affordable housing

10:30AM
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Recently 1,000 units initially intended for the rental market have been converted into condo units.


10:06AM
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Once prices aren’t allowed to increase to meet demand, people face strong disincentives to build new units.


2:14PM
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Boosting demand for a good without also boosting its supply puts upward pressure on prices.


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.


8:44AM
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Vancouver’s growing housing costs are outstripping income increases in the city.


11:28AM
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In neighbouring Burnaby, it takes almost five months less for typical housing development projects to receive a greenlight from city hall, and costs approximately $20,000 less in compliance fees per new dwelling unit.