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Originally Posted by Vin
Hi Lee,
Glad to know someone from SSP is running. Love your take on Housing & transportation, and the advocation on more high-density rezoning throughout the city. However, how would you tackle the rampant disorderliness, homelessness and addiction issues of this city, particularly at the Downtown Eastside? Do you also have a platform to start attracting businesses including manufacturing back into this city?
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These are all good questions. I've done a bit of research into the issue of homelessness in the past. It's the result of many things coming together from the high cost of housing, lack of services and laws for dealing with people who have addictions and mental health issues to drug prohibition.
The biggest thing we can do to address the issue is to provide enough Supportive Housing i.e. housing the homeless and providing enough social workers to support them. Studies have shown that this may be a net savings when factoring in reduced housing and police expenses. We are building some but not nearly enough. I remember doing a back-of-the-envelope calculation a while ago and I believe if we raised a 0.5% sales tax for 5 years, we would have enough funds to pay for the housing and a fund to support them long-term. The city without additional taxing power doesn't have the resources to do this, which means the province needs to fund it (usually delayed and not nearly enough). In the end, it all comes down to political will and courage which has been lacking.
For attracting businesses and manufacturing back into the city, I admit I need to do more research on this. One of the problems in Vancouver is it leans on commercial property taxes far higher than residential taxes, which does discourage business to an extent. (It might be tricky redressing this imbalance though) Also, we have a shortage of industrial land in the region.
On the other hand, I don't believe it is all doom and gloom. We have a very low office vacancy rate, even with the pandemic, a sign that companies are choosing to locate here. I think having zoning that permits more low-scale commercial and industrial could also help, though I admit I haven't analyzed this in-depth.
Philosophically, I think the best way to grow an economy is to provide an environment with low amounts of red tape with predictable and supportive institutions and infrastructure instead of intervening and trying to favour one industry over another. I see the future of Vancouver's economy being based on
Trade, Technology and Tourism and I think there are missed opportunities in all of them.