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Number of purpose-built rental units in Vancouver increased by just 7% since 1990

Kenneth Chan, Daily Hive
January 22, 2019

The volume of purpose-built rental housing stock within the city of Vancouver has grown by just 7.3% since 1990.

This is based on the Goodman Report’s recent breakdown of Canada Mortgage and Housing Corporation data, which indicates the total purpose-built rental stock in Vancouver only increased by 3,960 additional purpose-built rental units in nearly three decades — from 54,170 units in 1990 to 58,130 units in 2018.

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B.C. has lost millions to undervalued commercial properties, former assessor says

Kerry Gold, Globe and Mail
January 22, 2019

Recently retired BC Assessment assessor Derek Holloway says that for too long, large commercial properties, often slated for residential density, were being undervalued and money was left on the table. That’s money that could have been going toward funding social housing and affordable housing models, such as co-op housing.

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