My right

I gave up on my "dream" of owning a house in the Lower Mainland. Too expensive and I think it's ridiculous that people are lusting after it just because they think it's their god-given right as natural-born Vancouverites. I'm happy to be living in my one bedroom condo in the not-so-distant suburbs. Instead of living in an overpriced house in the city and walking everywhere, I drive my overpriced luxury car into the city. We're all ridiculous in our own way.

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honestly

Jun 27, 2016 at 10:06pm

I just want to be able to rent for a reasonable rate. Everytime someone tries to build new apartments, though, the NIMBYs are out in full force trying to stop it because they don't want anything other than single-family houses.

@honestly

Jun 28, 2016 at 9:43am

We're building condos for immigrants.
Canada had enough housing stock by the mid 1970s, because that is when our population started to naturally decline. Banks and other industries require continual growth, so they started bringing in immigrants in huge numbers and sold Canadian proles on "multiculturalism", because the real reason is too ghastly: we're going to destroy the job market, the housing market, pretty much everything, so that banks can continue practicing usury, without the system collapsing. It's marginally true that had we not enacted this immigration policy, if we had also not fixed our banking policy, we might have been in trouble, but in Canada, anyone with 1/4 of a brain has known about banking problems since the 1930s if not earlier---see Gerry McGeere question Graham towers in the Senate Standing Committee on Banking and Commerce, 1939 minutes. Or today, see the COMER lawsuit.

I think you are right if you want to say the damage is done, people should give up---like sitting in the rubble, shell-shocked, after some building in London was destroyed in a Blitzkrieg, hoping it will come back. It won't, but that doesn't mean we can't identify and blame the Nazi pukes who destroyed our country for the sake of industry/banks.

honestly

Jun 28, 2016 at 2:07pm

and just WHAT does my comment specifically about rental housing have to do with your comment about condos?

9 7Rating: +2

@ "@honestly"

Jun 28, 2016 at 3:27pm

"Banks and other industries require continual growth"

No they don't, the need for perpetual growth comes from central banks using debt-based money (borrowing from people who haven't been born yet). The debt money scheme is necessary for an otherwise mathematically impossible welfare state.

A mathematically impossible welfare state is needed for democracy. Stealing from tomorrow to bribe people for their votes today. In other words, democracy and welfare, not industry, is the driving force.

I gave up on Vancouver a decade ago

Jun 28, 2016 at 9:56pm

And after the US crash I bought 9 houses and 5 condos in Florida.
They'e almost paid off.
Just look in Zillow,you can still get a really nice condo a couple blocks off the beach in St Petersburg or Tampa for $100k or a little old East Van-ish house for $125k.

I'll be leaving soon,never to look back.

11 6Rating: +5

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