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View Full Version : Most affordable city in the world: Thunder Bay!



SpongeG
01-29-2008, 10:23 PM
yay VID! :banana:

:haha:

Remember this list is based on median household income and median house prices

Los Angeles was most expensive in north america - Vancouver, Victoria and Kelowna were most expensive in Canada

http://www.thesudburystar.com/ArticleDisplay.aspx?e=878288

http://lfpress.ca/newsstand/News/Local/2008/01/29/4799032-sun.html

vid
01-29-2008, 10:34 PM
The city is using this combined with a high quality of life to market out opportunities. The 2008 State of the City Address (http://thunderbay.ca/index.cfm?fuse=html&pg=5583) outlines the way the city is going to use this report to our advantage to aid economic diversification and growth. It's a pretty optimistic plan.

Demographia isn't the best source for this kind of thing either but at least they didn't slander us with misinformation like the Conference Board. "Poor air quality" my ass, we're the best in Ontario! (http://www.tbsource.com/Localnews/index.asp?cid=104172) :rolleyes:

But you play with the hand you're dealt. The next year will see if this turns out to be a good or bad thing for Thunder Bay.

Oh yeah, the cheapest house in Canada is a short drive from me. 13,000$ but beware, it's a fixer upper! The most expensive house for sale in the neighbourhood? Less than 125 grand. (http://www.mls.ca/PropertyDetails.aspx?vd=&SearchURL=%3fPage%3d3%26Mode%3d0%26vs%3dResidential%26ret%3d300%26sts%3d0-0%26beds%3d0-0%26baths%3d0-0%26aid%3d95%26MapURL%3d%3fAreaID%3d6488%26mp%3d0-0-0%26mrt%3d0-0-4%26trt%3d2%26of%3d1%26ps%3d10%26o%3dA&Mode=0&PropertyID=6326400)

http://images.mls.ca/listings/reb91/medres/6/80136_1.jpg
This would cost $659,000 in Vancouver.

feepa
01-29-2008, 10:54 PM
^ Whats that land zoned for in Vancouver and where is it? I'm sure theres a good reason that shit shack is worth 659k

SpongeG
01-29-2008, 10:57 PM
there was a house like that on knight street around 57th - it must have sold for that price - it got demolished and a monster ugly house went in its place

but it was there for years - i think it was only in the last 2 years it was sold

Surrealplaces
01-29-2008, 10:59 PM
The city is using this combined with a high quality of life to market out opportunities. The 2008 State of the City Address (http://thunderbay.ca/index.cfm?fuse=html&pg=5583) outlines the way the city is going to use this report to our advantage to aid economic diversification and growth. It's a pretty optimistic plan.

Demographia isn't the best source for this kind of thing either but at least they didn't slander us with misinformation like the Conference Board. "Poor air quality" my ass, we're the best in Ontario! (http://www.tbsource.com/Localnews/index.asp?cid=104172) :rolleyes:

But you play with the hand you're dealt. The next year will see if this turns out to be a good or bad thing for Thunder Bay.

Oh yeah, the cheapest house in Canada is a short drive from me. 13,000$ but beware, it's a fixer upper! The most expensive house for sale in the neighbourhood? Less than 125 grand. (http://www.mls.ca/PropertyDetails.aspx?vd=&SearchURL=%3fPage%3d3%26Mode%3d0%26vs%3dResidential%26ret%3d300%26sts%3d0-0%26beds%3d0-0%26baths%3d0-0%26aid%3d95%26MapURL%3d%3fAreaID%3d6488%26mp%3d0-0-0%26mrt%3d0-0-4%26trt%3d2%26of%3d1%26ps%3d10%26o%3dA&Mode=0&PropertyID=6326400)

http://images.mls.ca/listings/reb91/medres/6/80136_1.jpg
This would cost $659,000 in Vancouver.

It's hard to imagine buying a house for 13k. Here in Calgary that gets you a paved driveway..maybe. It must be nice.

The Jabroni
01-29-2008, 11:05 PM
Something like that would cost us here in Winnipeg about $18,000 - $20,000.

However, if someone flipped that house, that can easily go over $100,000 if done correctly.

vid
01-29-2008, 11:36 PM
That is a one bedroom house with not central heating, sewage, or plumbing! Just demolish the thing and build something else. Buy the place beside it too and turn that into a garage.

It's zoned as "residential, one and two units" and is located about 3-5 minutes from downtown. Trains are in your backyard and everyone around you probably does drugs. It would fit in well in DTES!

Cambridgite
01-30-2008, 03:38 AM
http://images.mls.ca/listings/reb91/medres/6/80136_1.jpg
This would cost $659,000 in Vancouver.

If such a crappy (single-detached) house existed in Cambridge, it'd probably cost about $90k. I haven't seen anything quite that bad, but some of the public housing is pretty ugly. To put things in perspective, we used to have a rooming house called the "Royal Hotel". But don't be fooled. The people who lived there were anything but royalty. The building was falling apart and each unit was a small single room and nothing else. Common bathrooms were shared on each floor, seeing used needles on the floor was common, but tenants still had to pay $350/month for that shite. It's practically criminal. Now a developer has bought it up and wants to fix it up into condos and ground level retail.

vid
01-30-2008, 06:01 PM
Our Royal Edward Arms Hotel and Royalton Hotel are shit holes. Royal Eddie is actually owned by the NGO that fucked me over in 2004. :tup: The only good thing they do is maintaining that building's façade.

Rathgrith
01-31-2008, 11:29 PM
How long has the place been vacant?

vid
02-01-2008, 12:13 AM
By the looks of things, it probably hasn't been occupied since the depression. :haha: Of course knowing this city, it could be occupied now, by no less than 20 natives. :rolleyes:

Poverty is "fun".

In all seriousness, you find houses like that all over the bush up here, abandoned since around 1914. There is a Victorian mansion near Arrow Lake that was abandoned almost 100 years ago. Eerie as fuck.



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