Struggle to live here is simply too hard - says Chilliwack lady in 400 sqft unit...

nightswhisper

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westwoody

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Jun 10, 2004
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The woman in the article is a NY native, hence the comparison.
The couple are both musicians, so living in a densely populated area would suit them better. Her main complaint is the many hours spent commuting.
The comments are interesting.
She complains about choosy landlords are but has three (!) dogs and two small children. What does she expect?
 

carvesg

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Feb 2, 2010
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The woman in the article is a NY native, hence the comparison.
The couple are both musicians, so living in a densely populated area would suit them better. Her main complaint is the many hours spent commuting.
The comments are interesting.
She complains about choosy landlords are but has three (!) dogs and two small children. What does she expect?
I agree with you that the dogs turn off most Landlords .

.s. Your choice of word is funny though .... should she give up the dogs or the kids to improve her chance to find a place ? :decision::yield::D
 
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westwoody

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Dogs alone might be okay, children alone might be okay, dogs plus children no way.
Do landlords in NYC allow dogs?
 

storm rider

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I visited Vancouver on the July long weekend to sort out some of my fathers estate.I did notice the highway between Abbottsford and the new bridge is getting widened but that can only help so much.When it comes down to brass tacks more and more people
are moving out to the fraser valley as it is the only thing they can afford.You can buy a house in Chilliwack for less than $500,000.I did pay my sister inlaw a visit and I was shocked that she was paying $2500 a month for a small 2 bedroom apartment in West Vancouver.That monthly rent was more than triple what my mortgage was when the rate was 6.75% due to me being in a high ratio mortgage.

SR
 

JimDandy

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May 17, 2004
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Lower Mainland, B.C.
I visited Vancouver on the July long weekend to sort out some of my fathers estate.I did notice the highway between Abbottsford and the new bridge is getting widened but that can only help so much.When it comes down to brass tacks more and more people
are moving out to the fraser valley as it is the only thing they can afford.You can buy a house in Chilliwack for less than $500,000.I did pay my sister inlaw a visit and I was shocked that she was paying $2500 a month for a small 2 bedroom apartment in West Vancouver.That monthly rent was more than triple what my mortgage was when the rate was 6.75% due to me being in a high ratio mortgage.

SR
That seems like a lot of rent for a 2 bedroom. I also live on the north shore and I am only paying $1400 rent for my 2 bedroom. She must have one hell of a view!

Unless, of course, you meant Vancouver West, which is not on the north shore and which is likely more expensive.

JD
 

80watts

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May 20, 2004
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One problem is transportation. The trans-Canada highway needs to be 8 lanes from Chilliwack to Vancouver. Subway/rapid transit to. Car parkcades near transit stations. Expo 86 got the rapid transit and the governments just sat on their asses ignoring the problem of congestion.
Another is the price of land/ housing . This is the greed of modern society. Banks,realtors and house owners over the last 35 years have kept jacking the price/value up where the owners can’t afford to lose money. Part of this is the free capital gains on your residence. People have taken advantage of this while fucking over the people behind them.
Then their are the rich who make you pay for their houses/apartments. Hence the high rent....
And finally it is more important to be seen taking care of people then to actually care for them.....and plan for the future.
 

nightswhisper

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Feb 20, 2016
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One problem is transportation. The trans-Canada highway needs to be 8 lanes from Chilliwack to Vancouver. Subway/rapid transit to. Car parkcades near transit stations. Expo 86 got the rapid transit and the governments just sat on their asses ignoring the problem of congestion.
Another is the price of land/ housing . This is the greed of modern society. Banks,realtors and house owners over the last 35 years have kept jacking the price/value up where the owners can’t afford to lose money. Part of this is the free capital gains on your residence. People have taken advantage of this while fucking over the people behind them.
Then their are the rich who make you pay for their houses/apartments. Hence the high rent....
And finally it is more important to be seen taking care of people then to actually care for them.....and plan for the future.
I have not met a single multiproperty owner who, between taxes, mortgage, maintenance and upgrades, make money off rent in a meaningful way.

I own three properties in addition to my principal residence. Most of my value comes from land price increase YTY. My rent charge is based on city property tax, inflation and general expenses.

In fact I've almost always barely broke even, especially if I get unlucky and have a delinquent Tenant who squat. Tenancy laws heavily favour tenants and I'm owed more than 30,000 over the last five years.

Of course some profit. There's nothing wrong with profiting off your tenants. If you have issue paying mortgage for the rich then move out of a capitalist state and into a Communist one.
 
Dec 28, 2015
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That seems like a lot of rent for a 2 bedroom. I also live on the north shore and I am only paying $1400 rent for my 2 bedroom. She must have one hell of a view!

Unless, of course, you meant Vancouver West, which is not on the north shore and which is likely more expensive.

JD
I have my 2bd townhouse rented out at 2000, unit next door is rented at 2450 with no deck, these are 1000sqft places in squamish. I’m not shocked at 2500/month in the lower mainland, especially with something to do once the sun goes down unlike up here
 

storm rider

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Well for what it is worth the apartment is in Kerrisdale if I remember correctly.Like I said I thought the $2500 was disgustingly high.I can only think it includes all utilities at that price.

SR
 

JimDandy

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May 17, 2004
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Ok. You need a geography lesson. Kerrisdale is in Vancouver West (which is in Vancouver), not West Vancouver which is an entirely other city and on the other side of the water on what is referred to as the North Shore.

Kerrisdale is probably the most expensive area in all of Canada to live, so no wonder her rent is what it is. I doubt very much there is a house in Kerrisdale that is not at lest 3 million $ and the average will be between 4 and 5 I would expect. If she moved just a few kms south and west to Marpole, still in central Van, her rent would be 50% less. I gather your sister is pretty wealthy to be living in Kerrisdale.

JD
 

deathreborn

Active member
Jan 17, 2011
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One problem is transportation. The trans-Canada highway needs to be 8 lanes from Chilliwack to Vancouver. Subway/rapid transit to. Car parkcades near transit stations. Expo 86 got the rapid transit and the governments just sat on their asses ignoring the problem of congestion.
Another is the price of land/ housing . This is the greed of modern society. Banks,realtors and house owners over the last 35 years have kept jacking the price/value up where the owners can’t afford to lose money. Part of this is the free capital gains on your residence. People have taken advantage of this while fucking over the people behind them.
Then their are the rich who make you pay for their houses/apartments. Hence the high rent....
And finally it is more important to be seen taking care of people then to actually care for them.....and plan for the future.
It was supposed to be widened to 3 lanes each way, but the NDP have scrapped it for now and instead are installing this stupid variable speed zone device which will do absolutely nothing. So valley people are stuck with the miserable 2 lanes for the forseeable future. The infrastructure is a complete joke in the Lower Mainland. An area of 2.5 million people and there is only one highway with more then two lanes each way being Hwy.1 from Langley to Willingdon. Comparable cities have multiple highways with 3-4 lanes each way.

Agree with the comment about real estate agents. They've become more corrupt then lawyers, consumed by greed getting those fat commission checks for doing very little since properties basically sell themselves these days. A profession that requires no education making more money then a surgeon or engineer, occupations that require a substantial education just doesn't seem right.
 

87112

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Dec 13, 2004
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*&^%
I am very surprised by the amount of people who do not DIY a home sale. People seem very willing to cough up thousands and thousands in fees in a hot market. Why??? Everything you need is online to be learned and there are tons of people who will help you out for less than the crooks at John L Scott, etc etc.
 

ddcanz

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Feb 27, 2012
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right here and now
Of course some profit. There's nothing wrong with profiting off your tenants. If you have issue paying mortgage for the rich then move out of a capitalist state and into a Communist one.
I fucking love it! :)
Entitlement ends on the other side of the door- sorry folks, suck it up.
 

sybian

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Dec 23, 2014
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or move to the Maritimes where you can still buy a new home for 250K or rent for $500 a month.

JD
That's true....and then one can afford to buy 8 cords of firewood to heat your home, as you watch the sea water freeze from the comfort of your blazing less expensive fireplace.
 

80watts

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May 20, 2004
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Victoria
Lower mainland has better warmer weather then the rest of Canada (Most places get snow) ... not as cold during the winters as much. Spring and Fall are awesome....

Vancouver and Toronto (Canada's largest and hottest housing markets) are cheap compared to world standards. Are most Foreign buyers are buying outright, and are 30-50% foreign buyers estimated to be using illegal funds from outside Canada? ? When Hong Kong was being turned over to China, alot of people were running to Canada (Vancouver) and bringing their money with them, sending their kids to school over here. You can be sure the criminal element made it over here too. And real estate is a good money laundering oportunity when it crosses international lines.....

Even BC Casino's are being suspected of laundering cash through its system..... Cause the banks are doing the same.

The HSBC bank in the US was caught laundering money for extremist groups/drug cartels and the persons in the HSBC in the states that did that; got off scott free from prosecution as long as they handed over information on the bank accounts....(Netflix doc). So if the competitor is doing it, you can bet money that the others are doing it too.

As for rich people I'm talking about persons that can afford to purchase houses outright....
 
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