Welcome to Little Vancouver

wetnose

Well-known member
Mar 23, 2003
2,077
481
83
South Vancouver
It relieves the pressure on the Vancouver markets - good.

Existing waterfront property owners in greater Vancouver unable to cash out for highest price - bad.
 

Lo-ki

Well-known member
Jul 18, 2011
4,022
2,654
113
Check your closet..:)
Awesome...let them all go to the States.
Can't wait to see them market crash here in Vancouver.
 

87112

Banned
Dec 13, 2004
3,689
672
113
*&^%
Its feeling like everyone is here in Seattle now, talk about crowded. I use to ride my motorcycles on the weekends cause its was no traffic and stress free. NOT ANYMORE! its up the butt everyday, it even crawled down to the ghetto known as Tacoma. ( just kidding Tacoma).
 

ziggyzoo

Banned
Oct 19, 2014
141
0
0
Not good not bad, they already destroyed Vancouver, they have to find new places to ravage

Those two 20 year olds in my building just bought a new Range Rover, but they have to park it on the street because their two BMW's are parked in the underground, and there are no spots left.

Thank God I moved to 100 Mile, my renters keep me informed on the daily spend fest
 

se7landrover97

Well-known member
Jun 30, 2011
613
551
93
I am just kinda curious why you guys think its good that other people are going to other countries to settle, live or invest? I mean Vancouver is not going to be what it is now without all this people coming in. Look at the jobs they created all these years, the taxes they paid, the property developments that were created, schools, hospitals, recreational facilities, hotels that were built. Look at us 25 or 35 years ago when these were not here. We have gone a long way. Where will we be and how will we be compared to other cities of the world without this development? I read you guys loud and clear but come on.. letting Seattle be the next Vancouver? Seriously? You guys really want that? No offence, but I don't see the goodness in that. The government just needs proper control and oversight but to prevent development and investment spell disaster for us. Why do you thing our kids are starting to find it harder to find jobs now? One last question to all of you is why do you think other cities, like Seattle, Sydney, etc are taking advantage of our new immigration and investment policies by relaxing their immigration law? Almost every well known cities in the world are trying to cash in on this. Why? Just my opinion. :)
 

ziggyzoo

Banned
Oct 19, 2014
141
0
0
Ummm worry not about continued development in Van, just take a drive down Cambie to se Marine, oh my
 

Scorcher123

Active member
Oct 19, 2014
165
45
28
About one third of the condos in Vancouver are owned by off shore owners and areVACANT! Other than the initial tax hit they don't contribute to the community or the tax base. It only pushed prices up and makes Vancouver unaffordable for most. You couldn't go buy a property in China. Why are we selling Vancouver to the highest bidder ? If someone wants to buy here, they should LIVE here. Not just be a place for rich people to park their money.
 

bdan

New member
Apr 11, 2015
221
0
0
Can't remember where I read it but one city has a non resident tax. Can't remember what the figure was but it was very substantial. That would make sense. Particularly if they aren't Canadian citizens. Charge $50,000 a year would make most people pause I'd think.
 

wetnose

Well-known member
Mar 23, 2003
2,077
481
83
South Vancouver
I am just kinda curious why you guys think its good that other people are going to other countries to settle, live or invest? I mean Vancouver is not going to be what it is now without all this people coming in. Look at the jobs they created all these years, the taxes they paid, the property developments that were created, schools, hospitals, recreational facilities, hotels that were built. Look at us 25 or 35 years ago when these were not here. We have gone a long way. Where will we be and how will we be compared to other cities of the world without this development? I read you guys loud and clear but come on.. letting Seattle be the next Vancouver? Seriously? You guys really want that? No offence, but I don't see the goodness in that. The government just needs proper control and oversight but to prevent development and investment spell disaster for us. Why do you thing our kids are starting to find it harder to find jobs now? One last question to all of you is why do you think other cities, like Seattle, Sydney, etc are taking advantage of our new immigration and investment policies by relaxing their immigration law? Almost every well known cities in the world are trying to cash in on this. Why? Just my opinion. :)
The main issue is that the "pop" is only good for a max of 2-3 years - the "pop" being the teardown-construction/renovation of housing stock after it's bought. The buyers of the recent years don't settle here for good; they don't invest in the city/community or start new ventures. Some neighbourhoods get hollowed out slowly as these homes sit vacant; some schools are now reporting that they don't have enough students.

How is this good for the city?
 

87112

Banned
Dec 13, 2004
3,689
672
113
*&^%
About one third of the condos in Vancouver are owned by off shore owners and areVACANT! Other than the initial tax hit they don't contribute to the community or the tax base. It only pushed prices up and makes Vancouver unaffordable for most. You couldn't go buy a property in China. Why are we selling Vancouver to the highest bidder ? If someone wants to buy here, they should LIVE here. Not just be a place for rich people to park their money.
Is this for real 1/3?
The city just feels cold to me. Like another poster said a long time ago, take away the mountains and water and would it be so great?
 

Ray

Well-known member
Dec 21, 2005
1,254
347
83
vancouver
About one third of the condos in Vancouver are owned by off shore owners and areVACANT!
People like pulling numbers out of their ass. There are no stats indicating anything of the sort.
 

se7landrover97

Well-known member
Jun 30, 2011
613
551
93
About one third of the condos in Vancouver are owned by off shore owners and areVACANT! Other than the initial tax hit they don't contribute to the community or the tax base. It only pushed prices up and makes Vancouver unaffordable for most. You couldn't go buy a property in China. Why are we selling Vancouver to the highest bidder ? If someone wants to buy here, they should LIVE here. Not just be a place for rich people to park their money.
I think you're right there in a way and I agree. That's why I said there should be some kind of oversight to make sure that they somehow should contribute to the community. But to shut down our doors completely is just not right. And for us Canadians to make them feel unwelcome bcoz they have more money to park is in my opinion wrong. Seattle? Seriously? They haven't even been in the list for one of the most livable cities for as far as I know. Look at the bigger picture and not just Vancouver, not just BC. Go to just even Alberta alone. There are so many new immigrants who are legitimate skill work force who decided to make Canada their new homes. Maybe I am just afraid that if you allow other cities to develop and prosper we might soon be left with a ghost town. Its like we used to have beepers, then cellphones, then smart phones. We need to move forward even if that is the name of the game.
 
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