Jon Stovell shares his frustrations with Vancouver’s current housing crisis and positions advocacy and policy as the way forward in an unprecedented market

#27: Today on the pod, Cam connects with a Vancouver real estate legend: Jon Stovell, President & CEO of Reliance Properties. Widely recognized for growing Reliance from a small holding company into an industry titan, Jon offers words of wisdom for today's up-and-coming developers. He delves into his passion for advocacy, policy and the continued revitalization of Gastown, and explores frustrations regarding the housing crisis and current market inequities.

• 00:00:13 Start

• 00:00:59 Post covid fun events, UDI, ICSC, U40

• 00:02:01 Jon, the legend!

• 00:03:29 Getting back to basics and values

• 00:06:03 Jon’s start

• 00:06:51 Starting in accounting

• 00:09:02 Gastown

• 00:10:16 The Broken system, downtown Eastside plan

• 00:12:33 Hastings St, the new tourist attraction

• 00:16:21 Reliance is the largest property owner in Gastown

• 00:17:39 Advocacy Jon likes

• 00:18:43 The government is turning on the real estate industry like a pack of wolves

• 00:21:15 David Ebby & ABC Party

• 00:23:38 Government won't become the main source of housing

• 00:25:54 CMHC Report

• 00:28:04 How do we make rental work? (Stars aligned)

• 00:32:57 China dividends

• 00:35:48 China vs. India re factories

• 00:38:49 Downside of inflation

• 00:43:39 Presale buyers

• 00:48:05 Jons #1 wish: upzone everything around transit

• 00:50:17 Why under zone?

• 00:53:20 Partnerships in development w/ first nations

• 00:54:15 What is in the provincial government's hands

• 00:57:07 Why advocacy?

• 01:01:14 Developers moving elsewhere

• 01:03:14 If you were just starting, where would you start?

• 01:04:19 The missing middle & Sourcing capital

• 01:07:48 Multigenerational developers

• 01:12:47 Marketing budgets and delivery

• 01:19:06 The emotional component in real estate

• 01:22:01 Bleeding Edge tech

• 01:24:24 What is technology?

• 01:26:32 Presale mechanism

• 01:30:57 Construction costs, sharing the burden

• 01:32:57 Profit in real estate

• 01:36:34 Realtor commissions

• 01:38:27 End

Cam Good the entrepreneur behind Vancouver's most innovative real estate project marketing firm is bringing his distinct voice and unique candor every other week – catching up with industry friends and experts giving you a look into the mind of inspirational entrepreneurs and their multifaceted interests.

• No. of episodes: 45
• Latest episode: 2024-01-23
• Business Entrepreneurship Marketing

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