Best Place to trade in the world - Quality of Life
- Thread starter CPTrader
- Start date
Actually, while I live in a wealthy neighborhood I have to say that the vast majority of the people there are not what I would call quality people. There a few good people nearby - they are mainly people that worked their way up the ladder and thus have no disdain for folks less fortunate than themselves.
IMHO many wealthy people are lost: probably not more than the rest of society but the downside to this is that they have the money and influence to make decisions that affect others ....
My point is that living in an affluent area does not mean that the neighbors will be good people and does imply that your children will gain any worthwhile values from their surroundings.
Quote from condorll:
I could go on...but in a nutshell the USA is the best, most civilized place in the world.
Are you kidding me? HELLO?! The most civilized country in the world? What a joke!
That's probably why you're still battling with centuries-old racism (we're already in 2003), high crime rates, and not to mention respect for life and normal decency have gone out the door. Your culture has really degenerated (just look at the whole 'reality-show' genre - how many and how sick they are)...
You need to do a little globe-trekking, see the world around you, and let's see how 'civilized' your country is... Wake up and smell the coffee...
You're a little late. Whistler is horribly expensive already, and real estate prices skyrocketed when "rumor" came out Vancouver was bidding for the Olympics. A developer came in and advertised some new condos being developed just after it came out, and it was all sold out after 2 days at 5million a piece.
Quote from alfonso:
So, by implication, the vast majority of American's lives suck?
Remind me, who is it that's out of touch with reality?
yes. most people live lives of quiet desperation ( who said this?? ). once you taste true freedom, you will KNOW what i mean.
best to you, my south american friend,
surfer
:eek:
it is WAY better to raise your children in an affluent area than one blighted with poverty. WAY BETTER. BUT, yes, you are correct the values have to come from you and not their surroundings.
best,
surfer
This may sound stereotypical, but from my perspective, as far as growing up in an affluent area and I now have two kids and living in a small town, IMHO my experience is that the affluent areas offer more ways to "get into trouble" than the smaller ones.
Affluent areas generally will have a larger population, which means there is a larger sample of those who will have "interesting" tastes, whether it is basic rebellion, drugs or various mischief.
This is going to sound like a rerun of Beverly Hills 90210, but I knew WAY too many bored rich kids who had all the time in the world, anything they wanted, no supervision, ALOT of disposable cash and no value system. My greatest responsibility and the only thing I will leave behind are my children. I need all the help I can get to raise great kids and from my perspective living in a smaller town offers a better environment to do so.
I know, I know, there are exceptions, but from a statistical perspective I think the odds are in my favor.
This is somewhat of an exaggeration, and it should be noted that the set of condos I believe you are referring to are the new Four Seasons (condo-hotel), the developer was Intrawest (the owner of the mountain), and they sold for an avg price of CAD $628k, the highest price unit was CAD $2.3 million.
Regardless, it did remind me of the dot.com ipo days of yore at least a little, because nearly the same thing happened with Intrawest's First Tracks and Legends lodges, albeit on a less ritzy scale and in quarter-shares.
But some part of the above is true...almost every condo within walking distance of the lifts has gone up 100% in value over the last 3 years...so yes, that's some serious money velocity. But then again, Whistler has become a truly international destination over the last 10 years, meaning that it competes with prices in other ski towns on a global scale, not just in $CAD. But I think there are still plenty of places around that are a good buy, depending on what you are looking for.