The Condo Bailout, 48-Hour ER Waits & Council's Last-Minute Motion Dump | UnSpun Ep. 326
UnSpun with Jody Vance & George Affleck by Sitka Media
Episode notes
Episode 326 of UnSpun with Jody Vance and George Affleck runs from Ottawa's condo bailout to Vancouver's emergency-room crisis to City Hall's lame-duck chaos, with the Kits Pool saga still very much alive.
Here's what's inside:
ποΈ The Condo "Bailout": Ottawa moves to buy up unsold condo stock as the market deflates. Is this housing policy or a developer rescue? George argues the real fix is funding the homes five years out, not buying the units already sitting empty and he warns the optics get ugly fast when the government starts buying from donors.
ποΈ What Killed the Market: Frances Bula and Gregor Robertson weigh in, but Jody and George break down the actual mechanics: deflated valuations, frozen listings, and changed immigration and foreign-student numbers loosening Vancouver's rental crunch for the first time in yearΒ ...Β