Wake Up Vancouver!

    Citizens for a Better Vancouver

Soaring Vancouver land values are also leading to a ....

..... rush of strata windups, where owners of older townhouse or condominium projects vote to sell the entire complex for the land value. A recent example is in the West End, where a 53-unit condo project on less than half an acre sold for $52 million. In North Vancouver, sites with old townhouses on them are selling for up to $10 million an acre.

Link: http://www.westerninvestor.com/news/british-columbia/one-in-four-vancouver-houses-sold-is-torn-down-1.23342945?platform=hootsuite

 

this will MEAN much HIGHER COSTS and it will

Horgan's Sweetheart Deal, Where is Weaver on all this?