Eye on supply
Suburbs buzz with new rental activity; City of Vancouver sleeps at the wheel
Suburbs buzz with new rental activity; City of Vancouver sleeps at the wheel
You may hit a home run selling your property as a redevelopment site.
Spoiler alert – don’t downzone!
Transactions, dollar volume and values decline.
The last 18 months or so would rate amongst the most challenging we’ve seen in almost two decades.
Motion would effectively downzone a number of properties, arbitrarily decreasing their value without consultation with affected landowners.
The Goodman Report has learned from a City of Vancouver planning department employee that a City councillor has filed a motion recommending cancellation of the City’s Secure Market Rental Housing Policy and the deforestation of approximately 10% of Stanley Park which is not being used.
The little City that could becomes the little City that won’t
Nature’s historic headwinds, which buffeted B.C.’s south coast in mid-December, were not the only blustery forces impacting our geographic area.