Quote:
Originally Posted by dc_denizen
Denial is not just a river in Egypt it seems
Make a valid point about the obvious connection between global safe haven demand and high rise booms in say Vancouver and Melbourne and the homers will come out of the woodwork
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Vancouver has been building residential highrises en masse since the 60s. Well before the globalization of real estate was even a thing.
Between 1962 and 1975 more than 220 highrises were built in the West End of downtown for example.
https://vancouver.ca/news-calendar/west-end.aspx
The West End 1968
https://searcharchives.vancouver.ca/...nd-peninsula-2
By the 80s many suburban centres had already built numerous highrise residential neighbourhoods.
Lonsdale North Vancouver 1982
http://old.globalairphotos.com/large...age=015&size=2
West Vancouver 1986
http://old.globalairphotos.com/large...age=001&size=2
Metrotown Burnaby 1982
http://old.globalairphotos.com/large...age=003&size=2
Lougheed Burnaby 1986
http://old.globalairphotos.com/large...age=007&size=2
Uptown New Westminster 1982
But yeah lets keep pretending that the pattern of urban growth in metro Vancouver is a new phenomenon only related to the laundering of dirty foreign money.