Tag Archives: affordability

Poster in Dunbar – “LOST… my faith in City Hall. The Mayor has handed over our communities to private developers.”

“LOST… my faith in City Hall.
The Mayor has handed over our communities to private developers.
Tell City Hall that you oppose 6+ storey high-rises on Dunbar.
3-4 storey apartments on every arterial street.”

– poster seen on Dunbar streets, Nov 2012

“The average home costs 9.5 times Vancouver’s median household income of $63,100, yet there is not a single paragraph in the plan about stimulating economic growth to raise incomes.”

‘Regional growth plan ignores economy, lacks coherence’, Vancouver Sun, May 14 2011, is critical of Metro Vancouver’s “ephemeral” ‘Regional Growth Strategy’. Excerpt from the critique:
“Arguably one of the most serious challenges facing the region is affordable housing, yet there is little in the 80-page document that directly addresses it beyond a reference to the 2007 Affordable Housing Strategy, which had a 10-year timeline. Worse, although the regional government cannot compel municipalities to build residential projects, it can stop them from doing so if they don’t comply with the plan’s restrictive land-use policies.
Affordability is measured as a multiple of the median household income and Vancouver ranks third among the world’s least affordable cities. The average home costs 9.5 times Vancouver’s median household income of $63,100, yet there is not a single paragraph in the plan about stimulating economic growth to raise incomes.”

Use your imagination. There is an alternate solution to the problem. – vreaa