Quote:
Originally Posted by seamusmcduff
Remember that by the time this is built it's going to be a few blocks from a major intersection of two SkyTrain lines. I think less people will own vehicles here than you'd think.
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I live in the area and i don't own a car even if i could. It just makes no sense. The cost is completely out of proportion for what you get. Obviously a lot of people need a car but if you live around here or in downtown i really don't see the value in it. Assuming you can go to work with the skytrain, Uber or renting a car every single time you need to go somewhere else doesn't even reach 10-20% of the cost of owning a car. And between here and downtown you are already covered for pretty much all the daily-things you could need.
If you think about all that money going in your RRSP instead (imagine the compound interest on 20-30 years), really, i don't see the point.
I am not saying that people should not have the option, but definitely there are worse places where you can live without a parking spot.