I've been getting asked from friends a lot about, and combing through election platforms on housing and I've noticed one glaring honest mistake or a purposeful attempt to misguide on COPE's website. Hoping to get some data folks to have a look.
COPE claims "Vancouver" lost 47,000 affordable homes between 2016-2021. I assume they intend to mean Vancouver proper as the image below this quote refers to Vancouver proper's 10-year (2024-2033) housing targets.
https://www.votecope.ca/platform
This number seemed outright wrong so I used the hyperlink and my interpretation is the following:
- There was a gross loss of 47,000 homes in Metro Vancouver with rents under $1,000 between 2011-2021
- There was a net loss of 35,250 homes in Metro Vancouver with rents under $1,000 between 2011-2021
"Loss" here does not mean demolished, but could be lost due to annual rent increases or folks moving out and new tenants being charged a higher rent.
I assume most of these losses are from Burnaby? I don't have the numbers or time to look up net loss of homes rented at or under $1,000 for Vancouver proper. Would be neat to know regardless.
I assume Vancouver's target from 2024-2033 for what could be homes with rents under $1,000 is a net 9,400 (supportive and below HILs rates), according to their Report.