Housing.2C affordability and gentrification East Vancouver

resident-led volunteer project create green spaces , improve neighbourhood in east vancouver

however, increased housing prices have caused significant positive changes in east vancouver, such greater retention of existing residents (partly due lack of affordability in other areas), increased densification (increasing number of affordable housing options (e.g. townhouses)), more residential investment, neighbourhood-led artistic projects, more community-pride events (e.g. neighbourhood clean-ups, block parties , community gardening), , greater tax base new amenities(e.g. new planned library , $2.7 million in street, lighting , sidewalk improvements @ kingsway , knight street).

rising prices throughout city have produced challenges new social housing projects. has caused conflict east vancouver residents feel social housing projects disproportionately located in communities versus areas in vancouver s west side, of have no social housing @ (dunbar, kerrisdale , shaughnessy)

other general vancouver housing concerns include increasing rental rates due speculation associated vancouver 2010 olympics , recent provincial economic growth.

in january 2013, leaseholders of waldorf hotel, east vancouver institution, told must cease operations of january 20, 2013, order of new owner , condo developer, solterra group of companies. after public outcry save land, building , cultural institution, mayor gregor robertson issued public statement decrying loss, critics denounced sentimental bid hipster votes.