My East Van Blog

More Laneway Houses on their way

(April 05, 2012)

















Vancouver has now issued 500 permits for laneway houses to be built (substantial difference from 2009 when their were none).  These "minihouses" often take the place of where a tradition garage would sit on the lot of your house. 

It really speaks to the trend where the housing market is so high, residents are looking for extra mortgage helpers to maintain their lifestyles. Families are willing to s... read more.

Best New Vancouver Restaurants

(April 01, 2012)



The 15th annual Golden Plate Awards, has Georgia Straight staff members calling 100 local restaurants, chefs, and managers to name the best Vancouver has to offer.  This year, the best 3 new restaurants are:



1.  Hawksworth Restaurant.   801 West Georgia Street.  604-673-7000.  David Hawksworth's contemporary cuisine served in a sophisticated space in the Rosewood Hotel Georgia.  http://www.hawksworthres... read more.

Can You Afford a Mortgage Rate Hike?

(March 28, 2012)

A BMO Bank of Montreal survey found that in Vancouver, only 48% said they could still afford their home if rates went up by 2%.  What about you?

John Andrew, real estate professor at Queen’s University commented, “It’s alarming because we’re only talking about a 2% increase here, and it shows how borrowers have become acclimatized to low interest rates."

In Vancouver, new mortgages average from $500... read more.

Choosing House or Kids?

(March 24, 2012)

UBC Public Policy Professor Paul Kershaw refers to people under 45 as the "squeeze generation." He argues they're having to do more with less, which limits the number of kids couples can have.

Kershaw says young couples who want to have kids can't afford it because they're paying 150 per cent more for housing than the previous generation.

"Our country's and our province's failure to use policy to a... read more.

Camping out to Buy Marine Gateway

(March 22, 2012)

That's right, some buyers camped out for 2 days just for a chance to buy a condo in the new Marine Gateway project.  The sales started on a Saturday morning at 9am, and in 4 hours, 415 were sold.

The project is not just residential condos. Marine Gateway consists of retail space - of the 29 storey and 38 storey towers, 6 floors will be supermarkets, movie theatres, retail stores, restaurants, and ba... read more.

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