Quote:
Originally Posted by whatnext
The province gave the city the right to create rental only zones. All of the peninsula west of Burrard should be given such zoning to ensure adequate future rentals and to take the development pressure off the West End.
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With literally one or two exceptions, all the only development sites that might be developed with housing west of Burrard are in the West End. Most of the likely future development sites for many years to come already have approved projects - there are only four projects that have been submitted, but not yet approved.
In the area near Thurlow and Burrard developers are already voluntarily switching from condo to rental. The market is already responding to the demand for rental, and limited sales of condos. The existing permits continue to apply, so any approved condo sites wouldn't be affected by a switch in policy.