Quote:
Originally Posted by jasonturbo
I do see traffic as a tremendous issue for Vancouver.
The cities really need to start expanding pubic transit and bike lanes if they ever want that dream to work - otherwise we're just going to have terrible traffic problems in 10 years.
Imagine looking back ten years from now and saying "I wish things were the way they used to be" - that's where things are heading.
#makevancouvergreatagain
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Watch this video.
DT and Vancouver proper are much safer investment wise for property values. Outlying areas where land is cheaper, think surrey, Coq, mission, langley, etc. These places will suffer more as values drop, and as we urbanize and increase density.
As our cities mature here in canada, we will move towards a system which is much more like London, Paris, etc, where the city center has the highest values, and outlying areas will decrease in value from there.
Notice how already as we are talking about the market stalling, and prices coming down, DT has not seen any affect. It simply wont. Prices in Vancouver DT will not come down any.