ere?
Government-built and -rented housing deteriorates into social disaster; development sharks wreck any attempt to keep affordable rentals on the market; slum landlords capitalize on government’s well-intentioned regulations and support mechanisms. Do “head offices” always have to be in downtown Victoria? Please don’t let us think small and simply turn Victoria into another Hong Kong.Don’t be scared by calls of housing doom I do enjoy the “sky is falling” predictions by condo owners and their organizations regarding the NDP government’s proposed new housing rules.
We’ll see if these scary speculators thrive in a scenario where their interest-carrying costs are doubled or tripled with rising rates. Until then, let’s let those attempting to change affordability do their best and more power to them. Literally.
One could argue that it’s an unfair discrimination against homeowners or an unfair burden placed upon condo owners in these areas. It’s like that line in Planet of the Apes: “Some apes, it seems, are more equal than others.”Vander Zalm was behind property transfer tax Re: “Affordable housing: There is money for it,” letter, Nov. 22.
Aside from its issues of fairness and blatant political pandering, this law establishes the unfortunate precedent that rules can be changed retroactively for political convenience: the law is not grandfathered, meaning that investment decisions made under one set of rules are now judged under another.
Source: Real Estate Daily Report (realestatedailyreport.net)
Let Dave_Eby and the NDP bury themselves… it will be classic to watch
No more housing there’s eight billion people and growing this is a global problem the need for housing is insatiable more density means higher prices and more problems self evident
😂😂😂
H ha ha let the bcndp 'leas the way' in what is a commercial venture. Are you nuts? Dave_Eby just fkd the populous with no fault icbc insurance and you think he could have an answer to housing.
Ignorance is bliss
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