DTES transformation set at $1 billion
Vancouver released its proposal for the troubled Downtown Eastside neighbourhood Thursday at a price tag of more than $1 billion.
In more than a decade of journalism, one of my enduring interests has been housing, real estate and homelessness.
In 2013, I began a year-long reporting project exploring solutions to the affordable housing crisis in B.C. for the Tyee Solutions Society, investigating rental, social housing, and homeownership. I have been covering housing issues regularly since I first slept overnight in a squatted abandoned building for a Martlet newspaper feature in 2003.
Below are some samples from my real estate portfolio.
Vancouver released its proposal for the troubled Downtown Eastside neighbourhood Thursday at a price tag of more than $1 billion.
Over the past decade, the average price tag of new homes in Canada has almost doubled, and homeownership remains hindered by skyrocketing personal debt.
If you are among the more than half of Vancouverites who rent their homes, having to fork over a hefty chunk of your income to a landlord every month might elicit groans or even disdain as prices climb.
Downtown Vancouver may have the equivalent of nearly two-dozen 30-storey condominium towers sitting empty, serving as merely oversized “safety deposit boxes” for the wealthy, according to researchers. But blaming the city’s severe housing prices on absentee foreign investors could just be “this decade’s version of the Yellow Peril,” a UBC business professor has warned.
Vancouver’s housing crisis worsened in the Downtown Eastside in the past year, according to a report released yesterday by an activist housing group, with fewer and fewer Single Resident Occupancy (SROS) rentals within reach of many residents’ budgets.
SALT SPRING ISLAND, BC – Faced with major housing shortages, people looking for affordable lodging on Salt Spring are being forced to choose between homelessness and losing their support network