Category Archive: Interview

INTERVIEW | Sandy Garossino on affordability and real-estate speculation


Here Andrew Witt and Sean Antrim of The Mainlander interview Sandy Garossino, who is running as an independent candidate for Vancouver City Council this November 19.

Andrew Witt: You launched your campaign in the Georgia Straight attacking the affordability crisis in Vancouver. At the Mount Pleasant all-candidates, every candidate from every political party gave lip-service to this issue. I think that everyone recognizes that there is an affordability crisis in the city. In 2008, Vision Vancouver was elected on a platform that would address housing, homelessness and the affordability crisis, but we all know they have done little to tackle the problem. How will you address this issue, and what distinguishes your platform from that of Vision Vancouver?

Sandy Garossino: Almost everyone that I have heard discuss this sees the affordability issue. I’m talking here about broadening this beyond homelessness and subsidized housing, but also market housing for the average working person. Almost everyone who talks about this, talks about it in the simple supply and demand equation, and their point is to increase supply. Because I deal with Asia, I understand capital markets in Asia, and I have dealings there, this seems to me to completely miss the true nature of the issue and the challenge that we confront. Just to give you a little bit of a background, our median income levels in Metro Vancouver place 20 out of 28 urban regions in Canada. Our median income levels for 2010 were below Sudbury, Windsor and St. John’s Newfoundland. We have the highest real estate prices in Canada, relative to median income. We have almost the highest real estate in the world. Relative to median income, we are 56% higher than New York City and 31% higher than London, so there’s clearly a serious distortion in the market. One of the first challenges we have is we don’t have the data. We don’t have information that can pin-point exactly what is going on and the extent to which capital is entering, and the extent to which that capital is non-resident, and how much that is affecting the market. We need to know a lot more than we do. But based on anecdotal information, which is turning out to be corroborated in news reports, it looks like global capital is having a massive impact.

INTERVIEW | Vancouver Citizen’s Voice

The past three years of civic politics have been rich in spectacle, poor on substance. Politicians brought us the Olympic Games, hoping to cash in on Olympics-associated political capital. Then they brought us the Stanley Cup finals celebration, hoping again that street parties might translate into electoral favour. Meanwhile, our city became the most unaffordable on earth, and we even managed to fill a massive social housing project with only the fabulously well-to-do.

With the the right-wing NPA and the ‘centrist’ Vision identical on all core policy planks, these two parties are forced to highlight the most inane and trivial sideshows to distinguish themselves (bike lanes, lawns, etc.). Meanwhile, Vancouver’s working class party (COPE) has conceded the next three years to Vision-NPA rule. The established parties are avoiding all discussion of substantive issues. It appears that the coming civic elections will include many politicians but no politics. In this context of political oblivion, it is inevitable that other voices will begin to speak out. They may be unconventional, and we may not agree with all they espouse, but such is the cost when major parties impose political black-out. The Mainlander intends to highlight some of these less heard voices.

Gerry McGuire, of Vancouver Citizen’s Voice, is one of the individuals challenging the city hall scene. He has decided to run for Mayor against, among others, Gregor Robertson and Suzanne Anton. The Mainlander recently sat down with Mr. McGuire to find out why he’s running for Mayor, and why he thinks Vancouver needs a new political party.

ML: Why does Vancouver need a new political party?

GM: Because, from my viewpoint, none of them are representing the average Vancouver citizen very well.

Vision, by taking COPE in, has neutered the left, yet Vision is not a left wing party. They’re more developer friendly than the NPA would ever dare to be, which should be shocking for anybody that voted for them. You can’t stop progress, but what they’re doing is beyond the pale. They’re letting the developers run wild.

80%-90 of community amenity contributions don’t really reach the neighbourhood in the way they’re supposed to. $834,000 at Cambie and South-West Marine, for a bicycle facility. What about the kids in the neighbourhood who don’t have parks, swimming pools, libraries, community centers?