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Old 10-23-2013, 05:15 PM   #1401
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I think its gross, but I agree, I don't feel unsafe over there. I feel 1000000000000000000000000000000000x more uncomfortable walking on granville on friday or saturday night going home from work walking past all the drunk fucking buddy guy dipshits taking wild swings into a crowd. The one place in this city I'd never consider living is near the granville downtown dumpster district.
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Old 10-23-2013, 05:16 PM   #1402
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Downtown eastside seems like a good place to investment if you're looking for a long term investment.
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Old 10-23-2013, 05:28 PM   #1403
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wanna share the math with us? what's the ROI. i've looked through the MLS and couldn't find any attractive deals.
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Old 10-23-2013, 06:34 PM   #1404
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Surprised nobody posted this.
Bank of Canada ends rate hike warning, cuts growth outlook - Business - CBC News

Looks like fundamentals will have to wait.
Oh man, real estate is slow.... It's not about a quick turn back to fundamentals, it takes a long time, then prices will overshoot to the downside

The irony is, people say one thing - everyone wants to live in Canada, economy is strong, banks are conservative, yet the BoC says what they said today, I.e. Economy stinks, we suck, our 'survival of the GFC' was nothing more than kicking the can down the road. In 3-5 years, Canada will go through a significant recession.

I have nothing but time, nothing but time - all those ppl who just jumped the gun to buy will be hurt, and I would expect the next little while house sales to be low - recent months sales were pushed forward, simple as that.

Our economy is hurting - no matter what the politicians say, fundamentals rule all - the BoC is proof we suck
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Old 10-23-2013, 06:56 PM   #1405
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wanna share the math with us? what's the ROI. i've looked through the MLS and couldn't find any attractive deals.
And I don't see them solving the bullshit that surrounds it anytime soon. Once they solve drug addiction and mental health issues, those that are buying 350k condos in the ghetto may make some people a few k. Until then, I see the DTES being one of the worst real estate investments in the country.
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Old 10-25-2013, 05:30 AM   #1406
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And I don't see them solving the bullshit that surrounds it anytime soon. Once they solve drug addiction and mental health issues, those that are buying 350k condos in the ghetto may make some people a few k. Until then, I see the DTES being one of the worst real estate investments in the country.
I think the neighbourhood is already changing dramatically and that's without really tackling the homeless issue. The city/developers do this by continuously building new condos and attracting young urban professionals who want to live near DT. Simultaneously they pretend not to see all the poor residents. As these new people move in, they naturally crowd out the homeless/poor. Just look at Chinatown, the entire atmosphere looks vastly different from just 5 years ago. Give it another 5-10 years and another ten thousand young professionals and things will really pick up imo. Of course this doesn't solve the homeless problem at all, it just kicks it down the road.
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Old 10-25-2013, 08:06 AM   #1407
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DTES is where it is at. I work in the DTES....the landscape is completely changing. Heck, Main Street used to be a dump and now it is one of the hippest areas to live. Overpriced as well. Fraser and Knight between King Ed and Broadway are the next areas to blow up in Vancouver.
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Old 10-25-2013, 09:43 AM   #1408
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DTES is where it is at. I work in the DTES....the landscape is completely changing. Heck, Main Street used to be a dump and now it is one of the hippest areas to live. Overpriced as well. Fraser and Knight between King Ed and Broadway are the next areas to blow up in Vancouver.
Really? More areas to build up, left empty because of lack of high paying jobs.

Most of those people living in dtes, yaletown, kits, etc etc are rentals because rents aren't unreasonable here.

There is no long term plan in this city, not until we get real jobs
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Old 10-25-2013, 10:20 AM   #1409
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There is no long term plan in this city, not until we get real jobs
I have to disagree 4444. Long term plan is to build more bikes lanes. The bike lanes will fix everything. Then ticket the drivers driving in the bike/bus only lanes and all that revenue will pay for more bike lanes.

In all seriousness though, I work near the DTES and it isn't working. There are still a lot of empty buildings or buildings that need to be torn down and rebuilt. I pass by Chinatown everyday and only a few stores are actually busy. After 6 pm, it is almost completely deserted.
Even the front door steps to the old police station is fenced in to keep the homeless people from sleeping there.

While there has been some improvements on the DTES, it is much easier for people to move away from there than to move all the DTES people.
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Old 10-25-2013, 10:48 AM   #1410
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well they're housing the DTES people with the SRO renovation project to turn the old heritage hotel buildings in the area in to single person living units for people.
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Old 10-25-2013, 03:16 PM   #1411
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well they're housing the DTES people with the SRO renovation project to turn the old heritage hotel buildings in the area in to single person living units for people.
Funny you mention that I went to look at one last week on Cordova before pricing it. The first thing I was told before the meeting started was, "just so you know anybody who's been here more then 3 days in a row has had there vehicle broken it so make an allowance for deductibles".
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Old 10-25-2013, 03:23 PM   #1412
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do you work for a general contractor?
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Old 10-25-2013, 11:00 PM   #1413
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do you work for a general contractor?
No we subcontract framing, drywall and acoustical ceilings. We've actually been taking a lot more scope on over the last few years and I can see the GC getting phased out as in we don't really need them they are nothing more then a project manager and money broker now a days, way different then 20ish years ago when I started.
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Old 10-26-2013, 08:22 AM   #1414
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I see. Was wondering because we looked at one on Cordova too 1 or 2 weeks ago for electrical
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Old 10-26-2013, 11:10 AM   #1415
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http://thethunderbird.ca/2013/04/04/...-in-vancouver/

some pretty interesting graphs in this article.
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Old 10-26-2013, 01:22 PM   #1416
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Old 10-26-2013, 03:53 PM   #1417
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In all seriousness though, I work near the DTES and it isn't working. There are still a lot of empty buildings or buildings that need to be torn down and rebuilt. I pass by Chinatown everyday and only a few stores are actually busy. After 6 pm, it is almost completely deserted.
Even the front door steps to the old police station is fenced in to keep the homeless people from sleeping there.

While there has been some improvements on the DTES, it is much easier for people to move away from there than to move all the DTES people.
Drove by Chinatown/Hastings a few weeks and notice that a ton of empty buildings and also not much traffic at all. When about 10years ago you can still see people walking around china town and where the library is (there use to be a library near chinatown opposite of RBC).

It seems to me the issue is getting worse.
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Old 10-26-2013, 06:44 PM   #1418
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I see. Was wondering because we looked at one on Cordova too 1 or 2 weeks ago for electrical
Might have been the same job, Heritage building?
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Old 10-26-2013, 07:59 PM   #1419
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Old 10-26-2013, 08:20 PM   #1420
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maybe it's me, but I kinda like the edginess of the Downtown eastside. When you go out, it nice to be somewhere different than Yaletown or Granville.....definitely has grit and character.

I never feel usnsafe on the downtown eastside though

I never feel unsafe living on the 100 block of Cordova street East.


Walking around Granville street late on a Friday or Saturday night is much, much more dangerous for random violence, IMO.
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Old 10-26-2013, 10:45 PM   #1421
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Drove by Chinatown/Hastings a few weeks and notice that a ton of empty buildings and also not much traffic at all. When about 10years ago you can still see people walking around china town and where the library is (there use to be a library near chinatown opposite of RBC).

It seems to me the issue is getting worse.
Carnegie Library is still there.
I still see lots of sketchy looking/smelling people at the Waves/Dollar store/ and other businesses around that Pender/Main st. area.

I think a lot of traffic also avoid that Hastings area because 1) the 30 km/h speed limit for the 6 blocks in the DTES and 2) construction on Cordova near Clark. That area is blocked off so cars getting onto Cordova have to do it east of Clark street. Instead, drivers are taking alternative routes.
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Old 10-29-2013, 12:29 AM   #1422
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No we subcontract framing, drywall and acoustical ceilings. We've actually been taking a lot more scope on over the last few years and I can see the GC getting phased out as in we don't really need them they are nothing more then a project manager and money broker now a days, way different then 20ish years ago when I started.
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Old 10-29-2013, 08:40 AM   #1423
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Carnegie Library is still there.
I still see lots of sketchy looking/smelling people at the Waves/Dollar store/ and other businesses around that Pender/Main st. area.

I think a lot of traffic also avoid that Hastings area because 1) the 30 km/h speed limit for the 6 blocks in the DTES and 2) construction on Cordova near Clark. That area is blocked off so cars getting onto Cordova have to do it east of Clark street. Instead, drivers are taking alternative routes.
I personally think its all these signs that they hung up and down Hastings.



Kind of kills the tourism aspect you know?
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Old 10-29-2013, 08:50 AM   #1424
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Kind of kills the tourism aspect you know?
not for fans of the walking dead.
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Old 10-29-2013, 09:13 AM   #1425
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"Does anyone know the cause of this zombie apocolypse?"

Yeah bro, are you looking for a fancier answer than, "heroine is tasty"?

Ask Cory Monteith. He did the tour.
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