city of vancouver

5:00AM
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In 2016, average rents in Montreal were $835 a month compared to $1,242 in Toronto and just under $1,300 in Vancouver.


1:34PM
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There's plenty of room to grow upwards by adding more homes within the city’s existing urban footprint.


1:57PM
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It costs an estimated $78,000 per unit to comply with building regulations in Vancouver.


4:44AM
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Living wage laws tend to reduce employment opportunities for low-wage and low-skilled workers.


3:04AM
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Encouraging home ownership may deter the labour mobility vital for a dynamic economy.


3:17AM
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Demand-side forces are still at play regardless of the new tax on foreign buyers.


3:00AM
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Unfortunately the discussion on housing affordability has been dominated by handwringing over foreign homebuyers and low interest rates.

10:17AM
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Long and uncertain building permit approval timelines are key barriers to building.

1:30PM
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If new housing supply can adequately respond to spillovers in demand, there’s no reason for bidding wars in middle-class neighbourhoods.