Date

03-04

Comments

5

Homeowner Protection Experiment Fails in BC…

Since there was no remaining meaningful consumer protection activities or responsibilities being conducted at the Homeowner Protection Office (HPO), it is no surprise to learn that the HPO is quietly closing its doors.
HOMEOWNER PROTECTION ACT RESPONSIBILITIES TRANSFERRED
The announcement last summer that the HPO interest-free loan program (designed to keep Leaky Condo owners in their homes) [...]

Date

11-21

Comments

1

BC Government Abandons Leaky Condos…

The sudden discontinuation on July 31, 2009, of the HPO Reconstruction Loan Program by Housing Minister, Rich Coleman and his government was unconscionable.  They have now brought consumer protection to an all-time low in BC.
In the Fall of 2007 the Homeowner Protection Office received an independent report from McClanaghan and Associates which clearly pointed out [...]

Date

08-05

Comments

1

Leaky Condo costs have soared past $3 billion, so far

Leaky Condo reconstruction costs have soared past $3 billion so far, and that doesn’t include the indirect societal costs borne by British Columbians that nobody is tracking.
Since only about 20 percent of leaky condo owners met the government imposed “means test” of the Homeowner Protection Office loan program, the $670 million in HPO victim loans [...]

Date

08-02

Comments

1

Leaky condo assistance halted…

Leaky condo assistance dries up, Liberals say program is obsolete
The provincial government is scrapping a program that for the past decade has provided leaky-condo owners with interest-free loans to pay for repairs
By Derrick Penner
The Vancouver Sun  -  August 1, 2009   
Housing and Development Minister Rich Coleman said the loan program has more than run [...]

Date

07-31

Comments

0

Cutting corners in construction…

This is not the place to cut corners in construction
When I read this today it reminded me of what became clear during the Barrett Commission hearings over a decade ago in British Columbia.  The many engineering assessments being conducted on leaky condos were turning up dozens, and sometimes hundreds, of building code violations. At one infamous [...]

Date

06-24

Comments

2

Leaky Condo victims deserve better…

Times Colonist             June 24, 2009
Condo victims deserve better
The leaky condo debacle remains one of the greatest consumer ripoffs in Canadian history, costing British Columbians between $1.5 billion and $2 billion. Lives were devastated when people bought homes and found themselves facing huge repair costs.
Now the provincial government, without warning, is halting an interest-free loan program [...]

Date

06-24

Comments

0

Insurance companies not honouring warranties…

Insurance companies not honouring new leaky condo warranties: owners
Insurers say lack of maintenance by owners is source of some problems
CBC - Monday, June 22, 2009 | 9:38 AM PT
Thousands of B.C. condominum owners have had to live behind walls of plastic while their leaky buildings were repaired. (CBC)
Some owners of recently built leaky condominiums say [...]

Date

08-13

Comments

5

About Leaky Condos; the truth…

This is a follow up to this previous post which you might want to read as a backgrounder.
The control of rain penetration relies on the exterior layer (the wall cladding) of the building envelope assembly to resist all rain penetration.  This requirement has always been a requirement of the building code no matter what the envelope detail [...]


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Getting involved in real estate can be overwhelming. As a respected real estate representative in the Metro Vancouver area, John has seen the changes of our real estate market and has evolved with it

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