42nd British Columbia Provincial Election and term | October 2020 - 2024
#1181
Posted 19 July 2022 - 07:44 AM
The guy has a track record of passing legislation that doesn’t hold up. A bit unnerving…
#1182
Posted 19 July 2022 - 07:54 AM
I’d also like to know why his government does not consider the Gulf Islands as areas of speculation for the purposes of the speculation tax, despite them harbouring a significant portion of domiciles that are secondary residences.
And where are we headed with rent controls? Nobody knows what the plan is.
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#1183
Posted 19 July 2022 - 08:02 AM
I’d also like to know why his government does not consider the Gulf Islands as areas of speculation for the purposes of the speculation tax, despite them harbouring a significant portion of domiciles that are secondary residences.
It would be interesting to know what the breakdown is between retirees and second-home owners in the Gulf Islands.
There certainly isn't enough storefront and home-based businesses to account for all the single family homes on the Islands, which does support that they're mostly second homes, and what aren't second homes are likely retirees (or wealthy retirees - with second homes).
#1184
Posted 19 July 2022 - 08:07 AM
In Greater Victoria it’s less than 5%.
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#1185
Posted 19 July 2022 - 08:21 AM
...I’d also like to know why his government does not consider the Gulf Islands as areas of speculation for the purposes of the speculation tax...
Has it not been strongly suggested that more than one MLA has a secondary residence on the Gulf Islands?
- Matt R. likes this
#1186
Posted 19 July 2022 - 08:38 AM
It’s 50% non-permanent dwellings on average outside of Salt Spring, and 20% on Salt Spring.
In Greater Victoria it’s less than 5%.
Mike, I am struggling with your math again.
It looks like you are saying that 50% of homes not located on Salt Spring are Non Permanent. Are you referring to the remainder of the Gulf Islands?
#1187
Posted 19 July 2022 - 08:40 AM
Edited by Victoria Watcher, 19 July 2022 - 08:41 AM.
#1188
Posted 19 July 2022 - 08:48 AM
#1189
Posted 19 July 2022 - 08:49 AM
Edited by Victoria Watcher, 19 July 2022 - 08:50 AM.
#1190
Posted 19 July 2022 - 08:57 AM
Vacation cottages that busy city folk retreat to on weekends and summer vacations are not in the same league as a vacant house or condo in a city that is being held for inflationary gains.
- Matt R. likes this
#1191
Posted 19 July 2022 - 09:02 AM
I have always thought of SS as a mix of Recreational Properties that are used mainly in the summer and on weekends as well as permanent residents that grew up there or moved there because of the lifestyle.
Vacation cottages that busy city folk retreat to on weekends and summer vacations are not in the same league as a vacant house or condo in a city that is being held for inflationary gains.
SSI has as serious a housing crisis as Victoria, from what I’ve heard. Maybe Matt can chime in, but my friends on the island say the homeless population exploded in the last 5 years and housing is very hard to find.
It’s also in the CRD, and served with direct connections to Cowichan, Sidney/Victoria, and Metro Vancouver. Not exactly off the grid in the same way it might’ve been in the 1960s.
- Matt R. likes this
#1192
Posted 19 July 2022 - 09:03 AM
So because SS is 20% non permanent, that should put it in the speculation category?
When 5% non-permanent homes in Victoria trigger the tax then yes. If the high percentage of non-permanent residences are impacting the long term rental vacancy rate on SSI - which is the alleged reason behind the speculation tax in the first place - then they need to be treated the same way as in the rest of the CRD.
I object to the speculation tax on principal, but if it has to exist, then it needs to be applied fairly across the province.
- Matt R. and max.bravo like this
#1193
Posted 19 July 2022 - 11:34 AM
CityNews Vancouver:
David Eby seeking BC NDP leadership, premier seat
Attorney General David Eby is set to formally announce Tuesday night that he will run to replace John Horgan as NDP leader and B.C.'s premier later this year. Several other prominent MLAs have already announced they will not enter the race.
Last month, Horgan announced he will step down for health and family reasons. The BC New Democrats will elect their new leader on Dec. 3, 2022.
Edited by Victoria Watcher, 19 July 2022 - 11:34 AM.
#1194
Posted 19 July 2022 - 11:36 AM
It would be interesting to know what the breakdown is between retirees and second-home owners in the Gulf Islands.
There certainly isn't enough storefront and home-based businesses to account for all the single family homes on the Islands, which does support that they're mostly second homes, and what aren't second homes are likely retirees (or wealthy retirees - with second homes).
The salt spring island population supposedly triples in the summer months. What does that tell you about how many homes sit empty sept to may?
#1195
Posted 19 July 2022 - 11:39 AM
I have always thought of SS as a mix of Recreational Properties that are used mainly in the summer and on weekends as well as permanent residents that grew up there or moved there because of the lifestyle.
Vacation cottages that busy city folk retreat to on weekends and summer vacations are not in the same league as a vacant house or condo in a city that is being held for inflationary gains.
There are also many, many folks who commute off island for work and come home on weekends. Maybe they rent a room on Vancouver island, maybe they stay with friends, maybe they have two properties.. leave Monday morning for your office job, come back to your acreage Thursday evening.
#1196
Posted 19 July 2022 - 11:40 AM
SSI has as serious a housing crisis as Victoria, from what I’ve heard. Maybe Matt can chime in, but my friends on the island say the homeless population exploded in the last 5 years and housing is very hard to find.
It’s also in the CRD, and served with direct connections to Cowichan, Sidney/Victoria, and Metro Vancouver. Not exactly off the grid in the same way it might’ve been in the 1960s.
It’s much worse here than in Victoria.
#1197
Posted 19 July 2022 - 12:26 PM
Did people ferry over there and discover there weren’t enough houses for them to live in?
- Matt R. likes this
#1198
Posted 19 July 2022 - 12:30 PM
I have always thought of SS as a mix of Recreational Properties that are used mainly in the summer and on weekends as well as permanent residents that grew up there or moved there because of the lifestyle.
Vacation cottages that busy city folk retreat to on weekends and summer vacations are not in the same league as a vacant house or condo in a city that is being held for inflationary gains.
I have never encountered someone who purchased a residence in Greater Victoria, and allowed it to sit empty. I'm sure it happens, but most people use them for vacations, visits, business trips, and future retirement homes.
Victoria also has one of the nation's lowest rates of non-permanent residences, despite what you'll hear anecdotally.
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#1199
Posted 19 July 2022 - 12:33 PM
- Teardrop likes this
#1200
Posted 19 July 2022 - 12:38 PM
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