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>“They put me in a freight elevator surrounded by steel plates and plywood, with a hard-hat operator,” she said. Oh no, you had to occupy the same space as a m

>“They put me in a freight elevator surrounded by steel plates and plywood, with a hard-hat operator,” she said. Oh no, you had to occupy the same space as a mere commoner? Perish the thought! >The residents, many of whom live elsewhere most of the year, have splintered into groups. They don't even live there and they're upset (probably because it's "an investment"). This article inadvertently paints an excellent portrait of how detached and anti-social most rich people are and how their money could be put to so much better use by society through higher taxes. The myth that wealthy people got that way by being clever or smart or hard working needs to go away very soon. These are people who were born on third base and think they hit a triple.

__s 6y ago
The height contributes to being an investment. When I was looking for an apartment in Vancouver I wasn't keen to have to use an elevator every day to get to some 20+ or 30+ floor. Thankfully ended up getting a 10th floor apartment (took a video when moving out for prospective buyers: https://www.youtube.com/watch?v=VNypbD3EbHE https://www.youtube.com/watch?v=VNypbD3EbHE) The only reason to put up with a high floor is if don't intend to come & go very much. Nice place to stay maybe during vacation or to host a party or quarantine, but should be some of the less valuable residential space per square foot in the area if it weren't "an investment" as you say Hopefully rather than regulate these buildings away, lessons can be taken from the issues they're experiencing to build more which'll eventually become affordable housing
Arrath 6y ago
Absolutely agree. They can cry me a river about these issues. >Initial findings showed that 73 percent of mechanical, electrical and plumbing components observed failed to conform with the developers’ drawings, and that almost a quarter “presented actual life safety issues,” Mr. Slinin wrote. Was rather eye opening, though. Even in such high dollar construction corners get cut left and right (not saying the drawings were perfect, of course things are found to be unconstructable, in conflict, or value-engineering solutions are proposed), and however did that pass inspection, I wonder?

__s 6y ago

The height contributes to being an investment. When I was looking for an apartment in Vancouver I wasn't keen to have to use an elevator every day to get to some 20+ or 30+ floor. Thankfully ended up getting a 10th floor apartment (took a video when moving out for prospective buyers: https://www.youtube.com/watch?v=VNypbD3EbHE https://www.youtube.com/watch?v=VNypbD3EbHE) The only reason to put up with a high floor is if don't intend to come & go very much. Nice place to stay maybe during vacation or to host a party or quarantine, but should be some of the less valuable residential space per square foot in the area if it weren't "an investment" as you say Hopefully rather than regulate these buildings away, lessons can be taken from the issues they're experiencing to build more which'll eventually become affordable housing

Arrath 6y ago

Absolutely agree. They can cry me a river about these issues. >Initial findings showed that 73 percent of mechanical, electrical and plumbing components observed failed to conform with the developers’ drawings, and that almost a quarter “presented actual life safety issues,” Mr. Slinin wrote. Was rather eye opening, though. Even in such high dollar construction corners get cut left and right (not saying the drawings were perfect, of course things are found to be unconstructable, in conflict, or value-engineering solutions are proposed), and however did that pass inspection, I wonder?