This week in MOVments we explore some of the recent narratives, numbers, and neighborhood games top of mind in the ever-present world of Vancouver real estate. We have the on-going and multi-layered tale of gentrification in the DTES, some new research that tackles the oft-cited cause/effect relationship of of foreign-buyers driving up condo prices, a playful chronicle of one conceptual artist selling the smallest pieces of real estate in the history of Vancouver, and an online game that tests your knowledge of local city neighborhoods.
Pidgin Protesters. By now, you've probably heard about the protests happening outside of a newly opened restaurant called Pidgin in the Downtown Eastside. Anti-poverty activists are arguing that the intrusion of another high-end restaurant in the neighbourhood means that there is not only less space for low-income housing or organizations providing community services but that it is also disrespectful to the culture of the community. On the other side of the argument, people like city councillor Kerry Jang see the mixed nature of the area as a positive and restaurant co-owner Brandon Grossutti sees his efforts at hiring DTES residents as a path to a more integrated community. And while we're on the subject, check out a couple other perspectives that range from accusations of a kind of reverse NIMBYism to biased media coverage of protestors.
The Myth of the Foreign Buyer Boogeyman? Chances are that if you've lived in Vancouver for any length of time you've also heard about the people who come from overseas to buy up our real estate, drive up prices, and then leave the residences vacant. This Globe and Mail piece suggests that there may be less truth in the story than we previously believed. Although exact statistics are tricky to obtain the article states that "2012 figures from Landcor Data Corporation show that only 0.2 per cent of people who bought residential properties in Metro Vancouver last year are currently living outside of the country" In other words, hardly enough to drive the market. The article also says that many foreign investors are in fact also residing here, coming from China and other countries in order to support their children's educations.
Cube Living. Looking for some affordable real estate in the city? Then look no further than artist Alex Grunenfelder's Cube Living project at 221A Artist Run Centre. Last week, Grunenfelder was selling one cubic foot units of space to interested buyers for as little as one dollar. In this interview for The Tyee Grunenfelder explained the project: "I'm not necessarily advocating living in smaller spaces," he says of Cube Living. "It's about looking at the discussions that are happening around all of this, and maybe looking at things from a different point of view, and also trying to project, where is this going? Where is this process of urban densification going to end up?"
Know Your 'Hood. And finally, get to know your Vancouver neighbourhoods with this cute little app (helpful for the next time that you buy real estate?).
At the MOVeum:
March 3 - Design Sundays: Upcycled Urbanism March 7 - Special Curator Talk & Tour: A Clandestine History of Contraception March 10, 17, 24 - Design Sundays: Upcycled Urbanism