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The Decline of Vancouver.

Dec. 24, 2024, 5:31 p.m.
Posts: 262
Joined: May 13, 2014

Posted by: tashi

Also if you let the building deteriorate then the property value drops, reducing the tax bill while putting the redevelopment together.  If you're really lucky it gets so bad that the building is condemned and tenants have to leave, dropping the propriety value even further and saving on the expenses running a (low income) building.

We need to build socialized housing again.  Can we get co-ops back please?

Reeks too much of socialism, and given the political climate in Canada right now, this about the furthest from what we need right now.  We are so far in debt (and although CO OPs are a good idea, the amount the province pays in subsidy every year is high) that the idea of social program spending is going to be shot down at the first mention.  I'm all for social programs but so long as we can afford them, and the amount of financing on the debt is going to cut deep into that idea.  And what of land acquisition?  Given the price of land here in the GVA I can't see much going to public housing as the market value is far higher.   Truth is:  the idea of affordable housing in Vancouver is over.  If you can't afford to live here, move.  Look at Monaco, what were are turning into.  I'd love to have a condo there too but.........living in Vancouver is not a right.

Dec. 24, 2024, 5:50 p.m.
Posts: 3669
Joined: Nov. 23, 2002

Cuts to social spending typically have negative results in terms of things like policing costs, first responder and medical care costs. If we want to solve the problems that a lot of conservatives complain about like homelessness, addiction, crime, etc then we need to increase social spending to address those issues at their roots.

https://policyoptions.irpp.org/magazines/september-2020/fight-violence-with-more-social-spending-not-more-police/


 Last edited by: syncro on Dec. 24, 2024, 5:50 p.m., edited 1 time in total.
Dec. 25, 2024, 8:15 a.m.
Posts: 739
Joined: Feb. 24, 2017

Posted by: BC_Nuggets

As someone who lived in North Van for decades I would have agreed with that assessment 20 or so years ago.  Now?  What in the actual fuck?

I lived there from the early 90s to 2012. It changed a lot during that time. Our politicians are afraid to address the real problem. Growth for growths sake. Endless growth so the wealthy can make more money because that’s their only measure of a persons value.

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