3627 replies to this topic

[dasmo]

It doesn’t. But the mandates aren’t to support developers making cheddar from converting run down houses into luxury condos is it?

Building luxury condos on a SFH zoned lot is going to be challenging. But it’s big money if they win. Life’s a gamble. They don’t need a leg up.

Who needs a leg up is the young family working two jobs paying $1600 in rent who just got kicked out because their rental is being turned into $1,000,000 condos that they can’t afford and doesn’t suit their family. And now anywhere they look to rent is $3,000.

Edited by dasmo, 07 June 2023 - 08:37 PM.

[todd]

Whatever excuses can be thrown at the board, will be.

So the blasting is just an excuse? I think it would be worse PR if the buildings on either side were rendered not habitable

Edited by todd, 07 June 2023 - 08:53 PM.

[GaryOak]

How about the properties that are rented out then sold to some multi millionaire to be demolished and turned into a 4 million dollar SFD mansion. How is that better then turning that same property into 10 separate million dollar condos. Because rn in oak Bay when one house gets torn down it's not getting replaced with an equally affordable SFD.

[dasmo]

How about the properties that are rented out then sold to some multi millionaire to be demolished and turned into a 4 million dollar SFD mansion. How is that better then turning that same property into 10 separate million dollar condos. Because rn in oak Bay when one house gets torn down it's not getting replaced with an equally affordable SFD.

Blanket up-zoning makes that house that is just fine as is renting out the suite affordably into a 2 million dollar cash cow. So this removes affordable stock from the market and replaces it with affordable luxury. 

[Mike K.]

It doesn’t. But the mandates aren’t to support developers making cheddar from converting run down houses into luxury condos is it?

Building luxury condos on a SFH zoned lot is going to be challenging. But it’s big money if they win. Life’s a gamble. They don’t need a leg up.

Who needs a leg up is the young family working two jobs paying $1600 in rent who just got kicked out because their rental is being turned into $1,000,000 condos that they can’t afford and doesn’t suit their family. And now anywhere they look to rent is $3,000.

Any thoughts on where Oak Bay will build 200 new units of housing?

[dasmo]

Any thoughts on where Oak Bay will build 200 new units of housing?

No. Maybe you could take a few refugees in a spare room or two? 

Edited by dasmo, 07 June 2023 - 09:22 PM.

[todd]

Any thoughts on where Oak Bay will build 200 new units of housing?

Someplace without rock?

[GaryOak]

How many new SFD in oak Bay have been built without bulldozing a more affordable home? If your problem is with affordable housing maybe we should put a cap on how much you can sell a house for. For example let's say that you can't sell a house for more then it has been appraised, then at least we won't have this runaway price inflation.

[todd]

No. Maybe you could take a few refugees in a spare room or two? 

I’m sure he could fit a lot more than that.

[GaryOak]

Someplace without rock?

Here's a quick and easy way to lower the amount of excavation and blasting. It's called don't build underground parking.

[Mike K.]

No. Maybe you could take a few refugees in a spare room or two?

I don’t think human suffering is fodder for jokes, though.

This discussion is in bad taste. I don’t want to be a part of it any longer.

[todd]

Looks bad with the advertisers.

[dasmo]

Oak Bay refugees. Offended by Strawmen now?

[dasmo]

How many new SFD in oak Bay have been built without bulldozing a more affordable home? If your problem is with affordable housing maybe we should put a cap on how much you can sell a house for. For example let's say that you can't sell a house for more then it has been appraised, then at least we won't have this runaway price inflation.

The government is appraising every single house higher every year based on a handful of transactions. This is also a problem. You think those that are making the inflation will solve it?

[Victoria Watcher]

How many new SFD in oak Bay have been built without bulldozing a more affordable home? If your problem is with affordable housing maybe we should put a cap on how much you can sell a house for. For example let's say that you can't sell a house for more then it has been appraised, then at least we won't have this runaway price inflation.

Why apply that to just houses?

Maybe we can have to government apply that to groceries, or the wages you are paid.

Not at all a good path to go down.

[Victoria Watcher]

$1,800,000

 

https://www.realtor....-fairfield-west

 

 

915 McClure St
Victoria, British Columbia V8V3E8

 

 

Opportunity to acquire a well-situated development property located in the coveted Fairfield neighbourhood of Victoria. With easy access to all Victoria has to offer, downtown Victoria, Beacon Hill Park, Dallas Road, and Cook Street Village are all within walking distance from this unbeatable location.

 

Given the current housing crisis, this property presents the opportunity for a developer to provide further relief to the missing middle housing initiative.

 

The subject property presents a prime development opportunity situated within the Medium Density R-K Zone of the Fairfield neighbourhood with an allowable FSR of up to 2.5 within the Urban Residential designated area. A notable development site neighbouring the property, at 931 McClure Street, has been approved for a 3-storey townhouse development, in addition to several other high density buildings neighbouring the property.

 

 

 

Edited by Victoria Watcher, 08 June 2023 - 11:57 PM.

[Mike K.]

Oh yeah, perfect opportunity.

You can buy land for 40 units of housing in Sooke for that price.

[Victoria Watcher]

Can you work up the cost per buildable square foot at that selling price, Mike?

[Mike K.]

Yes, what’s the max site coverage under MMHI? It’s pretty high, right?

[Victoria Watcher]

Well that listing says 2.5 FSR. Just work that out to start.