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Old 07-09-2015, 04:23 PM   #11
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yea, residential prices are high here in Vancouver/Lower Mainland
we moved in with our children so they wouldn't have a huge mortgage
we got a nice big basement suite, they got two top floors with lots of room to fill with grandchildren.
and the lot is big enough for all of us and our trailer.

retirement is looking better and better
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Old 07-09-2015, 04:27 PM   #12
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and on the weather channel this am, Vancouver was voted #1 island resort to visit, in the world....!!!
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Old 07-09-2015, 04:31 PM   #13
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we moved in with our children so they wouldn't have a huge mortgage
Sounds like the same plot my daughter has crafted. Bonus, is it comes with built-in babysitter.
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Old 07-09-2015, 05:25 PM   #14
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[QUOTE=gbaglo;100183
The issue is there is no more land to build on. Surrounded by mountains and ocean. Valley land is in agriculture reserve.[/QUOTE]

Yah, it's heart breaking really to see one area that once was probably among the richest best type of farm land in the world covered in cookie cutter boxes.

No, removing any more agricultural land for more houses isn't the way to go.

The flavor of the day around Vancouver is infill. Finally legalizing basement suites and allowing infill coach or laneway houses. Despite this situation being phased in now for several years it still hasn't made a dent in demand.

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Old 07-09-2015, 05:29 PM   #15
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and on the weather channel this am, Vancouver was voted #1 island resort to visit, in the world....!!!
Funny thing about that statement is that Vancouver is not an island or a resort!
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Old 07-09-2015, 05:30 PM   #16
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Funny thing about that statement is that Vancouver is not an island or a resort!
Yes, but there are resorts on Vancouver Island. Does that count?
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Old 07-09-2015, 05:31 PM   #17
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Yes, but there are resorts on Vancouver Island. Does that count?
Yes. It makes more sense too!
For those that don't know, Vancouver is on the mainland not on Vancouver Island.
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Old 07-09-2015, 05:34 PM   #18
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I think it was the Economist that downgraded Vancouver because of congestion on the Malahat highway ( which is on Vancouver Island and would require a ferry to get to ). So much for fact-checking.
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Old 07-09-2015, 05:44 PM   #19
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Same problem is happening in California, in Silicon Valley...(once known as The Valley of Hearts Delight, when there were such things as orchards). Much of the recent ramp up in prices, and a building boom, is attributed to folks getting their money the heck out of China.
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Old 07-09-2015, 05:53 PM   #20
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Same problem is happening in California, in Silicon Valley...(once known as The Valley of Hearts Delight, when there were such things as orchards). Much of the recent ramp up in prices, and a building boom, is attributed to folks getting their money the heck out of China.
I have a customer in Santa Cruz, Bob. Love visiting there. Silicon Valley, where my corp HQ is located, not so much. Of course, real estate is sky high in both places. I was offered a job once in Cupertino, and the salary was about twice what I made. Turned it down flat because due to the housing costs, it would actually have been a net pay cut. Besides, when it's all said and done, as much as I love the views in California, I'm a Texan.
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