False Creek is primarily an area of leasehold interests in favor of the City of Vancouver. A key aspect of these leaseholds is prepaid vs. non prepaid leases. The later may be an expensive proposition long term. Many would ask why bother? The view opportunities of the city-scape, and the proximity to Granville Island with its shops, markets, restaurants and cultural features are the answers. This is a multiple residential area prime for singles or professional couples.