REVscene Automotive Forum

REVscene Automotive Forum (https://www.revscene.net/forums/)
-   Vancouver Off-Topic / Current Events (https://www.revscene.net/forums/vancouver-off-topic-current-events_50/)
-   -   Vancouver's Real Estate Market (https://www.revscene.net/forums/674709-vancouvers-real-estate-market.html)

Harvey Specter 10-26-2016 12:49 PM

Quote:

Originally Posted by Mr.HappySilp (Post 8797669)
^^ You know the city is expensive when McDonald's meal cost $10 and even those cheap HK style cafe, BB tea place are all $10+ for a meal.

In Europe the same meal would be costing you almost $20 so still a bargain.

Hondaracer 10-26-2016 01:44 PM

Where aren't those prices like that?

Mainland Europe is all more expensive than Canada

In Switzerland a big max meal was $27 CAD..

CivicBlues 10-26-2016 01:48 PM

Quote:

Originally Posted by Harvey Specter (Post 8797680)
In Europe the same meal would be costing you almost $20 so still a bargain.

Europe is a big place - please be more specific with your sweeping, generalized statements :hotbaby:. In no way are costs similar across countries. (i.e. Greece/Portugal/Hungary is nowhere near expensive as Norway/Denmark/Switzerland and are indeed cheaper than Canada)

Gululu888 10-26-2016 03:38 PM

brentwood still do not have a T&T supermarket (or Foody World or h-mart)!!

so its still not comparable to marine & cambie in terms of convenience. investors, buyers, young first timers and Renters they all look for this.

ppl living at marine gateway can just go downstairs and buy fresh made sushi, drinks, or hot pot ingredients and finish shopping. go upstairs and have hot pot in under 20 minutes.

station square can do this. Brentwood can't!!!

Traum 10-26-2016 03:43 PM

^^ and have absolutely zero concerns about the garbage transfer station just a block away~ :pokerface:

hud 91gt 10-26-2016 05:23 PM

Quote:

Originally Posted by Gululu888 (Post 8797712)
brentwood still do not have a T&T supermarket (or Foody World or h-mart)!!

so its still not comparable to marine & cambie in terms of convenience. investors, buyers, young first timers and Renters they all look for this.

ppl living at marine gateway can just go downstairs and buy fresh made sushi, drinks, or hot pot ingredients and finish shopping. go upstairs and have hot pot in under 20 minutes.

station square can do this. Brentwood can't!!!

I'm not going to lie. I've never purchased from T&T, and have never heard of the other two places you listed. I've also only ever gone for Hot pot in Korea. lol Maybe i'm the minority these days.

Digitalis 10-26-2016 06:58 PM

For starters europe isn't so fond of GMO's and non organic garbage you eat in north america. Which is why there are so many more fat asses this side of the pond.
North America has some of the lowest food standards compared to places like europe and even asia.
Quote:

Originally Posted by Hondaracer (Post 8797695)
Where aren't those prices like that?

Mainland Europe is all more expensive than Canada

In Switzerland a big max meal was $27 CAD..


m4k4v4li 10-27-2016 12:09 AM

Quote:

Originally Posted by Digitalis (Post 8797750)
For starters europe isn't so fond of GMO's and non organic garbage you eat in north america. Which is why there are so many more fat asses this side of the pond.
North America has some of the lowest food standards compared to places like europe and even asia.

except they import their food from north america?

clearly you're an idiot

SumAznGuy 10-27-2016 07:08 AM

Quote:

Originally Posted by m4k4v4li (Post 8797811)
except they import their food from north america?

clearly you're an idiot

No they don't. A lot of the food in Europe is grown or produced in Europe.
Of course, there are times in the year where they need to import as does North America.

Ax2-Y 10-27-2016 07:51 AM

Quote:

Originally Posted by Hondaracer (Post 8797695)
Where aren't those prices like that?

Mainland Europe is all more expensive than Canada

In Switzerland a big max meal was $27 CAD..

https://www.statista.com/statistics/...for-a-big-mac/

you got ripped off

G 10-27-2016 08:25 AM

I heard somewhere that Amazing Brentwood or somewhere in Brentwood would be getting a T&T no?

Hondaracer 10-27-2016 08:51 AM

Quote:

Originally Posted by Ax2-Y (Post 8797845)

Well, some random website is definitely more reliable than actually buying the Big Mac in two different Swiss cities.

Also it was a meal not just the sand which. But dis ain't RE related..

CivicBlues 10-27-2016 09:00 AM

dafuq are you eating Big Macs in Switzerland anyways? :lol

Anyways, back on topic...sorta - Are China FOBs really basing their RE purchases on proximity to Hot Pot supplies?

Let's solve this motherfucking housing crisis then and build T&Ts out in Hope or some other bunghole. :lol

meme405 10-27-2016 09:15 AM

Side note I don't know if you guys unintentionally stumbled upon to the use of the big mac as a means of comparing Purchasing power, and parity.

But the big mac index is actually used quite often when discussing economies and it's actually a really decent way of comparing different currencies and economic factors. It's really informal, but because mcdonalds operates in like 120 countries, and the big mac is served the same way in all of those countries, it becomes a really good means to compare the cost of labor, land, and ingredients.

Since I like this youtube channel, here's a good video:


Ax2-Y 10-27-2016 09:25 AM

Sorry for going off topic everyone, you may now continue grossly exaggerating the costs of goods and services in Europe to justify the outrageous current cost of living in Vancouver.

Tapioca 10-27-2016 09:35 AM

Quote:

Originally Posted by CivicBlues (Post 8797865)
dafuq are you eating Big Macs in Switzerland anyways? :lol

Anyways, back on topic...sorta - Are China FOBs really basing their RE purchases on proximity to Hot Pot supplies?

Let's solve this motherfucking housing crisis then and build T&Ts out in Hope or some other bunghole. :lol

I would think so because why else would Mainland Chinese live at Metrotown? Or Coquitlam Centre?

Great68 10-27-2016 09:41 AM

Man, why does the T&T in Crystal Mall smell so bad?

I had to stay in the Metrotown hilton for a course, and the smell from that place would waft up to the Conference rooms and make me gag.

CivicBlues 10-27-2016 10:04 AM

dead animal carcasses

dat_steve 10-27-2016 11:17 AM

Quote:

Originally Posted by Great68 (Post 8797881)
Man, why does the T&T in Crystal Mall smell so bad?

I had to stay in the Metrotown hilton for a course, and the smell from that place would waft up to the Conference rooms and make me gag.

fuckin durian, man.

Traum 10-27-2016 11:23 AM

Steering the conversation back some old school RE discussion -- is anyone familiar with the area around Rocky Point Park in Port Moody? Say, from around Moody Street up to Ioco? We're considering an apartment / townhouse in that area, and I'm wondering what the pricing trends and prospects are like. Would it be smarter to go into the market soon? or wait a few months / year?

Obviously, the Evergreen Line is gonna start up soon, and I suspect that will be both a plus and a minus.

winson604 10-27-2016 11:31 AM

Quote:

Originally Posted by Great68 (Post 8797881)
Man, why does the T&T in Crystal Mall smell so bad?

I had to stay in the Metrotown hilton for a course, and the smell from that place would waft up to the Conference rooms and make me gag.

There's a T&T at Crystal Mall now?

6o4__boi 10-27-2016 11:38 AM

brought nothing a but a fucking salad for lunch while working through a report

browse RS, scroll mid page and the first thing i see is a fucking big mac

fuck my life.

mikemhg 10-27-2016 11:49 AM

Quote:

Originally Posted by melloman (Post 8797209)
Brentwood was one of the first places to bring all this density in one spot to Burnaby. There isn't much other allure than the skytrain, shopping mall, and the hope that it'll be great.

Metrotown was almost at the same point, but they are abit more spread out, with TheMet towers on the East. The towers going up along Beresford (Central Blvd) on the South, and Station Square in the NorthWest.

If you guys start digging around, Concord (IIRC) wants to place 3-4 towers on TheBay & Sears outside parking lots on the North side of Metrotown. If that goes through, I'm not really going to a shopping mall period anymore.

Brentwoods traffic will be 100% fucked once that development is complete. As no expanded road infrastructure is planned, just more traffic lights.
Kingsway infront of Metrotown is already fucked, and will only get worse if that development by Concord happens.
Lougheed & North Rd are terrible already, and with that development, not much can be done for ways of expansion. Another mall to get fucked.

Yet I'd still rather live in New West/Burnaby than Vancouver. :toot:

They're planning more traffic lights along Lougheed/Willingdon? Are you fucking serious?! It's already atrocious how long the wait is between lights here on lougheed in this area already..Christ I need to leave Brentwood

Tapioca 10-27-2016 11:54 AM

Quote:

Originally Posted by Traum (Post 8797903)
Steering the conversation back some old school RE discussion -- is anyone familiar with the area around Rocky Point Park in Port Moody? Say, from around Moody Street up to Ioco? We're considering an apartment / townhouse in that area, and I'm wondering what the pricing trends and prospects are like. Would it be smarter to go into the market soon? or wait a few months / year?

Obviously, the Evergreen Line is gonna start up soon, and I suspect that will be both a plus and a minus.

Port Moody has already seen quite a bit of price increases over the last year. Prices for condos are now very close to what you would pay at Brentwood.

While there are a few newer low-rise buildings along St. John's, most of the dense residential is by Ioco in the Suterbrook and Klahanie developments. Suterbrook was built by Onni, while Khahanie was a Polygon development. Suterbrook has more of an urban, Yaletown feel while Klahanie is less dense. 2-bedroom condos are now in the 550k range, but they are typically 1000 square feet or more. There are rowhomes in Klahanie that are now in the 700K range.

Newport Village is an older development that has a number of low rises and high rises. The prices are similar what you would pay in Suterbrook or Klahanie. Some buildings were built by Bosa.

If you're looking at townhouses, there are several east of Ioco in the Coronation Park area. That neighbourhood is set for rezoning, so buying a unit there may not be too bad from an investment perspective.

The old heritage homes south of St. John's are going to be all re-zoned for multi-family over the next decade. Some of them have been moved for new rowhomes. These rowhomes arent cheap - they're in the 750K range.

Port Moody city council has taken a much more cautious approach to rezoning around the Skytrain, but my sense is that once the line gets going, rezonings will only accelerate. Murray St, which is right by Rocky Point is designated as an industrial zone, but the city has asked for a change in designation to multi purpose which would allow restaurants, retail, and possible residential in he future.

If you're asking yourself why you would want to live in Port Moody when Coquitlam is 5-10% cheaper, here are some reasons:
- closer to Vancouver
- it's more affluent
- higher gentrification in the form of breweries, bakeries, and restaurants

My view is that New West and Port Moody are the cities where yuppies will go to if they outgrow Vancouver or want to upsize. For this reason, I am quite bullish on these 2 cities.

Tapioca 10-27-2016 12:09 PM

Here's another thing to consider for anyone looking to buy along the Evergreen Line: TransLink will only be running 2-car trains along the entire Millennium Line until at least 2018. Considering the crowds during rush hour since the readjustment of the Skytrain lines, my prediction is that once the Evergreen Line is open, it will be full from day one until more trains arrive.

If you're a downtown commuter from the Tri-Cities, you might want to keep paying that West Coast Express premium.


All times are GMT -8. The time now is 05:04 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net