19 — Wednesday, March 1, 1989 - North Shore News

B.C. RESIDENTS fed up with watching the price of While admitting that houses are overpriced, Couvelier
housing escalate shouldn’t expect any help from the pro- said that prices will begin to fall, although not substan-
vincial government. Finance Minister Mel Couvelier an- tially. Meanwhile, the cost of a detached bungalow in
nounced this week that the B.C. government has no plans West Vancouver rose 39 pzr cent in the past year to
to intervene in the housing market by imposing a $234,000. Inquiring Reporter asks people if the govern-
speculation tax or restricting foreign ownership of land. ment should change the real estate law.

Should government change estate law?

inquiring
reporter
Evelyn Jacob

Helene Josefowicz Lisa Gooding Dora Forman John Hutchinson Joseph Young ~.

Victoria North Vancouver Vancouver North Vancouver North Vancouver “ew

It would be nice if some- I don’t think restricting By all means. The price Yes, they should definite- No they shouldn’t,

thing could be done foreign ownership is a of housing is getting out ly change the real estate because to stop the {NTT ee
about quick-flip artists. good idea, it’s too harsh. of reach for many people {aws so that only Cana- of foreign investment

—

Maybe a speculation tax A speculation tax may and it’s making them dian residents can _pur- would be stopping pro- -
would lower inflated stop people from abusing unhappy. chase property in B.C. gress. eam
housing prices. the system.

/, FIFI TITIOILILE LEZ

NORTH VANCOUVER MP. ty’s annual! general meeting Wed-
Chuck Cook recently blasted the nesday.

At

Raymond Academy Presents 7m,

Progressive Conservative national y) ’ Z
campaign committee for fighting “The national campaign mis- CA RE WCAS

the wean enemy in B.C. during judged the strength of the NDP in y CAREER SHOWCASE ‘89 E 89 g

the last federal election. the West use they concen-
Cook spoke about the _ trated onthe Liberal power base i in 4) AN OPEN HOUSE EVENT y)
November election at the PC par- Ontario and Quebec,'’ he sai . Z ON LOCATION )
March 8 & 9, 1989
CANADIA N y 1149 Robson St., Vancouver * 684-5315 g
SHOPS y AC3 ad y)
986-4263) | Y Icy o |

\

te, PP III DIDI IIIs

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Open 7 0 a

ALL FRAMES
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Featuring new arrivals for Spring ‘89.
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Contact lens specia!!
Regular soft contact lenses

$89.95

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NOW ‘WHEN THE
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, s
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Offer in effect till March 31, 1989, while quant# fies last.
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Coming soon - - Laura%fiagotti eyewear!

THE BAY OPTICAL

Begiond . Champlain

THE NEW FOUR WHEEL DRIVE BMW 325iX.

May we issue a waming to the weather — the 325iX offers
o level of performance thot rivals all other four wheel drives.
The next time a weather front moves in, drive it away in a
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PARK SHORE
108 Bowser Ave., North Vancouver
985-9344

Downtown Vancouver “ft
ne