The Mainlander | 2011 February

From the monthly archives: "February 2011"

City selling-off Olympic Village social housing to bail-out Millennium

By Tristan Markle On February 26, 2011 · Add Comment

The City of Vancouver stands to profit from selling-off housing units at the Olympic Village that were promised for affordable and social housing. The original Official Development plan for the Olympic Village committed that 2/3rds of the 1100 units would be affordable, half of which would be social housing. But the City has invested almost no funds toward meeting these promises. Millennium development corporation, which built the Olympic Village, has already paid $29M to the City for the land lease. The City then put forward a similar amount ($32M) toward the few remaining "affordable" units. In short, the City spent almost no new funds on affordable housing. Even worse, these "affordable" units were then transferred to a co-op to be marketed at unaffordable levels. The City stands to collect another $170M from Millennium for the land lease, but the City has no plans to reinvest any of this profit to meet housing promises. There is ample precedent to do so: the fourteen sites of supportive housing were built by the City putting forward the land without expectation of profit. Millennium on the hook, not the City The Millennium development corporation is not bankrupt or insolvent, as many suppose. On the contrary, they remain legally on hook for the construction loan. For now the City has taken control of marketing the Olympic Village properties, but Millennium has many other properties and assets. Instead of going after Millennium's assets, the City has bailed-out Millennium. Millennium had been paying high interests rates, but the City has waived that requirement. The City is selling off social housing to keep Millennium afloat. The City has hired condo marketer Bob Rennie to sell-off the 'broken promise' units. Bob Rennie claims that he is trying to "protect the taxpayer," but in fact by liquidating the broken promise units, he is protecting Millennium by ensuring that the City does not go after their assets. [To be continued in Part 2, "Poverty Runs Over-budget at False Creek"]

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Vancouver Needs to Emulate Chinese Housing Policy

By Joseph Jones On February 25, 2011 · Add Comment

The story of Chinese investor impact on Vancouver real estate is neither new nor surprising. But recent changes to real estate taxation within China may ramp up hunger for this favored class of investment in offshore locations — and further exacerbate conditions local to Vancouver. In a nutshell, China seems to be on the verge of exporting even more financial froth. At the same time, China seems to be developing an internal approach to housing affordability that Vancouver needs to emulate. Beijing has now prohibited residents from buying more than two dwelling units, and non-residents are required to show five years of tax documentation in order to make a purchase (Feb 18: "China home"). Any Canadian public official who talks about affordable housing in Vancouver should be met with a demand to bring forward similar measures.

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OPINION | Despite Rennie’s hoax, Olympic Village will remain empty

By Tristan Markle On February 22, 2011 · Add Comment

Condo marketer Bob Rennie claims to have sold 128 of 230 condo units up-for-grabs in the latest round of sales at the Olympic Village. Similar to last week's re-launch of the The Village on False Creek, where Bob Rennie hired people to wait in line at the sales centre, Rennie's press conference earlier today was a charade. Again this week, people were "hired by the realtor," according to one hiree (see video here). Rennie's strategy was quite simple: over the past few weeks and months, he asked his speculator and real-estate agent friends how much they would be willing to pay for some units. Then, he convinced the City to let him sell-off 230 units at a discounted price to his speculator friends (who will not live in them). Then he planned to announce the sales as though these were actual families buying the units. This ruse was the only way Bob Rennie could convince the public that the units were still viable as luxury condominiums. But the condo units, two thirds of which were promised to Vancouver's poor as part of the Olympic housing legacy, will remain empty. Rennie's hope is that the hype will "lift the fog" from the "ghost town," and that actual residents will then purchase the units now owned by Rennie's speculator friends. Eventually, if people move into the units, Rennie can try to sell the remainder of the units not-yet on the market. To reinforce the hype and create headlines, real-estate agents were paid to wait in line outside the sales office last week. Last week a similar attempt to use the media to draw interest in a real-estate development in Burnaby was called out.

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The Vancouver Sun’s editorial board should resign for poor-bashing

By Tristan Markle On February 22, 2011 · Add Comment

Real estate developers were noticeably upset when, on Jan 20, residents of Vancouver's Downtown Eastside scored a partial but significant victory against the City's undemocratic condo-tower plan. Instead, the City was forced to finally allow a (potentially) resident-driven planning process for the area. Shocked by their defeat, it took developers and their friends in the Corporate media over one week to respond to the democratic turn of events. Finally, on January 27, the Vancouver Sun editorial board published their talking points in an editorial titled Giving a lift to the Downtown Eastside: Build taller buildings. The piece is so counter-factual, misleading, and bigoted that it is worth unpacking line-by-line. The Sun's convoluted editorial begins by acknowledging that Vancouver needs more housing. Indeed, Vancouver needs more purpose-built social and affordable housing - but not more purpose-built luxury condos as the Sun prefers. The Sun then asserts that because the Lower Mainland has a limited land-base, we must build higher buildings in the Downtown Eastside. But the Downtown Eastside already has a higher-than-average population density - why not build the towers in Shaughnessy instead? The Sun then notes that there are "300 to 1,000 souls" who are homeless in the Downtown Eastside, but offers no solutions at all, nor any response to residents' valid concern that gentrification will compromise the remaining low-income housing stock, pushing more people onto the street. Instead of advocating a sophisticated approach to problem-solving in the Downtown Eastside, the Sun insults and stereotypes groups trying to address problems: "[The DTES] serves as the raison d'etre of swarms of social agencies, NGOs and self-proclaimed anti-poverty activists...Some activists have a vested interest in preserving the status quo. A gloomy ghetto of misery, destitution and squalor keeps them in business." Firstly, it is not acceptable to use language ("swarms of...") which insinuates that community organizations are like insects. Nor is it ethical to suggest that it is a bad thing for people to form organizations to help each other out, to work for social justice, and to make their neighbourhoods better places.

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News
- The Mainlander presents: The Foreign Investment Myth
  6 Jun 2013
  
  Public Event
  with Jackie Wong, Henry Yu and Pablo Mendez
  
  The Foreign Investment Myth:
  Understanding the Housing Crisis & Confronting Racism in Vancouver
  
  7PM, Monday, June 10th, 2013
  SFU Harbour Centre (Room TBA)
  Vancouver, Unceded Coast Salish Territory
  
  There has been a growing consensus that the lack of affordability in our city is caused by foreign investment from Asia. Since the 1980s, this narrative has relied on Vancouver’s historic penchant for racial scapegoating while downplaying the actual causes of the current housing crisis. In lieu of basic questions about land-use and housing policy, affordability has been reframed around vague racist imperatives. As a result, the reality of the housing crisis has been obscured.
  
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  (1 Comment)
- City and VPD move to arrest PiDGiN picketers, residents bring opposition
  18 Apr 2013
  
  Photo credit: DM GILLIS
  
  After ten steady weeks of nightly protests by anti-poverty activists in front of the PiDGiN restaurant in Vancouver’s Downtown Eastside, police have stated that they plan to arrest picketers. In a press conference delivered yesterday, Vancouver Police Department spokesperson Brian Montague stated that his department is “anticipating an arrest soon.”
  
  A letter issued yesterday by the VPD states that PiDGiN picketers can now be arrested for “shouting, screaming, or swearing.” The statement cites section 430(1) of the Criminal Code of Canada, which means that the VDP is seeking to label the protest a criminal action. An associated VPD release states that the police are issuing the arrest order to prevent Vancouverites from being “denied the lawful use and enjoyment of property.”
  
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- Vancouverites walk for Welfare Justice
  1 Apr 2013
  On Wednesday, March 27, residents across the city joined together to walk 14.5km across Vancouver for Welfare Justice. The walk was organized by the Raise the Rates coalition to highlight the need for a significant increase in welfare rates as well as a comprehensive anti-poverty plan in the lead-up to the provincial election this May. The walk commenced at Christy Clark’s office on West 4th Ave in Kitsilano and ended almost 8 hours later outside Adrian Dix’s office at the Joyce Street skytrain station.
  
  Homeless Dave joined the walk for Welfare Justice on the sixth day of his hunger strike against displacement and gentrification. Welfare and housing are intimately connected and as Vancouver’s low-income housing stock erodes, people on income assistance are being hit the hardest. In 2012 alone, 426 SRO units in the DTES became unaffordable for people on welfare. A recent article by Seth Klein shows that despite government press releases, the actual increase in the social housing stock in BC has been negligible since 2006.
  (1 Comment)
- Homeless Dave on sixth day of hunger strike against gentrification and displacement
  27 Mar 2013
  
  At noon on Friday March, 22nd, Homeless Dave began a hunger strike in support of housing rights and social justice in the Downtown Eastside. The strike was announced in front of the controversial Sequel 138 development site at Main and Hastings, where a developer is planning to build unaffordable market condos using a financial subsidy from the BC Liberal government.
  
  Homeless Dave, who is now housed and goes by the name “the artist formerly known as Homeless Dave,” has put three demands at the front of the indefinite hunger strike: that the city decline the development permit for Sequel 138; that the former Main Street police station be used for social housing; and that the Downtown Eastside be declared a “social justice zone.” “We’re not about smashing windows,” stated Dave, “we’re about smashing the old broken paradigms and building new paradigms that are more just and equal.”
  (2 Comments)
- Anti-poverty activists call out Adrian Dix, demand a commitment to increase unlivable welfare rates
  31 Jan 2013
  
  This morning, anti-poverty activists protested inside NDP leader Adrian Dix’s office in the Joyce-Collingwood neighbourhood of Vancouver. They say that the NDP has yet to make a commitment to decreasing poverty in British Columbia. Recent research has shown that British Columbia is among the most unequal provinces in the country.
  
  Today is the one year anniversary of NDP MLA Jagrup Brar’s completion of the “Welfare Challenge.” For the month of January in 2012, Brar lived off the $610, the amount allocated to single welfare recipients in BC. During his challenge, the MLA lost 26 pounds.
  
  His challenge was an emulation of a similar challenge taken by former NDP MLA Emery Barnes in 1986. Since Barnes’ campaign, welfare increases have lagged behind increases in the cost of living.
  
  One of the organizers Bill Hopwood said: “A year ago today, Jagrup Brar finished his welfare challenge. He couldn’t afford to live on $610. He got in debt, had to borrow money, and lost 26 pounds. Nobody can afford to live on that.”
  
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  (3 Comments)

City selling-off Olympic Village social housing to bail-out Millennium

Vancouver Needs to Emulate Chinese Housing Policy

OPINION | Despite Rennie’s hoax, Olympic Village will remain empty

The Vancouver Sun’s editorial board should resign for poor-bashing

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