A group of about 20 concerned west side residents have started posting a photo collection of vacant abandoned homes in Vancouver.
For some of these homes the term ‘beautiful’ is a bit of a stretch, but it’s interesting to see the growing resentment of abandoned and vacant properties in a town with high house prices.
There’s an article in the Province about that site as well:
The blog is “a documentation of what happens when Vancouver real estate enters the global real estate market,” but there may be factors other than absentee owners that contribute to the rubble-strewn yards and the decaying homes it showcases, Yan said.
As aging baby boomers begin downsizing to condos in other parts of the city “perhaps a good number” of their single-family homes are sitting empty between real estate deals, Yan said.
Still, this phenomenon could be the “edge of the new normal,” as Vancouver becomes a “resort city” where people from around the world invest their money in home ownership.
Regardless of why they are emptying, these neighbourhoods were centred around public schools and built for families, Yan said.
Read the full article here and visit the site here: Beautiful Empty Homes of Vancouver.