Vancouver MLB, Condo Bailouts, & the Strait of Hormuz
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Vancouver MLB, Condo Bailouts, & the Strait of Hormuz
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In this 27-minute episode, we tackle three stories making headlines locally, nationally, and around the world. First, we discuss Vancouver’s push to bring Major League Baseball to the city. Could Vancouver actually support an MLB franchise? What would the ownership and stadium model need to look like, and is Mayor Ken Sim’s latest push a serious bid or some well-timed election-year politics?
Next, we look at the proposed federal and provincial plan to purchase up to 2,200 unsold condos across the Greater Vancouver Area. Could buying distressed inventory help create affordable housing while supporting future construction, or does it amount to a taxpayer-funded bailout for developers? We also ask whether that argument changes if governments purchase properties at a significant discount or through foreclosure.
Finally, we turn to the ongoing crisis in the Strait of Hormuz. Has the U.S. backed itself into a strategic corner? What options does President Trump have from here, and what leverage does Washington actually have to get one of the world’s most important shipping routes fully reopened?