Tackling B.C.'s housing crisis

[80watts]

I never claimed 160k is an average income. I said, it is possible in Vancouver for a HOUSEHOLD making 160k combined (i.e. DUAL INCOME FAMILY) to struggle in Vancouver, what with a new mortgage, car payment, repayment of student loans, childcare costs, etc., etc., etc.

https://www.welcomebc.ca/Choose-B-C/Why-Choose-British-Columbia-Canada/Income-and-Wages
avg family of 4 in bc is around 84,000.
One problem is that with the high rates in Vancouver, eventually the rest of the province tries to cash in on it, with higher sales in housing in BC. The high prices in Vancouver have effective price increases out from the #1 East.
The other thing is that here on Perb, the members have disposable income to hire escorts, therefore they make more than the avg person in BC. We all tend to stay in the same group income as our family and friends. Also most people who know people who make min wage, usually don't ask what they are making.

It would be one thing to have stable land taxes too, but in the last 12 year taxation has at least double for me in Victoria. Alot to the increase in house prices and services, but mostly house prices. Usually what happens to large plots of land inside a township, it starts off low, but each year the taxes increase and sooner or later a person will have to sale the land because taxes have gone up too much. The reality is after 10-15 years you have to sale, because of the increase in taxes on large properties.

When the government goes looking for money, it will find it by more taxes on stuff that was never taxed as much before.

 

[licks2nite]

On how your economy fails to support affordable housing:

1. Turn management over to MBAs with no engineering background but with total focus on cost cutting and adherence to schedules;

2. Fire or retire all the senior engineers who have been involved in the design process (these are usually overwhelmingly older white men). Replace them with equality, inclusion and participation hires;

3. Compartmentalize the design process into individual cells with no overall coordination or overview, and parcel out the design of individual parts of the design process to the cheapest suppliers (usually third world);

4. Co-opt regulators into letting you perform your own regulatory tests, then fake the tests and test results. Get your lobbyists to grease the palms of the members of Congress and Administration to get them to go along with this;

5. Always choose the cheapest suppliers for parts and software, and provide parameters sufficiently wide that no part or software, however poorly made, can run afoul of quality control;

6. When your products start crashing, retire a few top management with golden parachutes and claim you have solved the problems; and

7. Always remember: Top management is there to manage the price of the company's shares on the stock exchange. Everything else is of secondary importance to them. But "Diversity, Inclusivity, and Equality" is a necessary mantra and practice nowadays.

These are all up-to-date and popular corporate strategies. Management cannot go wrong by following them.

 

[apl16]

On how your economy fails to support affordable housing:

1. Turn management over to MBAs with no engineering background but with total focus on cost cutting and adherence to schedules;

2. Fire or retire all the senior engineers who have been involved in the design process (these are usually overwhelmingly older white men). Replace them with equality, inclusion and participation hires;

3. Compartmentalize the design process into individual cells with no overall coordination or overview, and parcel out the design of individual parts of the design process to the cheapest suppliers (usually third world);

4. Co-opt regulators into letting you perform your own regulatory tests, then fake the tests and test results. Get your lobbyists to grease the palms of the members of Congress and Administration to get them to go along with this;

5. Always choose the cheapest suppliers for parts and software, and provide parameters sufficiently wide that no part or software, however poorly made, can run afoul of quality control;

6. When your products start crashing, retire a few top management with golden parachutes and claim you have solved the problems; and

7. Always remember: Top management is there to manage the price of the company's shares on the stock exchange. Everything else is of secondary importance to them. But "Diversity, Inclusivity, and Equality" is a necessary mantra and practice nowadays.

These are all up-to-date and popular corporate strategies. Management cannot go wrong by following them.

Sad!.....but so true!🙄