Mayor: city is at a ‘breaking point’

When it comes to housing affordability Mayor Robertson says that Vancouver is at a breaking point:

 “The conditions and the context keep getting tougher and tougher in Vancouver as the city gets more and more expensive and more desirable to people all over the world to invest in and move into. We’re basically at a breaking point where we need interventions in the market to ensure that people who live and work and grow up here in Vancouver have the opportunity to stay in the city and to keep being part of it and contributing.”

You may recall the Mayor wrote a letter to the BC Premier supporting the idea of speculation tax. The response from the Premier was based around the fact that such a tax would risk driving down house prices.

The Mayor responds to that idea in this interview at the Tyee:

“I think it’s completely wrong. It’s a totally different subject. What we’re talking about is taking some of the profit out of flipping and speculation, which doesn’t have to do necessarily with foreign ownership or homeownership or the value of homes. This is a business activity that’s taking place every day here in Vancouver where there’s a lot of profit, and it’s an option to transfer some of that profit so people can afford to live in the city. They went off on a completely different tangent in their response at the provincial level, and that’s unfortunate. The premier has said that affordable housing in Vancouver is a problem. Well, we need some action to deal with that.”

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patriotz
Member

“The response from the Premier was based around the fact that such a tax would risk driving down house prices.”

That’s not a fact but a claim, and a deliberately chosen one.

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

handsome mayor is all talk. he’s been talking about this for years. how’s that registry of empty houses coming along Bethune?

Unaffordable housing is damaging Vancouver’s community fibre: Gregor Robertson

“This goes to the heart of what I’ve campaigned on in two elections now.”

Gregor Bethune Robertson – 2012

http://www.vancouversun.com/business/Unaffordable+housing+damaging+Vancouver+community+fibre+Gregor+Robertson/7360071/story.html#ixzz3h7y9hc96

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

the guy’s middle name is Bethune for god’s sake! his gf is a xing’erdai!

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

Millionaire migration to Canada didn’t fall after investor scheme’s axing – it rose, new data reveals

Quebec investor migrant approvals rapidly accelerated last year, counteracting Ottawa’s wind-down of federal IIP, latest immigration statistics show

http://www.scmp.com/comment/blogs/article/1843069/millionaire-migration-canada-didnt-fall-after-investor-schemes-axing

Laundry-city
Guest
Laundry-city

Good For Gregor. A late convert but nevertheless keeping the pressure on pathetic Clark and her merry band of off-shore enablers.

BTW RE industry is ignoring FINTRAC and no wonder, when they don’t fine the suckers!

http://www.vancouversun.com/business/Pete+McMartin+Real+estate+offshore+money+case+dirty+laundry/11247090/story.html?ref=yfp

space889
Guest
space889

@BBB – Maybe you should read on up Bethune before denigrating his name.

space889
Guest
space889

As for affordability problem, create a fund and start building the kind of massive integrated high density projects that progress liberturd @ city hall loves on city lands. in this hot housing market, it’s easy to recover construction cost + profits and reserve enough units to give away to all the homeless druggies, new immigrant grandparents, and single mothers everyone is so concerned about.

Working family can get their market rate or preferential rental units too at $3/sq ft.

Problem solved and everyone is happy!

Except off course developers, and actual working family that really do need help.

squeak
Member
squeak
“We’re basically at a breaking point where we need interventions in the market to ensure that people who live and work and grow up here in Vancouver have the opportunity to stay in the city and to keep being part of it and contributing.” That is nice.. But I don’t think the 10year olds today (in 10 years they will be 20+ which is not that far away..), and those in their most productive years (the taxpaying, hardworking law abiding Canadians) have time to sit around and wait for this province to come about. They are better off leaving BC for greener pastures, unless of course, they love to live in caves: overpriced, depressing dungeons and working in a job that leads nowhere: WHY would they to that?! I think those who have smarts and ambition of achieving something are… Read more »
VMD
Member

HCG Home Capital: cut ties with 45 individual brokers who falsified income, made up C$1B in mortgages. OSC asked HCG to disclose information.

VMD
Member

Addendum:
The majority (approximately 60%) of loans originated by this (crooked) group were the Company’s lower margin “Accelerator mortgages” (ie insured).

Accelerator program – underwrites insured mortgages which it sells through the Canada Mortgage Bond program and mortgage-backed securities.

patriotz
Member

@6:

Leninism teaches that the world revolution can only succeed if the proletariat of the capitalist countries supports the struggle for liberation of the colonial and semi-colonial peoples and if the proletariat of the colonies and semi-colonies supports that of the proletariat of the capitalist countries.[2] Comrade Bethune put this Leninist line into practice…

Every Communist must learn this true communist spirit from Comrade Bethune.

By “Leninist” the writer meant what we call “Stalinist”, since Stalin had been in power in the USSR for 25 years.

patriotz
Member

@11:

Sorry, 15 years not 25. Bad math day.

VanRant
Member
VanRant

@ VMD
Just the tip of the iceberg. In the US, the dirty mess did not come out till the bubble burst and millions lost their houses.

space889
Guest
space889
Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

>Maybe you should read on up Bethune before denigrating his name.

a drunk and traitor who helped bring the worst mass murderer since genghis khan to power.

UBC in crisis mode
Guest
UBC in crisis mode

Realtor Peter Saito said the city’s plan would have a huge effect on property values.

“The last four sales in Shaughnessy have priced demolish-able lots at $642 per square foot,” stated Saito, who said he has sold close to $100 million of property in Shaughnessy in the past 1½ years.”

That would be a few million dollars commission for little work, shocking!

patriotz
Member

Welcome to the birthplace of an international hero. During the early 20th century, Dr. Norman Bethune became a medical pioneer, advocate for Canada’s universal health care system and revered Chinese cultural icon. Take a tour of Bethune Memorial House, a charming Victorian-era home set on a manicured property alongside an informative Visitor Centre, and immerse in an incredible legacy of accomplishment that strengthens the bond between nations to this day.

Brought to you by the you-know-who government.

http://www.pc.gc.ca/eng/lhn-nhs/on/bethune/index.aspx

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

>Brought to you by the you-know-who government.

the federal liberal party under Pierre Trudeau?

“In 1973 Bethune Memorial House was purchased by the Department of External Affairs”

http://www.pc.gc.ca/eng/lhn-nhs/on/bethune/natcul/natcul1a.aspx

“There is a level of admiration I actually have for China because their basic dictatorship is allowing them to actually turn their economy around on a dime and say we need to go green, we need to start, you know, investing in solar. There is a flexibility that I know Stephen Harper must dream about: having a dictatorship where you can do whatever you wanted, that I find quite interesting.”

Justin Trudeau – 2013

patriotz
Member

@18:

Since you missed the point:

Governments have never been averse to using their heroes for political purposes, manipulating the myth to suit present goals.

But Treasury Board President Tony Clement is going to need a chiropractor to deal with the contortions required to enlist legendary Canadian doctor and avowed communist Norman Bethune in the Conservative government’s drive for closer trade ties with China.

Clement was on hand Wednesday to open a new $2.5-million interpretive centre at Bethune’s birthplace in Gravenhurst, Ont., which is in his riding.

https://ca.news.yahoo.com/blogs/dailybrew/harper-tories-embrace-marxist-hero-dr-norman-bethune-232158368.html

It’s the hypocrisy. But you like most of the public seem to have a lot more problems with politicians being honest.

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

>It’s the hypocrisy.

you have a problem of the conservatives hypocritical lip service, but don’t have a problem with the Trudeaus being true believers?

if i didn’t know better i would think you were on here pushing a political agenda.

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

Gold Turns Higher After Fed Sows Doubts on September Rate Increase
Fed statement cites stubbornly low inflation as cause for concern

http://www.wsj.com/articles/gold-nudges-up-in-nervous-trading-ahead-of-fed-outcome-1438136546

vangrl
Member
vangrl
Slagathor
Guest
Slagathor

… stated Saito, who said he has sold close to $100 million of property in Shaughnessy in the past 1½ years.”…

Given that it’s not possible for a Realturd to tell the truth, I wonder how much he’s really sold.

StupidityCheck
Guest
StupidityCheck

After almost 7 years in office, Moonbeam says city at breaking point? Then do the honourable thing and resign you useless fuck.

paulb
Member
Active Member

Coming to you from sunny Oregon. The 7 hour drive with the 3 kiddo’s was a pain but we made it. Nice place on the coast. Seaside for a few days and then staying on Cannon beach for a bit. Any tips on where to visit much appreciated. Kid stuff especially!

New Listings 161
Price Changes 58
Sold Listings 207
TI:12683

http://www.paulboenisch.com
http://www.paulboenisch.com

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