#ItsProfitsStupid
April 11, 2026 at 4:35 AM
Cities continue to give waivers to for-profit developers who've made windfall profits for 20+years.They cry that it's slow but aim to resuscitate the RE bubble, keep profits high.
www.theglobeandmail.com/real-estate/... #FAIL #FAIL #vanre #metrovan #DCCs #ItsProfitsStupid #RECartel #vanpoli
Builders welcome rollback of Metro Vancouver’s development charges
Industry had asked the regional government for the change for several years
www.theglobeandmail.com
May 9, 2026 at 3:14 PM
UDI Illich/ Townline: "been advocating for a while...[govt] should allow us to build more modest housing...put aside ...ideologies around their vision of livability..."

Also- "47 luxury...prestigious Oakridge..." etc (www.townline.com/project/the-...) #vanre #craftingbadly #itsProfitsstupid
November 7, 2025 at 6:51 PM
RECartel continue to press for moar waivers (for higher profits), w/ onus on Govts & taxpayers. vancouversun.com/opinion/colu... #vanre #ItsProfitsStupid #DCLs #metrovan #vanpoli #bcpoli
Douglas Todd: Metro Vancouver's housing growth 'isn't free.' Who should pay for it?
Each new Canadian housing unit requires an average of $107,000 in civic infrastructure. But developers increasingly don't want to pay for it.
vancouversun.com
April 17, 2026 at 4:47 PM
Subscribers: "The tower is an efficient way to add density...but it’s also a problematic building form that enhances income disparity" - housing researcher Villagomez www.theglobeandmail.com/real-estate/... #vanre #MOAR #densityforwhom #ItsProfitsStupid #vanpoli #bcpoli #cdnpoli
High-rise towers not the answer to the housing affordability crisis in Vancouver, critics say
Based on construction alone, in a building without underground parking, ‘the average Vancouver household would be priced out between the third and eighth level’, writes Erick Villagomez
www.theglobeandmail.com
March 22, 2025 at 1:10 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