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Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

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Old 02-21-2024, 03:54 PM   #30301
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There's a million ways to show how absurd RE prices are here, but what do you want the government to do?

Anything draconian they do to drive prices down will put everyone underwater and bankrupt 70% of the country that has a mortgage.

It's either do nothing ($0 and no homes) or do something ($800M and some homes) at this point?
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Old 02-21-2024, 03:57 PM   #30302
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5 days ago Eby announced 66 units being built in Victoria for 23 mill. That's 390K a unit. That's not bad.

https://www.cheknews.ca/23m-announce...-land-1191243/
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Old 02-21-2024, 04:54 PM   #30303
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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.
I wouldn't overestimate the city's ability to adopt new technology, also, AI would be too efficient, the city wouldn't be able to handle all of these extra violations/cases.

CRA is already overstretched in regards to audits and violations, imagine dumping even 100 new files per year on their desk, they would not be able to handle it.

A client of mine is a senior corporate auditor for the CRA and she said the average audit is 8-10months and her workload is maxed.

There is no need for AI because the data they already have, they can't service it.
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Old 02-21-2024, 05:42 PM   #30304
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Municipalities aren't dumb, they know there are thousands of illegal suites out there. They don't actively search them out and do anything about it, because it puts innocent people (the tenants in those units) out of a home and would exascerbate the housing issue even further, and it's really of no major benefit to the municipality.

As such, It's generally only dealt with on a complaint basis.
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Old 02-21-2024, 06:02 PM   #30305
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Massive crane accident with 1 fatality at Oakridge !! Heartbreaking for said worker and family. Now no superstitous Asian will want to live here!

Edit: crane dropped a load, not technically a crane acccident.

https://vancouver.citynews.ca/2024/0...cident-cambie/




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Old 02-21-2024, 06:39 PM   #30306
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Just heard that, yes cursed property now. I wonder if it was an illegal immigrant
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Old 02-21-2024, 07:12 PM   #30307
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Developers with no crane experience building high rises :/

I can’t even imagine how many crane collapses happen in China, Dubai, etc. that you never hear of. If you’ve got 10 minutes to watch a YouTube video on how these tower cranes are assembled, it involves an insane amount of precise human interaction in the errection hehe and dissambly
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Old 02-21-2024, 07:27 PM   #30308
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I was driving by this yesterday and was thinking holy crap what an operation. External elevators, cranes swinging all over the place. 1700 employees on site! That’s nuts.

Is it Westbank? Poor bugger, whoever it was
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Old 02-21-2024, 07:37 PM   #30309
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Quote:
Originally Posted by Hondaracer View Post
Developers with no crane experience building high rises :/

I can’t even imagine how many crane collapses happen in China, Dubai, etc. that you never hear of. If you’ve got 10 minutes to watch a YouTube video on how these tower cranes are assembled, it involves an insane amount of precise human interaction in the errection hehe and dissambly
It wasn’t a crane collapse… a crane dropped part of its load.

And how is this the fault of the developer?
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Old 02-21-2024, 07:41 PM   #30310
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Ah, the picture I saw made it look like the crane had buckled

In these recent crane incidents it looks like the crane company contracted out to work on the cranes have all been relatively inexperienced. Definitely the case in the Kelowna accident
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Old 02-21-2024, 10:02 PM   #30311
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I can’t even imagine how many crane collapses happen in China, Dubai, etc.
Dubai / Abu Dhabi are kinda gross cities

They are entirely built by modern day slaves, and yet the city is littered with these massive portraits of their "leaders" that are praised for "building" what the cities are today

The more i travel, each time i realize how easy everyone has it in BC in comparison to 99% of the planet. Regardless of your income level
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Old 02-21-2024, 10:38 PM   #30312
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"“The table was being pulled out and, for whatever reason, it started spinning and it hit the side of the building. Once it hit the side of the building, the … piece that holds it to the crane came loose and it fell,” another worker explained. “It fell… and it came smashing all the way down.”"

Ugh... This is super sad to hear about. I really hope he didn't have a wife and kids... fuk man.
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Old 02-22-2024, 09:52 AM   #30313
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I was heading west on W41st this past Sunday when I passed by the Oakridge site. Looking at the massive amounts of construction and right lane closure, I distinctly remember telling myself that I will take 49th on my way home instead (heading back east) because I didn't want to drive right next to some sky high construction immediately next to me.

And BAM this happens...

For those who haven't seen the debris dropping video, here is City News reporting on it. The debris dropping part starts at ~26s mark, and being a public news reel, there is no gore in there at all.

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Old 02-22-2024, 10:17 AM   #30314
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i was wondering if any material feel to the street, looks like it did
scary stuff
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Old 02-22-2024, 10:25 AM   #30315
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HS ... !!! Yah, good idea not to drive close by sites like this. 'Person crushed by the materia ...
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Old 02-22-2024, 11:43 AM   #30316
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Damn, I live nearby and drive on Cambie & 41st quite often. Moving forward, will try to avoid southbound on Cambie and eastbound on 41st.
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Old 02-22-2024, 12:10 PM   #30317
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Originally Posted by Traum View Post
I was heading west on W41st this past Sunday when I passed by the Oakridge site. Looking at the massive amounts of construction and right lane closure, I distinctly remember telling myself that I will take 49th on my way home instead (heading back east) because I didn't want to drive right next to some sky high construction immediately next to me.

And BAM this happens...

For those who haven't seen the debris dropping video, here is City News reporting on it. The debris dropping part starts at ~26s mark, and being a public news reel, there is no gore in there at all.

https://www.youtube.com/watch?v=iILZpStU3rI
Fuck that’s badddddd
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Old 02-22-2024, 01:50 PM   #30318
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"“The table was being pulled out and, for whatever reason, it started spinning and it hit the side of the building. Once it hit the side of the building, the … piece that holds it to the crane came loose and it fell,” another worker explained. “It fell… and it came smashing all the way down.”"

Ugh... This is super sad to hear about. I really hope he didn't have a wife and kids... fuk man.
https://bc.ctvnews.ca/worker-killed-...-say-1.6779484

Quote:
The worker killed when a crane's load came crashing down at the massive Oakridge Park development project in South Vancouver this week was a mother of two, sources tell CTV News.

Authorities have not released the woman's name.

She was killed Wednesday afternoon in what Vancouver Fire Rescue Services initially described on social media as a "crane incident" at the worksite, located on Cambie Street near West 41st Avenue.
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Old 02-22-2024, 02:05 PM   #30319
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Seems like a great way to deter house flippers

Last edited by haha13; 02-22-2024 at 02:05 PM. Reason: Remove quote as it is embedded in the twitter link preview
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Old 02-22-2024, 02:10 PM   #30320
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^ I think the full tax for 2 years wouldn't be out of question, and prorate for year 3. The move to making it not a viable short term investment vehicle would be important.
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Old 02-22-2024, 02:34 PM   #30321
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lol here comes the 3 year short supply of homes while nothing is listed. Lol
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Old 02-22-2024, 02:59 PM   #30322
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Kind of mixed here, those who buy houses to hold and immediately sell just banking on short term land value increase are a problem, but those who buy and do heavy renovations to properties which would otherwise be uninhabitable so are legitimate business in my view. They work that they're performing is in fact adding value, they're taking on financial risk in the process.

Not a lot of FTHB's have the financial capability to buy a property and then immediately throw a 200K reno on top, and they don't have to live through a year of living in a construction zone.

Here's one such house in my neighbourhood:

https://www.realtor.ca/real-estate/2...anich-glanford

House was a complete "old granny special" a year ago

Although, I wouldn't put it past NDP using this as a sneaky way to further discourage SFH housing by removing the incentives to reno them, and get them torn down quicker.
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Old 02-22-2024, 03:02 PM   #30323
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I think it will be fine, buddy guy buys house, rents it out, by the time cov drags their ass to give permits, they tear down and rebuild it will take two years anyways. ??? Profit
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Old 02-22-2024, 03:02 PM   #30324
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It looks like there will be exemptions to flippers who add an additional unit within the dwelling:

https://globalnews.ca/news/10311381/...20tax%2Dexempt.
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Old 02-22-2024, 03:03 PM   #30325
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What happens in a case like this? Work safe pays out? Or sue the company?
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