Nice article. Continuing on your point with the Squamish lands, one of my hypotheses is that the Indigenous people could actually end up being the solution to this mess over the ultra-long term.
Like, because the Indigenous people can develop what they want (other than potential restrictions around hooking up utilities), they have a competitive advantage when it comes to developing Vancouver real estate. That advantage should allow them to get outsized profits relative to other developers.
Those profits should allow them to buy land, integrate it with their other land, and continue development. Effectively, they have a flywheel that over the course of a century or two, should let them re-acquire massive swaths of Vancouver.
It's pretty unlikely to happen because there are going to be many people involved in making the decisions about what to do with the profits, and it would be difficult implement a long term plan for prosperity when most people would rather just buy toys today. But it amuses me that it theoretically *could* happen.
I'm sorry you didn't get elected. You're the closest person I've ever seen to being my doppleganger. (Similar style of writing, similar jobs, similar interests, similar perspectives on most issues, same somewhat unusual CS/math degree from UBC + CS master's degree, similar focus on analytics, similar decision to be involved in politics.) So, I think it's unfortunate that you weren't elected.
Nice article. Continuing on your point with the Squamish lands, one of my hypotheses is that the Indigenous people could actually end up being the solution to this mess over the ultra-long term.
Like, because the Indigenous people can develop what they want (other than potential restrictions around hooking up utilities), they have a competitive advantage when it comes to developing Vancouver real estate. That advantage should allow them to get outsized profits relative to other developers.
Those profits should allow them to buy land, integrate it with their other land, and continue development. Effectively, they have a flywheel that over the course of a century or two, should let them re-acquire massive swaths of Vancouver.
It's pretty unlikely to happen because there are going to be many people involved in making the decisions about what to do with the profits, and it would be difficult implement a long term plan for prosperity when most people would rather just buy toys today. But it amuses me that it theoretically *could* happen.
I'm sorry you didn't get elected. You're the closest person I've ever seen to being my doppleganger. (Similar style of writing, similar jobs, similar interests, similar perspectives on most issues, same somewhat unusual CS/math degree from UBC + CS master's degree, similar focus on analytics, similar decision to be involved in politics.) So, I think it's unfortunate that you weren't elected.
This is a great article!