Peter Lahay
10K posts

Peter Lahay
@lahay_peter
No one else would do it, so I did. Workers Politics for people, housing, public services. Follow my hot takes for more honest and transparent Gov’t.




















Our number one priority is building the SkyTrain out to UBC—connecting Western Canada’s largest research centre with Western Canada’s largest employment centre, building a new innovation corridor, and amalgamating Vancouver and UBC into one municipality.


ALLAM: Vancouver stopped building. Here's how we start again sitkamedia.ca/allam-vancouve…




Below are some extraordinary quotes from Vancouver 'condo king' Bob Rennie from as far back as 2011. Rennie's comments make clear the Urban Development Institute knew exactly what was going on with the "breathtaking" amount of money flooding into Metro Vancouver real estate from China. In this scholarly article researchers discovered Rennie was publicly saying 15 years ago: - 90% of homes being sold on Vancouver's side "are sold to Mainland China." - Vancouver's housing prices would be average, not extremely unaffordable, if it were not for China money. - Speaking to developers, Rennie says, "Possibly everyone in this room benefits directly and indirectly from those... Mainland China buyers." - "Greater Vancouver (housing) is predominantly an equity play and not an income play." One big problem? Criticism of this flood of offshore money was met with 'insinuations of racism.' These quotes and observations were put together by scholars Joshua Gordon, David Ley and @Ayan604 in their ground-breaking 2024 article, "Crafting the Narrative: Wealth migration, growth machines and the politics of housing affordability in Vancouver, Canada." #vanre #vanpoli #bcpoli #cdnimm @ronmortgageguy tandfonline.com/doi/abs/10.108…










