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Roberta Olenick's avatar

Similar to Margeax, I am wondering when development will start taking over

Point Grey if an election or financial crash do not intervene. I am already going to lose part of my view to the MIRRHP tower at Alma and Broadway. Even if TEAM wins the election, will that have any effect on the Jericho lands given that that is a First Nations development?

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Lewis N Villegas's avatar

Let’s dust off the key elements…

Speculation problem? Tax it at $332/sf—more revenues for City Hall!

Like the 'empty homes tax' these moves by government are nothing more than a money grab. The punitive taxes will not deter off-shore capital from landing on these choice sites. They will be written off as 'the price of doing business' by folks overseas used to paying off government bribes.

So, any government action resulting in more government revenues has to be exposed for what it is—lying to the citizens.

The 'mix' of tenures is also laughable:

4% BELOW MARKET RENTAL

6% MARKET RENTAL

90% MARKET FOR SALE

We really are 'in through the looking glass' here. Once Upon A Time, the following mix was considered as appropriate in Vancouver (by TEAM 1.0 in False Creek South):

33% NON-Market

33% TARGETED TO MEDIAN HOUSEHOLD INCOMES

33% Market

Look at those numbers again and wonder out loud who is driving the train, and where that train is headed. 96% of Vancouverites are being shut out of the housing market by their very own government!

It is all coming to a head at the next election.

The last election saw only two Councillors re-elected. The Mayor and 8 other Councillors shown the door. THAT made it a change election.

Or did it?

Is there ANY difference between this Council and the one they replaced in almost 1 for 1 manner? No. Forecasts are that housing prices will grow from 7-times over affordability to 8-times over affordability by election time.

So, we face another 'change election'. Citizens must turn out and vote the bums out again.

With a new majority on Council, these 2050 plans can be exposed for what they really are...

Selling our city by the pound to the highest bidder.

Let's throw the bums out, and take a majority on Council! Then, let's give Vancouver back to the people again.

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