Author Topic: Stacked Single Family Home  (Read 635 times)

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Offline SirJohn

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Re: Stacked Single Family Home
« Reply #45 on: March 25, 2018, 09:59:40 am »
Were property taxes and insurance part of that fee?

Nope. I actually do own a condo on the edge of the city, a high rise, which I rent out. It's a middle income building and the condo fees rose to over $650 this year. That covers utilities and regular maintenance, though if something is wrong with your own unit you pay for that.  On top of that there's a special requirement to replace all the windows and I'll be required to fork over $9,000 as my share this year or next.

On the upside, when I bought it three years ago it cost under $200k. And it's an extremely large 2 bedroom with lots of light.
« Last Edit: March 25, 2018, 10:13:11 am by SirJohn »
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Offline msj

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Re: Stacked Single Family Home
« Reply #46 on: March 25, 2018, 10:30:36 am »
Yes that is what I was talking about. The 'improvement value' on my property tax has been decreasing over time while the land price increases.

You mean assessments that, even after increasing from 2016 to 2017 (BC assessments are based in October) by 20% and then proven to still be off by over 10% are a reliable method to determine value?

I have often seen commercial buildings sell for much more than original costs years after being built. In fact, in some instances I actually know the exact original cost of the building because I was the accountant who was involved in the construction of the building. 

Sure some of that is the new owner wanting a larger amount to write off, but that often goes against the interests of the seller who does not want the recapture so it is not all explained by playing tax games.

But that’s the thing: there is experience and there is theoretical know how. 

Sometimes the theorists are surprised by what's going on in the real world. 




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Offline Manob

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Re: Stacked Single Family Home
« Reply #47 on: March 31, 2018, 12:10:25 am »
When I was a kid growing up in Vancouver, we lived in a variety of apartments buildings that were aimed at families. These buildings were full of 2-4 bedroom units clearly intended for families with kids. Usually 3-7 story buildings with anywhere from 6-100 units like this. Now, granted, these were buildings with apartments for rent rather than units to buy, but the layout concept seems the same. So I'm not sure that what's being discussed here is anything new. Families that are not affluent already live like this, in "stacked homes" otherwise known as "apartment buildings".

Offline BC_cheque

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Re: Stacked Single Family Home
« Reply #48 on: March 31, 2018, 10:04:44 am »
No, the concept I'm talking about is a hybrid of house and apartment otherwise I'd just call it a big apartment.   Also, I'm talking about new construction, not existing inventory from the 70's and 80's.

The discussion went beyond the OP if you're interested.

Offline SirJohn

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Re: Stacked Single Family Home
« Reply #49 on: May 15, 2018, 10:28:31 am »
So we now have more information about why Canadian housing costs so much - government.

Research from the C.D. Howe Institute released Tuesday revealed zoning regulations, development charges and housing limits in and around southern Ontario’s Greenbelt have added around $168,000 to single-family houses in the Greater Toronto Area and about $644,000 to the cost of others in Vancouver — a number the non-profit research organization says draws comparisons with Manhattan and U.K. housing.

http://business.financialpost.com/real-estate/regulations-cost-single-family-home-buyers-an-extra-229000-on-average-study
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Offline ?Impact

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Re: Stacked Single Family Home
« Reply #50 on: May 15, 2018, 10:42:27 am »
So we now have more information about why Canadian housing costs so much - government

Your approach to everything ends in disaster. Unrestrained development comes with huge costs as well, but if you got off your worship of the short term almighty dollar you might not be so blind.

Offline SirJohn

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Re: Stacked Single Family Home
« Reply #51 on: May 15, 2018, 11:07:54 am »
Your approach to everything ends in disaster. Unrestrained development comes with huge costs as well, but if you got off your worship of the short term almighty dollar you might not be so blind.

I posed a cite w/r to the governmental costs added to housing and your response is a direct personal attack on me without saying a single word about the subject or cite.

This is how the far left counters arguments. Instead of addressing any of the subjects or issues raised it attacks whomever is putting them forth. It's brainless and stupid, and bases everything on a wild-eyed anger at those who oppose its ideological beliefs.
« Last Edit: May 15, 2018, 06:06:50 pm by JMT »
"When liberals insist that only fascists will defend borders then voters will hire fascists to do the job liberals won't do." David Frum

Offline ?Impact

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Re: Stacked Single Family Home
« Reply #52 on: May 15, 2018, 11:26:17 am »
I posed a cite w/r to the governmental costs added to housing and your response is a direct personal attack on me without saying a single word about the subject or cite.

Why don't you tell me why you even think that comparisons to New York and London have any relevance. Canada has nothing comparable to those cities, both the good and the bad. To get the same lifestle that people in say Markham enjoy, in New York you would be going the equivalent distance as Barrie. If you want a relevant comparision, pick Chicago or perhaps Frankfurt as a comparison. Being the far left as you continually directly make your personal attacks on me, you should know that I care about lifestyle and am not just some number you can slot me into like you right wing extremists always do. For me society is about people, and not just the robots that keep your factories running.
« Last Edit: May 15, 2018, 06:06:59 pm by JMT »

Offline Omni

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Re: Stacked Single Family Home
« Reply #53 on: May 15, 2018, 12:33:52 pm »
You're such a **** cliche.
I posed a cite w/r to the governmental costs added to housing and your response is a direct personal attack on me without saying a single word about the subject or cite.

This is how the far left counters arguments. Instead of addressing any of the subjects or issues raised it attacks whomever is putting them forth. It's brainless and stupid, and bases everything on a wild-eyed anger at those who oppose its ideological beliefs.

Says he who starts most posts that refute him with nothing but insults. I think you maybe just looked in the mirror but wrote "far left" instead of "far right".

Offline MH

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Re: Stacked Single Family Home
« Reply #54 on: May 15, 2018, 12:44:36 pm »
You throw stones at SJ but without him we have no hope for any kind of thoughtful right-wing perspective... don't scare him off or we'll be left with FedUps....
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Offline Omni

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Re: Stacked Single Family Home
« Reply #55 on: May 15, 2018, 12:52:44 pm »
You throw stones at SJ but without him we have no hope for any kind of thoughtful right-wing perspective... don't scare him off or we'll be left with FedUps....

I usually just pick up the stones and throw them back, and as I understand it, the management here had the good sense to get fed up with "fedup" and I assume he's now back with the rest of his ilk at MLW

Offline MH

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Re: Stacked Single Family Home
« Reply #56 on: May 15, 2018, 02:14:01 pm »
I usually just pick up the stones and throw them back, and as I understand it, the management here had the good sense to get fed up with "fedup" and I assume he's now back with the rest of his ilk at MLW

Really ?  Well that's ok with me.

Offline ?Impact

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Re: Stacked Single Family Home
« Reply #57 on: May 15, 2018, 04:09:23 pm »
looked in the mirror but wrote "far left" instead of "far right".

When I look in the mirror, left is right and right is left.

Offline SirJohn

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Re: Stacked Single Family Home
« Reply #58 on: May 15, 2018, 04:20:44 pm »
Says he who starts most posts that refute him with nothing but insults. I think you maybe just looked in the mirror but wrote "far left" instead of "far right".


You like that 'refutes' word so much. I think it's like your life's ambition to actually "refute" someone. But like a 48 year old virgin with a one inch dick you're condemned to never being able to accomplish your goal due to a lack of equipment.


"When liberals insist that only fascists will defend borders then voters will hire fascists to do the job liberals won't do." David Frum

Offline SirJohn

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Re: Stacked Single Family Home
« Reply #59 on: May 15, 2018, 04:24:02 pm »
Why don't you tell me why you even think that comparisons to New York and London have any relevance.

I'm sorry, was that the subject? Was that the point? Were you even involved in the earlier discussion here about the affordability of housing? This helps to explain why new houses cost so much. That was the point of the article.

Quote
Being the far left as you continually directly make your personal attacks on me, you should know that I care about lifestyle and am not just some number you can slot me into like you right wing extremists always do. For me society is about people, and not just the robots that keep your factories running.

And yet, you don't care about the affordability of housing. Which was the actual topic.
The socialist fixation with the idea they're helping people always runs up against the fact that the only way you can think of to do that is to redistribute income from other people - and that the more Socialism there is in a system the less money there is to redistribute. And the more poverty.

« Last Edit: May 15, 2018, 04:36:02 pm by SirJohn »
"When liberals insist that only fascists will defend borders then voters will hire fascists to do the job liberals won't do." David Frum