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Vancouver’s new government will face enormous pressure to grow the housing stock—quickly
With a municipal election looming, here’s a statistic that crystalizes one of, if not the most, important issues of the campaign. Home prices in Vancouver have grown almost 70 per cent since the last municipal election in 2014. Add in ...
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It’s time for Canadian cities to eliminate minimum parking requirements
Last week was broadly positive for land-use and housing policy in North American cities. Along with Vancouver City Council’s decision to allow low-density neighbourhoods to add duplexes without rezoning, Cincinnati just joined a growing ...
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More duplexes in Vancouver—one small step in the right direction
Vancouver City Hall has certainly caught on to the fact that there’s plenty of room to grow in British Columbia’s biggest city. This week, at the city’s last council meeting before October’s municipal election, outgoing Mayor Gregor ...
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Why a ‘renters rebate’ won’t help Metro Vancouverites
In a recent interview, B.C. Minister of Municipal Affairs and Housing Selina Robinson reaffirmed the provincial government’s commitment to a “renters rebate” of $400 per renter household, annually. As appealing as this idea may sound to ...
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It’s possible to build our way to housing affordability
Housing continues to make headlines across the country, with many Canadians lamenting the high cost of homes particularly in our big cities. And yet, the best way to maintain broad affordability in prized housing markets is to build a ...
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B.C. budget—housing plan anything but ‘comprehensive’
The B.C. government’s 2018 budget was widely expected to include measures aimed at housing affordability in the province’s most expensive real estate markets. Unfortunately, the measures announced continue to target the symptoms rather ...
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Focus on foreign buyers overlooks source of most housing demand in Canada
The Canada Mortgage and Housing Corporation (CMHC), partnering with Statistics Canada, recently released much-awaited data tracking the share of home ownership by non-residents (individuals whose principal dwelling is outside of Canada) ...
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Surprising potential in Vancouver's affordable housing plan
Appeared in the Vancouver Sun With housing prices at an all-time high in Vancouver, there was a lot of buzz about the interim report of the Mayors Task Force on Housing Affordability. While the Task Force acknowledged the need to streamline and create ...