Independent media needs you. Join the Tyee.

The Hook: Political news, freshly caught

With Vancouver real estate at $206 per cubic foot, Cube Living's $1 sale is a steal

We smiled smugly and sagely to ourselves and anyone who'd catch our eye when we swung a sweet real estate deal through Alex Grunenfelder's Cube Living art project on Tuesday. At $3 for two cubic feet of space, we were thrilled about the bargain.

But a Thursday morning data crunch from Bing Thom Architects proves the extent to which we were only playing house.

Cube Living sells one fantastical cubic foot of space for $1. But one cubic foot of space in the city of Vancouver is actually valued at $206, according to 2013 BC Assessment values.

Bing Thom researchers explain their calculation.

Grunenfelder's installation is a commentary on the absurdities of the real estate industry. The numbers from Bing Thom Architects prove that Cube Living's "Real Estate 3.0" has truly arrived.

More on the BC Assessment numbers here. (It's a PDF.)

Jackie Wong reports on affordable housing for The Tyee Solutions Society.

Find more in:

What have we missed? What do you think? We want to know. Comment below. Keep in mind:


  • Verify facts, debunk rumours
  • Add context and background
  • Spot typos and logical fallacies
  • Highlight reporting blind spots
  • Ignore trolls
  • Treat all with respect and curiosity
  • Connect with each other

Do not:

  • Use sexist, classist, racist or homophobic language
  • Libel or defame
  • Bully or troll
  • Troll patrol. Instead, flag suspect activity.
comments powered by Disqus