#AdjustYourExpectations
Tiny violins. As RECartel used to say, "Econ 101 Supply Demand", and #AdjustYourExpectations (lower demand= lower the prices & your "windfall profits". Also building tiny condos that nobody wants to live in is now your problem #vanre #bubble #partysover #vanpoli #bcpoli www.cbc.ca/news/canada/...
As around 2,500 condos sit unsold in Metro Vancouver, experts warn of 'potential storm coming' for real estate | CBC News
The Canada Mortgage and Housing Corporation says there’s about 2,500 condos sitting unsold and empty in Metro Vancouver. The local real estate industry is concerned about layoffs and hopes for housing...
www.cbc.ca
October 3, 2025 at 12:39 AM
(Subscribers) "According to [RE] services firm MLA Canada, there were 1,426 presold homes released to the market in July, 2021, but only 572 in July, 2025. The number for this July? [42] Forty two."
www.theglobeandmail.com/real-estate/... #vanre #bubble #correction #presales #AdjustYourExpectations
As presale market slows, do-it-all firms forced to pivot
Not all have adapted, with some exiting the business entirely
www.theglobeandmail.com
August 15, 2026 at 7:48 PM
They continue reward developers to keep prices high.

S/b: Devs, #AdjustYourExpectations & prices. Let the “market” work.

Govts: No moar waivers, subsidies, delays for contractual below market & social housing, for those extra densities you bargained for.
July 17, 2026 at 1:01 AM
#tbt Beau Jarvis in 2016, to Millennials, YVR renters and prospective resident homeowners: #DontNeed1Million #AdjustYourExpectations

2026: "Beau Jarvis, president and CEO of Wesgroup Properties LP, said the commitment to reduce DCCs up to 50% is welcome news." #ItsProfitsStupid
July 2, 2026 at 3:05 PM
No. How about #AdjustYourExpectations and prices to build and sell/rent adequate sized affordable homes for EXISTING local people including immigrants, renters, underhoused- instead of for moar investors, airbnbs & speculators! #vanre #FAIL #vanpoli #bcpoli
October 17, 2025 at 8:11 PM
Remember Beau Jarvis’ comments to Millennials? : #AdjustYourExpectations #DontNeed1Million
September 28, 2025 at 1:04 AM
#tbt Beau Jarvis of Wesgroup 2018 (v. CBC) #AdjustYourExpectations & GenSqueeze 2018 its "CodeRed" policy
May 29, 2025 at 4:27 PM