The condo boom is gobbling up land almost as fast as it sucks up mortgage debt. Important tracts of urban space have been drawn into the vortex of real estate speculation.
high density housing
Local residents are concerned about a residential tower of over 240 market-rate condos planned to be constructed in the heart of Mount Pleasant in Vancouver.
Council to seek community input plus social and economic impact studies over controversial high-density housing proposal which critics say will lead to the gentrification of the Downtown Eastside.