$1.5+ Old Million Dollar Crack Shacks & Starter Homes of Vancouver

1,201 views · Published 8 March 2016 · 2:42 · Indexed 14 November 2026

Channel: Linescrew1 · 2016 · News & Politics

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If you are in the market for a 50-70 year old $1.5+ Million Dollar tear down crack shack or small starter home, Vancouver, British Columbia, Canada is the place to look.  With year over year net real estate value increases of 20-30% how can you do wrong? These are the prices of single detached family homes in the older neighborhoods of East Vancouver. The prices in the ACTUAL affluent areas of the West End, Point Grey, Shaunessey, etc are WAY more. Something nice would actually cost you $3 million and up. 

All these homes are between 47-70 years old! 

All those homes were not waterfront, no view, not very close to the sky train transit system. etc. These were the homes of the middle class in years gone by. They are increasingly not any more.

Is this sustainable? Are the Vancouver real estate prices sustainable as it is?   Where will the middle class families live when they are not longer in these neighborhoods?

Is this a good thing for Canada and Canadian society as a whole? 

Please leave your comments below.

The last time I did a video like this, the CBC (our Canadian national broadcaster used my audio in a commentary on this national crisis).

All footage is shot by yours truly. Music used under license.

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