Comment 87908

By Observer (anonymous) | Posted April 18, 2013 at 01:46:57

"Vancouver overall has a much higher rate of empty apartments and houses than other Canadian cities, with a rate closer to places like New York and San Francisco at the height of their mortgage crisis in 2010. Downtown, the rate is so high that it’s as though there were 35 towers at 20 storeys apiece – empty."

“The problem is vacant units since that’s demand for real estate without housing people.”

See Map of this vacancy:
http://vreaa.files.wordpress.com/2013/03/bc-empty-condos-0320.jpg

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