A Drone Flies Through A Rotting, Abandoned $17.5 Million Vancouver Mansion; This Is What It Saw

Zero Hedge ^ | 4-15-16 | Tyler Durden

[dynachrome]

So far, he’s filmed five properties in Point Grey and a few in the south Cambie area. Many of them sit behind blue fences, the telltale sign a backhoe is on its way.

Fieldwalker said accessing the properties is simple: “We just go up to them and shoot.”

In the following film posted to Fieldwalker’s Vimeo page, the viewer is brought inside a 3,430 square-foot Point Grey teardown on Drummond Drive, which last year sold for $17.5 million.

The property’s overgrown lawn, mossy shingles, smashed windows and missing doors suggest it’s been many years since anyone called it home. It's owner, mostly likely another Chinese tycoon, is long gone.

Inside, the camera pans and dollies slowly over peeling paint, crumbling gypsum and broken glass, up a staircase and down hallways that show no signs of life, save for some graffiti. It would be the perfect set for a horror or post-apocalyptic film.

Fieldwalker said he understands he’s trespassing and takes responsibility for it, but believes that because the properties are on unceded Coast Salish territory, they can’t truly be owned. Many have sat vacant for five or more years as investment properties. "I’ve had no friction so far,” he said.

[ozzymandus]

$17.5 million? I’d like to sell some abandoned mansions to some rich Chinese for those prices.

[ozzymandus]

Too wet to burn in Vancouver.

[dynachrome]

I’d sell my “mansion” to one of them for a measly 2 million!

[Peter Libra]

I don't know but it looks like the “homeless” and other persons have run amuck in this building. Neglected or not, that kind of damage should never have happened otherwise. One reads of the distressing circumstances of the homeless in that particular city. The effete liberals wring their hands and say that "something should be done".

I just wonder IF it was the homeless and other street types that created that awful mess? If it was, then there is little hope. Little hope that if provided with decent affordable accommodation it would not happen to where they would reside. That is-utter neglect and deterioration.

[dynachrome]

I believe these are money laundering schemes, somehow. There are corrupt chinese who need to move their money out of China.

[steve86]

Very few people buying properties for teardowns in Vancouver, WA. And the town just doesn’t seem to attract the hyper rich.

[Peter Libra]

I believe these are money laundering schemes, somehow. There are corrupt Chinese who need top move their money out of China.

I have read elsewhere of the reasons being money laundering. I also read of accounts of even quite expensive rentals being sought after without success for two years in Vancouver. This by ordinary Canadians. A whole row of apartments left empty, standing in some areas.

I confess have little knowledge of just how this benefits the Chinese. I know this where I live in Ontario. If one leaves a house empty for some time and it is vandalised, it is a financial disaster.

[Celerity]

Can we get a drone at some Whitewater properties before the DNC nomination ?

[Peter Libra]

On getting a drone to view the 230 acres of undeveloped land (at least it was). This called Whitewater Properties.

Only real person to tell the true story is Susan McDougal. Pardoned by President Clinton. She will never tell.

[Celerity]

Was it one plot ? I thought it was a couple different ones.

[Celerity]

And Susan Macdougal probably won’t talk because she knows she’ll die .... of chronic suicide.

[G Larry]

This part always makes it harder to sell:

“”Curious Story Of The Chinese Tycoon Found “Chopped Up Into 100 Pieces” In A Vancouver Mansion.””