Month: June 2018

Fentanyl/Real Estate Cycle
June 28, 2018
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Fentanyl dealers launder their profits through Vancouver’s real estate market1)https://globalnews.ca/news/4149818/vancouver-cautionary-tale-money-laundering-drugs/ The influx of proceeds of transnational crime causes Vancouver’s home prices to soar causing a frenzy of speculation. This toxic demand then leads to eviction and homelessness. Eviction and homeless has been linked to increases in addiction2)William Damon, Ryan McNeil, M -J Milloy, Ekaterina Nosova, […]

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Giving Ian Gillespie tax dollars to fix the housing crisis would be like giving a fentanyl dealer public money to buy naloxone kits to sell back to his clients
June 14, 2018
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Right Honourable Justin Trudeau, Office of the Prime Minister 80 Wellington Street Ottawa, ON K1A 0A2 Dear Prime Minister, Please don’t hand over $14B of our tax dollars to Westbank’s Ian Gillespie I’m dismayed and distressed to hear that the Government of Canada is considering handing $14 billion in taxpayer dollars to real estate developer […]

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City of Vancouver MOU lets Airbnb off the hook
June 6, 2018
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Vancouver Mayor Gregor Robertson announced last week with much fanfare that the City of Vancouver has signed a memorandum of understanding with Airbnb to help the city crackdown on illegal short term rentals. I got a hold of the full text of the MOU1)https://drive.google.com/file/d/1fhQagqnZxXHX2DGmAysApgO5xYN0OSaa/view?usp=sharing through a Freedom of Information request. Buried inside the five pages […]

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No, Dr. Tansey, CMHC report never claimed that “the effect of foreign investors is small compared to other factors”
June 2, 2018
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Yesterday, I demonstrated1)UBC report blaming red tape for housing crisis is based on lobby group report containing demonstrably false numbers that the report3)Growing Pains: Density, economic growth, sustainability and wellbeing in Metro Vancouver by Dr. James Tansey of UBC Sauder School of Business blaming red tape instead of foreign speculators has used a demonstrably false […]

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UBC report blaming red tape for housing crisis is based on lobby group report containing demonstrably false numbers
June 1, 2018
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Dr. James Tansey of UBC Sauder School of Business has just published a study blaming red tape, and not foreign buyers, for Vancouver’s housing affordability crisis1)Growing Pains: Density, economic growth, sustainability and wellbeing in Metro Vancouver. Given that a recent “study” by Prof. Andrey Pavlov of SFU Beedie School of Business turned out to be […]

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