Gazetteer notes that Greater Vancouver’s two public universities are leveraging their huge land endowments to raise funds… in ways that may make some of that land a lot harder for you and me to ever walk on:
[B]oth public institutions were granted large swaths of land as an Endowment when they came into being. And both are selling off/longterm (ie. 99yr) leasing big chunks of that land to raise money for mini Harvard-like endowments and the like.
…One thing cannot be denied. Once those lands are gone, they are gone forever. And once they are gone they will no longer be owned the public.
