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misery at Vancouver housing cost?

misery at Vancouver housing cost?

Old Jun 19th 2015, 10:38 pm
  #1  
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Default misery at Vancouver housing cost?

www.vancitybuzz.com

Interesting article on 150,000 families thinking of moving out of metro Vancouver due to the misery of housing costs....
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Old Jun 19th 2015, 10:48 pm
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Default Re: misery at Vancouver housing cost?

I see a ton of articles but not the one referred to.
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Old Jun 19th 2015, 10:50 pm
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Default Re: misery at Vancouver housing cost?

Ah, gotta love an iPad. I will try again
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Old Jun 19th 2015, 10:52 pm
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Default Re: misery at Vancouver housing cost?

http://www.vancitybuzz.com/2015/06/8...ng-costs-poll/

Last edited by Howefamily; Jun 19th 2015 at 10:55 pm.
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Old Jun 19th 2015, 11:38 pm
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Default Re: misery at Vancouver housing cost?

Of those polled, 95% have a commute of 45+minutes, so they don't live in Vancouver anyway. So how would they move away if they don't live here?

http://angusreid.org/wp-content/uplo...ousing_ARI.pdf
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Old Jun 20th 2015, 12:17 am
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Default Re: misery at Vancouver housing cost?

Are they miserable about the traffic and the house prices?
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Old Jun 20th 2015, 1:25 am
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Default Re: misery at Vancouver housing cost?

Do we have any BE members living in those blocks in the photo?
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Old Jun 20th 2015, 7:18 am
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Default Re: misery at Vancouver housing cost?

Originally Posted by Aviator View Post
Of those polled, 95% have a commute of 45+minutes, so they don't live in Vancouver anyway. So how would they move away if they don't live here?

http://angusreid.org/wp-content/uplo...ousing_ARI.pdf
But the article and poll are about Metro Vancouver, not Vancouver proper, but the region as a whole. Not until you get to Abbotsford to the east that your not in Metro Vancouver.

Last edited by Jsmth321; Jun 20th 2015 at 7:21 am.
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Old Jun 20th 2015, 8:13 am
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Default Re: misery at Vancouver housing cost?

Seems a fairly pointless survey to me. The "Happy" segment tend to be retired / pre-retired (financially secure) individuals; whereas the "Miserable" segment are young,starting out, and struggling financially. Does it really require 49 pages for Angus Reid to explain all that. Perhaps it's just the segment names that are so uninspired.
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Old Jun 20th 2015, 4:53 pm
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Default Re: misery at Vancouver housing cost?

A couple of years ago I was offered a job transfer to Vancouver. The company paid for me and my family to visit for a few days to look around and talk to some realtors and so on. One of the questions we asked was about school places and the consistent answer was that, if we could afford to live in any of the nice areas downtown (we couldn't without taking a big hit on space) then school places were no problem because every one of the schools had falling rolls. I don't know whether the number of people living down town is falling, but it's clear that the number of younger people there is in rapid decline.
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Old Jun 20th 2015, 8:37 pm
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Default Re: misery at Vancouver housing cost?

I can drive downtown in 40-45 minutes and commute an hour. It is depressing.
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Old Jun 20th 2015, 8:42 pm
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Default Re: misery at Vancouver housing cost?

Originally Posted by Aviator View Post
Of those polled, 95% have a commute of 45+minutes, so they don't live in Vancouver anyway. So how would they move away if they don't live here?

http://angusreid.org/wp-content/uplo...ousing_ARI.pdf
What's considered Vancouver? Is north van, Abbotsford, Tri-cities in or out?

Well I can understand why people who bought at 100k and now have properties worth 2m are happy *jealous*
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Old Jun 20th 2015, 11:22 pm
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Default Re: misery at Vancouver housing cost?

Originally Posted by dishwashing View Post
What's considered Vancouver? Is north van, Abbotsford, Tri-cities in or out?

Well I can understand why people who bought at 100k and now have properties worth 2m are happy *jealous*
Metro Vancouver comes out to Aldergrove. The survey is going to be skewed comparing families in Point Grey, West Van, Poco and ALdergrove. I'd be pissed off too if I had to live in Aldergrove.
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Old Jun 21st 2015, 2:35 am
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Default Re: misery at Vancouver housing cost?

Originally Posted by dishwashing View Post
What's considered Vancouver? Is north van, Abbotsford, Tri-cities in or out?

Well I can understand why people who bought at 100k and now have properties worth 2m are happy *jealous*
Metro Vancouver consists of 21 municipalities, one electoral area and one first nations.

http://www.metrovancouver.org/about/Pages/default.aspx

Going east ends at Maple Ridge and Aldergrove, you also have smaller places like Bowen Island, and Lions Bay which are part of Metro Van.

Originally Posted by Shard View Post
Seems a fairly pointless survey to me. The "Happy" segment tend to be retired / pre-retired (financially secure) individuals; whereas the "Miserable" segment are young,starting out, and struggling financially. Does it really require 49 pages for Angus Reid to explain all that. Perhaps it's just the segment names that are so uninspired.
I agree with you, those settled years ago, mostly or full retired, and bought when prices for housing more reasonably matched income are more or less going to be happier, its the younger generation that is finding it a struggle, the modern job market just doesn't offer the same opportunities as years past.
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Old Jun 21st 2015, 5:39 am
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Default Re: misery at Vancouver housing cost?

Originally Posted by Aviator View Post
Metro Vancouver comes out to Aldergrove. The survey is going to be skewed comparing families in Point Grey, West Van, Poco and ALdergrove. I'd be pissed off too if I had to live in Aldergrove.
What don't you like in Aldergrove? Too small, too slow? Seemed ok in a small town kind of way to me, and far away from those oppressive mountains.
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