News   Jul 02, 2024
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  1. DirectionNorth

    Baby, we got a bubble!?

    You’re missing the point - the correction will be painful, and it will be more painful the longer we hold it off. A bit like an addiction. A correction would not have been a big deal in 2010, and not a big deal outside Vancouver in 2014, but we’ve made unbridled housing growth semi-official...
  2. DirectionNorth

    Baby, we got a bubble!?

    The right time to crash prices was five years ago, and the next best time is now. It's a Ponzi scheme, transferring costs from new buyers and renters to sellers (I'm not convinced that regular people actually benefit from the bubble, rather than having the perception of having benefits); you...
  3. DirectionNorth

    Baby, we got a bubble!?

    Unfortunately, we've created a moral hazard-free environment where anyone who buys real estate does so with the assurance - no, the certainty that they will profit off higher prices. It's complete insanity. Our cowardly political "leaders" are now catering to these "investors" with no sense of...
  4. DirectionNorth

    Sheppard Line 4 Subway Extension (Proposed)

    As little as possible would be to do nothing and keep the 85 running as-is. Yeah, that's the thing about any LRT in this city. That said, Eglinton and Finch, if they open this year/decade might change the calculus, if operations are excellent. LOL. It's about crosstown travel that linear...
  5. DirectionNorth

    Roads: Gardiner Expressway catch-all, incl. Hybrid Design (2015-onwards)

    I don't disagree with this, but at the same time, I feel that there's a "minimum viable freeway" point (that is acceptable in our current society) and we're at that point. There's no such parallel for the DVP, but I think that looking at the surface routes, especially Lake Shore west of York...
  6. DirectionNorth

    News from across Europe

    The EU Parliament election results are in. From CNN, here's what the results look like (original source): From the looks of it, the right has increased in seat count, while the centre "is holding" (according to von der Leyen) and the left lost seats. Curious; do our Europe watchers have any...
  7. DirectionNorth

    Roads: Ontario/GTA Highways Discussion

    You have to remember Hochul is not only governor of NYC, but also of Long Island, Westchester County, Upstate, etc, etc. It's the same principle as Wynne kiboshing the DVP and Gardiner tolls. Even New Jersey got in on the lawsuit action, and some of the (proposed) proceeds. The MTA is not in...
  8. DirectionNorth

    Montréal Transit Developments

    And it would have relieved the (pre-COVID) overcapacity Green Line, which ran at just 2000 PPHD below its maximum capacity level, as well as preventing a SRT-style linear transfer. The collective incompetence of the ARTM and the politicians in charge. We know you dislike the REM, but I would...
  9. DirectionNorth

    Montréal Transit Developments

    This feels like a reach. Yes, there are more places for construction to go wrong, but the initial per km cost is significantly lower, and even if it went to, say, $500 million/km, the downtown segment still provides a much higher benefit to the overall transit network than whatever this is...
  10. DirectionNorth

    Toronto Lower Don Lands Redevelopment | ?m | ?s | Waterfront Toronto

    If we're not building a subway station with that spacing, then a GO station becomes sillier. It's too close, and really only serves local stops. It doesn't even provide access to OL transfers, so ... there have been worse projects proposed, but it's not a great use of money. My overall...
  11. DirectionNorth

    Toronto Ontario Line 3 | ?m | ?s

    I don't feel that transit cost escalation is linked to extravagant design here. Maybe on TYSSE. I am only starting my research on this subject, but I believe the real cost savings are in good project design, depoliticisation, and management, while our classic value engineering crap is late in...
  12. DirectionNorth

    Toronto Crosstown LRT | ?m | ?s | Metrolinx | Arcadis

    At $250 million/km ($4.6 billion), I'm not convinced there aren't other routes that don't also need some kind of relief. If the cost came down, to say, $100 million/km ($1.8 billion), it would be worth the money. Maybe we need a thread for construction costs (do we have one?) - EWLRT, YNSE...
  13. DirectionNorth

    The Climate Change Thread

    While it's true that forest fires are a part of the natural cycle, very large wildfires like the ones we saw last year are not, and cause both property and ecological damage. We should be doing prescribed burns, if for no other reason than to prevent expensive mass-evacuations and property...
  14. DirectionNorth

    TTC: Other Items (catch all)

    By their own standards, it's technically^1 the truth. Lies, damned lies, and statistics, as they say. It is definitely fair to say that someone at the City, whether that be TTC staff, Rick Leary's office, or Chow's office, made the decision to intentionally mislead the public on TTC service...
  15. DirectionNorth

    PM Justin Trudeau's Canada

    How do you stop purchasing homes? Should we also stop paying rent? People have to live in something. The federal government doesn't control the Bank of Canada (thank goodness), but they do control immigration and idiotic policies like the FHSA. When Trudeau said on April 2nd that immigration...
  16. DirectionNorth

    Sheppard Line 4 Subway Extension (Proposed)

    As with any project, there's lots of talk about development, and not enough discussion, I think, about the broader transport purpose of a Sheppard Subway. There's always lots of talk about a crosstown corridor north of downtown, whether that's Midtown GO, or the Ontario Line Loop (which is...
  17. DirectionNorth

    Lack of meaningful Passenger Rail service outside the Quebec-Windsor Corridor

    That this announcement came from this Alberta government, of all the possible provincial governments, should be an embarrassment to all of our premiers who complain about intercity transport but always want someone else to pay. I have my doubts about the sincerity of this announcement, but at...
  18. DirectionNorth

    Toronto Crosstown LRT | ?m | ?s | Metrolinx | Arcadis

    I don't think Crosstown will see Ottawa-esque issues. In fact, I believe part of the delay is/will be that Metrolinx is hoping at all costs to avoid a public spectacle like Ottawa had, and they're doing extra testing to ensure that doesn't happen. If ECLRT gets Confederation Lined, Metrolinx...
  19. DirectionNorth

    Toronto Union Pearson Express | ?m | ?s | Metrolinx | MMM Group Limited

    Re: the skip stop drama (it’s on Wednesday, what will we use for drama until the weekend?) At some point in the not too distant future, GO RER will arrive at Weston Station. If we’re relying on our small airport trains to provide intracity transit, that’s good airport transit, but something’s...
  20. DirectionNorth

    Canada and the World

    An edited version of the funding table in Appendix A. Am I the only person who thinks this is very backloaded? The current government doesn't want to fund it, and the next government will cancel everything anyways. That's my read on this situation. Can't say I'm impressed with this (again...

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