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Originally Posted by GenWhy?
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So I saw the new electric police cars, and the proposal to have Kits Pool replaced and sponsorship to pay for it. (The Chip and Shannon Wilson aquatic centre?)
(The four strata towers on hold in the West End, and the delay to require Charging Stations in gas stations for a year, as the suppliers are sold out and BC Hydro are too busy have been noted in other threads).
The new Housing Policy is interesting - I would paraphrase it as 'all those rental units at or below HILs are a great idea. They'll cost $5.9bn in subsidies. Where's the cheque?' (It's a good thing those 'targets' are 'guidance').
The data on rental vs ownership approvals is amazing - City Policy really starting to pay off. (78% of nearly 8,000 approvals were rental in 2023). Assuming most of the approvals turn into starts, and completions in a timely fashion, the City should hit their provincial completion targets. Maybe. (There are 16,600 units under construction across the City, so a 5-year target of 28,900 is not impossible, but it'll need more of the tens of thousands of approved units actually becoming starts, and completions - and it doesn't look like West End condo towers that contribute to that).
The comment that there's no way that 22% of units could have 3 or more bedrooms is refreshingly direct.
The City's previous 10 year target of 72,000 units was, I thought, over ambitious, so pushing it up to 83,000 seems unwise. It seems to me to be a better to exceed 72,000 by a few thousand, (or just miss it), than fall short by many thousands. I wonder if the new number has a political, rather than a staff, source?
Did I miss anything?
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