And now Vancouver city will have to slash the social housing component of the Olympic Village. This is not what was promised when the Olympic proposals were put forward, it is however an economic reality.
Why they ever agreed to give subsidized housing to people in the most desirable and expensive jurisdiction in Canada is beyond me. 99% of us in B.C. cannot afford to live there but those people who are down on their luck get to live there at our expense. Go figure.
If we are going the social housing route at least build it in a little bit less costly area. I fail to understand why those of us who have worked and slaved to buy a home had to make sure we did so in a place we could afford, not in the most expensive waterfront in the Country.
The cost of these social housing units is well in excess of $500,000. Per unit. Why not build them somewhere where they can be built for $100,000. Or less.
Our grandchildren are going to still be paying for this fiasco long after it has outlived it’s usefulness and fallen down.
Unfortunately this is just one of the many costs that we are going to be paying for for years to come involving the 2010 games.The powers that be are required to put the most positive spin that their high priced spin doctors can come up with on the whole thing.
Some of us feel the games are worth it at any price and some not so much. I find myself in the not so much category, but not having a say in the whole thing I just wish once it was a done deal they could have told us the truth about what it was to cost. I don’t for a minute believe that the people who devised the Olympic costs actually believed the numbers they put forth.
Trivia - A cockroach can live several weeks with it's head cut off - It dies from starvation.
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