Housing shifts from NIMBY to nimble

The acronym NIMBY is brandished regularly against opponents of new housing. Indeed, some homeowners are often the loudest voices against proposals to build new homes – not in my backyard! – and too many city councillors seem beholden to such constituents.last week in the Journal of Urban Economics cites “direct evidence that NIMBYism is a significant impeding force in housing supply.

It’s not the end of detached homes but it is the end of neighbourhoods reserved for detached homes. B.C.’s move follows a more modest version in Ontario last year and city-by-city changesThe shift is big but change isn’t instant. In B.C.

B.C.’s changes move in the right direction but the province has much further to travel. Vancouver exemplifies this. The NDP in September institutedfor 10 cities but its number for Vancouver – 28,900 homes over the next five years – is not much higher than the past five years. ABC Vancouver, the party that controls city council, has moved too slowly on housing.

In all housing plans, the details matter. Victoria in January approved loosened zoning but specific rules still stymied new housing. City counciland adjusted the rules in September. In Vancouver, ABC’s neighbourhood density rules are too rigid. The NDP are working on their density details – such as height of multiplex homes – and they need to be calibrated to ensure homes get built.

Last, look down. Underground. New sewers are necessary. Metro Vancouver in late October hiked development charges on new homes to cover such projects but too many costs have beenHousing problems in Canada worsened over decades. It will take time to unwind but key building blocks are fitting into place. The not-in-my-backyard opposition is finally being overcome.

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