“Henry Pryor, a property buying agent, says the London luxury new-build market is ‘already overstuffed but we’re just building more of them’.
“’We’re going to have loads of empty and part-built posh ghost towers,’ he says. ‘They were built as gambling chips for rich overseas investors, but they are no longer interested in the London casino and have moved on.”
“Ghost towers: half of new-build luxury London flats fail to sell,” Rupert Neate, The Guardian, January 26, 2018
“According to U.S. group Demographia, Vancouver is the third-least affordable city in the world for a home ….”
“Vancouver housing market more unaffordable than New York and London: survey,” Gerry Marr, The Financial Post, January 26, 2016
“I think there are people who say the Vancouver model is fine, and then there are others who don’t like the Vancouver model.”
Hon. Mike Farnworth, Minister of Public Safety & Solicitor General
“In this chapter, we introduce the Vancouver model to tourism infrastructure planning and development. The key characteristics of this model are (1) an emphasis on private sector participation in tourism project development with little or no direct public financial support, (2) the leveraging of tourist amenities and infrastructure through private sector developments, and (3) an emphasis on planning for a liveable region, with particular emphasis on housing.”
Dennis R. Judd, The Infrastructure of Play: Building the Tourist City
“Of course, the Vancouver model lacks the keen public relations touch of the other, more media-centric New Urbanism. But that may come. Within a matter of years, the Vancouver urban prototype will save more energy, house more people, and make finer urban neigh- borhoods than all the overhyped neo-nineteenth-century projects combined. Vancouver is the portal through which the twenty-first-century city is being conceived, for good, and sometimes, for ill.”
Trevor Boddy, “New Urbanism: ‘The Vancouver Model’”
“[T]he Vancouver model is socially and politically regressive, promoting a suburban homogeneity, complacency, and torpor that threatens the capacity of cities to function as sites that support vitality, difference, and invention.”
“I was advised that the particular style of money laundering in B.C. related to B.C. casinos is being called, quote, ‘the Vancouver model’ in at least one international intelligence community.”
Hon. David Eby, Attorney General
The sudden arrival of the unseasonal cold has sped-up the fig tree’s autumnal striptease. Its bare limbs stand among a discarded shroud of leaves.
On this crystal clear Sunday I opt for the raking zen exercise.
Pulling the freeze-dried leaves into a pile, sunshine catches.
Something dreamlike: ice, molded by the corrugated skin and delicate veins of leaves.
“You may not have heard of the South Korean pop group Twice, but the nine-member K-Pop superstars have put Canada, and specifically Vancouver, on the world map with their new hit video ….
“In the video, the young women appear in locations around Vancouver, singing and dancing at several spots in historic (and ultra-hip) Gastown, along the Stanley Park seawall, in a famous downtown alley, at a favourite deli and more — as well as in the fishing village of Steveston, on the White Rock pier, and while taking a ride on the SkyTrain.”
As reported in the Vancouver Sun, census figures for 2016 show 25,502 unoccupied or empty housing units in the City of Vancouver -15 per cent higher than recorded in the previous census of 2011.
According to urban planner and Director of Simon Fraser University’s City Program, the bulk of the empty units were concentrated in Coal Harbour, Marine Gateway and Joyce-Collingwood. Following Vancouver were Surrey (11,195 homes), Burnaby (5,829) and Richmond (4,021).
From “Population Change 2011 – 2016” by CensusMapper (based on Canada Census 2016):
This map shows the relative population change between the 2011 and 2016 censuses in each area.
The population grew in all provinces except in New Brunswick, where population dropped by half a percent.
At the Census District level there is considerable variation, with strongest population gains in urban areas.
Even within Census Metropolitan areas there are parts with population decline, as can be seen well e.g. in Vancouver ….
Every year U-Haul International, Inc. presents “migration trends” reports, based on data collected from more than 21,000 locations in all 50 states and 10 provinces.
City growth rankings are determined by the net of one-way U-Hauls arriving and departing in a calendar year.
According to this information, Kamloops leads the country in growth -that is, it leads in net arrivals. The top-ranking British Columbia cities are, Chilliwack (9th), Vernon (15th), Penticton (18th) and Merritt (24th).
As Gordon Clark underscores: 52.9 per cent of one-way U-Haul trucks leave Vancouver, compared to the 47.1 per cent that arrive.
In other words, we’re a “net loss city.”