by Zbigniew

The Fox News of local property development, Global TV, recently produced this unique mix of obfuscation and boosterism:

Nominally a story of Vancouver’s flagging real estate market it follows a contorted course that ends in a back pocket:

  1. Acknowledges that inventory is rising and sales are down -dramatically.
  2. Completely changes direction with a prolonged report on grotesquely expensive Westside property.
  3. Interviews a mouthpiece for the real estate industry, who –naturally- describes the market as “balanced”.
  4. Pulls these disparate threads together with a populist appeal along the lines of “gee, ain’t it shite to live next to a construction zone?”