Vancouver olympic real estate prices

Started by Hobbit, Jun 14 07 10:38

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Hobbit

I read this article on [A href="vny!://www.virtualvancouver.com/news/olympicrealestate.html"]Vancouver olympics[/A].

  The article basically stated that the only winners from the Vancouver 2010 Olympics are politicians and their friends. Do you think the Olympics are good for Vancouver?    

Observer

Ask Montreal!  Didn't they just finish paying for them last year around this month - 30 years to pay for them?

Another Observer

Or..you could look at Calgary. They came out with profit once the Olympics were finished in 1988.

P.C.

....and there's a classic example of the 'cup half empty or the cup half full'.  
Sir Isaac Newton invented the swinging door....for the convenience of his cat.

Sportsdude

And Montreal just finished paying off the Olympic Stadium like last year.... some 30 plus years later...  
"We can't stop here. This is bat country."

P.C.

I think Observer just mentioned that SD.  [img style="CURSOR: pointer" onclick=url(this.src); src="vny!://www.cheesebuerger.de/images/more/bigs/c028.gif" border=0]
Sir Isaac Newton invented the swinging door....for the convenience of his cat.

Sportsdude

 oops.
No modern Olympics have ever made a profit. Cities don't go into the Olympic process thinking they're going to make a profit. Its a showcase to the world to get people to come there. Because for 2 to 4 weeks the entire world focuses on your city and no matter what the cost that's the best PR money can buy. Except for the fact that news reporters come also looking for a story. Next year you'll hear a ton of human rights/pollution/food safety problems coming from China. Then when the BBC/NBC come here they'll just take a trip to Downtown Eastside. That's the downside.
   
"We can't stop here. This is bat country."

purelife

Do you think the Olympics are good for Vancouver?

 
No!

Lil Me

Expo '86 lost 311 million, but it re-started construction in the 1980s, boosted tourism and countless mom and pop businesses in the GVRD.  
"In the absence of clearly-defined goals, we become strangely loyal to performing daily trivia until ultimately we become enslaved by it."  Robert Heinlein

Sportsdude

While it will increase construction will it be smart growth or just silly sprawl growth?  
"We can't stop here. This is bat country."

Michel

Better access to whistler and expensive condo... The only think "positive" is the Sea to Sky highway made safer.

Sportsdude

Funny thing is that the Olympic Village condos will look right at an eye sore the viaduct. Tear that sucker down.  
"We can't stop here. This is bat country."

Lil Me

  Sportsdude wrote:
While it will increase construction will it be smart growth or just silly sprawl growth?  
 --
 Both.  Smart growth within the population-dense areas (City of Vancouver- and Burnaby, Richmond to a lesser extent) and silly sprawl throughout the rest of the 'burbs.
 
 SD_ you might be interested in Smart Growth BC.  They do a lot of discussion circles in different parts of the province.  Once you move here, you could jump in and join them.
 [a href="vny!://smartgrowth.bc.ca/"]vny!://smartgrowth.bc.ca/[/a]
 
"In the absence of clearly-defined goals, we become strangely loyal to performing daily trivia until ultimately we become enslaved by it."  Robert Heinlein

Lil Me

 Sportsdude wrote:
Funny thing is that the Olympic Village condos will look right at an eye sore the viaduct. Tear that sucker down.  
 --
 LOL!!! Kind of hard to tear down with GM Place, BC Place and Expo Blvd right underneath!  Maybe it just needs a makeover?  Some paint?
 
"In the absence of clearly-defined goals, we become strangely loyal to performing daily trivia until ultimately we become enslaved by it."  Robert Heinlein

Sportsdude

 Sounds like my kind of site and people.
Yeah Vancouver is such a great model to do things and yet go down the road to Abottsford and its just depressing. Richmond is the same way just by looking at how things are mapped out.

   
"We can't stop here. This is bat country."