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  • BT | A | Works » BTAworks in the Economist
    Comments are closed RSS Subscribe ARTICLE CATEGORIES ALL 72 Data Desk 47 Research Papers 33 Observations 37 A Look Back 8 Media 25 Public Programming 7 Search Bing Thom Architects BTArchitects Join the conversation Data Desk March 21 2013 BTAworks Foreign Investment in Vancouver Real Estate Slide Presentation at SFU Woodwards The Presentation Slidedeck A special thanks to Am Johal Community Engag More Data Desk July 14 2011 Sea Level

    Original URL path: http://www.btaworks.com/2014/07/14/btaworks-in-the-economist/ (2016-04-28)
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  • BT | A | Works » Odds and Ends: BTAworks in the New Yorker
    some lessons learn after the presentation Media and Metrics Accounts of the Foreign Investment in Vancouver s Real Estate Panel Measuring the Presence of Absence Clarifications and Corrections in the Reportage of the BTAworks Foreign Investment in Vancouver Real Estate And our original 2008 study on the ownership and occupancy patterns in Downtown Vancouver condominiums Downtown Empty Condo phenomenon largely a myth study finds 0 COMMENTS Comments are closed RSS

    Original URL path: http://www.btaworks.com/2014/05/19/btaworks-in-new-yorker/ (2016-04-28)
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  • BT | A | Works » Suggested Readings on Foreign Investment in Vancouver Real Estate
    its academic web location please click its title Let there be light we hope Barnes T and Hutton T May 2009 Situating the New Economy Contingencies of Regeneration and Dislocation in Vancouver s Inner City May 2009 vol 46 no 5 6 1247 1269 Bula F Oct 1 2011 The Future of Vancouver s Economy Vancouver Magazine Canada Mortgage and Housing Corporation 2012 Rental Market Report Vancouver and Abbotsford CMA CitySpaces Consulting with Urban Futures Inc December 2009 Vancouver Apartment Condominium Rental Study Vancouver City of Vancouver Goldberg M A Feb 2002 Local Property Markets and Effective Flexible Market Institutions Key Strategic Elements for Competing in the Global Urban Economy Vancouver UBC Centre for Urban Economics and Real Estate Goldberg M A Heinkel R L and Levi M D May 2003 Foreign Direct Investment The Human Dimension Vancouver UBC Centre for Urban Economics and Real Estate Gustein D 1975 Vancouver Ltd Vancouver James Lorimer Company Ltd Harris D C forthcoming 2011 Condominium and the City The Rise of Property in Vancouver Law Social Inquiry Ley D and Judith Tuchener March 1999 Immigration and Metropolitan House Prices in Canada Vancouver Research on Immigration and Integration in the Metropolis Working Paper Series Ley D 2010 Millionaire Migrants Trans Pacific Life Lines Oxford Wiley Blackwell Mayor s Task Force on Housing Affordability Academic Working Group April 30 2012 Academic Working Group Summary Report Vancouver City of Vancouver Mayor s Task Force on Housing Affordability Academic Working Group May 4 2012 Foreign Investment Report Vancouver City of Vancouver Mitchell K October 1993 Multiculturalism or the United Colors of Capitalism Antipode Vol 25 Issue 4 pages 263 294 Moos M and Skaburskis A 2010 The Globalization of Urban Housing Markets Immigration and Changing Housing Demand in Vancouver Urban Geography 2010 31 6 pp 724 749

    Original URL path: http://www.btaworks.com/2013/03/18/suggested-readings-on-foreign-investment-in-vancouver-real-estate/ (2016-04-28)
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  • BT | A | Works » Media and Metrics: Accounts of the Foreign Investment in Vancouver’s Real Estate Panel
    Real Estate Vancouver Sun Vancouver urban planner works to prevent a zombie city Print Globe and Mail Vancouver s vacancies point to investors not residents Also appeared in BNN Nearly one in four Vancouver condos empty Metro Vancouver Up to a quarter of Coal Harbour condos sitting empty or foreign owned The Province 15 of downtown Vancouver condos sit empty turning areas into ghost towns Study Vancouver Sun How can we debate foreign ownership if governments don t collect the facts Globe and Mail April 12 2013 It s a problem when Vancouver condos sell but the lights stay off Television CTV BC Anybody home Posh Vancouver neighbourhood rife with vacancies CBC Many Vancouver condos are sitting empty Global BC Large number of absentee condo owners A corollary from Global BC Homes sitting empty as well as condos Radio News 1130 Large number of Vancouver condos sit empty Report Web Publications Huffington Post Vancouver Empty Condos Underscore Investor Speculations The Tyee Vancouver foreign investment panel tackles safety deposit condos for wealthy Vancouver Observer Foreign investment in real estate market resulting in empty condos panel told Yahoo Canada Nearly a quarter of Vancouver s condos are empty but Gen Y still can t afford to buy in Chinese Media Sing Tao Vancouver World Journal Commentary Gary Mason Globe and Mail The great unoccupied condo scandal Get over it with observations and responses from the Vancouver Real Estate Anecdote Blog Geoff Meggs Is there really an empty condo problem And if so anything to be done about it Bob Ransford Vancouver Sun Facts not rhetoric needed on housing supply affordability The Blogosphere The Thirties Grind Vancouver real estate do we have a foreign investment problem or just an investment problem The Mainlander Empty Condos and foreign investors Sign of the times or

    Original URL path: http://www.btaworks.com/2013/04/04/media-and-metrics-2/ (2016-04-28)
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  • BT | A | Works » Measuring the Presence of Absence: Clarifications and Corrections in the Reportage of the BTAworks’ Foreign Investment in Vancouver Real Estate
    typology It was properly reported that nearly a quarter of condos in Vancouver are empty or occupied by non residents in some dense areas of downtown Indeed 22 8 percent of dwelling units in the Coal Harbour census tract were non resident occupied However one cannot extend this percentage to the state of housing occupancy in the City of Vancouver The overall pattern for Downtown Vancouver as defined by the BTAworks Powerpoint slide deck was 14 9 or 5 710 units and is compared to 7 7 for overall Citywide and 6 1 for Metro Vancouver wide patterns Where 93 of dwelling structures are Apartment buildings greater than 5 stories in Downtown Vancouver it is important to note that the dwelling stock greatly diversifies as one exits Downtown Vancouver into a number of other structural types such as single detached houses and duplexes 3 Non resident occupied does NOT equal to why The reasons why these dwellings are non resident occupied can be diverse From investment properties to seasonal homes to being in between tenants or owners to being under renovation there is a vast array of reasons why a unit could be non resident occupied Among other reasons as urban writer France Bula identifies in a recent article on Vancouver s economy is an increasingly substantial professional services workforce in Vancouver that is travelling all over the world and was perhaps away on Census Day 2011 However one interesting aspect of the why question occurs to why there are such a large concentrations of non resident occupied units in Downtown Vancouver compared to other areas of the Metro Vancouver region Non resident occupancy is not necessarily the result of high density as they are very weakly correlated For those who are interested this relationship has an R value of 19 when population density per square kilometre and number of non resident occupied units on a census tract level are fed into a correlation equation Perhaps the varying localized and regional patterns of non resident occupied dwellings across the City of Vancouver and Metro Vancouver are subjects of a future talk 4 Non resident occupied does NOT equate to foreign A major theme throughout presentation was that foreign is a very difficult concept to measure from the data sets that BTAworks has used in its condo studies Sources such as BC Assessment Home Owner Grants BC Hydro and Census data do not directly identify the citizenship status of property owners Moreover when a BC Assessment ticket is sent abroad to another country it is not known that it is being received by a foreign national or a Canadian living in that country wanting to keep a piece of property in Vancouver It is troubling that the popular press and the blogosphere is automatically attributing foreign to investment ownership While through other methods and data sources we strongly believe that many Downtown condos are investor owned non owner occupied However there is no simple and direct method of determining whether this

    Original URL path: http://www.btaworks.com/2013/03/25/measuring-the-presence-of-absence-clarifications-and-corrections-in-the-reportage-of-the-btaworks-foreign-investment-in-vancouver-real-estate/ (2016-04-28)
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  • BT | A | Works » Downtown ‘Empty Condo’ phenomenon largely a myth, study finds
    new form of housing for Vancouver Over 88 percent of condo units in Downtown Vancouver have been built since 1990 Less than 40 percent of downtown condos have more than one bedroom The majority of condos are not occupied by the property owner The majority of non owner occupied condos are owned by BC residents with a scattering of foreign owners predominately from the western US states such as California Washington and Arizona Owner occupied units are typically worth 30 000 to 40 000 more than non owner occupied units and the more bedrooms the unit has the more likely it is to be owner occupied A family with one child in the City of Vancouver earning the median income of 75 000 a year would have great difficulty in finding and paying for a condo bigger than one bedroom even if condo prices were to fall 25 percent below 2008 assessment levels The study findings outline some of the elements behind Downtown Vancouver s remarkable housing boom and suggests that the majority of growth in Downtown condos has been dominated by investors and those looking for a second home rather than homeowners These trends signal emerging housing and planning challenges in providing suitable and affordable housing for working and middle income households especially those with children If Vancouverism 1 0 is embodied by tall skinny towers and one bedroom investor driven condominium projects for Downtown Vancouver then Vancouverism 2 0 needs to redress this imbalance by providing more affordable family oriented housing units with great supporting amenities concludes Yan Without this the sustainable communities with opportunities to live work and prosper that the City aspires to are likely unachievable We re proud to fund this study and inform the ongoing and important housing and planning dialogues occurring in the

    Original URL path: http://www.btaworks.com/2009/05/25/downtown-%e2%80%98empty-condo%e2%80%99-phenomenon-largely-a-myth-study-finds/ (2016-04-28)
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  • BT | A | Works » Vancouver 101: Essential Readings for Architecture, Planning, and Design in Metro Vancouver
    we inadvertently missed a favourite contemporary book about architecture planning and design in Metro Vancouver please feel free to send us an email and we ll add it to the list Planning Architecture and Design Berelowitz Lance 2005 Dream City Vancouver and the Global Imagination Douglas McIntyre Cameron Ken and Harcourt Mike 2007 City Making in Paradise Nine Decisions that Saved Vancouver Douglas McIntyre Campbell Larry Culbert Lori and Boyd Neil 2009 A Thousand Dreams Vancouver s Downtown Eastside and the Fight for its Future Greystone Books Ltd Coupland Douglas 2009 City of Glass Douglas Coupland s Vancouver D M Publishers Inc Delany Paul 1994 Vancouver Representing the Postmodern City Arsenal Pulp Press Design Centre for Sustainability 2007 Greater Vancouver GreenGuide Seeding Sustainability New Society Publishers Enright Robert 2010 Body Heat The Story of the Woodward s Redevelopment Blueimprint Gutstein Donald 1975 Vancouver Ltd James Lorimer Company Ltd Hayes Derek 2005 Historic Atlas of Vancouver Douglas McIntyre Hern Matt 2010 Common Ground in a Liquid City Essays in Defense of an Urban Future Ak Press Herzog Fred 2011 Fred Herzog Photographs D M Publishers Inc Hutton Thomas 2010 The New Economy of the Inner City Restructuring Regeneration and Dislocation in the 21st Century Metropolis Routledge Itter Carole and Marlatt Daphne 2011 Opening Doors In Vancouver s East End Strathcona Harbour Publishing Kluckner Michael 2006 Vancouver Remembered Whitecap Books Kluckner Michael 2012 Vanishing Vancouver The Last 25 Years Whitecap Books Kalman Harold 2012 Exploring Vancouver The Architectural Guide D M Publishers Inc Kheraj Sean 2013 Inventing Stanley Park An Environmental History UBC Press Ley David 2010 Millionaire Migrants Trans Pacific Lifelines Wiley Luxton Donald Building the West The Early Architects of British Columbia Talon Books MacDonald Bruce 1992 Vancouver Visual History Talon Books MacDonald Christopher 2010 A Guidebook to Contemporary Architecture in Vancouver D M Publishers Inc Mate Gabor 2009 In the Realm of Hungry Ghosts Close Encounters with Addiction Knopf Canada Metro Vancouver 2011 Regional Growth Strategy Vancouver 2040 Weblink Perez Gomez Alberto Grabowski Christopher and Green Jim 2007 Towards an Ethical Architecture Issues within the Work of Gregory Henriquez Simply Read Books Punter John 2004 The Vancouver Achievement UBC Press Russwurm Lani 2013 Vancouver was Awesome Arsenal Pulp Press Stouck David 2013 Arthur Erickson An Architect s Life D M Publishers Inc Soules Matthew 2013 The Livable Suburbanized City Post Politics and a Vancouver Near You Harvard Design Magazine Weblink Walsh Robert M 2013 The Origins of Vancouverism A Historical Inquiry into the Architecture and Urban form of Vancouver British Columbia University of Michigan Doctorate Dissertation Weblink Winson Liscombe Rhordri 1997 The New Spirit Modern Architecture in Vancouver 1938 1963 The MIT Press Of course in the spirit of pure transparency and disclosure we think this book on another local architect is pretty cool too Social Histories of Metro Vancouver Barman Jean 2007 Stanley Park s Secret The Forgotten Families of Whoi Whoi Kanaka Ranch and Brockton Point Harbour Publishing Bown Stephen 2008 Madness Betrayal and the Lash The

    Original URL path: http://www.btaworks.com/2014/04/07/vancouver-101-essiential-readings-for-understanding-architecture-planning-and-design-in-metro-vancouver/ (2016-04-28)
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  • BT | A | Works » Flotillas, Not Flagships: Independent and Chain Bookstores (and Public Libraries) in the City of Vancouver
    and analysis from the City of Vancouver s ever useful Open Data Catalogue and specifically with the 2013 edition of its Business License database Unlike previous business categories like coffee tea shops and corner grocery stores there is a specific license business subtype which identifies retail dealers that specialize in books stationary After a quick filtering of records that sell stationary and printing services BTAworks has derived this analysis and list To further illustrate the diversity of independent bookstores in Vancouver we ve also created a typology of the most common subgroups of independent book shops from those that sell comic books to non English publications to religious materials to used books In a parallel discussion we also mapped the branches of Vancouver Public Library system to these bookstores It is important to note that Costco Walmart and other general merchandise retailers have been excluded in this survey however as observed in the Bula piece they have had an effect on booksellers in the City Of course one would need to also acknowledge internet book outlets like Amazon ca and Abebooks which have certainly effected the retail market for books nationwide According to our April 2013 extraction of the City of Vancouver s Business License database there were 58 bookstores in the City of Vancouver Three bookstores 2 Chapters and 1 Coles Books were parts of the Toronto based Indigo Books Music chain with the remaining 56 stores being independents The mass majority of independents were individual one off operators with Pulp Fiction Books with 3 storefronts being the largest independent bookstore in terms of number of shops When it comes to store size the two Chapters storefronts in Vancouver are clearly the largest in term of square footage The following chart illustrates the breakdown the number of chain and independent bookstores in Vancouver For the benefit of readers we have also broken out subtypes of independents to provide a sense of the specialization that is occurring in the industry The story of Vancouver s independent bookstore seems to be one about flotillas of small shops as opposed to large flagships There is no independent destination bookstore in Vancouver as opposed to small clusters of bookstores located in various parts of the City In Vancouver small is perhaps beautiful as they reflect the most viable forms of independent bookstore given the City s real estate and retail environment There are clusters of small independents on the intersections of Pender and Richards West 4th and Dunbar and Commercial Drive and East 2th as well as along certain corridors like Broadway as well as a cluster of Chinese language bookstores in Chinatown and specifically along Keefer Over 50 percent of bookstores are located in just four of the City s Plan Areas Downtown Vancouver Kitsilano Fairview and Strathcona with all the chain bookstores located either in Downtown Vancouver or Fairview The rest are well spread throughout the City and which probably reflect a geography of retail rents household income language and education

    Original URL path: http://www.btaworks.com/2013/06/03/flotillas-not-flagships-independent-and-chain-bookstores-and-public-libraries-in-the-city-of-vancouver/ (2016-04-28)
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