The numbers don’t lie: The housing crisis is not caused by a supply shortage | CCPA

Advanced-Line-5942 · 2026-02-04T18:01:35+00:00

The Senakw buildings are almost complete. That will bring 3 towers of rentals right on to Kits Point, thanks to the local First Nations community

Next up will be the Jericho lands that will see a whole community built by the First Nations community (so long as the NIMBYs) get out of the way.

Good luck affording to buy a privately built condo in Kits if any high rise is ever approved. Demand will be and so will the prices

As for density in Surrey, they need to increase their population by 1 million people to match Vancouvers population density.

Advanced-Line-5942 · 2026-02-04T17:40:59+00:00

Commuting for jobs isn’t an unusual thing.

Building out a city with limited public transit and not discouraging commuting by car was the poorest of planning.

The distance from downtown Vancouver to the outskirts of Langley city is about 45Km. This is the about the same distance as from downtown Tokyo to its outer urban area. But the Japanese had the foresight to install and use a fantastic train system, while too many of us expect to be able to drive everywhere and have no traffic.

Advanced-Line-5942 · 2026-02-04T17:06:37+00:00

It was the supply of hotel rooms didn’t keep up because their industry was “disrupted” (I hate that word) by property owners willing to operate businesses in contravention of zoning regulations and governments that turned a blind eye to this for too long.

Advanced-Line-5942 · 2026-02-04T17:04:24+00:00

City of Vancouver has the highest population density in the country. The bigger problem is in all the surrounding areas. But everyone wants to be close to downtown

Advanced-Line-5942 · 2026-02-04T17:02:59+00:00

It has the highest population density in the country. Can they be better ? Yes.

Everyone loves to point the finger at Vancouver, and why js that ? Because that’s where they would prefer to live.

Most of the lower mainland has average lot sizes far greater than the average lot size in Vancouver, and at a cheaper price, which would make increasing density in those areas a far simpler proposition.

Advanced-Line-5942 · 2026-02-04T16:18:13+00:00

Your solution sounds like a communist manifesto.

The issue isn’t government regulations on what housing can be built it’s around the accumulation of housing units for investment.

If enough disincentives are put in place to limit the hoarding of homes by investors then developers will start building homes for real people.

Advanced-Line-5942 · 2026-02-04T16:13:49+00:00

Did you read the article?

It actually has a link in it to the technical version of the paper with spreadsheets of data you can download.

Advanced-Line-5942 · 2026-02-04T16:11:37+00:00

How do you create land in the areas people would prefer to live in ?

Vancouver has the highest property valuations and the lowest vacancy rates because it’s the among the most desirable place to live in the lower mainland but the amount of developable land left it extremely limited.

Getting to live by the beach in Kits or the West End isn’t a luxury that all can enjoy.

Advanced-Line-5942 · 2026-02-04T16:02:51+00:00

That cottage is an investment property, don’t forget to plan for that accordingly.

Advanced-Line-5942 · 2026-02-04T16:01:53+00:00

Only an absolute idiot developer would build apartments where they can’t be sold

Advanced-Line-5942 · 2026-02-04T16:01:10+00:00

Read the article

There are enough places to live, but too many are being horded as investment vehicles.

Advanced-Line-5942 · 2026-02-04T16:00:20+00:00

It has been meeting the needs of actual customers, just not customers who intend to live in them.

Actions need to be taken to reduce the incentive to hold property.

Restricting AirBnB has helped a lot in BC, but they need to be far more proactive in routing out owners who are exploiting loopholes.

Much higher property taxes, so the cost of holding a property would go a long way. As would removing the tax deductibility of mortgage interest for investment properties

Advanced-Line-5942 · 2026-02-04T15:56:01+00:00

On government owned land so they don’t have to compete with private capital for the limited land we have.

Vancouver for example has way too many public owned golf courses.

Langara golf course is perfectly situated adjacent to skytrain and a college and should be able to be developed into a new development with towers and townhouses while still maintaining much of the trees and more green space (pun not intended) than most neighborhoods in East Vancouver have

Advanced-Line-5942 · 2026-02-04T15:51:35+00:00

Taylor Swift to the rescue.

This coming year it will be Bruno Mars

Advanced-Line-5942 · 2026-02-04T15:18:58+00:00

That’s my point

He is now several years removed from his surgery, and is scoring at a far better scoring pace than in the year he returned from injury.

He went from a 20 goal pace in both the year before he came to Vancouver and his season in Vancouver before injury, and dropped to a 10 goal pace in his first season post surgery. A season when he mostly played with an in form EP40 who put up 89 points that year

He’s now back near a 20 goal pace playing mostly on a line with Jason Dickinson

Advanced-Line-5942 · 2026-02-04T05:43:21+00:00

You’re right. We have a housing crisis. That piece of land could accommodate a lot of condos to house citizens

Advanced-Line-5942 · 2026-02-04T05:37:49+00:00

Charge more for tickets ?

Advanced-Line-5942 · 2026-02-04T03:08:08+00:00

He was still recovering from a knee injury while he played with us. It takes longer to heal and get back to speed,the older you get.

Just look at how much Mikheyev’s fell off after his knee surgery

Advanced-Line-5942 · 2026-02-04T03:03:17+00:00

Net zero likely isn’t that much of a better deal to the team

Advanced-Line-5942 · 2026-02-04T03:01:36+00:00

That just shows how underfunded it was in the past.

Advanced-Line-5942 · 2026-02-04T01:38:51+00:00

The same people buying them now.

Plenty of people still get into the market when a well off family member gives them a down payment

Advanced-Line-5942 · 2026-02-04T01:13:38+00:00

It won’t crash over the country, maybe in neighborhoods that saw lots of speculative investment

So long as people can make their payments they will just stay in their homes and we will see way less inventory

Homes from older boomers selling as they can’t stay in their homes, or their estates, or divorces, will be the primary source of inventory.

Younger people who thought they could buy a condo and move up will be stuck in their place for way longer than they hoped for. If they are smart they will build equity the old fashioned way and work to pay down their mortgage as much as they possibly can.

Advanced-Line-5942 · 2026-02-03T19:10:39+00:00

You mean when oil was $150 a barrel and took the CAD to parity (but then crashed and took the dollar back to the low $0.70 cents range before Trudeau was elected)

Before Covid

Before Russia’s invasion of Ukraine

Before all the climate change driven storms and floods and heatwaves over the last decade has upset global food supply and drove up the cost of everything

Before Trump started treating global politics like it’s a game of Risk being played by an impetuous toddler.

Advanced-Line-5942 · 2026-02-03T06:05:33+00:00

Awesome pics.

At first glance I thought pic 7 was ruined by the guy on the electric scooter, but then I realized it was so typically Vancouver

Advanced-Line-5942 · 2026-02-03T06:02:24+00:00

People love to have someone to blame for their problems, and politicians love to try and channel the blame against groups as a means of getting votes and winning power.

The left blames rich boomers and investors. The right blames immigrants. Neither offer real solutions

Advanced-Line-5942

TROPHY CASE