A collection of articles and quick commentary on residential real estate. "It's different this time, really . . . " Ha ha ha. No, it's not.
When China goes down, so does Australia and Canada.
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Tuesday, May 13, 2014
It's not just an unaffordability index, it's real quality of life being lost
Doug McCandless grumbles that a building project can drag on for two years: “The neighbourhood is held hostage to contractors coming and going, huge messes accumulating on site with no deadline in sight.”
A year ago, University of B.C. geography professor David Ley told the South China Morning Post’s Ian Young he was surprised Vancouver hasn’t seen a political pushback.
Of course, foreign buyers are a mixed blessing, boosting the economy as they make their property purchases. And for now at least, that’s more of a priority for government than any lack of affordability.
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