Category Archives: Housing
Fractional investing: How the dream of homeownership for a dollar became a nightmare for tenants
By Chen Zhou Startups that promise to help Canadians priced out of the real estate market realize their dreams of homeownership for just a loonie are becoming a nightmare for renters. In May 2022, a volunteer-run organization RenovictionsTO tweeted the
Vancouver’s flipper MP Taleeb Noormohamed owns shares in Airbnb
Vancouver’s real-estate-speculator-turned-MP Taleeb Noormohamed owns shares in Airbnb – the short term accommodation platform blamed for taking long-term rentals out of Vancouver’s tight rental market while bringing crime and violence to residential neighbourhoods. Vancouver-Granville Member of Parliament Taleeb Noormohamed, who
Real estate investors in public office represent a conflict of interest
Dear Conflict of Interest and Ethics Commissioner, Disclosure documents from your office show a full one third of Canada’s federal cabinet ministers, including the Finance Minister and Housing Minister, to real estate investors. At least a fifth of the Members
Innocent homeowner threatened with violence after fake rental ad goes viral
An innocent homeowner is facing threats of violence after an anonymous YIMBY account’s viral tweet claiming to show a rental ad on Craiglist looking for “vaccine-free family of European heritage” went viral. Internet mobs are calling for the burning down
Euthanasia is no solution to the housing crisis
The recent news of two Canadians seeking medically-assisted death after being unable to find affordable housing within a space of a month[1][3] should fill you with shame. It is a testament to the monumental failure of your government’s housing and
City of Vancouver ignored gentrification while pushing neoliberal policies of market development for “livability”, study finds
The City of Vancouver ignored gentrification and displacement of working-class and low-income families as the city hall pursued neoliberal policies of market development under the “livability” narrative, a new study shows. In their detailed analysis of 37 planning documents and
Vancouver YIMBY calls for “gassing” opponents
Vancouver’s Yes In My Backyard movement – which is pushing for more condos to be built in the city – is courting controversy after a prominent member called for gassing opponents. “Just gas this room,” vocal YIMBY advocate Greg Andrews
Researchers forced to apologize over eugenics accusations receive CMHC funding
By Chen Zhou Canada’s housing agency is funding a pair of controversial researchers who were forced to apologize after facing public accusations of advocating for eugenics, and some housing advocates are not happy about the situation. Canada Mortgage and Housing
Airbnb to pay $6 million to settle allegations of misleading consumers on prices
Airbnb will pay $6 million to settle a case where the accommodation booking stood accused of “double ticketing,” a rarely cited criminal offence under the federal Competition Act. Arthur Lin of Vancouver, BC has succeeded in having his claim against
$5M mansion owners pay very little income tax in Canada. Conservative candidate is fighting to protect them from BC’s speculation tax.
By Rohana Rezel Jing Bai’s family owns and lives in a $5.7 million dollar mansion in Vancouver’s tony MacKenzie Heights neighbourhood in the affluent Westside of the city. The family pays very little income taxes in Canada because the primary