Quote:
Originally Posted by whatnext
Article on how the last two holdouts were forced to sell. Since this is SSP I know not to expect any kind of empathy from homeowners who are dispossesed by real estate speculation (especially since they seem a bit greedy), but it is troubling to see a concrete building from 1992 eaten so quickly by the development industry. The adjacent townhouse complex was even newer.
http://vancouversun.com/news/local-n...nerss-protests
But hey, you just can't build enough speculative investment units for out of province buyers without breaking a few eggs, right? |
You did read the article, right?
They are getting $2.7 for a $800,000 unit. I don't think that's overly unfair. And in fact, had they not been ridiculously greedy they would have received $3.5 million for their $800,000 unit.
These seems like more than fair compensation to me.