Discover and read the best of Twitter Threads about #VanRE
Most recents (4)
Saturday #JustCity installment and thought it’d be helpful to fact check “poor doors”. Something is wrong about it, just not what you think. Follow me for a sec. #vanpoli #vanre /1
As many point out, poor doors are actually the entry to a separate building. Its a vertical subdivision w 2 air space parcels: one containing a strata condo development, the other a rental bldg. Each bldg has its own separate components & systems to run the building functions /2
And are paid and maintained separately. This is critical because strata fees cover the common area maintenance for the condo bldg, while the NP operator of the rental bldg covers these expenses w the rents being collected. NPs can’t can’t afford to share in condo bldg expenses /3
160 years of rampant land speculation and untethered state-led profiteering has finally paid off!
COME BACK WITH ME to 1858, when the BC real estate crisis began... #BCHist #vanre #bcpoli 1/
COME BACK WITH ME to 1858, when the BC real estate crisis began... #BCHist #vanre #bcpoli 1/
Meet Edward Bulwer-Lytton, colonial secretary, and James Douglas, the first governor of colonial BC.
BC as a colony was about 5 minutes old when these two kicked off the Great Land Grab of 1858 That Never Really Stopped. 2/
BC as a colony was about 5 minutes old when these two kicked off the Great Land Grab of 1858 That Never Really Stopped. 2/
In 1858 BC was broke af. Douglas’ rash proclamation of sovereignty over all the gold turned out to be unlawful even by colonial standards (oops) and forced the creation of the colony before any cash flow existed. 3/
That you regard any affordability solution that is not related to supply as a mystery is kinda telling
What else can be done ‘except zoning reform’? Really? Fine. These are not my recommendations but here’s a list of possibilities 1. You could crack down harder on foreign money. Crank the FBT to 30%, 50%, 100% whatever
2. Or you could just ban foreign buying completely
It's different in #Canada. (Thread)
Eurozone countries don't have monetary autonomy or even absolute control over their banks. Canada does.
Japan's population is demographically very old and thus intolerant of inflation. Canada's isn't.
Japan's population is demographically very old and thus intolerant of inflation. Canada's isn't.
The US real estate bubble was localized.
Vegas, Phoenix, and South Florida went nuts while Texas slept through it. #VanRE and GTA are important enough to get a coordinated response at the national level.
Vegas, Phoenix, and South Florida went nuts while Texas slept through it. #VanRE and GTA are important enough to get a coordinated response at the national level.
