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Originally Posted by Vin
I'm not biased, I'm just saying we don't have enough high-rises and indoor malls in Vancouver, when obviously there are a lot of areas destined for low rises and street retail. Just look around, the latter are found everywhere!
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No you are extremely biased, taking any remote opportunity to bash Vancouver for not fitting into your narrow-minded ideals. How many times have you said anything positive about low- or mid-rises?
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Just for you info, your version of capitalism is not working in North America, just look at Detroit. Your "basic theories" are therefore squat, so don't preach me that crap.
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What in the world are you talking about? Can you at least try to give a coherent explanation? Or do you just assume people are able to follow your convoluted logic?
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You, Squeezied, are the one who is obsessed.
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About? Giving you a dose of reality?
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As for the Denman site, I already gave a suggestion as to how the owners can lower their rental rates, when they've earned enough profits from selling more strata units above should the building go taller. If they are greedy and refuse to lower CRU rentals, the City can always step in by making the developer introduce the concept of cheaper business rents as a City contribution, and enforce it just like how they deal with subsidised housing. You obviously ignored that part.
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Your logic was making my head hurt and I decided it was best not responding to deluded far fetched ideas not grounded in reality, but I suppose you've now dragged me in. Where do you come up with wacky ideas? Do you honestly believe that's a realistic solution? Give me an example where a municipality has successfully enforced a private owner to subsidize their retail rental rates. Who is eligible for subsidize retail? How long does the City get to mandate the rental rates? Great idea... but how about come down to reality?
When a development is being rezoned, the applicant contributes to the municipality prior to development approval, a process that is negotiated(for CACs) and agreed between the two. You somehow think that after the development is completed the City can willy nilly come along and force the developer to contribute more in the form of reduced rental rates however they see fit?
The developer will charge retail at the prevailing and competitive free-market rate. That's not "my version" of capitalism, that's capitalism capitalism. It doesn't matter whether they made a killing selling 60 floors of luxury units above or not. The developer will charge whatever they think they can charge. The fact that the Denman retail isn't leasing well isn't due to the fact it's only two stories.
My head hurts. Do you see why I ignored you in the first place?
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Yeah you used to be on my ignore list, but obviously you wouldn't shut up and kept commenting on my postings. I put you back on as I love a little challenge. By that, I am not "keeping my stories straight"? All the hyperboles just to bury me, how pathetic.
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Ouch... looks like I hit a nerve. I love a challenge too, at least I don't talk with clouded emotions. Strange that you're accusing me of hyperboles, I guess you weren't serious about...
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I don't have to convince a fanatic follower like yourself. There are people like the NIMBYs on Commercial Drive, or viewcone sheep that I just don't have to waste my time on.
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Apparently you do. You're quite entertaining.