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Rime
Nov 2, 2011

by Games Forum

Cultural Imperial posted:

I didn't know the government paid to demolish half built condos. That's awesome. I've been telling my friends that the coming crash is going to be glorious because the best place on earth is going to be full of half built husks of buildings blighting its skyline.

Just twenty years from now, when the towers downtown all start having structural failures, will be mighty impressive regardless of when "the crash" finally happens.

It'll be like a sharper, crunchier version of Detroit.

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etalian
Mar 20, 2006

Cultural Imperial posted:

I didn't know the government paid to demolish half built condos. That's awesome. I've been telling my friends that the coming crash is going to be glorious because the best place on earth is going to be full of half built husks of buildings blighting its skyline.

Yeah Vancouver got badly burned by the last condo boom due to the bailout costs for whining owners and having to do expensive demo projects on condos that never got finished due to the market crash.

Let's repeat history, it was so good last time.

JawKnee
Mar 24, 2007





You'll take the ride to leave this town along that yellow line

Cultural Imperial posted:

I didn't know the government paid to demolish half built condos. That's awesome. I've been telling my friends that the coming crash is going to be glorious because the best place on earth is going to be full of half built husks of buildings blighting its skyline.

the best place on earth for urbex

Baronjutter
Dec 31, 2007

"Tiny Trains"

https://www.youtube.com/watch?v=05CBTPBxwEA
Skyscraper squatting, the future of vancouver housing?

etalian
Mar 20, 2006

JawKnee posted:

the best place on earth for urbex

only downside is you have a high chance to be crushed by falling windows.

Rime
Nov 2, 2011

by Games Forum

JawKnee posted:

the best place on earth for urbex

Oh man, it used to be so soooo good here. Everything awesome was gone by 2009. :(

namaste friends
Sep 18, 2004

by Smythe
I really realy really hope the trump tower in vancouver doesn't complete before the crash. That'll be what...30 years of concrete husk?

etalian
Mar 20, 2006

Cultural Imperial posted:

I really realy really hope the trump tower in vancouver doesn't complete before the crash. That'll be what...30 years of concrete husk?

I hope at least the 1 percenter commercial will be remembered:
https://www.youtube.com/watch?v=sRIB1lk0N-c

Rime
Nov 2, 2011

by Games Forum

etalian posted:

I hope at least the 1 percenter commercial will be remembered:
https://www.youtube.com/watch?v=sRIB1lk0N-c

TIL that Erickson designed that piece of garbage, why am I not surprised. making GBS threads on the cities architectural heritage from beyond the grave! :argh:

namaste friends
Sep 18, 2004

by Smythe
There are worse war crimes than Erickson. Take James Cheng for instance. Baronjutter keeps defending that piece of poo poo for reasons I don't understand.

Baronjutter
Dec 31, 2007

"Tiny Trains"

Cultural Imperial posted:

There are worse war crimes than Erickson. Take James Cheng for instance. Baronjutter keeps defending that piece of poo poo for reasons I don't understand.

He bought me a bunch of drinks once, that is all. I also like the vancouver skyline for the same reason I like mirrors edge. It so perfectly captures this clean shiny but utterly distopian future.

etalian
Mar 20, 2006

Baronjutter posted:

He bought me a bunch of drinks once, that is all. I also like the vancouver skyline for the same reason I like mirrors edge. It so perfectly captures this clean shiny but utterly distopian future.

the Dubai of Canada

namaste friends
Sep 18, 2004

by Smythe
http://globalnews.ca/news/1679849/d...117d0d1d2a87fca

quote:

Developer says City Hall holding up his affordable micro suites proposal

A Vancouver developer says he’s trying to create affordable housing downtown but City Hall is putting up roadblocks.

John Stovell of Reliance Properties wants to build about 300 microsuites as part of a new development at Davie and Hornby but the city will not approve them.

“We’re upset when we see the signals coming from the politicians and the City of Vancouver about enhanced housing options and affordability and we know these units rent well they sell well,” says Stovell.

The developer’s first micro suite development in the Downtown Eastside was extremely successful, with suites of about 250 square feet renting for $850 a month.

The City of Vancouver’s Director of Planning, Brian Jackson, says he hasn’t ruled out the possibility of allowing more micro suites, but more study is needed on the impacts.

“We’re definitely not saying no, we think the project is interesting but we have to look at the consequences,” says Jackson.

Mayor Gregor Robertson continues to talk about the need for affordable housing in Vancouver and it was a major focus of the election campaign.

“The market is obviously intense but we have to make sure we look at all different opportunities,” says Robertson.

The city is doing a study on small housing alternatives with the results expected sometime in the new year.

“In our view they’re being far too cautious and taking far too long,” says Stovell.

Micro suites or not, there’s little doubt the demand for affordable housing in Vancouver will only increase in the years ahead.

– with files from Catherine Urquhart


I really really hope these shitboxes get built.

on the left
Nov 2, 2013
I Am A Gigantic Piece Of Shit

Literally poo from a diseased human butt
China can bring the ant people concept to Canada. What a wonderful cultural exchange! Hipsters will rush to embrace the gritty authenticity of cramped, run-down, HK-style slums. So many exciting opportunities abound.

on the left fucked around with this message at 09:04 on Nov 19, 2014

I would blow Dane Cook
Dec 26, 2008
Vancouver needs long term capsule hotels.

Ceciltron
Jan 11, 2007

Text BEEP to 43527 for the dancing robot!
Pillbug
Is "Microsuite" a new word for 1 1/2?

JawKnee
Mar 24, 2007





You'll take the ride to leave this town along that yellow line
$850/month for 250 sqft :psyduck:

Franks Happy Place
Mar 15, 2011

It is by weed alone I set my mind in motion. It is by the dank of Sapho that thoughts acquire speed, the lips acquire stains, stains become a warning. It is by weed alone I set my mind in motion.

JawKnee posted:

$850/month for 250 sqft :psyduck:

Haha yeah, I pay slightly less than three times that much for about eight times as much space, and I'm in a special fancy building and poo poo.

JawKnee
Mar 24, 2007





You'll take the ride to leave this town along that yellow line
im paying a little over $1100 for three times the space in a purpose built rental building. Granted I moved in 5 years ago when rent was 980 but im having trouble believing that prices have gone that wacky

Rime
Nov 2, 2011

by Games Forum
More condos needed to keep up with immigrant demand, CIBC says

quote:

Fears that Canada is building far more condominiums than it needs are overblown because of the hundreds of thousands of immigrants who are moving here in increasing numbers, one of Canada's biggest banks says.

"Ask any real estate developer in any of Canada’s major cities about the risk of overbuilding, and the first line of defence would be immigration and its critical role in supporting demand," CIBC economist Benjamin Tal said in a report Wednesday. "It turns out that at least for now, this claim is more valid than widely believed."

Immigrants already represent about 70 per cent of Canada's population growth at the moment — and half of those who come to Canada are in the prime homebuying age range of between 20 and 45.



Wooooow. :aaa:

LemonDrizzle
Mar 28, 2012

neoliberal shithead
more immigrants required to keep up with condo supply

Ceciltron
Jan 11, 2007

Text BEEP to 43527 for the dancing robot!
Pillbug
The condo supply is expanding to accomodate the expanding needs of the condo supply.

tagesschau
Sep 1, 2006

D&D: HASBARA SQUAD
THE SPEECH SUPPRESSOR


Remember: it's "antisemitic" to protest genocide as long as the targets are brown.
The presence of immigrants doesn't magically create demand if they don't have money. What a superficial analysis.

flashman
Dec 16, 2003

tagesschau posted:

The presence of immigrants doesn't magically create demand if they don't have money. What a superficial analysis.

Thats why we should only let in the rich ones...

Precambrian Video Games
Aug 19, 2002



Ask any real estate developer whether they think they should stop developing real estate and they will say no, notes CIBC analyst Benjamin Tal

Baronjutter
Dec 31, 2007

"Tiny Trains"

I always find it weird how articles on housing will quote realtors as experts on the subject, as if they were quoting a doctor on the topic of flu shots or something. When a doctor says to get your flu shot and gives out stats and figures he doesn't have a vested interest, he's not selling the shots. News would never go to a used ford dealer asking which makes and models of cars are the best for re-sale as the answer is going to be "used fords!" yet we're perfectly happy to quote realtors on subjects like "is buying a house a good investment" or "is now a good time to buy" or "are we over-building" as if they're some objective professional experts. Do some people not look at realtors with the same mistrust as a lovely used car salesman? Have some people actually bought into the whole REALTOR(r) image manipulation that they are trustworthy objective professionals dedicated to informing and helping their clients?

Culinary Bears
Feb 1, 2007

JawKnee posted:

$850/month for 250 sqft :psyduck:

I pay exactly as much for four times the space in Montreal :quebec:

E: and my in-laws still whine that I'm not buying a condo

Culinary Bears fucked around with this message at 22:31 on Nov 19, 2014

Buskas
Aug 31, 2004
?

Culinary Bears posted:

I pay exactly as much for four times the space in Montreal :quebec:

E: and my in-laws still whine that I'm not buying a condo

Murder your in-laws

Baronjutter
Dec 31, 2007

"Tiny Trains"

I do nothing but criticize local condos, specially the lovely semi-suburban ones that are all 4-story wood frame garbage with surface parking. I just got sort of hired to design one and now I'm terrified of making a bad design. I should tell them to do apartments instead as it's for a church, wouldn't that be better in the long run for them rather than just selling off half their land to a condo?

MiddleOne
Feb 17, 2011

Buskas posted:

Murder your in-laws and buy a condo with their inheritance

Edited to realistically reflect the mentality of the average vancouverite.

Rime
Nov 2, 2011

by Games Forum

Baronjutter posted:

I do nothing but criticize local condos, specially the lovely semi-suburban ones that are all 4-story wood frame garbage with surface parking. I just got sort of hired to design one and now I'm terrified of making a bad design. I should tell them to do apartments instead as it's for a church, wouldn't that be better in the long run for them rather than just selling off half their land to a condo?

Somehow I never picked up that you were an architect. I'm sorry for constantly saying that all modern architects should march off a cliff. :(

etalian
Mar 20, 2006


the only way to solve the high rent problem is to build pile of cramped lovely apartments.

Baronjutter
Dec 31, 2007

"Tiny Trains"

Rime posted:

Somehow I never picked up that you were an architect. I'm sorry for constantly saying that all modern architects should march off a cliff. :(

Nah it's ok I've been out of that game since 2008. This is just a side project I'm doing for a really nice local church. I've got a passion for architecture and urban planing but both of those are horrible soul-crushing careers. Now I just tell developers if their building meets fire code or not and draw signs and poo poo. I get to see a lot of developers flipping their poo poo because they aren't getting occupancy in time for their marketing team's big opening ceremony because of stupid nanny state technicalities like "has fire extinguishers" or "fire alarm system has been verified" or soft on crime stuff like "panic hardware on all exit doors and not have them padlocked at night no sorry burglars or people working late don't deserve to burn to death"

The moment there's any relaxation in fire codes we will absolutely see capital locking their workers in again.

etalian
Mar 20, 2006

Baronjutter posted:

Nah it's ok I've been out of that game since 2008. This is just a side project I'm doing for a really nice local church. I've got a passion for architecture and urban planing but both of those are horrible soul-crushing careers. Now I just tell developers if their building meets fire code or not and draw signs and poo poo. I get to see a lot of developers flipping their poo poo because they aren't getting occupancy in time for their marketing team's big opening ceremony because of stupid nanny state technicalities like "has fire extinguishers" or "fire alarm system has been verified" or soft on crime stuff like "panic hardware on all exit doors and not have them padlocked at night no sorry burglars or people working late don't deserve to burn to death"

The moment there's any relaxation in fire codes we will absolutely see capital locking their workers in again.

https://www.youtube.com/watch?v=dX0EX3Xkmvw

Albino Squirrel
Apr 25, 2003

Miosis more like meiosis

Baronjutter posted:

I always find it weird how articles on housing will quote realtors as experts on the subject, as if they were quoting a doctor on the topic of flu shots or something. When a doctor says to get your flu shot and gives out stats and figures he doesn't have a vested interest, he's not selling the shots.
Hey now, your doctor gets to bill the government $9.82 for giving an injection.

You do a few dozen of those and you're talking microsuite cash :v:

Franks Happy Place
Mar 15, 2011

It is by weed alone I set my mind in motion. It is by the dank of Sapho that thoughts acquire speed, the lips acquire stains, stains become a warning. It is by weed alone I set my mind in motion.
The Globe and Mail, via Ben Rabidoux:

"Loans of six years or longer make up about 69 per cent of the Canadian auto loan market, said Jeff Schuster, senior vice-president of forecasting for consulting firm of LMC Automotive. That compares with 57 per cent in the spring of 2012."

:thumbsup:

Lexicon
Jul 29, 2003

I had a beer with Stephen Harper once and now I like him.
Also from Ben Rabidoux: https://twitter.com/BenRabidoux/status/535506794630897664

Thrilled to be backstopping the mortgage insurance for this horseshit.

Azerban
Oct 28, 2003



Lexicon posted:

Also from Ben Rabidoux: https://twitter.com/BenRabidoux/status/535506794630897664

Thrilled to be backstopping the mortgage insurance for this horseshit.

Should I be concerned that that's my credit union? Didn't expect to see them pop up in here.

peter banana
Sep 2, 2008

Feminism is a socialist, anti-family, political movement that encourages women to leave their husbands, kill their children, practice witchcraft, destroy capitalism and become lesbians.
poo poo, I almost worked for them

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Lexicon
Jul 29, 2003

I had a beer with Stephen Harper once and now I like him.

Azerban posted:

Should I be concerned that that's my credit union? Didn't expect to see them pop up in here.

You should be concerned as a Canadian citizen and taxpayer, but not necessarily as a customer. It's not like they're taking on any risk – the CMHC is happily covering that.

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