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  1. Rather than help all renters, B.C. government picks a lucky few

    The Horgan government recently announced plans to spend $492 million on the provision of 4,900 subsidized rental units in British Columbia over the next two to three years. There’s a clear need for units with below-market rents, and this ...

  2. Developer fees rising in Metro Vancouver

    A recent Fraser Institute study compared 17 of Metro Vancouver’s 21 municipalities on spending, revenue and debt from 2007 to 2016, underscoring the changing makeup of municipal revenues in the region. As shown in the chart below, ...

  3. Regulating short-term rentals in Vancouver—a Band-Aid that ignores key driver of rental crunch

    Vancouver City Council recently voted to ban the listing of secondary residences on short-term rental platforms such as Airbnb. The hope is that this will make more units available for long-term renters. With a vacancy rate below 1 per ...

  4. Trudeau government’s new housing benefit seems to ignore regional differences

    As part of its National Housing Strategy, the Trudeau government announced today that it will directly subsidize low-income households with an average of $2,500 annually for housing costs. Details are pending, but the logic is simple: if ...

  5. Dear Montreal, don’t lose your housing advantage

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

  6. Amazon HQ2—you can grow Vancouver’s economy without making housing less affordable

    The City of Vancouver is keen to land Amazon’s “HQ2”—a second North American headquarters, which the company claims will house tens of thousands of new jobs and add billions of dollars to the local economy. Indeed, HQ2 aligns with the ...

  7. Allow housing supply to react to housing demand in Toronto, Vancouver and beyond

    To date, the discussion on housing affordability, dominated by handwringing over foreign homebuyers and low interest rates, has primarily focused on demand-side issues while ignoring the fact that when a good is in high-demand, it ...

  8. 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 Mayor’s Task Force on Housing Affordability. While the Task Force acknowledged the need to streamline and create ...