2,600 new homes to be sold at 60% market value in Vancouver
2,600 new homes to be sold at 60% market value in Vancouver
cross-posted from: /c/britishcolumbia
"For too long, the idea of home ownership has been out of reach for way too many people — people who earn a decent income, who are priced out of the market and do not see any path to home ownership," said Premier David Eby, speaking at the project unveiling on Thursday.
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It's innovative. It's a great idea. A fantastic way to invest public money in housing. But it has to be done in conjuction with other measures that stimulates housing development.
in conjuction with other measures
From free standardized designs to building code changes to allow single stairways (Why North America Can't Build Nice Apartments) to fixing outdated zoning rules that pisses off the NIMBYs plus hundreds of other initiatives, Ravi Kahlon has been an amazing housing minister.