I have plenty of friends in the VFX/Art Industry (probably more than 10) and I can assure you they leave here because there is more money to be made in San Fran/LA.

They work for stuff like robot chicken, ILM and major design firms.

Theres money to be made but most people here don't know how to apply themselves.

I agree with you though, Arnold is my god and just reading his book should put the ideas like this into perspective.

My views on vancouver are the same. I've had a rough childhood and an even rougher adulthood so far. Vancouver isn't a home for me and I'm only recently finally learning to apply myself and I'm discovering what I like, what I love and what I need.

Warm Weather + Running my own business.

I can see why people leave, even what I do (estimating commercial projects) they pay way more money almost everywhere. Here it is an absolute race to the bottom but we stay.

If you could remember more about this, and PM me the details I would appreciate it, because I will be going through something similar.

It's called mix-used development, and vancouver needs more of that.

But a priority should be focused on industrial land, or light industrial land, not enough space for businesses, many businesses complain that the rental rates are high in Vancouver. Commercial and industrial vacancies are pretty low here too.

your right on the car thing, we have too many industrial parks that are located soo far away that theres no easily public transit routes that take them there.

Bottom line, we need more supply of commercial/industrial areas in places that are close to skytrains/public transit routes.

Example: the huge developments going up at Renfrew station, and sapperton and king george/ city centre.

I personally think they are under utilizing the area around the renfrew station as the floor area permitted could be a bit higher for some of them.

It really annoys me when the fckers in the real estate industry say we shouldn't be dropping the amortization back to 25 years, and how the change in mortgage rules last year is causing this slowdown.

25 years is just moving it back to what it was originally. It boggles my mind that people would approve someone buying a 450 square feet condo and be paying it off for the next 40 years. Honestly, if you can't afford to pay off your property in 25 years, dont buy!

Takes a while - first volume of sales goes down (now and last 6 months), then inventory all of a sudden balloons, that's why prices start to tumble

We're in stage 1, I predict this spring will see an influx of inventory, then prices will be hit hard over the summer through end of 2013

But these are just my thoughts

This just proves how clueless you are, I'm a designated accountant, and then some. Make 6 figures... Could make way more elsewhere and have many more opportunities elsewhere

Realtors are probably making it up, they always want things to go up, it's the only way they stay afloat

I don't care what you say, the statistics are what matters, not your supposed realtor driven "facts"

I agree with you, although your friends who are making loads of coin are more entrepreneurial, so that is kind of different

It's not what I earn, it's what I get for my money - I could earn more elsewhere and buy more with it - to me that's the problem. But ur right, most ppl have an entitlement problem - it's only going to get worse as our government give more and more away (look at Britain now - makes me sad)

Id like to hear more valued opinions from diesel_test. He seemed to has this stuff figured, doesn't lay on all the educated mumbo jumbo like 4444 and others have. He tells it like it is!

Businesses can't afford to be in that area anymore and that's from the city raising property taxes, if the property taxes were reasonable then the rents would be reasonable to do business there. But it seems like it's happening in every area where the city know's there's a potential for development so the taxes start rising and owners are pushed to sell

I think I value experience over finances. I'd rather have the experience of having a happy neighbor with a BBQ who has parties all the time, than to have to comfort of knowing I have 100% of my property intact.

Last time I was in Calgary, it was 31c and I was so wasted near the Bow river(?) or whatever, and then the next morning when my gf and I were flying out, it was snowing hard. Our Somalian taxi driver rapped along with Tupac perfectly!

Educated mumbo jumbo? I don't have my stuff figured out because I'm educated and can assess the situation without emotion? I should apologize for providing actual facts and analysis rather than Kool aid induced ranting?

They say if you don't like the weather in Calgary wait 5 minutes. :badpokerface:
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yea, cause the guy i get my facts from doesn't have 25+ properties up at any given moment right? give it a rest bud

Why is this becoming a pissing contest of who makes more money, knows more knowledgeable realtors, and in Jason's case, who can drink more in Calgary?

Can we not have a discussion on market indicators? A discussion of trends?

ask him how long they've been on market, or price reductions and how many he sells per month.

not facts until you see numbers.

Yup, a lot of people we know are waiting for the spring to sell thinking it'll be better. Too bad everyone else has that mentality...

Apparently blatent internet sarcasm easily escapes you.

Question:

My boyfriend might want to sell his duplex in May of this year..it's in Burnaby close to BCIT. He's thinking of buying another property (but leaning more into apartment/condos) Do you think he should buy in Vancouver or continue to stay within the Burnaby zone? His property went up quite a bit..

Jason, I am obviously making judgements here and they're very surface judgements so they may not even be accurate. But, I don't think you know much about OWNING property whether it be cars, houses or other tangible items to make an accurate reflection on how different your experiences are from that of someone who would act the way I do, aka, not giving up my land to allow my neighbour to build a BBQ on it.

Of course, I acknowledge that you said that it is your value and that I cannot argue with. I respect your right to have your own value and express it, by all means. However, based on your experiences, which are VERY, VERY, VERY different from mine, you haven't got the slightest clue about how home owners in neighbourhoods treat each other and react with one another.

I have lived in the same neighbourhood for almost 24 years. We've had a few neighbours come and go but the relationship with new and past neighbours has always been the same. When one is going out of town for vacation, communicate with the other to let them know so they can take care of things that may need to be taken care of. When one of our neighbours is having a party that might get a little wild, a simple conversation prior to the party to let us know that they're having a celebration and that there may be a lot of cars, noise and people around, ensures that my relationship with my neighbours is golden. We are home owners as they are. We do not give up our land and DONATE it to one another and yet we still have a better relationship, I'm sure than you do with your one neighbour.

Frankly, I know the way you SAY you like to do things and the way you SAY you'd like the world to operate but that's simply because of your personal experiences. Perhaps you benefit personally, from having a system where you're allowed to take your neighbours property to build a BBQ and then allow to come over and eat hamburgers with you. But unfortunately, in the real world, we operate on the fundamentals of dollars and cents. We cherish families first and our neighbours second. We take care of our own and then we can look to help others that need a handout (aka the neighbour who poorly planned his house and now needs more space but doesn't have any.)

You're probably right, I don't know much about Vancouver's property tax or housing market to make any judgement calls. But I can certainly say, that business has been hurting for the Waldorf for several years now and that doesn't have anything to do with property taxes. Even if your rent/lease is cheap, if you're not generating enough business, your eventually need to make a decision to move ways with your business.

I'm pretty much happy as fuck, and I intend to keep it that way. I feel bad for so many people out there that use their financial wealth as a metric to base their happiness upon.

Hey, that's so Vancouver, and I'll try my best not to judge.

:lawl:
Oh god dude, you fail SO HARD. Internet Sarcasm > You.