It is good to remember words of wisdom from long ago:
“[T]here is one point, with its connections, not so hackneyed as most others, to which I ask a brief attention. It is the effort to place capital on an equal footing with, if not above, labor in the structure of government. It is assumed that labor is available only in connection with capital; that nobody labors unless somebody else, owning capital, somehow by the use of it induces him to labor. This assumed, it is next considered whether it is best that capital shall hire laborers, and thus induce them to work by their own consent, or buy them and drive them to it without their consent. Having proceeded so far, it is naturally concluded that all laborers are either hired laborers or what we call slaves. And further, it is assumed that whoever is once a hired laborer is fixed in that condition for life.
Now there is no such relation between capital and labor as assumed, nor is there any such thing as a free man being fixed for life in the condition of a hired laborer. Both these assumptions are false, and all inferences from them are groundless.
Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”
— Abraham Lincoln, State of the Union Speech, 3rd December 1861.
It is now about three years since the Grandview Community Plan was bludgeoned through City Council by the pro-development Vision majority. For some while thereafter, it seemed to result in only minor effects on the ground. However, below the surface, seismic events were building up a head of steam.
Almost immediately, realtors and developers had started to plan for their new future. As I noted back in 2017, large numbers of Grandview properties were being offered — at hugely inflated prices –“for assembly” by developers. This had an undoubted effect on the house price inflation that has plagued Grandview until the market correction earlier this year.
Then the proposals started piling up. First, the outrageously incongruous Boffo Tower at Commercial & Adanac was approved, against broad community opposition, for 12 storeys. We have only been saved from that disaster by the developer’s refusal to proceed without even greater heights of absurdity, and the current softness of the luxury condo market.
Do any of these look anything like the neighbourhood we know and love?
My concern is that the avalanche has barely begun.