
Patrick Condon
@pmcondon2
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UBC Prof. in urban design I treat all with respect - I ask the same. Blocks for those who dont. Book on why non market housing is our only hope. Link below
Vancouver, British Columbia
Joined May 2018
Come on! This is crazy!!!.
Attention land speculators!!! In Vancouver we now give away new land development rights for free!” . “ Although policy required below market rateunits, Planning was willing to recommend not requiring them, because a city-initiated area rezoning had eaten up all the land lift. The.
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As I tell my students, the way to make serious risk free money is in the land speculation. Eventual builders and their bankers left holding the stinking bag.
HISTORY. In 2013 developer Wall purchased the CURV site for $16.8M, selling it in 2016 for $60M to a buyer who flipped it one month later for $68M in a share-sale avoiding PTT. BC Assessment was only $15.6 M. In 2020 after 24.7 FSR approved, another sale, possibly for $100M.
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UGH!!. Yet another Atlantic screed that just assumes everyone knows that zoning causes high home prices. The evidence is in. It doesn't. Globe wide urban land price speculation sure does. Evidence in the reply.
www.theatlantic.com
There’s nothing centrist or conservative about the push to lower housing costs.
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Slogan for the day: .Deregulating housing can't make home prices go down, but development taxes and planning controls CAN lower land price. Lowering land price is a GOOD thing. More truth below: .
drive.google.com
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Grifting in Vancouver.
ALMOST COMICAL. City FOI could only find 3 Agendas for meetings of its secret PEF (City Real Estate) Advisory Panel, 2 of them undated. I was told I had to make a new FOI request if I wanted the dates of those 2 meetings and of the meetings for which FOI could locate no agendas.
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RT @jmassengale: #AffordableHousing in #Vancouver. Affordable Housing and Politics are equally local, but there are overlaps between Vancou….
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