Better Dwelling Explained

Better Dwelling
Logo Alt:Better Dwelling Logo
Type:Daily
Format:Online
Owners:Better Dwelling Inc.
Founder:Stephen Punwasi (co-founder)
Publisher:Better Dwelling Inc.
Staff:Stephen Punwasi
Daniel Wong
Kaitlin Last
Daniel Tencer
Daniel Foch
Tiffany Greene
Joey Evans
Foundation:2017
Political:Non-partisan
Language:English
Headquarters:Vancouver, Canada
Publishing City:Vancouver
Publishing Country:Canada
Issn:2371-8528
Website:https://betterdwelling.com

Better Dwelling is a Vancouver-based daily news publisher and financial media company. It operates Canada's largest independent housing news outlet.[1]

History

Better Dwelling was founded in 2017 as a real estate news service that used artificial intelligence to assist with its data journalism. It was co-founded by Stephen Punwasi.

In 2017, the company began a daily news syndication service carried by mainstream news publishers such as Business Insider, HuffPost,[2] and Maclean's.[3]

Better Dwelling has reported on the Canadian property bubble and housing crisis.[4] The organization and its staff have collaborated on research with Canada's national housing agency[5] and Transparency International Canada.[6]

In 2021, Better Dwelling was collateral damage in a controversy surrounding Big Tech's censorship of criticism of China and Optimum Publishing International. The outlet had published what was described by Canadian newspaper National Post as an "innocuous" clip of an interview with Optimum author and Global News reporter Sam Cooper, discussing his coverage of the Cullen Commission.[1] Shortly after publishing the video clip, the outlet's staff was removed from managing its Facebook page. The page was later restored with Facebook stating it was an error.[7]

Research

Money laundering and property

The outlet has played a key role in exposing money laundering in Canadian real estate. Notable contributions involve publishing a leaked Canadian intelligence report that alleges transnational criminals have used housing Vancouver, Canada for laundering since the 1990s[8] and an analysis with Transparency International on billions in opaque ownership in Toronto.[9]

In 2019, the CEO was thanked for their contribution to a report on money laundering and real estate, created at the request of the Government of British Columbia and produced by former RCMP Commissioner Peter German. The report was central to launching the Cullen Commission, B.C.'s anti-money laundering inquiry.[10]

The organization's staff testified how money laundering impacts real estate prices at the Cullen Commission, BC's Inquiry Into Money Laundering.[11]

Notes and References

  1. News: Maddeaux. Sabrina. 2021-10-28. Sabrina Maddeaux: Facebook, Twitter are silencing China critics and it is corrosive to our democracy. en. National Post. 2021-11-02.
  2. Web site: Better Dwelling. 2021-11-03. HuffPost. en.
  3. Web site: Wong. Daniel. 2018-02-16. Canadian real estate sales just fell the most since 2008. Here's why.. 2021-11-03. Macleans.ca. en.
  4. Web site: Vancouver housing market is not going to crash. 2021-11-03. www.vice.com. en.
  5. Web site: CMHC Housing Finance Symposium 2017 Speakers. live. https://web.archive.org/web/20211103071225/https://scarp.ubc.ca/sites/scarp.ubc.ca/files/2017%20Housing%20Finance%20Symposium%20Agenda.pdf . 2021-11-03 .
  6. Web site: Our Work. 2021-11-18. Transparency International Canada. en-US.
  7. Web site: FIRST READING: Censorship is chic again!. 2021-11-02. torontosun. en-CA.
  8. Web site: Greene. Tiffany. Chinese billionaires, gangsters, and spies have been influencing Canadian real estate for ages. 2021-11-18. Business Insider. en-US.
  9. 2019. Opacity: Why Criminals Love Canadian Real Estate (And How to Fix It). Transparency International. Transparency International Canada. Toronto. 60.
  10. Web site: German . Peter. March 31, 2019. DIRTY MONEY – PART 2: Turning the Tide - An Independent Review of Money Laundering in B.C. Real Estate, Luxury Vehicle Sales & Horse Racing. live. November 18, 2021. Government of British Columbia. Peter German & Associates Inc.. https://web.archive.org/web/20190510050003/https://news.gov.bc.ca/files/Dirty_Money_Report_Part_2.pdf . 2019-05-10 .
  11. Web site: 2021. Overview Report: Lower Mainland Housing Prices. live. Government of BC. Cullen Commission of Inquiry into Money Laundering in BC. https://web.archive.org/web/20210415013643/https://ag-pssg-sharedservices-ex.objectstore.gov.bc.ca/ag-pssg-cc-exh-prod-bkt-ex/602%20-%20Overview%20Report%20Lower%20Mainland%20Housing%20Prices.pdf . 2021-04-15 .