Quote:
Originally Posted by JDMDreams
Lol besides pushing up land prices I didn't see this plan working out. No one can afford the build cost + red tape risk. Even if you own the land it's still like a $2m+ build cost.
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The Vancouver plan was mostly lambasted by housing advocates b/c it was far too conservative in terms of floor space. Land simply costs too much (even without land lift) to to build new housing in most cases and the city has inserted a lot of poison pills into the zoning.
Quote:
Originally Posted by hud 91gt
I was just quoted $150k to get 300amp service to our build with a hydro pole in the front yard. Everything is nonsense. No more natural gas… electrics cars… 200amp ain’t gonna cut it.
Saying that, is this multiplex thing even a thing anymore considering the entire province’s new grand slam automatic zoning changes?
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Vancouver has a separate charter so not all of the province's new rules apply to them - the zoning around transit hubs does apply but the multiplex one does not (yet). For the latter the province is playing nice with Vancouver for now as the province has the power to override the Vancouver charter if they want.
If the province overrides the city the economics will work a lot better as it's expected they'll allow 1.5FSR vs 1.0FSR.
This video does a nice job explaining all the red tape that exists like ridiculous parking requirements: