BCBusiness

July 2018 The Top 100

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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BCBUSINESS.CA jULY/AUGUST 2018 BCBusiness 35 N ext year marks the 37th anniver- sary of the start of the Meibion Glyndwr arson campaign in Wales. This crime spree was the work of nationalist groups opposed to an in•ux of wealthy English property buyers who had bid up housing prices, rendering Wales una•ordable to the Welsh. Declaring "every white settler is a target," the militants, who apparently did not possess mirrors, eventually exported their brand of umbrage to London and Liverpool, where a Conservative Party o„ce and real estate agencies were bombed. By the time the campaign ended 12 years after it began, more than 200 holiday cottages had been torched. "Real estate makes people nasty," says UBC's Tom Davido•. That's one of the Œrst lessons he learned when he Œrst became interested in it as an area of study, he notes. The reasons aren't elusive: shelter is a fundamental human need, so people understandably get worked up when they see a Today in B.C., the possibility that things could get nasty isn't far-fetched—especially if prices continue to climb steadily. Surging nativism isn't the only problem on the horizon if housing costs, like some fairy-tale beanstalk, keep growing skyward

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