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The Decline of Vancouver.

Nov. 22, 2016, 8:55 p.m.
Posts: 11969
Joined: June 4, 2008

The government building anything is only contributing to the problem, with the added benefit of lining more developers pockets.

Policy will fix this, but as long as their biggest contributors pay them to do otherwise, they'll do otherwise.

Nov. 22, 2016, 9:12 p.m.
Posts: 2187
Joined: Nov. 20, 2002

The government building anything is only contributing to the problem, with the added benefit of lining more developers pockets.

Policy will fix this, but as long as their biggest contributors pay them to do otherwise, they'll do otherwise.

Yep

http://www.epiccyclist.com/

Nov. 22, 2016, 9:28 p.m.
Posts: 1781
Joined: Feb. 26, 2015

Here's an idea. Why not build housing that the Middle Class can afford?

How will we be able to afford it with all the Bullshit carbon taxes being forced down our throats in the near future. Someone has to support the system.

People always ask me what's the phenomenon
Yo what's up? Yo what's goin' on- Adam Yauch

Nov. 23, 2016, 12:09 a.m.
Posts: 34326
Joined: Nov. 19, 2002

How will we be able to afford it with all the Bullshit carbon taxes being forced down our throats in the near future. Someone has to support the system.

The government will use the revenue from the carbon tax to subsidize the middle class housing.

It is easy to dodge our responsibilities, but we cannot dodge the consequences of dodging our responsibilities.
- Josiah Stamp

Every time I see an adult on a bicycle, I no longer despair for the future of the human race.
- H.G. Wells

Nov. 23, 2016, 8:58 a.m.
Posts: 7961
Joined: Sept. 20, 2006

Here's an idea. Why not build housing that the Middle Class can afford?

Because even the middle class will take advantage of the situation

Nov. 23, 2016, 9:27 a.m.
Posts: 1627
Joined: Jan. 12, 2006

Because even the middle class will take advantage of the situation

Ugh… :(

Nov. 23, 2016, 10:11 a.m.
Posts: 762
Joined: Nov. 19, 2003

18 out of 79 units were intended to be affordable. of course some will be used as investment properties. hopefully global will follow up with how many affordable units went to sub 85k income families.

Nov. 23, 2016, 10:50 a.m.
Posts: 34326
Joined: Nov. 19, 2002

It's like people with good incomes living in co-op housing. They get in on technicalities and then don't leave so that other people who actually have low incomes can move in.

It is easy to dodge our responsibilities, but we cannot dodge the consequences of dodging our responsibilities.
- Josiah Stamp

Every time I see an adult on a bicycle, I no longer despair for the future of the human race.
- H.G. Wells

Nov. 23, 2016, 11:49 a.m.
Posts: 1790
Joined: Feb. 15, 2003

There's definitely huge loopholes that can be taken advantage of especially for incorporated businesses and even those that are not employed, but are able to make cash income…

Nov. 23, 2016, 1:02 p.m.
Posts: 16505
Joined: Nov. 20, 2002

Here's an idea. Why not build housing that the Middle Class can afford?

Gov has been disavowing any knowledge of a problem until the elephant in the room got so fucking big it was impossible SO my point would be if the Gov had a handle on this 15 yrs ago a lot more people would be able to afford housing

Nov. 25, 2016, 1:01 p.m.
Posts: 856
Joined: Dec. 27, 2002

great article

http://vancouversun.com/news/staff-blogs/canadas-public-guardians-failed-vancouverites-readers-respond

Van is ruined :(

Nov. 25, 2016, 3:58 p.m.
Posts: 8242
Joined: Dec. 23, 2003

….
all the empty lots around me have sold … in the past couple months…rubbing my hands together in glee and hoping they invite some of their stupid friends over for a BBQ so I can sell my chunk for a nice return after the winter :)

pretty much me too…

Nov. 26, 2016, 9:04 p.m.
Posts: 1781
Joined: Feb. 26, 2015

http://www.cbc.ca/beta/news/investigates/clients-of-convicted-immigration-consultant-facing-deportation-for-lying-1.3868330

People always ask me what's the phenomenon
Yo what's up? Yo what's goin' on- Adam Yauch

Nov. 29, 2016, 2:57 p.m.
Posts: 6449
Joined: Nov. 19, 2002

pretty much me too…

where you headed uncle duke?

Dec. 2, 2016, 8:20 a.m.
Posts: 809
Joined: Dec. 22, 2002

"The country’s strongest economy, British Columbia, shed 9,300 positions, mostly in the services-producing sector. The losses come after the provincial government imposed a tax on foreign housing buyers in an attempt to thwart real estate speculators and cool the housing market. Although the tax has curbed housing sales, it is unknown whether the slowdown was responsible for November’s losses or if it would lead to further declines."

Ok, so job losses 1: affordability 0.

Careful what we ask for, right?

1) Anyone here know someone who can suddenly get into the market now that there's this tax?

2) Anyone here know someone who works in housing construction, real estate or related services that has lost their job or has less work?

If we're only saying 'yes' to #2..what's been achieved here?

This tax is feeling like a Populist measure, akin to claiming of putting mfgr jobs back in the Rust Belt states.

Time will judge this move. We've already judged decision makers for not doing it sooner. So the question becomes: is it better late than never, or meaningless for the well-being of those not directly-exposed to this tax?

Full article here: http://www.theglobeandmail.com/report-on-business/economy/jobs/canadian-employment-report/article33132064/

NSMBA member.

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