But my experience is that the people that I know in the planning and architecture fields talk very e

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Seeking Value In RE And Other Spheres When my PhD is done, I'll be more than happy to shake the dirt of Vancouver off of my shoes. Pretty much any other city I go to in North America has either a lower cost of living or better ramada inn norwalk ca job opportunities or both.
As part of the work being done by the Mayor's Task Force on Housing Affordability, re:THINK HOUSING , an open ideas competition, has been launched to generate a broader discussion of possibilities for Vancouver's affordable housing crisis. Aimed at everyone who has an interest in affordable housing, from the general public, to designers, planners and architects, to philanthropists, non profits and financial institutions, the Ideas Competition seeks to create the space for provocative, bold new ideas that address Vancouver's affordability challenge head-on.
Seeking ramada inn norwalk ca Value In RE And Other Spheres When my PhD is done, I'll be more than happy to shake the dirt of Vancouver off of my shoes. Pretty much any other city I go to in North America has either a lower cost of living or better job opportunities or both.
Artificial islands are far from affordable. They require extreme investment upfront and massive amounts of capital to keep them from dissolving back into the bay. See current examples found all over Japan (KIX airport), Dubai, Bahrain, etc.
But here s the kicker: Without any real jobs to bring people into Vancouver (you can t all be barristas, ramada inn norwalk ca realtors, and UBC profs) you won t even be able to attract the population required to create the demand for such extreme housing developments. Vancouver is likely ramada inn norwalk ca to slip into a retired pensioner s paradise if they don t act quickly to create new long-term highly-valued employment opportunities.
Actually, ramada inn norwalk ca most of the new UBC profs I know live in tiny sky boxes, an hour commute out in the suburbs, or are up to their ears in debt. Remember that years of grad school followed by a half-decade of post-docing leaves them with very little savings. Either mortgage up or buy small and/or far out, because you don t have a damn thing for down payment.
Honestly, when my PhD is done, I ll be more than happy to shake the dirt of Vancouver off of my shoes. Pretty much any other city I go to in North America has either a lower cost of living or better job opportunities or both. The only way I lose as a trained scientist is by staying in the lower mainland. This is the sentiment amongst pretty much every other grad student I know who doesn t buy in to the best place on earth dogma.
Vancouver has become a place where young people piss away their 20s in pseudoretirement and student ramada inn norwalk ca debt and a resort town for the pacific rim economic elite and babyboomers who bought property pre-2001.
#1) Even though the UBC salaries are not that high, the family take-home pay is often high. Amongst my colleagues (some male, some female), the most common occupation of their spouse is lawyer. There are also several spouses that work as medical professionals, and several spouses that are both profs. There are of course some spouses ramada inn norwalk ca who don t work or have negligible incomes too.
#2) Profs tend to get hired at a very slow rate. Not that many were hired within the past, say, 8 years. The ones that were hired more than 8 years ago have typically not had much difficulty with housing.
I agree. As a highly trained specialist, it usually makes sense to go where your skills are valued and appreciated, and you can be financially rewarded for having those skills. It is difficult to argue that Vancouver abounds in such opportunities for highly trained scientists (there are exceptions, e.g., geologists and forestry-related ramada inn norwalk ca scientists).
Hello UBC types. I have a sister-in-law who graduated form UBC with a PhD in BioChem. just a few years ago. She would have happily stayed in Vancouver, actually she would have happily moved anywhere she had to, for a post-doc or tenure-track position. ramada inn norwalk ca RE was not an issue, simply landing a good job was #1. My understanding is faculty positions are difficult to come by. A good friend of mine with a new doctorate was just offered a position at UPEI and he is extremely happy, again RE not a factor, just getting an offer was the trick. I sometimes wonder ramada inn norwalk ca if we place too much weight on the significance of Vancouver RE in regards to career, especially ramada inn norwalk ca in the early years. After all, renting is always a great option, even for professionals. Regardless, my sister-in-law landed at Stanford, and rents.
Vancouver has become a place where young people piss away their 20s in pseudoretirement and student debt and a resort town for the pacific rim economic elite and babyboomers who bought property pre-2001 . BordelloGhettoDweller
Sadly, UBCGhettoDweller, the phenomenon isn t restricted to YVR (albeit, YVR s RE market distortions arguably exacerbate it) Here s a timely piece from NewsWeek s Joel Kotkin on GenerationScrewed that addresses those themes
The prospect of downward mobility is most evident in recent discussions about the future ramada inn norwalk ca of the housing market. Since World War II the expectation of each generation was to own property, preferably a single-family house. The large majority of boomers became homeowners during the Reagan-Clinton era. Yet it is increasingly fashionable to insist this "dream" must be expunged. If millennials ever move out of their parents' house, they will live in apartments they don't own. There's a lot of talk about a "generation rent" replacing a primarily suburban ownership society with a new caste of city-dwelling renters. "I'm hoping that the millennial generation doesn't set its sights on homeownership as a benchmark of economic stability," sociologist Katherine Newman suggests, "because it's going to be out of reach for so many of them." .
Maybe my calculations ramada inn norwalk ca are a bit off but a recent hire, even with a spouse who is in a professional career track, is essentially priced out of anything but a small condo in Vancouver city itself assuming that they don t want to put themselves dangerously in debt. This being especially true if they have children or are planning on having some soon (but that s a whole other rant about academia.) CIHR and NSERC grants are a crap shoot and many other funding sources have dried up post-2008. Although I understand that UBC has hard money for most principle investigators, missing more than one or two operating grants essentially means you re out of a job these days as best I can tell.
I ve seen a few professors trade up in the real estate market after being in Vancouver for several years. This usually was because they were able to buy a place in East Van, Kits, or Dunbar pre-2004 and trade up as the market got over heated in combination with their income plus the spouse s I also know of one person who related the market to a E. coli growth curve and pointed out that we re hitting plateau phase right now as all economic nutrients have been used up and got the hell out at the peak. Maybe luck, maybe real foresight.
Perish the thought there are vast expanses of undeveloped land in North America, ripe for the picking. Areas of California, once deserts and groves, turned into some of the most progressive areas on the planet over the past 40 years.
The generation screwed needs to figure out other methods of getting what it wants. Muscling in on the previous ramada inn norwalk ca generation s territory is likely going to meet with resistance. From that perspective it should be no surprise apartments are becoming smaller.
I could be wrong, M M but I suspect that particular submission/proposal was a TongueInCheek ShotAcrossTheBows launched by an especially PO, UnderHoused HipsterPhotoShopMonkey (doubtless toiling away for bananas in some D.A.V.E. subsidised subterranean DigitalSweatShop in HollyWood North s GulagArchipelago) Clearly, the inspiration for that proposal are these:
Re-zone the entire city to permit ramada inn norwalk ca townhouses and low-rise apartments anywhere and the market will solve the problem in a year. There will be a few stupid projects, ramada inn norwalk ca but most developers will pick sensible locations.
Also, people blame Vancouver s zoning policies, but Burnaby and New Westminster are equally to blame. How about this: no detached homes are sacred inside the bridges. Most of them aren t single family anyways. The city needs multi-family structures. It has built them in the most haphazard way imaginable. By allowing more appropriate ramada inn norwalk ca structures to be built, this policy would be an improvement.
Not true. Renting in this city is actually quite reasonable, especially when compared ramada inn norwalk ca to owning, and is for me a key indicator of how wacky purchase prices have become. Rental housing, by necessity, tracks much closer to incomes and consequently has less chance of getting caught up in speculative excess.
But my experience is that the people that I know in the planning and architecture fields talk very earnestly about the need for stacking people up with no parking ramada inn norwalk ca spaces, but they themselves live in detached homes and own cars. But they would no doubt call themselves urbanists.
If they would only start making people short again like back in the old days (the dark ages?) we could support a lot more of them in the same space. Might even seem like our horizons expanded ramada inn norwalk ca as we shrunk. New rules. Nobody over 3 feet tall allowed. That should solve the housing problem and peak-people ramada inn norwalk ca at the same time ..nobody ever thinks about that. Not only are there already billions more of us than can comfortably inhabit the planet in a sustainable way but we keep getting bigger, eating more and consuming in proportion ramada inn norwalk ca to to meet our bigger, meatier size. Long before there are islands in English Bay or bouquets of high-rises popping up willy-nilly all over the Lower Mainland, we will see a population crash. I don t mean just us . I mean, all of us. It is global.