CondoAdvisory Blog

There is a situation right now in East Vancouver where a Developer is offering tenants more than they are required to to vacate their units. At issue of course is that they are affordable units and the developer will tear them done and build new condos, town homes etc.

OK, of course we don’t like to see people who cannot afford more expensive housing put out on the street, that is just not right. But the real question here is who is responsible for providing this housing. Why is it private companies and individual owners that must do this, where is the government in this, maybe they should spend less time putting restrictions on private companies and individuals to try and pass the buck to them and come up with a plan of their own.

In this case if the developer has purchased the land as if following the laws, what is the problem. It gets tiring listening to these cases and the rulings of the tenancy boards etc. Why go into the property business, if the government wants to control it why don’t they buy it.

Again, please don’t misunderstand the fact that I do feel sympathy for those who have to find new housing, I just think the responsibility is being passed on rather than dealt with.

Read more at the Tyee