's not so bad there yet. It's so cold in the winter though - but that's nearly all of Canada.
      - cobookman 8y ago
        Montreal Winters are much worse than Toronto's and Vancouver's.
  - Mikeb85 8y ago
    Montreal, Ottawa, Calgary and Edmonton. All pretty nice cities, all are decent sized, fairly affordable and have jobs.
    - eloff 8y ago
      I don't think of Calgary as affordable. And the weather is bloody awful. I spent 13 years there.
xvf22 8y ago
The lovely Vancouver model [0] isn't helping things I'm sure. Toronto isn't as bad but it seems to be getting steadily worse. [0] https://globalnews.ca/news/4149818/vancouver-cautionary-tale-money-laundering-drugs/ https://globalnews.ca/news/4149818/vancouver-cautionary-tale...
sandworm101 8y ago
Same here. I dropped out of the vancouver tech/law ratrace. Now im working for a government agency on the island. Slightly less pay but greater takehome.

by eloff 8y ago

Waterluvian 8y ago

I've been asking myself, "what Ontario city is currently where Waterloo was 30 years ago?" I'd move there.

deleted 8y ago
[deleted]
martythemaniak 8y ago
KW is still a place where things make sense - a variety of housing with reasonable income multiples.
theluketaylor 8y ago
It's an interesting question, one I have been thinking about too. I'm not sure there is a place that combines a strong university town with easy access to (but separation from) Toronto and room for growth in quite the same way. Maybe St Catherines if they make Brock a huge priority? The former industrial sections are much like Kitchener was, just waiting for the right companies to need cheap space. Ottawa is always going to be a government town first even though it has it's own tech scene, anything in the GTA gets swallowed by Toronto, Barrie and Brantford don't have universities, Windsor is too far from Toronto, but they might be able to piggyback on Detroit's revival if they play their cards right, London is stagnant and has been for decades, Kingston is on the wrong side of Toronto to really take advantage of Pearson, Guelph has already benefitted from Waterloo's explosion and the north is too harsh for many people. I came to Waterloo for university about 15 years ago and never left. Despite real estate prices really jumping up, the investment in transit and transport through the region might mean south Kitchener and Cambridge are the next Waterloo.

masklinn 8y ago

It's not specific to Canada, you'll get the exact same issue abroad: aside from a few exceptions (e.g. Japan) real estate prices in popular locations keeps climbing ever upwards, significantly faster than income does. I'm guessing real estate is cheaper in YT than it is in Vancouver.

eloff 8y ago
True, Vancouver features pretty highly internationally as a desirable city to live in. But there are lots of desirable cities abroad that aren't nearly as crazy expensive. There are no affordable and really desirable cities in Canada - Halifax is perhaps the closest, but that still falls pretty short of the mark (apologies to people from Halifax, but that's my opinion.)
- mrnobody_67 8y ago
  Montreal.
  - eloff 8y ago
    True, it's not so bad there yet. It's so cold in the winter though - but that's nearly all of Canada.
    - cobookman 8y ago
      Montreal Winters are much worse than Toronto's and Vancouver's.
- Mikeb85 8y ago
  Montreal, Ottawa, Calgary and Edmonton. All pretty nice cities, all are decent sized, fairly affordable and have jobs.
  - eloff 8y ago
    I don't think of Calgary as affordable. And the weather is bloody awful. I spent 13 years there.

xvf22 8y ago

The lovely Vancouver model [0] isn't helping things I'm sure. Toronto isn't as bad but it seems to be getting steadily worse. [0] https://globalnews.ca/news/4149818/vancouver-cautionary-tale-money-laundering-drugs/ https://globalnews.ca/news/4149818/vancouver-cautionary-tale...

sandworm101 8y ago

Same here. I dropped out of the vancouver tech/law ratrace. Now im working for a government agency on the island. Slightly less pay but greater takehome.