Posts Tagged ‘real estate speculation’

RIP Waldorf Hotel, another Vancouver cultural hub killed by condo interests

Wednesday, January 9th, 2013

 

This is a disaster. Vision Vancouver, are you really going to allow more speculative condo development to take out one of the last good mixed cultural venues in the city? For those who don’t know about Vancouver’s historic Waldorf Hotel, see its site or an article here .

…read more

“I’ve been told that the tallest building in hell has an awesome view of the emerald city”

Monday, May 14th, 2012

Heard those lyrics over the car radio last week. I did not know that the Emerald City was close enough to hell that you could actually see it from there, but that whole geography sounds a lot like Vancouver.

As everybody knows, the Emerald City is the fictional capital city in L.

…read more

Real estate speculation: high home purchase and rental prices in Vancouver & beyond

Thursday, May 26th, 2011

Photo of Vancouver by Colleen Hardwick

Vancouver is in the throes of a real estate gold rush. While Australia, Hong Kong, Singapore and China have passed legal deterrents such as property speculation taxes on second homes, Vancouver (and all of British Columbia) have not. This has left us open to rampant real estate speculation, largely from buyers in Mainland China who, quite reasonably, want to invest in land and will do it wherever they can escape punitive taxes or other barriers.

…read more