Eby says governments must step up on housing, can't rely on private sector
Eby says governments must step up on housing, can't rely on private sector
bc.ctvnews.ca
Eby says governments must step up on housing, can't rely on private sector
Eby says there are proposals at the federal level to sell public land and buildings to help solve the crisis, but B.C. is doing the opposite by taking inventory of provincially and municipally owned land in order to build more homes.
He told the BC Non-profit Housing Association's annual conference his government is the right one to tackle the housing crisis as the province faces “huge challenges.”
What's hard to understand is why they keep on pushing "affordable housing" that no one can afford.
More non-market rentals and co-op housing is sorely needed. What exactly is stopping him from making this a reality in the province?
EDIT: Someone should send him Ricardo Tranjan's "The Tenant Class". Excellent read.
Yes, I don't understand why we don't start panic-building co-ops everywhere they fit.
It's not even about panic-building, just making it easier from a legislative point of view to get them done. Offer incentives and grants. The simplest more straightforward solution would be that there was a percentage of units in every new building destined for non-market, and slowly 'convert' units to non-market units in older buildings too.
EDIT: Aware that 'simplest more straightforward' has a very armchair-expert ring to it. I meant it in a 'this is a legitimate proposal they have the power to push and achieve' kind of way.
It's very simple, where's the money coming from?
The government would bankrupt itself very quickly if it paid for enough land and construction for even 5% of the population.
New home buyers don't want to pay anywhere near market rates to move into a co-op, and that's how much it would cost to buy the property and build them out right now. Developers/construction companies aren't the ones making buckets of money, it's the existing landowners that are raking the profits in.
Co-ops are a hedge against future cost increases, not a solution to current problems.