How bad is the housing crisis in Vancouver? Bidding wars for Campers

I live outside Vancouver, in a place called Abbotsford ( most of the people who live here are from India ) . I rent for $2600 , 3 bedroom , nice area . The house we rent is over a garage from the main house . The Main house was built by an Indian family. The house was built 3 yrs ago and was worth about 1 .5 mill now it’s worth 3.5 million .



My 2 cents

I’ve lived outside Vancouver for over 30 yrs

China owns most of Vancouver, we call it Hongcouver

If you are from China , you know that there is a Dragon put on a world map and

Chinese who want to prosper live on the Dragon = Vancouver is the

Tail of the Dragon on the map - that’s why

Really like this guy - thanks for the post!

Definitely how it is where I live. There is no *affordable* housing - and lots of apartment complexes have been built this year - but really expensive and not geared towards anyone who has a low or even middle income. The developers pay a fee to the state to opt out of having any of the units put into *affordable* category. Totally heartless.

Last Edited by ~Sloane~ on 03/26/2021 10:54 PM

Just saying, but Abbotsford has some of the best farmland in all of Canada, increasingly it is filling up with suburban sprawl and townhomes. It's happening as far out as Chilliwack. The Island and Okanagan too. The only places Canadians can afford to live in are resource based towns where there is no work.

Question... What is the name of the river that separates China from India?





















... The Fraser!

Toronto, Vancouver Rank Top 5 in ‘Least Affordable’ for Homes Among Metropolitan Areas Globally

"...Hong Kong tops the chart as the least affordable housing market with a rating of 20.7. Vancouver was second with a score of 13.0, worsening by 1.1 compared to last year, according to a report (pdf).

Sydney takes the third position with a 11.8 rating, followed by Auckland at 10.0, and Toronto closely behind at 9.9. Similar to Vancouver, Toronto’s unaffordable rating increase by 1.3 compared to 2019.

Montreal (5.6) and Ottawa-Gatineau (5.2) join the category of “Severely Unaffordable” along with Vancouver and Toronto, but they are not among the top 20...."

[link to www.theepochtimes.com (secure)]

It all started when Britain handed back over control of Hong Kong to China

1st WAVE was wealthy Hong Kong citizens fleeing Chinese takeover

2nd WAVE was wealthy Chinese citizens fleeing Communist rule

3rd WAVE is pre positioned Red Chinese Miltary soldiers on Canadian soil...and welcomed

not much physical land in Vancouver B.C. for the millions and millions still coming

Seattle is the NEW Vancouver...

It isn't just a problem in Vancouver anymore. Lots of people in Greater Vancouver saw the writing on the wall 5 - 10 years ago and left for Vancouver Island and the Okanagan, which drove up prices outside the city, and in turn, as property there is re assessed upwards, so it goes with the taxes. Eventually people that have lived there all their lives find it harder to afford to live in their family home. The exodus also affects local culture and norms, as city people come in and take over.

Another big problem is places like Whistler. People up there have been sounding the alarm since before the Olympics. Most of the properties there are used as short term holiday rentals, usually owned by offshore investors, the stock of residential housing is very small in comparison. Even before the resort was bought by Vail, lifties were sleeping in motorhomes, even cars because they couldn't find an affordable place to live. It takes a lot of staff to run a resort like Whistler, and the staff accommodations have always been inadequate for the number of seasonal workers. There are cases of workers paying $500 for a bunk in a one bedroom apartment, with 3 or 4 room mates.

They closed the resort today because there is a big spike in local cases. They blame the young people, saying they are still partying and being promiscuous, but nobody talks about the obvious, you have workers crammed into small living spaces that go to work, usually in public facing jobs.

A million + for a empty shell of an old rancher with no interior walls, bathrooms, bedrooms or kitchen? Yup, in Toronto:

[link to dailyhive.com (secure)]

A million bucks used to get you your dream home not so many years ago, now it gets you a house that will need tens of thousands of dollars just to make it liveable. Coming soon to a neighborhood near you, if it hasn't already happened.

just left van, homes being sold all over the place. off to the brokenagan

My mother's family is from the Okanagan, we lived there when I was a teenager but I left after high school because there was no work. Tried moving back in 2005, found a good job but after 5 years the business closed. Maxed out my EI looking for a nonexistant job that paid enough to keep rent and bills paid and ended up back in YVR. The Okanagan has changed, used to be salt of the earth people with conservative family values, but now it's full of lefties fleeing Ontario and Vancouver, so much so they actually did something that has never happened before - the elected a Liberal. The affordability crisis has spread there too, lots of people I've known most of my life are faced with giving up their family homes because they can't afford the taxes anymore.

the usual culprits will just continue to blame "white supremacists" for everything and marry in with them

not just the real estate but the chinese also have been snapping up patents within the US legal system as well

the usual culprits will never call them out for it though, even though there are organizations in the west dedicated to promoting only asians.. you will never hear the "asian supremacy" rhetoric come out of the same lying whiners who sold everything off to then in the first place because it was "cheaper"

the funny thing is the chinese back on the mainland know exactly who is behind all the bs and they write about it on their chinese websites

in order to get the real history of what went down a hundred years ago you have to go read about it on a chinese website haha

because if a white guy ever attempt to tell the truth we know that results in an instant terrorist watch list/ban/"storm f4g" sop by the shills

Everything leads back to China and money laundering and our politicians that are all about selling us out for a quick buck.

money long time. Ch een ah has a bit more exp. on this matter. time long money

Lots of Chinese being imported - taking places of Canadians.

Just talked to a new neighbor in the building. The lady that lived in the unit before them was a senior, lived here for 30 years and her rent was $650/month for a one bedroom. She applied for subsidies as a senior on a fixed income but was denied because she has a teacher's pension. So seeing as she can't afford the rent and bills and still eat and take her medications, she was forced to move into a care home which they were willing to subsidize for her. Really sad. So I asked the new tenants about their rent and they tell me they were lucky, rent is only $1200/month.

Guess who owns the building now? That's right, a Chinese investor. Used to be that units in this building included a parking spot, locker and cable tv. Now you have to pay an additional $60 for parking, $30 for a locker monthly, so many people don't. There were so many empty parking spots that the property manager started renting parking spots for $150/month to people that don't live in the building, which means there are non residents with keys to the building. This isn't even a "desirable" neighborhood.

Where’s the UH guy?

UH, we need you uh
I live on Vancouver Island uh
It’s the same here uh
Money laundering uh, like gangsta shit uh
I wrote two articles about it uh
No one wants to publish it uh
There’s a cover up uh
It’s childish uh
When you tell people there’s not but there is uh
I get high uh
I get some weed and smoke it and drink a juice uh
Smoke a spliff with the dreaded Rasta uh

BULLSHIT ABOUT THE TAXES...LIVED IN THE OKANAGAN SINCE 89...THE PROPERTY TAXES ARENT THAT HIGH TO PUSH PEOPLE INTO SELLING...JUST THE PRICE OF THE PROPERTY...

LOWER MAINLAND IS NOT THE SAME...YES THEY ARE HIGH THERE BUT STILL WHEN YOU LOOK ACROSS THE BOARD THE TAXES ARENT THAT BAD YET...

i PAY 1800 A YEAR FOR 8 ACRES IN THE OKANAGAN...IF I COULD NOT PAY THAT THEN THERES A REAL PROBLEM AS ITS NOT THAT MUCH.

Well I am glad for you, sounds like your business hasn't been shut down or seen profits nose dive, or your job hasn't dried up. I guess it also depends on where in the Okanagan you live.

Man you do that guy's schtick better than he does, I say run with it like cinderalla.

So what about 3/4 ton trucks that can tow? These are also being priced out, totalkreig on good cars and trucks, as I have been saying forever. That fucker obummer ruined good working cars and trucks just to be a dick about it, I would have him hung for that treason against American ways, alone.

Housing Sales up 342% in Vancouver for month of April.