All posts by VCI Admin

Friday free-for-all! May 11th 2018

Its that time of the week again, free-for-all time!

This is our regular end of the week news round up and open topic discussion thread for the weekend. Here are a few recent links to kick off the chat:

realtors, developers brace for crash

86% want to curb foreign speculation

gov introduces presales registry bill

vancouver luxury market worst on continent

unexplained money

cut condo flipper taxes in half

So what are you seeing out there? Post your news links, thoughts and anecdotes in the comments below and have an excellent weekend!

Millionaires protest exorbitant unfair tax

From justme: people that own homes worth more that 3 million dollars may have to pay an extra housing tax. For a 3.5 million dollar property that could cost as much as $50 to $100 per month.

“Owners of multi-million dollar homes are probably not going to endear themselves to the public by pleading financial hardship. Nevertheless, more than 100 Vancouver residents gathered in a park last week to protest a surtax introduced by the provincial NDP government on homes worth more than $3 million. They wielded signs claiming the government “wants to confiscate your hard-earned home savings!” The tax, they said, is “unfair,” “exorbitant” and “predatory.”

Read more here.

Social housing for Richmond

Did you know that Richmond BC matches the downtown Eastside for one of the poorest neighborhoods in Canada? Shared by hyper-mega-bull:

Sign the petition to build modular housing in RICHMOND, one of canada’s poorest neighbourhoods.

https://www.change.org/p/malcolmbrodie-let-s-get-housingjusticermd-for-richmond-s-modular-housing-loveoverfear?utm_medium=email&utm_source=petition_signer_receipt&utm_campaign=triggered&share_context=signature_receipt&recruiter=292398037

Richmond, Downtown Eastside have similar levels of low-income, working-aged people: study
https://globalnews.ca/news/3773729/richmond-incomes-downtown-eastside/

and the neighbourhood that this housing is going into is literally the poorest in richmond.

SIGN THE PETITION. GET MUCH NEEDED HOUSING RELIEF TO CANADA’S POOREST NEIGHBOURHOOD!

DO IT NOW!

Friday free-for-all! May the 4th 2018

It’s the end of another week and that means its time for another friday free for all, our regular news round up and open topic discussion thread for the weekend.

Here’s a few recent links to kick off the chat:

2018 trend: up

protests cancel Eby town hall

stress test based on fixed rates

halting insider presales

no days yet with 200 sales

stop talking about property tax

So what are you seeing out there? Post your news links, thoughts and anecdotes in the comments below and have an excellent weekend!

Poltergeist 2018

Vancouver’s ‘most haunted house’ is getting an upgrade:

A legendary home often dubbed “Vancouver’s most haunted house,” on a property rumoured to be an Indigenous burial ground, is the subject of a rezoning application for a new condo building.

Pennyfarthing Development, the developer of a number of high-end condos along the Cambie Corridor, is applying for rezoning on the site, which is diagonally opposite the King Edward Canada Line station.

Read the full article here.