
@rrrobbberttt @vikkhanna At the time, it was quite common for developers to pay over $200 psf for well-located rental housing sites. Today, it is difficult to make similar projects work with a land value over $100 psf.
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Michael Geller @michaelgeller.bsky.social
45.8K posts

@michaelgeller
registered community planner, real estate consultant, retired architect, educator and blogger at https://t.co/RhiJPXMpQY




Metro Vancouver city councils have approved a whopping 132k housing units. But developers haven't started to build them. Much money can be made by monetizing such "entitlements" through a resale or flip. 1/2 #vanpoli #vanre #bcpoli vancouversun.com/opinion/column…















