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Affordable housing in Victoria


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#801 VicHockeyFan

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Posted 07 October 2017 - 07:59 AM

Some might wonder why we have so many non-Canadians living and buying homes amongst us.  We have more than double the immigration rate of the US.



#802 sdwright.vic

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Posted 07 October 2017 - 11:40 AM

How does

..."double the immigration rate of the US" equal ...." so many non-Canadians living and buying homes amongst us."

Are you saying immigrants aren't Canadians? The two statements kind of contradict each other?
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#803 DavidL

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Posted 10 October 2017 - 10:34 AM

^ Where has this been done before in "other markets"?

 

Sorry I've been away.  Whistler is probably the best example of a concerted non market housing program with housing prices pegged to inflation for locals, program was developed in the late 90s and early 2000s.  Quite successful by all accounts, particularly as a bridge from renting into market housing.



#804 Sparky

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Posted 10 October 2017 - 10:58 AM

^ Thank you

#805 spanky123

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Posted 10 October 2017 - 11:23 AM

Sorry I've been away.  Whistler is probably the best example of a concerted non market housing program with housing prices pegged to inflation for locals, program was developed in the late 90s and early 2000s.  Quite successful by all accounts, particularly as a bridge from renting into market housing.

 

Lots of socialist European cities have a similar model. Whistler works better than most as the community is limited in size and employment numbers are fairly constant. In larger cities you wind up putting your child's name on the waiting list at birth in the hopes that they might have something come up by the time they have kids. 

 

This is definitely the path the Trudeau is on and that Helps hopes will get her elected in 2019 as the Victoria Liberal candidate. 


Edited by spanky123, 10 October 2017 - 11:25 AM.


#806 spanky123

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Posted 22 November 2017 - 07:09 AM

Makes sense to me, raise the price of rents for middle class Canadians in order to subsidize the rents of low income earners. Will also allow more low income earners to get into the rental market so that they can drive up competition for everyone!

 

https://www.theglobe...rticle37046894/

 

I seem to recall saying that "tax the rich" always sounds great until you realize that the Government considers you "rich".


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#807 VicHockeyFan

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Posted 22 November 2017 - 04:14 PM

 
Fees waived for affordable housing project in Sooke

Knox Vision Society is building a $11.3-million facility on Church Road

 

 

The Knox Vision Society is building a $11.3-million, 42-unit affordable housing facility on Church Road, which will consist of one, two and three-bedroom suites. 

 

 

http://www.vicnews.c...oject-in-sooke/

 

Average of $269,000 per unit.



#808 Nparker

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Posted 22 November 2017 - 04:22 PM

Average of $269,000 per unit.

More "luxury" condos!  :eek:


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