View Single Post
  #64  
Old Posted May 19, 2008, 6:16 PM
jlousa's Avatar
jlousa jlousa is offline
Ferris Wheel Hater
 
Join Date: Jun 2006
Posts: 8,371
I agree with no regulation we would see a little more height in some areas, and much more height in others, ie Kits, Point Grey, etc.

I would state that no regulation would greatly increase affordability, but no because of the increased supply, more because of the reduced demand. The reason that makes Vancouver so expensive and desired is the ammenties provided. Seawalls built by developers, parks provided by them, public art, revitalization of ammenties (Capitol/Orphuem) DCLs paying for libraries, community centres etc. If we took away regulations and those things would no longer be required, the appeal of Vancouver would diminish over time. Leading to that extra supply and less demand to absorb it, prices would surely come down, but would it matter? Would we still want to live here?
We have created our own problem but it might just be better then the alternative.
Reply With Quote