B.C. premier says affordable housing crunch hurts province's growth

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 61%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

VICTORIA — More affordable housing is needed to keep British Columbia’s economy booming, says Premier John Horgan.B.C. boasts Canada’s strongest economy and lowest jobless rate, b…

VICTORIA — More affordable housing is needed to keep British Columbia’s economy booming, says Premier John Horgan.B.C. boasts Canada’s strongest economy and lowest jobless rate, but growth is threatened by a shortage of affordable housing for workers and their families, he said Tuesday.He said if a community can’t provide housing for workers then they can’t build much needed housing or sustain local economies.

“If you are going to recruit and retain the skilled workers you need, we as a province have an obligation to make sure we’ve laid the foundation for your growth and success,” said Horgan. “That means housing people can afford to live in, not just housing that can be part of the speculator’s dream of flipping property as if it’s just a commodity. It’s not.”Horgan said the city of Victoria recently put a modular housing project on hold because it can’t find the skilled workers to build it.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Maybe the province can force rezoning at all SkyTrain STN neighborhoods for rental only building s SurreyBC Vancouver Victoria cdnpoli Vanre vanpoli bcpoli

This guy won't be happy until the BC housing market has completely tanked and all gains have been erased.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

B.C. premier John Horgan says affordable housing crunch hurts province’s growthJohn Horgan says his government’s affordable housing plans involve building more rental units, increasing housing for post-secondary students and supporting home-building partnerships GlobeBC I think he is a little late to the game. When was the last time BC had affordable housing ? Been at least 25 years that I know of. GlobeBC Build more houses..... wait that means more natural gas to heat them... more oil and gas for the machinery to build them.... Good thing there is no pipeline expansion.... GlobeBC HOW ABOUT THE 'CASH FOR ACCESS!!''SHADY DEALS!!''NATIONAL SECURITY THREAT!!''COMMUNIST CHINESE STATUE!! 'UNETHICAL!!' TRUDEAU GOVT GOING AFTER THE 'CHINESE LAUNDERED CANADIAN BLOOD MONEY IN CANADA HOUSING CASINOS AND EVERYWHERE ELSE!!' THAT THE CHINESE MAY BE HIDING IN CANADA!!
Source: globeandmail - 🏆 5. / 92 Read more »

Singh promises action on affordable housing in B.C. after winning in Burnaby SouthBURNABY, B.C. — New Democrat Leader Jagmeet Singh says he will use his new position as a member of Parliament to pressure the Liberal government to take action on the affordable housing crisi… Congratulations Singh won Congratulations to Sardar Jagmeet Singh Ji Hopefully not just in Vancouver, it’s needed Provence wide
Source: VancouverSun - 🏆 49. / 61 Read more »

Near-record B.C. housing starts expected to fall, prompting debate over supplyRecently, economists at banks and research firms have joined geographers in comparing the ratio of condo units to number of people or households in Vancouver and Toronto. Im still not buting. Not till after the crash
Source: VancouverSun - 🏆 49. / 61 Read more »

Josef Filipowicz: B.C. budget was another missed opportunity to tackle housing shortageWhat drives B.C.’s housing woes? Four words — a shortage of homes. One must ask why would anyone prefer leaving a home empty rather than earning rental income. Couldn't possibly have anything to do with rent control and tribunal bias towards tenants? unintendedconsequences.
Source: VancouverSun - 🏆 49. / 61 Read more »

Housing Matters podcast: Digging deep into B.C.'s speculation and vacancy taxHousing Matters host Stuart McNish speaks with Beattie School of Business professor Andrey Pavlov and lawyer Wes Mussio about the NDP’s government new speculation and vacancy tax.
Source: VancouverSun - 🏆 49. / 61 Read more »

Affordable housing becomes singular focus of Toronto’s new real estate czarFormer Mattamy Homes executive Brian Johnston warns, however, that achieving Mayor John Tory’s targets won’t be easy Finally, after weeding out of all the dead weights and whiners something just may be starting to get focused on. Unfortunately, there may be only two years as the election cycle will start up again. ...
Source: globeandmail - 🏆 5. / 92 Read more »