I’ve said it before, and I’m guessing I’ll say it again, but with a lot of condos sitting empty either on speculation or because the int’l owners use it as their pied-a-terre this seems.just.wrong. Hollyburn properties? This smells rotten.
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Score one for the ‘owning is better’ camp. When people are arguing about how fantastic renting is they tend to ignore that this can happen at any time.
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If the market prices for a certain product go up, why is it wrong to ask the buyers to pay this price?
If the price of bread, or gas was 30% lower 5 years ago, should I expect to pay the same today?
How is it fair to me that if I want to rent an apartment in the WE I have to pay 50% more than the couple in the video, effectively subsidizing them?
[Reply]
Yes, this type of thing rips communities apart. I grew up in Vancouver and most of my old friends have left. I often listen to people complain about Vancouver — people who have moved here from somewhere else, most often Ontario. They complain about the lack of community . . . I find it so ironic that there is some sort of expectation that a city this young that has grown so quickly should be anything like places in Ontario that have been established for a hundred or more years longer than Vancouver. If I feel this way I can’t imagine what our aboriginal neighbours feel.
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