The way we do it in CRE is take land and improvements separately. I think it kinda make sense here.

In this case, assuming the house is under parents' name, the way it works is:
First assumption
Land=2M
House=1M (or whatever it cost to build)

When parents pass away and title is transferred to Bonnie&Clyde
Land now worth 3M
House= 700k or whatever the valuation is given.

Bonnie & Clyde only divide the land portion. So, if they sell the house for 3.7M, Bonnie gets 1.5m (for half of the land, but none of the house). Or Clyde can choose to buy Bonnie's share of land for 1.5M and become the full owner of the property.

Is Bonnie all that concerned about it?

My brother in law is on title and lives with my mother in law. We're not exactly hand-wringing and overly concerned about "getting out piece" once my mother in law passes away....

Clyde is putting up all the money for the house and taking care of the parents. Why would Bonnie get 50%

The $2 billion funding announced Tuesday comes from the federal government’s apartment construction loan program, and is on top of the more than $2 billion announced last week by the B.C. government.

Looks like 4 bil for "10,000" homes, 400k a piece, 450sqft 1 bedrooms is feasible

The days of 800sqft feasible "homes" are gone, expect to see more and more micro units. Hong kong micro lofts are next

My useless opinion: 10k homes is a good addition, but if you want to boost construction the only way to do so: is to reduce the amount of red tape, permits, and standards.
The people of vancouver want safety, regulation, etc, and that comes at the cost we see today to build

I lived in a ~450 sq. ft. apartment in downtown Toronto for a while. As a single guy it was totally fine. As a couple, it's manageable if no more than 1 person WFH - and assuming you like each other. We'd need much smarter layouts for a 450 sq. ft. home to be feasible for a couple + a child.

Ah, here's the exact layout of the place I had:
https://www.homeleaderrealty.com/wp-..._2-835x467.jpg

Local company on the Island that does prefab homes onsite. Can set up a factory anywhere. They are building 56 homes on a site in Victoria.

^
They should build 10,000 homes in tofino to piss off the Nimby's

I'm with you, i moved from BC to Toronto with wifey and man, ~495 sq is tough. This is mine.
https://assets.rew.ca/building-group...s/1_nygk1g.gif

WFM with myself barely making it as I don't have a real room.
When both of us WFM, we either have to take turn doing zoom in bathroom or in bedroom. I need my space before we kill each other.

The more I delve into zoning rules (and I'm quite deep into it) the more the rules look like make work projects for city planners - rules that are disconnected from reality, provide no value to the community, and which only increase the complexity of building housing.

My latest adventure with this is when I inquired with Burnaby about extending my 2nd floor balcony beyond the current 4' that it is. I was told that because my house is 60' long that I'm not allowed to do this but that if my house was under 60' long then I could extend the balcony so that my house and balcony were a total of 60'.

My lot is 30x192 so my 60' long house is not unusual - it's still only a 2400sf house and that length limit means my house is built below the size limit that is allowed by zoning and I'm left with my backyard being more than half the size of my lot (which I do like). The 60' limit is some random arbitrary number a planner came up with that serves no value and makes building a house more complicated than needed (this rule explains why my attached garage is only 18' long - they made it as short as they could so I could have more "house").

The number of stupid zoning (and "building standard") rules is crazy - most of it detached from any reality.

They obviously will not be all 1br /bachelor suites though, even though from value/providing housing stand point that would make the most sense.

People will cry there are no 2/3br for families and then cry when the market rate for those units are too expensive.

Also, whatever portion of this is awarded within Vancouver, keep in mind no more gas appliances or heat. A substantial cost savings lost

That's the thing, I don't think Bonnie is concerned about it at all. It was just me scheming in the background in my own mind. She didn't express any of these concerns, it was just be thinking about them on my own and wondering how I would handle the situation if it were me.

I was also considering this as well, but wasn't sure how to value taking care of the parents? Especially, if Clyde isn't charging the parents rent, I guess that should be taken into account long term as well.

I guess the main thing is if there is no discussion about this early on, it can get really messy in 25 years.

They should come up with a system to quantify the care side.

Likely whatever they end up agreeing to will never cover the actual work that goes into it. My dad was largely responsible for taking care of my grandma later in life and one of my cheap fucking loser uncles had the gall to ask where his share of her 2001 ford escape was..

How in the world do you have the energy to worry, be concerned, or think about other people's personal issues (especially if they themselves are not even concerned)? I barely have enough mental energy to figure out my own life! :suspicious:

By chance, do you live with a lot of anxiety?

Didn't have time to respond properly yesterday so I didn't. Making my coffee right now and just sitting down

Fair point about being in the wrong part of town, Bellevue did feel very different. Bellevue gave a very Coquitlam feel to things when we went to Kids Quest and also Bellevue Square. These really aren't things I thought about 10 years ago. Just part of getting old.

The hills weren't really the problem, but rather just the overall quality of roads and the distinct non-care of making ramps useable for anything that's not a SUV. If I stuck with Bellevue DT then my lowered M3 would work. If I lived in Columbia City then it's a definite no.

Every healthcare system has it's caveats, it's just whether if the caveats works for or against you immediate needs.

I will admit I know nothing about Seattle neighbourhoods, but the whole housing stock observation is just that, an observation. I understand that there are probably areas where there are huge mansions etc, but it doesn't change the observation that nowhere in the world seem to do things like Vancouver does with highrises scattered all over the city and SFH that are really 4 units crammed into a plot.

I group Bellevue/Redmond to be more regional centers ala Brentwood and Metrotown, but in Vancouver there's a bunch of highrises in White Rock, they are building it all along Cambie and Lougheed. Highgate was built to be a bunch of highrises before Metrotown was.

Vancouver is very un-North American in terms of layout. In that sense where you don't have to cut across 7 lanes of traffic yes it's more relaxed, but you deal with the 25% saturation of retards, which in turns creates assholes on the road because they are enraged by the retards. Not saying there isn't that in Seattle or San Diego, but overall they seem better at it. Wife did get stressed out even though she was not driving, on how you have to figure out which lane to be in and also cutting multiple lanes all the time.



Funny note how both of you live/d in Seattle and both drive lowered S2k.

^^ This is exactly how I feel about Turd's housing initiative.

I will reiterate that I am not anti-immigration. I know full well that Canada's birth rate falls far short of replacement rate, and throughout modern history, an aging and declining population is generally associated with anything between (economic) recession to society collapse. But right now, Canada's immigration and TFW numbers are too high. We have exceeded our capacity to house everyone living in Canada, as well as our capacity to provide adequate medical care to these very same people. And there is no ambiguity in who screwed our immigration policy up.

ay appreciate ya taking the time ... both responses were actually mine.
Lower was very mild ... 1 inch and the factory lip that doesn't really stick out.

I think in the coming decade on the west coast, you'll see LA and such dramatically move to be more like Vancouver

California's essentially forcing upzoning for a lot of the state via new housing element and builder's remedy if each city doesn't file a zoning plan that upzones enough.

Santa Monica's getting a ton of high rises and Seattle basically eliminated single unit SFH zoning

Hmm. Interesting point. I find that I always think about other people's scenarios if it involves finance/real estate, etc. I figured it's just because i'm interested in that space. If it's another personal issue I don't generally get involved, so I think my fascination is more with the finance/real estate side of things maybe?

In regards to anxiety, I am not sure, but I think it may be more possible as I get older. I'm not officially diagnosed and I do not take any medication. I hear about anxiety a lot these days, so I may have it and not know it?

edit; I'm going to see if there's an online test I can take to see if I have anxiety.

Obviously the coffee didn't kick in yet :nyan:

A builder I’ve been in contact with, his son is developing AI software to basicly nix all city planners lol. He’s currently testing in a couple places in California and I believe he said Vancouver was on the list.

It’s brilliant, but if you think they are bad now, imagine if a computer is making the decisions. Won’t be any common sense at all. lol.

CoV stole 250sq/f from my home sq/f as my garage is a tandem (which meets all their bylaws) it’s just not something they normally do. So they are taking it from the house. Like where the fuck is the logic there? I’m reducing cars on the street and your penalizing us.

Have they looked at the map? Aren't we like the second biggest land mass country in the world. All we need to do is to cut down some trees in North Van, sea to sky and there is plenty of land to build. All those forests along highway one? Just take a few acre's and build houses. Build a skytain along, down highway one and problem solved. There's no point of increasing density if you aren't willing to build the infrastructure to support it.

The professional keyboard therapists of RS would probably say you do not have anxiety.....

(starts a poll "does peanutbutter have anxiety" with yes/no vote lol)

If everyone could succeed there would be no one to oppress.

Honestly like the doctor shortage is the most blatant example of this. Having your entire society healthy with access to good medical care is bad for business in the public/private partnership world.

So based on two mins of google search, the LSAS is apparently a good test of anxiety levels

This is the test I took;
https://psychology-tools.com/test/li...-anxiety-scale

Liebowitz Social Anxiety Scale (LSAS)

Your score on Part A was 27 out of a possible 72.
Your score on Part B was 24 out of a possible 72.
Your combined score was 51 out of a possible 144.

>Scores below 55 indicate little or no social anxiety.

I wouldn't rule out I have anxiety, but according to this test it seems that I do not :shrug:

Can't disclose which firm this was but the lawyer told me this is the future on how they will use AI.
1) please pick the top 25% of people who are most likely lying in their benefits plan.
Eg// 20 - 35 year old who says they don't smoke, party, drink at all.

2) AI will pull up those 25% who they feel will most likely violate reporting wrong / improper conditions.

3) Audit those to ensure they are not and penalize them etc.

4) readjust their benefits plan / rates / premium.

I can see how they can and will do this for the city in a way to see. Eg// please run a report within our database on which Surrey houses have secondary suites but not reporting proper permits / income / violations..

I never thought about this but I was pretty sure he was onto something.

This is how absurd housing is

https://i.imgur.com/LDQz3EG.jpeg

These 3 streets including Belmont ave are worth more than Trudeaus save housing fund.

Belmont ave alone (both sides) is almost 800 million across two dozen properties or so.

This neighborhood does not include the most valuable house in B.C. (Chip Wilson’s home on Point Grey Road)