When it comes to housing affordability on the North Shore much like in Vancouver City; it is becoming more and more unattainable for our seniors/pensioners, fixed and low income earners and yes our Millennials and generations thereafter. The reality and future economic and social wellness of our city is in dire straits with not only small business leaving or considering to leave but so are our Millennials having had enough! Unwilling to pay soaring rents with no return on their investment with up to 4% rental hikes each and every year thereafter… #time4millennialsMoveOn
Any Millennial family trying to save for one of our ridiculously overpriced $1 to 1.5 plus million priced homes/condos will take them IF they are able to save 20% of their approx. $68K annual income up 20 YEARS compared to Toronto 4.6 yrs. and Edmonton’s one year!. source: Star Metro Vancouver: Aug. 1/18 & Point2Homes: https://www.point2homes.com/news/canada-real-estate/average-national-home-price-buy-bedrooms.html
It’s becoming more and more apparent why our North Shore culpable density mayors: Mussatto & Walton are unwilling to run for re-election in cities they have fornicated beyond recovery… and thus tarnishing their vainglorious legacies. What they don’t realize is their legacies have already been condemned for ever and ever amen.
A song that is as relevant today as it was 40 years ago when it comes to peoples’ hopes and dreams being shattered by greed & ignorance…
Our Metro Vancouver mayors (especially our density demagoguery mayor) must be so damn proud being the “runaway leaders in Unaffordable Housing in the entire North American Continent!” – congratulations uppity Grinch-like city council stooges! A banner that will FOREVER DEFINE & ENTOMB your infamies after having deliberately put the cart: too much unaffordable housing ahead of the horse: sustainable affordable housing!
Further substantiated weeks ago in the credible Star Metro Vancouver front page headliner: “Owning A House Now Costs 120% Of An Average Household Income”… ‘It’s hard to deny there is a crisis situation in Vancouver’ (Robert Hogue) https://www.pressreader.com/canada/starmetro-vancouver/20180704/281917363829562
Our housing unaffordability crisis will not be overcome or resolved by the eminent upcoming October 20th fresh out of the box elected city councils. It will take more than 4 years – perhaps up to a decade before Metro Vancouver’s social and housing wellness will inherit any kind of genuine housing semblance… unless there is as some housing experts are forecasting – an impending cataclysmic unaffordablility housing collapse! #HousingBubbleBurst
… Meanwhile our infamous city council will in September continue affording projects like NV Museum & Archives more money after they shoehorned themselves into a horsetrading Polygon Esplanade towering location i.e. being in desperate panic mode to find a new home, recklessly misappropriating their move-in setup/display costs. Consequentially leaving them with a $550k shortfall egg on their archival faces…
Ready, get set…tonight city council is about to approve a GENTRIFIED strata co-housing project. A project with good intentions but let’s not kid ourselves. When these eight 25% below market housing units are completed in two plus years and if housing prices keep soaring above and beyond 1.5 to 2+ million on the North Shore and with Canada Interests Rates just going up – you will need at least $150K to qualify along with one hell of a hefty down payment. Never mind how much it will be to qualify for any of the remaining fully priced family units… my guess is at least $200K! #CNVgentrification #UnaffordableCoHousing
At least the mayor and most city councillors did put a temporary hold on this project at last week’s city council meeting. Requesting our scam artist city engineers and planning departments to see how the existing 20 ft. wide lane and its location which is WTF: not part of the planned development can be best saved. A 30+ year city lane that must be narrowed behind project to 10 ft and partially fenced (Wagg Park) butting up to lane in order to facilitate the co-housing project’s traffic flow entering and existing from their underground strata parking stalls! #WrongHousing #WrongNeighbourhoodDensity
The solution is something Driftwood Co-housing and of course our infamous City Engineers are not in favour of which is: implementing “geotextile” around the riparian tree root zone which helps in the strengthening of the soil. This would of course cause considerable delays and costs to this application i.e. accepting a neighbourly solution! https://en.wikipedia.org/wiki/Geotextile #neighbourlessDevelopment
First up setting the scene is a cameo performance by Councillor Bell and debuting is Driftwood Village Co-Housing’s Odete Pinho…
And with a looming mayoral race only months away, I thought I would pull the POV’s on this projects affordability from wannabe mayor Buchanan and from: is Clark running for city council or mayor…
What the hell is wrong with this city… we have a City Council, Hollyburn Family Services Society, Community Housing Action Committee, Generation Squeeze? and LL Business Improvement Area all on board for MORE UNAFFORDABLE RENTAL HOUSING. #RentalMortgageRates
When Anthem gets around building their faulty tower market valued apartment building in 3 years and given how construction costs keep rocketing skyward, rents should be hovering around $3,000 for a two bedroom. Take 10% off 3K and rent will still be at an unaffordable $2,700! And what these nincompoops keep avoiding is EVERY YEAR everyone of these rental units will have their rent increased by up to 4% each and every year thereafter! I for one as a senior could never afford one of these hoity toity 10/10/10 units even it they were for perpetuity! What our infamous city council is really offering in low income rental units is: 10/10+4/10!
And I also see in the news the other day oh boy, the Bolshevik District Council lead by Bolshie Bassam just don’t know when to quit. Willing to throw away $100K towards a reunification study that would hopefully lead to an amalgamation plebiscite after their new October 20th District Council has been elected. With the belief of course Bolshie will be at the helm and CNV will elect maybe pro amalgamation Guy Heywood as mayor with enough pro Bolshevik elected city councillors to overturn our existing city council’s nixing of amalgamation. #NoHopeInHell
белиберда (balderdash, nonsensical)
First I want to thank all those who wanted to support my run for city councillor. This was by no means an easy decision, triggered by June 18’s underhanded Harry Jerome Lands Rezoning Public Hearing and then the unconscionable audacity of Darwin/Collier Realty to release “in print’ the knowledge that Harry Jerome Lands behind Harry Jerome Neighbourhood resident’s back is a foregone conclusion!
The 8 to 9 years needed to construct these premeditated faulty towers and annihilation of the existing Harry Jerome Lands is the straw that broke my camel’s back. I will not spend a decade in a convoluting “destroy and build” city council SELLOUT CONSTRUCTION ZONE!
Moving on… We are only “101 days or 14 weeks + 3 days” away from electing a new mayor & hopefully six “new” neighbourly city councillors. Currently we have two insiders and 1 1/2 outsiders, Guy Heywood having served previously on the 2009 city council running for mayor… Curious, does anyone know what happened to Heywood’s drummed-up NVCAA regime? Their website is MIA.
With 4 candidates running for mayor maybe we’ll begin to read and hear a little “pre-season” mayoral race trash talk along with fireworks turfing and boasting on who is best suited to be our new leader. Wouldn’t it be nice if these four familiar contenders inspired others to run for mayor. Mayoral candidates bringing a breath of fresh air in social & economic perspectives. Especially after being held hostage for 4 long years by a city council that is developer compliant and anti NIMBY! But running for mayor ain’t cheap, same goes running for city councillor!
I left out pro-amalgamation George Pringle who has not officially thrown-in his hat into the mayor’s ring. In the last election he received around 300 votes. But it would be interesting in having two amalgamation candidates running and see who would get the majority of the CNV “307” who voted in favour i.e. twinning of our North Shore cities from the recent farcical District/NRG reunification survey.
In our upcoming election with limited mayoral spending limits and donor restrictions, don’t be surprised if at least one of our contender’s legitimacy is impaired by their campaign disingenuous endeavours. Much like Guy Heywood noted & presented at a March 2015 city council meeting… https://nvcityvoices.wordpress.com/2015/page/14/
Let the mayoral war games begin!
How in the hell mayor and city councillor despicables can Darwin Construction via Colliers International Realty have had the audacity to send out to local business/retail establishments earlier this week a mail-out brochure prior any final decision making on their “leased” commercial spaces. Retail floor plans they are currently advertising as office spaces you can now “own!” i.e. after complying with the requirements of the BC Real Estate Dev. Marketing Act and filing a disclosure statement. #unlawfulAct
Two weeks ago city council only approved the rezoning of the Harry Jerome Lands to new unprecedented fornicating heights. “NOTHING IS YET ETCHED IN STONE REGARDING THE FINAL USE OF THESE LANDS – TO BE DECIDED “IN COMBINE” WITH CITY COUNCIL AND NOT BEFORE THE NEW HJ REC CENTRE HAS BEEN APPROVED!” #FoulPlay
Back in the nineties I was for 3 years the Art Director for the largest architect firm at the time in Alberta (TCEP). I know how much design time and print turnaround it takes to produce one of these “sophisticated” candy coated colour brochures. I designed umpteen of these type brochures, AO Boards and their annual calendar during my years at this architect firm. Whom in 2010 merged with other architect and engineer firms across Canada and are now collectively known as DIALOG.
The point I am making is my credentials tell me this was not an overnight rush job! Darwin under wraps may have been GREEN LIT months ago – prior the rezoning HJ Lands Public Hearing from only two weeks ago! #collusion #InsideJob
Darwin “is” a double-dipping donor to Mussatto’s 2014 campaign and is about to be richly rewarded 8 YEAR FOLD. No commercial realtor would EVER RISK being LIABLE in selling retail space in a building(s) that has not yet been APPROVED by the respective CITY COUNCIL! Nor would they ever be willing to waste money on a brochure on behalf of their “client” (Darwin) if they knew CNV City Council/City Planners and “mayor” were completely onside for this en mass mammoth fornicating development! #InsideTrading
I have iterated over and over again about the backroom corrupt governance of our existing city council, city planners and our SELLOUT MAYOR. I have truly had enough! #Vote4ChangeOctober20
Today’s cartoon is actually a carbon update from one I did two years ago in “June 2015”. When our mayor was chirping the “new norm” for a 2 bedroom apartment then was an outrageous $1,500 at his campaign donor FDG mixed property lane gobbling new highrise. And to no one’s surprise FDG also received 12 bonus floors at their 161 E. Keith Rd. location. At the time a typical 2 bedroom unit was renting for $1,100 a month. Jettisoning to June 2018 a new market value 2 bedroom is around $2,500+! Since 2015 the costs of rentals has jumped at least $1,000 a month, showing no signs of supply & demand leveling off!
With property values and accelerating construction costs also showing no signs in leveling off. You can surely expect a “mid market value” two bedroom rental from last Monday Night’s 127/129 E. 12 St. Public Hearing that was approved 6 to 1 (Bell) will be $3,500 when completed in two years! Their low income rentals marked down 10% for only 10 years will cost low income families a whopping unaffordable $3,150! And this is ONLY for the first one year lease! Then in perpetuity the landlord at today’s allowable rent increase of 4% – rent in year 2 will be $3,250, in year 3: $3,415, in 5 years a whopping $3.500 and in 10 years OMG: $4,000 plus!! #RentalMortgageRates #unaffordableRentalHousing
So when wannabe mayor Buchanan and now I hear maybe wannabe mayor Clark “home owners” and the rest of city council are in favour of 10/10/10 affordable rental housing. Just keep in mind these new low income rentals are still at least one year away from offering 10% below market value. At which point a 2 bedroom “low income rental” will be $3,000 a month! These are NOT LOW INCOME AFFORDABLE RENTALS!
Our city council wants you to believe they are seriously dealing with our low income rental crisis when in fact all they are promoting in this an election year is equivocating and pleading for low income electoral support! Their vulturine developer buds WILL NEVER OFFER “real low income rental housing” at 50% below rental retail!
Low income housing can only largely come from Provincial and or Federal Government Assisted Programs. Provincial (Liberal) programs Vancouver City and the District have previously and readily welcomed… We under Mussatto’s CityShaping developer siege did not. #Vote4Change