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Re:Google ends plans for smart city in Toronto by claudeganon on Thursday May 07, 2020 @01:28PM (#23105610)
...or international investors buy them up as an asset store or to launder money, leaving them mostly vacant. We unfortunately live in the real world, not an economist’s toy box, and have the example of Vancouver to prove it.
Re:Google ends plans for smart city in Toronto by what_ever on Thursday May 07, 2020 @01:45PM (#23105814)
Isn't that a separate problem which Vancouver is already trying to fix by occupancy rules?
Re:Google ends plans for smart city in Toronto by claudeganon on Thursday May 07, 2020 @02:35PM (#23106458)
Vancouver is fixing the problem that the parent said is the solution - build a bunch of luxury stock to solve your housing crisis. It doesn’t work out that way in reality, which is what they’re now addressing.