Just A Thought At Bedtime

bubble bursting

If the Vancouver housing bubble bursts in the next twelve to eighteen months and Boffo decide they can’t risk building their 200 expensive high-rise condos, the Kettle will be left in the lurch with no housing units and a whole lot less community support.

That is just one of the dangers of getting into bed with a for-profit developer instead of working hard to generate government (or internally generated) funding for an independent solution as others are doing successfully.

And if they think this bubble will last forever, perhaps they should educate themselves on what happened here in the 1980s.

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