Don’t ever buy into a boat home or even leasehold property… they’re no better than renting…

@David-gz4wb

6 ай бұрын

But they're crying about it boohoo

@MollyandMe200

4 ай бұрын

@@David-gz4wbDude, you don’t know how it feels to have your whole life put to an end like that, I have family in this situation at this marina, do some research before saying dumb things.

@David-gz4wb

4 ай бұрын

@@MollyandMe200 that's funny I did the research and last time I checked, leasehold lands means you don't own it. No different than living on someone's backyard. It's bad yes I feel for these people but it was on borrowed time. If I had family or friends living there, I would've warned them to make arrangements to find someplace else - you know be proactive rather than reactive?

Breaks my heart to see folks being displaced like so

@MollyandMe200

4 ай бұрын

Thank you ❤

@archie_bunker

2 ай бұрын

@@MollyandMe200 so molly will you keep respecting the indigenous clan still? lol

@MollyandMe200

2 ай бұрын

@@archie_bunker no comment 🙌

@Canadian_Eh_I

12 күн бұрын

@@archie_bunker Yup the tribe councils in Canada sure developed a taste for that good ol' capitalism.

@archie_bunker

11 күн бұрын

@@Canadian_Eh_I i know right lol.. but the loonies on the left stand by them.. can't make this stuff up lol

This isn't even leasehold... they're living in "Boats" and "Boat sheds" paying moorage fees (akin to rent)... why would anyone ever sign up for this??? There are absolutely no rights attached to such a set up, not even RTB rights.

@stevecarlisle3323

3 күн бұрын

So are the new float homes, built 100 feet away, at the shore side. The communities are popping up all over the lower mainland.

It's time for the last generation to realize how lucky they were. Sure, you were frugal, but you could buy a home with 2-3 years gross wages. It's now 10x gross wages on average. So the last generation had the ability to own their own home, then buy second homes as rec property or as investment generating rent. Good luck to this generation.

@kylepasta

6 ай бұрын

Its not their fault. Ridiculous government overspending is the cause of the inflation.

@JJimmy647

6 ай бұрын

I’m not one to whine but you’re right. I’m 22 years old. Born and raised in a small town near Ottawa. I’ve been employed steady ever since high school and been living on my own since I was 18. Fast forward to today, I work 40-50 hours a week and make double the minimum wage. My rent is $1240 a month for a tiny one bedroom. I’ve seen hotel rooms that are bigger than my apartment. Also, lately I’ve noticed that just to eat a meal that’s half decent is a minimum $10 every single time doesn’t matter where you go or how you do it. I spend $100 a week on gas to get to work because I can’t afford to live in the city. Approximately every month I pay rent ($1240), gas to get to my job ($400), eat just enough so I’m not starving ($400). Grand total of $2040 a month. But that’s not even all. I have to pay hydro, phone bill and wifi on top of that. I make DOUBLE the minimum wage. I have no kids. I only have to support myself yet I can barely do that. I have almost no social life anymore because I can’t afford it. I wake up, go to work just so I can exist in this world. Not going to lie it’s depressing. I mean what is the point of it all? We just work to survive while somebody more important gets rich. I live the most boring life of a 22 year old so you’d think I could save money but it’s almost impossible. They call my generation lazy but I am doing everything that I’m supposed to be doing but there’s no future in sight. Not in this world.

Squamish Nation is looking at re-development plans. There's NO WAY this wasn't known as a plan a decade ago. Some boats moored here have been here for three family generations.

@barry1122

6 ай бұрын

😢😢.Squamish dosent care. Richest 1st nation in BC.. 1 mile from DTES(poorest in Canada)..

@user-zp7jp1vk2i

6 ай бұрын

@@barry1122 I find it difficult to believe there wasn't SOME kind of notice years ago.

I’m saddened due to what Canada has become; it used to be a nation of be peace loving kind people and now, especially in the last decade it’s turned into nation of so many greedy, selfish and heartless people. I wish I had the money, I would help all these people

@marianfrances4959

6 ай бұрын

Actually, humans the world over have never been perfect.

@David-gz4wb

6 ай бұрын

Well then open up your wallet old chap... Talk is cheap too

@hoanghuynh517

6 ай бұрын

It's not theirs to do as they please. How would you like it if your tenants didn't move out of your home?

@KoolKat42

6 ай бұрын

@@David-gz4wb read what I wrote clearly, if I had the money alright?? Can’t read well? There are free English Lessons on KZread

@KoolKat42

6 ай бұрын

@@hoanghuynh517 and what if you were one of those tenants??? These people have paid money and aren’t staying for free

This is the reason you should never buy property in a lease hold/ Leasedland. Sure, it is about 20-30% cheaper than other properties but since it only has a 100 year validity. There is nothing passed down to the next generation. In my opinion, this is a horrible investment. Would rather rent than own a leased land property. I would only consider it if it was at least 50% below market value properties.

From personal experience I can tell you that float home ownership is not recommended unless you own the land and have the water lease from the Govt. Marinas can and will change their policies regarding float homes at anytime and finding new arrangements, towing etc. is quite difficult. When my GF sold her float home we vowed never to own anything that floats that doesn’t have a motor that you can back out of a slip and go on with your life. I hope the displaced MC residents can find a place to tie up. Good luck.

To the best of my knowledge, boat house's are attached by pilings. Remove those pilings and the structure falls apart. House boats, on the other hand, are allowed to stay because they can be moved for the facilitated renovations of docks.

The purchase must have had a T&C that stated an expiration. She bought the wrong product.

They did the same shiat with Joffrey lake, st Agnus hot springs, and now this. Lots more of this to come

"Where do I move my half a million $$ property" - had to laugh. I guess that's what people call a "Karen." No offense but these are people who have been living in a dream world. The rug has been pulled out from under millions of other people across Canada for the past 40 years, and those not affected have been completely oblivious and unconcerned about their plight, and still are only concerned about themselves. It will sink in, but sadly from what I've observed, most people like these end up greedily shoving the less fortunate out of their way, displacing and crushing them some more, rather than actually addressing the real problem.

Surprised any marina would allow floating homes, and even more surprised that anyone would invest good money in such a venture. Any reputable marine will insist your craft is maintained in good working order with engines that run.

@idcraw

6 күн бұрын

Quite a few Vancouver Island marinas have live aboards and float homes

Have to lease back if allowed (that's unknown especially if the owners have other plans set in motion) or lease where it's allowed.

i guess if they dont kick you out of apt they will find way to kick you out of your floating home as well ....this just heartless people who only want more and more money , thats just nuts ! , those floating homes can be moved by a boat if you have place to put it !

@barry1122

6 ай бұрын

😢

Lease hold land is cheap for a very good reason.

@441rider

6 ай бұрын

I think the sheds are like thousands a month rent in some cases, I was quoted $1100/m plus hydro porta potty and shower on site 5 years ago at marina for 32ft Monk tricabin basically rent and you build apt to pay it.

@user-zp7jp1vk2i

6 ай бұрын

Lots of Whistler land was/is provincial lease land. for decades. the province QUIETLY under G. Campbell GAVE the long term lease land to the leasors to generate tax revenue. Friends family with acreage walking distance to the Blackcomb lifts were GIVEN their lease land (early fifties) worth millions.

@gcc8584

6 ай бұрын

That’s great to hear! It worked out for the people of whistler but the vast majority of lease hold land is cheap for a reason.

Canada breaks my heart

@gcc8584

6 ай бұрын

…and my wallet

Why pay a million dollars for 100k of floating material, that comes with no land and high moorage fees

@user-zp7jp1vk2i

6 ай бұрын

consumer mentality; a lifetime of spending someone else's money; assuming with no due diligence or advisor??

Awful

NORTH VAN CITY HALL AND MLA'S NEED TO STEP IN.....if these docks have been licenced to moor homes... Then the residents need protection. You can't just move a floating home... There are not a tonne of places to go

@barry1122

6 ай бұрын

1st Nations.

@user-zp7jp1vk2i

6 ай бұрын

N. Van. city has zero jurisdiction. And no MLA, even Conservative, is going to touch this with YOUR pole.

@Canadian_Eh_I

12 күн бұрын

@@barry1122 Wait until the rest of the lower mainland finds out theyre on indiginous land...haha people have no idea whats coming down the pike LMAO

Canada has become a very sad place for so many.

@marianfrances4959

6 ай бұрын

Where you from?

@archie_bunker

2 ай бұрын

canada is a joke.

@archie_bunker

2 ай бұрын

@@marianfrances4959 not a dumb ukrainian thats forsure.

come on its not your marina. you know what you signed up for don't cry for help when you made your own bed.

@MollyandMe200

4 ай бұрын

Buddy, it’s not human to just evict people such short notice, these people have put their life in this, they live here, it’s a community. People have been living here for over 20 years.

@David-gz4wb

4 ай бұрын

@@MollyandMe200 I totally agree IF they didn't get ample time to move and set their affairs but at 0:46, it clearly mentions they have 6 months to do this. Unless you're definition of notice is another "20 years" then perhaps give your head a shake.

Don't have anything to do with FN you 'll get ripped off same issues on the Island

There is "notanother" curve ball to this story for all marina's all over BC: the provincial demand to go green and require upgrades. The oversight gave Sicamous a grand total of TWO YEARS to do it. In our community that means marina owners of cottages on LakeWindermere would have to cut a check for over 50 GRAND. EACH. Many inherited their family cottage and just don't have the cash. They'll be forced to sell their summer cottage for extended family. Others simply have it in their pocket, no prob.

Look to what is happening to the Ladysmith marina.

@svenhodaka9145

6 ай бұрын

What is happening at the Ladysmith marina?

Sleepless in Vancouver

@Canadian_Eh_I

12 күн бұрын

perfect

People don't do their research and then panick. This sort of thing happens all the time. Also there are frontline workers who love giving free advice, its free for a reason. If you go along with it, you could find yourselve shouldered with a big bill. They will probably laugh about it cause their not the one shouldered with the bill. but your stuck with a big problem. Its also very costly to move these homes.

This will happen to all of Canada if the UN gets it's way.

How do you get evicted when you bought?

@marl6908

6 ай бұрын

One word: Natives.

@user-zp7jp1vk2i

6 ай бұрын

you don't own the moorage; you own your float home or boat. and with it being f. nations property, you basically never know and have virtually no Rights of any kind. there's lots of this type of land in the Vancouver area, including near UBC.

@wc4109

6 ай бұрын

Much like leasehold property, you own the building, but not the land or water location it sits on…

@cdnsilverdaddy

6 ай бұрын

I agree... it is almost now they have gone too far and milking the "victim" for generations . The guilt is big business... their ancestors would be ashamed of all this freeloading and playing the victim card... @@marl6908

@gcc8584

6 ай бұрын

You don’t own the water.

It is sad many cannot be dragged to the Islands that would be an option perhaps with a government program preserving housing. Abandon homes won't be destroyed I bet.

@user-zp7jp1vk2i

6 ай бұрын

We almost bought a small marina in Nanaimo in 2009 and my family had the cash: 500 grand along with undeveloped foreshore. I'd turn it into a float home community in a wet moment. Today that marina is worth 3 million easy, along with a huge restaurant/building and two suites.

Terrible for them!

Fight it, its the scam of landlords, to evict, and short time later, start putting in more of the newer floats homes. Make them buy you put, realistically there is nowhere to move them.

Dock looks fine

@MollyandMe200

4 ай бұрын

I have family at this marina, the docks are like roller coasters, they have to lighting at night, they are slippery and not well maintained. The end of one of the docks is falling apart.

Will there be a casino attached to the condos? Jokes aside, that'll teach people to buy leasehold properties to rent spaces thinking, "what's the worse that can happen".

If this is government expropriation,,,,the government must compensate them fair market value. Get a lawyer.

Oh, they sold to a condo corporation?

You want forever buy land. lIVED ON A BOAT ALL MY LIFE, NEVER NEEDED A DOCK. I had a sailboat so I didnt need fuel and I did the bottom jobs on the beach. ANCHORS CAN BE YOUR FRIEND A dingy is cheaper than dock rent

@Canadian_Eh_I

12 күн бұрын

but then you cant ride into your trendy floathome on your cafe motorcycle on tuesdays and sip craft brews with your artsy friends

This is why natives create lease land. They take it back when the lease is up and those who bought are screwed. It's been like this for a long time. Shuswap lake residents lost their cabins this way and Sun Rivers in Kamloops is on lease too! It will be same story when their lease comes up and natives take it back.

@barry1122

6 ай бұрын

This is 100% true. Rigjt across Canada.

@gcc8584

6 ай бұрын

Lease hold land is cheap for a reason.

@goodone5590

6 ай бұрын

Its their land! Leave them alone

@user-zp7jp1vk2i

6 ай бұрын

after 50 or 99 years, land use changes. the world changes.

@Canadian_Eh_I

12 күн бұрын

lmao they probably get shadenfreud

Public education creates this kind of naive

The federal government is by far the largest landowner, all crown lands are federally owned.)))) No, the only leased land is land leased from Native people

@user-zp7jp1vk2i

6 ай бұрын

Banff: Federal land, 99 year leasehold. Lots of Federal lands leased.

Never buy leasehold as you own nothing and are subject to what ever the landlord wants to do, always buy freehold if you can. Isnt this the same first nation band that is building a bunch of towers near the Burrard Bridge?....

@benrichardson2872

6 ай бұрын

The towers are providing affordable homes for over 6000 people. This is a good thing.

@user-zp7jp1vk2i

6 ай бұрын

they built and own one of the first high rises in North Vancouver right as you turn east off the Lions' Gate bridge,......and that was in the early seventies.

so let all these people who have done nothing for canada in and then make us pay and not only that kick us out of our home. Our home and native land yeah right you bunch of goof politicians

The term Indian giver ?

@archie_bunker

2 ай бұрын

never respected those crooks.

You are on the native land. Sorry.

Canada got around the ownership long time ago now Natives own like 10% but you can lease it from them. All Vancouver area is all built up and leased out. The leases will run out and have to sail someplace else like 500 years ago maybe back to UK or France. Not a joke it's looping back NATIVES WANT ALL CANADIAN LAND BACK 100%.

Should of checked the structure certification expirations before buying and building on a floating structure lol. It's common sense. It sucks but it's life