Lik

Knowing that the "Big One" is imminent (and in fact, overdue), and the fact that Richmond will at best be flooded, or at worst liquidfy, I have never had any interest in real estate in Richmond.

High rises themselves are not a problem, as long as they have been built according to construction code.

-Lik

Lik

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    many new buildings with similar building code in chile were badly damaged as well
ACC-HE 發表於 2011-3-17 20:59

That's true ar. Chile and Canada almost have identical building codes, and lots of apartment buildings crumbled in Chile.

We all know that the most earthquake-proof buildings are the wooden single houses ga la. But those are $1M+ a piece. Who can afford those nowadays (unless you have hot money from Grandfather)? Aside from wooden single houses, your remaining choices are town house, low rise, or high rise ga la.

Given the choice, of course the preference would be:

1) single house
2) town house
3) low rise
4) high rise

But you gotta factor affordability, locations, etc. into account, and buy what you can afford law.

-Lik