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Why I Live In a Rich Neighborhood

written by John Chow on February 24, 2010

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Last week, my good friend Neil Patel wrote a post explaining why he would never live in a rich neighborhood. While I understood Neil’s main argument, I found the post quite amusing. It’s true that Neil does not live in a “rich neighborhood.” He lives in downtown Seattle in the private residences of the Hyatt Hotel. Downtown Seattle is a business district and not really a neighborhood. However, as business districts goes, downtown Seattle has to be the richest business district in all of Washington State. So while Neil may never live in a rich neighborhood, he has no problems living in a million dollar suite and taking advantage of all the amenities offered by the Hyatt.

I currently live in West Vancouver, which happens to be the richest neighborhood in Canada. I’ve also lived in the Downtown Eastside, which is the poorest neighborhood in Canada. While I do have fond memories of the DTES, I much rather prefer my current neighborhood than my past one. As a rebuttal to Neil’s post, here’s why I live in a rich neighborhood.

Her Name Is Sally Chow

Every parents wants the best for their children. One of the main reasons we moved to West Vancouver was because of the school district. Generally speaking, the richer the neighborhood, the better the schools and West Vancouver has the highest ranked school district in the Province. They also have smaller class sizes and better equipments. Sending your child to the best school doesn’t guarantee they’ll succeed but it does mean they’ll get the best education possible and when it comes to Sally, I want to give her every advantage available.

It’s Nice and Quiet Here

West Vancouver has no industrial zones and the commercial zone is limited to one main street call Marine Drive. Pretty much everything else is residential or recreational. The city has a bylaw preventing any business from operating 24 hours a day (the 7-11 has to close for a few minutes everyday) and there are no nightclubs, bars or casinos.

You might say that sounds extremely boring but the point is I live in West Van. I don’t party in West Van. If I’m feeling the need to get into trouble, downtown Vancouver is just short drive across the bridge. The situation is ideal. I live in nice quiet neighborhood that’s just a hop, skip and a jump from the action of downtown.

It’s Safer Here

Providing a safe environment for my family is extremely important to me. Rich neighborhoods generally have a lower crime rate and West Vancouver is no exception. The city reported 2,265 criminal code offenses in 2008. By comparison, the city of Surrey had 45,655 criminal code offenses during the same period. When I walk down the streets of West Van, I’m pretty certain I won’t be the victim of a drive by shooting or mugging. I don’t feel the same way walking down the streets of Surrey.

The View Is Better

West Vancouver

I think the above photo speaks for itself.

Birds of a Feather Flock Together

Have you ever noticed that successful people hang around other successful people? Birds of feather really do flock together. I’m comfortable living where I am because I can relate with the people down the street. My neighbors are mostly business owners and entrepreneurs. We have a lot in common. The networking and business opportunities are much better in West Van than the Downtown Eastside.

The power of association is extremely powerful in the way it dictates who you are and how much money you make. If you want to change yourself or you lifestyle, then quite often, it will require you to change the circle of people you associate with. In order to continue climbing the ladder of success, I make sure I associate with other successful people. I thought I was doing well when I was making $10,000 per month. Then I started associating with people like Shoemoney and Neil Patel. Now, I can’t imagine living on only $10K per month.

If you aspired to be more than what your friends want to achieve, then you’re going to have to find others at your level or above and start associating with them. It’s easier to find those people in a rich neighborhood like West Vancouver than a poor one like the DTES. Birds of feather flock together. Success breeds success. This is why the rich get richer. If you want to become rich, you need to hang where they hang. While Neil may say he’ll never live in a rich neighborhood, living in the Hyatt hotel isn’t exactly poor!

Below is a video by super Realtor Jason Soprovich explaining more about West Vancouver. Give him a shout if you’re looking to move here.

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too many racists in west van. you might not get mugged in west van, but you might get beat up by the cops. one wrong move and you will end up in prison. i disagree with hanging with the rich. most rich people that i know have been very competitive, selfish and will not want to share any useful information with you. there is a way to describe their behavior in chinese. 小气

You are hanging around the wrong people and rich people won't hang around you with that kind of attitude.

I thought living in a nice (not rich) neighborhood would result in a safer way of life. Turns out the drug dealers make enough money here in Calgary to live in the nice (and rich) neighborhoods as well.... go figure!!!

Education is priority, so yes, if your rich neighborhood gives your daughter the best education available, then go for it! SY

The school system was the main reason we moved to West Vancouver.

Nice post John. I agree that many of us with children decide where to live based the quality of schools - that is a major factor.

Here in Bellevue (which I think would be considered 'richer' than Seattle - our neighbors across the lake) we are fortunate to have strong schools which are nationally ranked on a regular basis. Many people consider all of Bellevue "rich", but that is certainly not true of all of us.

One of the things that I really like about where I live is the growing diversity. There are people who live here from countries all over the world - and getting to hear all types of different languages, eat different kinds of foods and meet people with lots of different backgrounds is a really great thing. Very en"rich"ing ...

Bellevue is a great place. When I'm down in Seattle, I stay at a house on Mercer Island. It overlooks the lake. http://www.johnchow.com/some-pics-from-the-mercer-...

Six of one, half a dozen of another.

Some say "cloistered", some say "exclusive". In reality it's two aspects of the same thing.

You made some good points. I live in a rich neighborhood & some people have called me nuts, but here's the kicker: in their neighborhoods, they're putting up with lots of crime & other stuff. My neighborhood is nice & calm. It's not boring, but it's definitely safer.

I have to admit, Western vancouver looks great. If I had the financial freedom to choose where I would live, it would definitely be somewhere like that. However, most people, probably even the ones who live in a community like that, don't have true financial freedom. I am willing to bet that the vast majority of people living in those homes have mortgages on them and are hundreds of thousands of dollars in debt.

Possibly not, but I think Neil has a good point about not spending everything you make unless you just absolutely have to.

at the same note rich kids can get into drugs easily as well. My wife does extensive research with substance abuse..and have found many rich kids (from rich neighborhoods) getting into drugs...again it depends on you....

John thanks for sharing. I think the people who complain about rich neighborhoods are the ones that can't afford it, or have no reason to be in one.

true..birds of feather do flock together...either we feel bad about ourselves ....if we are too positive that will act as an instigator and fuel us to achieve big.

right assessment

I've got twins. Now they are two years old and I'm dreaming to move to place like that.

I live in an apartment. It's all good and well but I yearn for a garden sometimes. Sitting out on the balcony with my laptop isn't quite the same as in the garden surrounded by green. :)

I've marvelled about your awesome view before, John. Just that will be enough reason for me to live where you do, period. Wanting to give the best for your child is the natural instinct of any parent, and good for you on being able to fulfill this need. I am sure your Sally is going to continue the proud tradition her father established.

West side is definitely a great place to live. Even if bums show up on the west side they get moved to the east side lol

His place was nice it looks like a nice apartment to live in.

Nice post John.

Great to see you can enjoy the freedom & lifestyle that come with IM.

You're an inspiration to us all

Cheers

Barry Cross

John,
I'm actually shocked that someone would suggest that living in a rich neighborhood is a bad thing. I think a large factor of people dissing people who live in upper class neighborhoods is simply because they cannot afford it themselves. Obviously this isn't the case of Neil, but I think generally that's the universal opinion.

I personally think that it's natural for people who're not as successful to associate a bad lifestyle with the rich simply because they're trying to make themselves feel better.

I personally live in a middle class neighborhood, meaning that I do experience some criminal activity in my area. Our cars are broken into frequently, but we've managed to ensure all personal belongings are never left in the car. With that said, I've seen the West End of Vancouver (have relatives living there) and think it's a beautiful area. I can understand why you'd want to keep your family in such a good neighborhood, considering the security and excellent schools.

All in all, I believe that you should live where you can afford. Unfortunately, there are some of those who've made poor decisions and are unable to afford such a place, however, everyone has the potential to do it.

Hard work pays off, and you've proved it.

Brad

Its better to live in the cheapest house in a rich neighborhood, than an expensive house in a poor neighborhood.

Oh my god what a life changing post!

I want a rich neighborhood but not one that's quiet. I hate quiet...I like activity. I think of the apartments in Yaletown or downtown around Georgia as an ideal place for me.

I've been to John's house, people...there's nothing going on but old folks walking their dogs. I'd be bored out of my mind...even more so than living in freakin' Richmond.

You want to be a Neil Patel and live in a hotel. There's a suite for sale at the Fairmont Pacific Rim Estates. You'll be right on top of all the Olympic stuff. Only $5.25 million! :P http://www.rennierealty.com/condos/1162-1011-west-...

It's a difference in priorities. You're a single guy and you want to have fun, be in the middle of the action. That's understandable.

John is married with a kid. Family becomes a priority, even if he still acts like a 12-year-old. ;)

Well if you do not like quite than call your friends and have a great party ...

I say live wherever you want to live or can afford to live. I would live in a rich neighborhood but I would also live in an average neighborhood. I actually used to live in Orange County, CA in a nicer area and loved it. Now, I live in a regular old neighborhood with regular people on regular houses. I don't treat anyone differently based on where they live or how much money they make. Plus, you never know how much money someone has just based on what they look like, what they drive, or where they live. A lot of super rich people live very ordinary lives and a lot of people who appear rich are so far in debt they'll never get out.

I honestly don't understand other bloggers' aversion to wealth. Makes no sense to me.

I knew a bunch of sheep followers would comment on his post, "Yeah totally agree - living in a nice neighborhood sucks!"

Bizarre...

It is funny that when Neil wrote his post everyone agreed with him and then when he wrote he lived in a million dollar hotel suite in the richest business district in Washington State, his reader agreed that's awesome too. LOL

West Vancouver is a great neighborhood if you're looking at raising a family. Really quiet, picturesque, and civil. Exactly what I'm not looking for! Give me Yaletown any day!

Such a nice area. I am at a friends for a few days that lives on Altamont Pl. Even the drive up to his place is NICE.

I saw Neil's post and agreed with it, but also see sense in why you would live in a rich neighborhood.

Personally I think rich neighborhoods are better for family environments. The friends I have who live in such neighborhoods tend to not know much about their neighbors-- is that normal?

Not sure if it's normal but I can understand it. The houses are spread very far apart because the lots of very big. This makes bumping into your neighbor while picking up the mail pretty hard.

I rarely comment here John, but for this post I have to.

I too live in a safe quiet, affluent town with great schools, and it's all for the benefit of our children. A setup like this should never be compromised.

The only problem is I have to fly (to Honolulu on another island) to get some action. Time will tell if that becomes easier. Vancouver sure looks nice, too.

I hope it works out for you. Flying just to get some action sounds like a lot of work. A lot harder than just driving a across a bridge. I've been to Honolulu but never to the other islands.

If you're the smartest person in the room, it's time to move on. Truly wise people surround themselves with people smarter than they are in order to grow.

I agree with the spirit behind your post, but I'm fine in the burbs in Burnaby. It's not as "upscale" as West Van, but my area is full of entrepreneurs and owners as well.

Burnaby is a great place. You're not too far out from downtown and I graduated from BCIT. :)

That's reassuring Earl. I'm hoping to move to Vancouver this year and I've been looking closely at North Burnaby. West Vancouver looks very nice but the £ is v weak against the Canadian dollar right now.

I am not the smartest, but I surround myself with competent people.” – Henry Ford

You want to be more successful than you are? Then hangout with successful people!

That's not always true; intelligence and success can be two extremely different things ;)

Not extremely different but yes with intelligence you can get success.

I love the part where you say birds of a feather. I also find that the further the distance from negative people the better my attitude is. Not to say that I don't keep in touch with old freinds who don't share the same values and need to grow. But I do it on a m ore limited basis and surround myself with the dream builders not the dream vampires. To that end misery loves company and will try to keep you with them. Cute pics of the kid by the way. With a Dad looking out for her future and the ability to provide the positive education she already is off to a great start.

I hope one day, I can earn 10,000$ a month and afford to raise my kid in a rich neighborhood.

That's the issue. So many people "hope" and "wish." Very few take the steps necessary to achieve their goals.

Thats a reasonable reason. I dont know but i don't really think neil is as frugal as what he wants his readers to know. living in a hotel is not a bad one huh!

So -- i conclude that live in rich neighborhood have cons and pros.

There are pros and cons to every neighborhood.

Do you live in a gated community?