1mo ago

B.C. housing experts argue in open letter that more supply alone will not solve crisis

4 comments

A number of B.C. housing experts are arguing in an open letter that the B.C. government should not just add more housing but make sure the housing that's being added is affordable.
What a novel concept that houses being built should be affordable by everyone....
- No, clearly the solution is more luxury 1 bedroom condos. That'll fix the ~~desired outcome~~ problem!
  
  that could be like 2 studios.. affordable enough if you dont mind having two roommates
Why is this being pushed as news? There are already been statements direct right out of Premier Eby's mouth that we're not going back to shoebox sized condo markets (press conference in July I believe). Albeit that was a response to a reporter's question in regards to scrapping foreign buyer's tax, but at least you know that they are aware of the situation.
Without a publicly run developer, the government can only deal with private developers to make housing happen. Any push to drive down prices direct from any level of government is still political suicide given the types of people that vote. Look at the last provincial election results - the right leaning electorate is alive and well and the right leaning voters tend to be all about short term gains and their own pockets. Until that shifts, don't expect outright statements from the province.