Quote:
Originally Posted by rsxstock
sure housing is more affordable out there but you'll have to deal with the cost and stress of travel if you work near the core. there is no reason for growth to move so far eastward when housing just outside of vancouver like burnaby or richmond is quite affordable. burnaby for example has only recently ramped up condo construction and there are still plenty of opportunities. do remember that there is also the option in renting which is arguably affordable as well.
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This may come as a surprise but some people actually have kids and some........wait for it.............even have 2 or more. That requires at a minimum a large townhouse or a regular house if they have the nerve of actually wanting a tiny backyard. $700,000 for a little dump is not affordable to the masses. This is why there are massive SFH developments across the Valley.
Policy wonks love the "live near where you work" mantra but have little understanding of reality. Something tells me that the City of Vancouver isn't going to be tripling it's wages for it's employees so they can live near City Hall.
When your wealthy it's easy to tell people how they should live but for the masses that is not reality. Metro Vancouver will continue it's endless eastern sprawl as people have to move further from the city to enjoy decent housing.
There is a reason why the Valley is growing faster than anywhere else by a long shot, it's cheaper. It's not like people salivate at the idea of living in low income areas, far from better urban amenities/services, and day long commutes. If they could afford to buy in nicer and more convenient locations then they would but they can't so they don't.
Vancouver can only grow eastward further from the core and other employment areas so commuter rail is going to be the logical next step.