From today’s NRU:
The value of building permits in Vancouver has jumped dramatically in the first quarter of 2014, with office, retail and other business uses leading the way.
The city’s most recent figures — to the end of March — show a total value of permits for the year to date of $651 million, compared to $399 million for the same period last year. …
… residential uses do not lead the pack. That honour goes to the business and personal services category, whose value has more than quadrupled — more than $156 million year-to-date compared to almost $35 million for the same period last year …
When was the last time that value of ‘business’ permits exceeded residential?
Will those who claim (a) the city is turning into a resort without jobs, (b) driving jobs to the suburbs with crazy interventions like bike lanes, (c) sacrificing the real economy in the name of a green agenda, please explain what’s going on?