“My wife’s sister and husband are both software developers with masters degrees and they moved back to Ontario last year to raise a family as real estate prices became too much for them.”

“My wife’s sister and husband are both software developers with masters degrees and they moved back to Ontario last year to raise a family as real estate prices became too much for them.”
George, first time poster, at VREAA 5 Apr 2012 10:02am

8 responses to ““My wife’s sister and husband are both software developers with masters degrees and they moved back to Ontario last year to raise a family as real estate prices became too much for them.”

  1. Self selection is one reason I’m less than optimistic that Vancouver can make something of itself to the degree and in the form its muses have demonstrated.

    • Agreed.
      The more one considers it, reasonable priced accommodation is such a fundamental requirement for health development of business, arts, education,.. pretty much any endeavour of importance that you can think of in a society. And sensible people will notice when accommodation is grossly overpriced, and it will apply pressure on them to tend to move away. Not all will move, of course, but it applies pressure, there is a tendency, the ‘self selection’ you refer to.
      We know Vancouver will never offer cheap accommodation, that there will always be a beauty/mild-weather premium over the rest of Canada… but the speculative mania has made our RE much more overpriced than we’d expect from that premium alone. Thus, sensible people consider leaving, or not coming here in the first place.

      • Ralph Cramdown

        And yet the industry tries to convince people to change their goals: Raise your family in a condo! Settle for a sketchy neighbourhood with poor schools! Drive ’till you qualify, and spend two or more hours per day commuting instead of with your young family!

        Good luck with that. When aimed at successful professionals not ignorant of house prices elsewhere, it just isn’t going to work on many of them. And the ones that leave are going to be the adventurers, the risk takers and the bold.

      • the industry tries to convince people to change their goals: Raise your family in a condo! Settle for a sketchy neighbourhood with poor schools!

        If only the best SFH neighbourhood will do, then you’ve just explained the high prices on the west side. The fact is that children survive on a regular basis even when reared in condos (but it does help if they are bigger than 800sqft).

        Cities have always been dense, it’s what makes them cities (urbs) – it’s a relatively new (and very North American) thing to believe that any significant city can be made up of leafy suburbs, through the magic of cars, infinite new subdivisions, and great RE marketing.

  2. Why doesn’t the rest of Vancouver (north, south, east) get any love? Fears of sketchy neighbourhoods with poor schools are overblown!

  3. vreaa-like are dime a dozen in every city – even in kabul. fundamental = free stuff.

    • These pretzels are making me thirsty

      Fred
      How old are you ? Really, I am not trying be insulting or anything.
      I really do not think that any mature opinion is left to defend Van RE

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