Tuesday, July 26, 2016

New Topic: Affordability

(Cross posted from the previous topic)
Anonymous #1 said...According to Realtor.ca there are 279 detached houses for sale in the District and City of North Vancouver and only two are below 1.1 million? One is halfway up Indian Arm and is boat access only, and the other is for a million on a 4,500 sq ft infill lot on Lynn Valley Road. 
Oh and the median price of those listings is 1.79 million 
Anonymous #2 said...What's the discussion? We know what the prices are.
Anonymous #3 said...Since we are all anonymous here... I guess the big one is do we care enough about affordability to do something, or do prefer to just talk about it, and secretly enjoy parks and trails that aren't busy, low crime rates, educated wealthy neighbors, and none of the visible negatives associated with poverty which is more prevalent in other areas?
I never said it was going to be a nice topic.
Central to the whole discussion about housing has to be the seldom mentioned reality that there is a need for more than just detached single family homes and strata developments.

Decently priced rental accommodations need to be part of the mix, as does subsidized housing for those with low incomes - especially our growing senior population.

Even though the District has only about half the proportion of renters that is seen in the City, it's still something that can't be ignored.