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Old Posted Jul 10, 2014, 6:26 PM
djh djh is offline
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Join Date: Jul 2003
Location: Vancouver
Posts: 1,974
Quote:
Originally Posted by spm2013 View Post
Are these votes to raise $400 million for spending usually fairly easy to pass during municipal votes?



http://www.vancouversun.com/travel/b...822/story.html
On first scan, this jumps out to me:

Quote:
Projects

• Affordable housing: $125 million, including $85 million toward 2,550 new units, and $38 million to refurbish 251 units in city-owned buildings
If $85 million gets you 2550 new units, and $38 million only gets you 251 refurbished ones...surely it makes more sense to sell those 251 units to the private sector, or demolish and rebuild.

A huge oversimplification of what can be done, I know. But those numbers are so drastic that the public will no doubt we asking why their money is not being used as efficiently as possible.
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