Quote:
Originally Posted by Winsor_Pilates
This is not to downplay the affordability issues Vancouver faces, but I know so many people who would never consider buying in places like New West or Poco; even though you're a 25 minute train ride from downtown Vancouver.
I've always said Vancouver's downtown is horribly located as well, by being way up in the NW corner.
Imagine it was located somewhere around New West, with transit moving in all directions away from there.
That would cut commute times down considerably and distribute traffic in multiple directions instead of one way.
So many different variables that have contributed to the issues we now face.
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POCO and New West are hardly affordable anymore for most people. My sister bought her house in POCO for $300k back in 1997 and today the market value is about $1.1 million (based on what her neighbour just sold their identical house for). And we are talking about a really small 3 bedroom (2 of which are barely big enough for a child's bed), 1 bathroom house with no yard or basement.