Friday, 12 April 2013

Affordable Housing in Vancouver????

The Issue of Affordability in Vancouver. ... Can the answer be found in Controls over Lending Policy or on Speculation? ... Hmmm?

Globe and Mail

Anyone who has walked around Coal Harbour at night already knows that empty, investor-owned condos are the antithesis of community.
If the data released during a panel discussion at Simon Fraser University two weeks ago revealed anything, it’s that empty condos point to a city of speculators and investors. And it doesn’t matter if those investors are from Mainland China, Iran or Ladner.