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2017 BC General Election + subsequent fallout


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#2321 LJ

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Posted 11 July 2018 - 07:12 PM

They are chopping down forest for housing. That is the very definition of urban fringe. Esquimalt or Oak Bay would be streetcar and inner ring suburbs.

But the COV was always a barren wasteland just waiting for something to be built, right?


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#2322 sdwright.vic

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Posted 11 July 2018 - 07:14 PM

But you prove the point, look there is no reason a new house should cost over $500K. I got a friend that builds them. He even tells me this. It's just the market and the land are so over inflated because of... who knows what. But IF you could keep building and still make a profit at $400K why not. The same reason why prices go up in the grocery store when there is a shortage of something, then supply returns but the prices just don't quite go back down to what they were. They figured out they could sell it at the higher price.
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#2323 RFS

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Posted 11 July 2018 - 07:21 PM

Houses still get built in markets that are not "Red hot"



#2324 Coreyburger

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Posted 11 July 2018 - 07:24 PM

But the COV was always a barren wasteland just waiting for something to be built, right?

 

No. At one point, the urban fringe was Saanich and before that Oak Bay & Esquimalt. And Saanich used to have Langford's massively pro-growth agenda (which is why Central Saanich exists, they split off in 1950 because of it).



#2325 LJ

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Posted 11 July 2018 - 07:26 PM

No. At one point, the urban fringe was Saanich and before that Oak Bay & Esquimalt. And Saanich used to have Langford's massively pro-growth agenda (which is why Central Saanich exists, they split off in 1950 because of it).

So it was necessary for Victoria to chop all the trees down but it wasteful for Westshore to do it. Got it.


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#2326 sebberry

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Posted 11 July 2018 - 07:43 PM

Yes, it's only urban sprawl if it happens after you were born or moved to the city.  If houses existed before that, then it's just the way it always was.


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#2327 Casual Kev

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Posted 11 July 2018 - 10:11 PM

Yes, it's only urban sprawl if it happens after you were born or moved to the city.  If houses existed before that, then it's just the way it always was.

 

Are you telling me the Coast Salish didn't first settle in Victoria because of the quaint colonial architecture and the year-round golf courses?



#2328 Mike K.

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Posted 12 July 2018 - 07:04 AM

No. At one point, the urban fringe was Saanich and before that Oak Bay & Esquimalt. And Saanich used to have Langford's massively pro-growth agenda (which is why Central Saanich exists, they split off in 1950 because of it).

 

And fast forwarding 100 years that urban footprint has extended eight kilometers to the west as the bird flies from the border of Esquimalt, with about 1.5 kilometers of that distance being Esquimalt Harbour.

 

What are we even fretting about? Bear Mountain is 12km as the bird flies from downtown Victoria. You can't even get from one end of the City of Vancouver to the other in 16km. And it's literally the same distance (but over land without a harbour in the way) from downtown Nanaimo to Woodgrove Centre and nobody bats an eye.


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#2329 spanky123

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Posted 12 July 2018 - 08:38 AM

Most successful businesses want to maximize profits, that is a tenent of the free market economy. Although I have in the past predicted that prices could drop, the best I see happening now is a flattening of growth. The reason for the change in opinion is that there are so many large markets now with prices far in excess of what they are here that well priced inventory will get snapped up quickly for the foreseeable future by people who could move here and still pocket a small fortune.

 



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