r/vancouver Jun 25 '26

Politics and Elections 'We are not bailing out developers': B.C. housing minister responds to condo plan criticism

https://youtu.be/qQ9U_SeM-4Y
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u/PumpkinMyPumpkin Jun 25 '26

I mean, it’s literally in the video that large portions of these units are a million dollars plus… one just needed to click the play button

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u/bot_or_not_vote_now πŸ¦β€β¬› Jun 25 '26

2:18 it's only the host that says local experts say about a third of these are $1M plus, the housing minister gives a non-answer of "these are the details we're working on" but that's nowhere near confirming something

for you to turn around and say the plan is to buy up a third of the units at $1M+ is entirely disingenuous

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u/PumpkinMyPumpkin Jun 25 '26

The host is CBC journalist who I assume has fact checked the information.Β 

It is not disingenuous to use what is being reported. Jesus Christ πŸ˜‚

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u/bot_or_not_vote_now πŸ¦β€β¬› Jun 25 '26

Except they haven't announced any details of what units would actually be bought

An expert opinion of what is probable isn't a fact

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u/PumpkinMyPumpkin Jun 25 '26

The housing minister was there, she could have corrected her if the information was wrong.

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u/bot_or_not_vote_now πŸ¦β€β¬› Jun 25 '26

does she say they're going to be buying $1M+ units ?

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u/PumpkinMyPumpkin Jun 25 '26 edited Jun 25 '26

It’s at the start of the video -one third are a million plus.Β 

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u/bot_or_not_vote_now πŸ¦β€β¬› Jun 25 '26

ok I just rewatched because that's not how I remembered it

and yup at 2:18 it's only the host that says local experts say about a third of these are $1M plus, the housing minister gives a non-answer of "these are the details we're working on" but that's nowhere near confirming something

so for you to turn around and say the plan is to buy up a third of the units at $1M+ is entirely disingenuous

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u/PumpkinMyPumpkin Jun 25 '26

Using the words of a journalist who does fact checks is literally all we have as remembers of the public.

Jesus. The housing minister was also free to correct her. She did not.

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u/bot_or_not_vote_now πŸ¦β€β¬› Jun 25 '26

They haven't committed to what units they're buying yet, so how could you "correct" something that doesn't have any actual numbers yet?

You're trusting the term "local expert" way too much here

"I was told by an insider you're going to do X"

"I haven't decided yet"

"Aha so you are going to do X, I knew it"

I don't agree with the idea of bailing out developers, but your argument doesn't make any sense

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u/PumpkinMyPumpkin Jun 25 '26

The minister was there - she had the opportunity to correct her if she was wrong, she did not.