
Originally Posted by
shootingstar
In Vancouver, BC you would get a 1 bedroom and small one --if you're lucky. It has the highest real estate in Canada. (Actually at that price, it's probably more Toronto, which means Toronto is a bit cheaper than Vancouver.)
It terms of increased value for one's home over time, it's probably better to get a place within walking distance of transit or bike/ped path to destinations anyway --even if you drive alot.
Alot of real estate agents would tell you that....if they aren't, then they haven't progressed in their way of thinking. (Sorry to be brutal, but that's my opinion of what I expect out of real estate agents...intelligent, market forecasting of community future needs. Not just out to make a quick sale.)
Certainly in Vancouver and Toronto, it's been proven if you have a home within a very short bike ride to a bike -ped. path in a greenway area, it will make your neighbourhood more valued --for many different reasons.
At work, a colleague mentioned that she personally knew someone whose children (late teens to early '20s) had never used our local transit system which does have a wide network. She and I both thought it was wierd....and ridiculous. (which means the children had been chauffered around in cars or not allowed to use transit. ) The person who told me this is herself is a single mother with 2 children in now their early 20's. Colleague's children do a blend of driving as well as taking transit at times.
Koronin, I grew up a twinned city in southern Ontario in the 1960's-1970's. Population at that time was under 80,000 for 2 cities combined. There was/still is a transit system. This city also has 2 universities and 1 college. We lived only a 10 min. walk away from local bus system. I learned to use it when I was.....14 yrs. old by myself. Yes, those were the days. But later I went university and used it for lousy weather days. I just walked 5 km. each way between home and campus when the weather was good.
So as a child, I already knew how transit fitted into my life. If children are not exposed to using any transit several times per year (even with an adult), it would be tougher (in my opinion) to get them used it and how to weave it into their schedule.
Maybe some millenials got tired of being held to someone else's driving schedule, cost of car/insurance/gas to have a car, whatever else or maybe there's less stuff to do in the suburbs as teens grow independent and get itchy feet....? Or maybe preference to spend their money on technology vs. car or ...?