“We think the [moderate-income-rental program] is the way to go,” Mr. Johnston said. “Now it’s whether the public and council are ready to support the density. If we can’t get any of these through, obviously we can’t expand the program.”
As well, under the new experimental program, the rents on the affordable units are locked in permanently. They can’t be increased by more than the rate of inflation when tenants turn over, which is not the case with any other type of apartment in the province. Among those leading the protest are people such as artists Judy Osborn and Chris Dikeakos, neighbours and long-time residents of Kits from the days when it was still considered a kind of hippie haven in the city. The area, close to Kitsilano Beach, is filled with a mix of historic houses, small apartment buildings and the very occasional tower that was built before the city councils of the 1970s killed off high-rise development in the area.
GlobeBC 'Only the government can fix this issue.' - The government
GlobeBC Basic Economics by ThomasSowell read it and wake up. The more the government meddles the worse it gets. New York and San Francisco have suffered for decades due to government ineptitude.
GlobeBC Let’s make tenant insurance must in Canada.JustinTrudeau
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