The imbalance between the number of available units and the number of would-be renters drives up rents.
Osaka, Japan is 5.7 times more dense than Calgary.
Government workers in B.C. are absent from their jobs for personal reasons 49 per cent more often than private-sector workers.
San Francisco has a comparable land area to Vancouver but accommodates roughly 30 per cent more residents.
In today's budget, B.C. NDP Finance Minister Carole James said the government’s housing plan will be “comprehensive."
Historically low interest rates have enabled families to more than double their mortgage borrowing power since 2000.
Mayor Gregor Robertson has started a push for the City of Vancouver to become a “living wage employer.”
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 more certainty and clarity in the regulatory process, the City of Vancouver will need to significantly reduce land-use restrictions and the regulatory burden on developers to truly help make housing more affordable.
The High Priests of the Green Religion in Vancouver City Hall are about to please their supporters with another innovation that will save Mother Earth from the users of automobiles who poison the atmosphere with carbon emissions and cause traffic congestion and deaths.