The biggest story in Vancouver right now is the massive condo and apartment demolition that is going on across the city.
It’s estimated to be around $1 billion.
In order to get it done, you have to be willing to sacrifice a lot of what you’ve got, and you also have to put a lot more money into it.
And there are a lot that you don’t even know about, so it’s kind of like a double whammy.
And we have a whole lot of condo and apartments that have been demolished and we’re still talking about them.
So we need to do this in a really thoughtful way.
But what we’re seeing is that in a city where the median income is almost $75,000, where the average home price is around $200,000 and where the population is growing every year, this sort of thing is going too far.
I’ve actually heard from a lot, many, many people who are really frustrated.
And it’s not just about what’s happening on the ground, either.
It just seems to be that the city is going in the wrong direction.
It seems that the people who work in these buildings and live in these apartments, and who really care about them, are being told to go along with this.
And so what do you do?
So here’s the problem, and I’m not just talking about condos.
There’s also apartments.
There are lots of apartments on the market that are being demolished and then people are moving in, and it’s very hard to see the value of the property.
And I have to tell you, it’s like I’m going to throw a rock at a car.
You know what I mean?
So what I’m saying is that this is not about how you live.
It is about the value.
And that is what the city needs to do.
So, for example, if you’re going to demolish an apartment and then build a new condo, you’re basically giving people the option of being able to buy an apartment, or to live in a condo.
So what do we do?
Well, we need a process.
I want to make sure that the developers of these condos and apartments, the real estate agents and real estate boards, have to do a lot better job of making sure that they understand what’s going on, and that they have a process for making sure they’re going in with the right mindset and not the wrong one.
We need to be very, very careful.
The condo and the apartment is the future of Vancouver.
It will change the way we live, it will change our culture, and if we don’t have a plan in place to make it happen, it is very hard for us to do what we want to do with this city.
And if we have that, the people that are actually going to live there, that are going to buy the condos, the developers, will be able to move forward.
So there’s a whole bunch of things we need for this to happen.
We also need to think about the impacts to our city and our economy.
So let’s talk about the impact that this condo and an apartment are going, and how they’re being created.
When is it going to happen?
What are we going to see next?
And how do we know that the condos are going into the right hands?
So let me just talk about how the condo and a condo are going.
So when a developer is ready to go in, they’re gonna get a lease from the city, and they’re just going to put their name on the lease, and we don.t even know who the developer is.
We don’t know where they’re from, and our real estate board doesn’t know either.
We just know that they’re the developers.
So they’re not even licensed to do anything.
They don’t get to do any of the work on the site, they don’t receive any permits.
So then they’re basically just going around and buying condos.
And once they buy condos, they have no responsibility whatsoever.
They can just go out and tear down all the other condos.
But then when they’re done, they can go out to buy another condo.
And they can do this on their own time, as they please.
So all of these things happen in parallel, and all of them are just part of the overall process.
Now, what happens when the condos come in?
What happens to the value?
And then the other thing is the condos that they buy, how much do they sell for?
And what happens to all of the money that is already being invested?
Well let me start with the condos.
Well, they just come up for sale, and then you have a lot to sort of figure out.
The first thing to figure out is what price the condos have.
What’s the market value?
Well they come up and say, “We