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#shadowflipping — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #shadowflipping, aggregated by home.social.

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  1. #VanRE bubble bursting

    42% drop in #Vancouver housing starts? (Unstated) Existing condo inventory isn't selling.

    After 15+ years, the industry w/ mantra "increase supply (i.e. of *luxury* and shoebox condos) for more homes" states they can't build more "affordable homes", need "reduced construction costs" (for higher 🤑)

    Truly affordable homes for citizens who live in B.C. still unavailable.

    Land speculation + #shadowflipping increased -- after 15+ years same mantra.

    cbc.ca/news/canada/british-col

  2. Thanks to #VanRE #shadowflipping #casinogate + luxury condos:

    "The loss of rental stock due to redevelopment has made the net number of purpose-built rental units in B.C. comparable to what it was in the early 1990s — while the population has grown by 50% since that time."

    #Vancouver #affordablehousing #bcpoli

    cbc.ca/news/canada/british-col