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Vancouver has sky high real estate prices, particularly in terms of local wages. There is limited land as Vancouver is locked between the ocean and mountains (a
by jmyeet 3y ago
Vancouver has sky high real estate prices, particularly in terms of local wages. There is limited land as Vancouver is locked between the ocean and mountains (and the border to the United States). But go look at any aerial view of Vancouver and you'll really see why.
Downtown is high-density. Across the water it's basically all single-family homes with astronomical prices and none of those people want higher-density development, for obvious reasons (ie it will lower prices).
This shouldn't be allowed to happen. This proposed development is on the other side of the water in what is otherwise SFH zoning. That's why some oppose it. NIMBYs strike again.