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Affordable housing in Victoria


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#3381 Victoria Watcher

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Posted 06 March 2024 - 09:20 PM

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#3382 Victoria Watcher

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Posted 14 March 2024 - 01:58 AM

Freeland touts 'affordable' development renting 330-square-foot units for $1,600

 

 

The deputy PM also quoted the novelist Margaret Laurence, saying that B.C. is like 'dying and going to heaven' for Prairie people

 

“This is an apartment building that has 227 apartments for low and middle income Canadians and it was built thanks to our Apartment Construction Loan Program,” said Freeland in a video shot at the site of Hudson House, a new 23-storey rental high-rise in Victoria, B.C.

 

https://nationalpost...ordable-housing



#3383 Victoria Watcher

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Posted Yesterday, 09:27 AM

On Monday, Deputy Prime Minister Chrystia Freeland flew to Victoria, B.C. for the opening of a new apartment tower funded by a $100-million federal affordable housing loan. Freeland lauded the apartment block as the future of Canadian housing and an example of the Trudeau government’s commitment to build “more homes, faster.”

 

Such initiatives, Freeland boasted, would help end the housing affordability crisis.

 

The truth, however, is far removed from Freeland’s hype. Someone may as well have said to her, “The people are unable to afford roofs over their heads, Madame Minister,” to which she could easily have replied, “Then let them move into government-subsidized housing.”

 

What Antione-Freeland didn’t mention (but should have) is that the Hudson House development, which benefited greatly from Ottawa’s Apartment Construction Loan Program, offers rents that are more expensive than average rents in the B.C. capital.

 

That hardly makes this the way forward to more affordable housing.

 

According to Canada Mortgage and Housing Corporation (CMHC), the average rent in Victoria is $1,516 a month for an apartment of just about 700 square feet. Meanwhile, at Hudson House, the cheapest rent is $1,680 a month – 11% above average.

 

And that is for something called a “micro-suite,” which is half the size of the average Victoria rental. At 330 square feet, reporters who attended Freeland’s announcement described the micro-suite as about the size of two parking stalls.

 

It has a tiny – tiny – bathroom, a kitchen that runs along the wall opposite the living room-dining room-bedroom, which contains an eating table by day that tucks out of the way for the fold-down bed to come out of a wall at night.

 

 

 

https://www.msn.com/...hv2?ocid=iehp6g


Edited by Victoria Watcher, Yesterday, 09:27 AM.

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#3384 Nparker

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Posted Yesterday, 10:00 AM

When did a politician ever let facts get in the way of a good spin?


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#3385 dasmo

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Posted Yesterday, 12:50 PM

330 sqft. This is the future of housing? I was paying $1200 for a 1800 sqft townhouse with a garage in North Park only 22 years ago….

It’s not like we lack space. They can decimate 235 hectares just outside Sooke for a solar farm. So surely they can spare a few sq feet for the homes of their serfs?
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