It’s time to put an end to the increasingly common – but completely inaccurate – suggestion that the City of Vancouver’s new, denser zoning regulations will chase lower income renters out of the Broadway corridor.
One of the City of Vancouver’s most important rental districts has a vacancy rate of just 0.5% – a negative result of our citywide crisis of housing affordability.
This fall, British Columbians saw leadership changes in both municipal and provincial governments. Making good on what they’ve said they’ll do will be intriguing to watch.
Solving Canada’s housing crisis shouldn’t require more than a single lesson in economics. When prices are high, a free market always responds and supplies more. Yet amidst Canada’s severe problems of housing affordability, this foolproof mechanism is continually...
Your questions, our answers
Goodman Report In June this year, we described the headwinds challenging rental housing providers and builders as they try to deliver new rental housing. The scarcity of purpose-built rental in B.C. is well-known, resulting from decades of depressed construction and a shortage of policies incentivizing delivery. A short-lived break from the near 0% vacancy rate … Continued
What we found: The factor that popped up in every market downturn was government intervention.
After years of run-up, the City of Vancouver’s Secured Rental Policy is finally making its way to a City Council public hearing for a vote.
By Andrey Pavlov, Ph.D., Goodman Report
By Claire Immega, Partner, Singleton Reynolds