Mark Carney basically announcing a bail out for Vancouver and area developers; Too many completed condos sitting empty. Metro Vancouver alone around 2,500 finished units are standing vacant with no buyers. They don't want to sell at a loss, they can't afford to hold those empty units indefinitely. ​We will convert vacant condos into affordable housing. We're going to go use the right financing mechanisms, convert those into affordable housing so people can move in and use that." Greed and horrible municipal planning has led to building overpriced shitboxes that no one wants. Now Carney will reward that with taxpayer dollars instead of letting the market solve itself by bringing the prices down. Absurd intervention. I thought he was an economist??