Sandy Garossino has written an interesting article about our real estate situation in Vancouver. A phrase in the article describes us as the "safety-deposit box for the world". People using our area of the city as a place for investment are not interested in thoughtfully-renovated 1920's cottages, 1930's character homes with lovely gardens and large trees, solidly-built 1950's bungalows, or roomy 1980's Vancouver specials. That is why we see so many of these pre-demolition stakes in our Dunbar area (and other areas). Here's the link to the article:
Unaffordable (That’s What You Are)
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