Despite some positive policy moves, BC is still not meeting the demands of the housing crisis. We need more non-market housing in BC now…. View Article
Vancouver’s go-slow multiplex policy could blow a hole in provincial housing projections. If the city doesn’t fix the policy, it will reduce the estimated benefits from BC’s housing legislation by 30,000+ homes…. View Article
Province must take responsibility for flood protection infrastructure Provincial and municipal officials were warned repeatedly that the dikes in one of the cities hit hardest by the floods that paralyzed southern British Columbia in 2021 were structurally unsound and could fail should water levels in local rivers rise quickly. For years preceding the disaster,… View Article
Property wealth has become a massive source of inequality in BC as home prices and rents have risen dramatically amid a severe housing crisis and shortage. A consequence of high prices has been an explosion of residential real estate wealth now totaling over $2.1 trillion in the province, a stock of wealth that remains only… View Article
Housing policy has a democracy problem. Amid a housing crisis, highly unrepresentative public hearing processes contribute to land-use decisions that fail to reflect the perspectives and interests of all affected residents. But the right reforms can help deepen democracy and break housing gridlock. At the municipal level, decisions about providing new housing are typically made… View Article
There is a huge opportunity for the BC government, under new leadership, to address housing affordability by making major investments in non-market housing. A growing number of commentators have recognized that the market alone cannot solve BC’s housing problem, particularly for low- to middle-income households. Major investments in non-market housing could include a much larger… View Article
In the face of a mounting housing crisis, what if BC could massively increase public investment in below-market rental housing—and if that upfront investment could literally pay for itself, with no increase to taxpayer-supported debt? While this might sound too good to be true, it simply follows from the basic logic of rental housing development…. View Article
During the 2017 election campaign as part of its plan to make life more affordable, the BC NDP promised if elected to “build 114,000 affordable rental, non-profit, co-op and owner-purchase housing units through partnerships over ten years. These homes will be a mix of housing for students, singles, seniors and families and will range from… View Article
With the 2022 municipal elections now in sight—and a housing affordability crisis that’s as bad as ever—the City of Vancouver has embarked on two new directions for more dense housing in its detached-housing neighbourhoods. These moves are modest but point to the type of new housing supply needed region-wide. First, as part of a new… View Article
Early January showed how much BC’s housing system is biased towards existing homeowners to the detriment of renters and housing affordability. First, the latest property value assessments in BC revealed double-digit increases across the board. Large annual increases, such as the 16 per cent hike we see in the City of Vancouver, have become the… View Article