Quote:
Originally Posted by jlousa
Housing crisis done with one site? lol Heck Vision keeps bragging about all the rental homes that have come online lately, those have done wonders for the housing crisis... You can not build your way out of our problem, demand is the issue.
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Demand is not an issue if its managed properly.
Create a non speculative, inflation linked form of housing stock for locals.
Zone large portions of the City to allow construction of this "B" housing stock only.
Build thousands more rental units on sites like Langara.
Speed up permitting process.
Let the foreign money buy all the luxury condos they want, use the CAC's and taxes from their purchases to fund the "B" housing stock for locals.
Ensure the resale of these condos is linked to official CPI numbers +2%, like rent controls.
There are solutions, and then there is all the lip service from the City/Province.
I don't find the crisis offensive, I find the posturing and ineffective solutions offensive.
If we all agree its a crisis, then by definition it requires ambitious solutions, while limiting the collateral damage.