Vancouver municipal candidates offer unsatisfactory responses to Vancouver housing issues. The Vision Vancouver council & Mayor Greg-VELOPER has “become addicted to development charges that raise the cost of new development projects,” Mr. LaPointe said. “Imagine, driving up housing costs while they talk about affordable housing.” When it comes to specific solutions, he has in the past talked largely about solving affordability and homelessness problems by restarting what he calls a genuine conversation with voters. Pressed for a more definitive final message on those issues Tuesday, he told reporters to read the party’s platform and declined to elaborate. Mr. Robertson, meanwhile, has promised to keep doing mostly more of what he’s been doing the past three years, although with some refinements. Vision has been giving developers density bonuses in return for building apartments that are guaranteed as rentals but at market rates, as well as pouring city money from development fees into subsidized-housing projects. But Vision’s efforts of the past two terms have been vilified by many because of the low number of apartments created that rent for below-market rates and the tradeoffs it has made with developers. And COPE’s Ms. Wong has outlined a comprehensive housing strategy that calls for extremely aggressive action. Included in the 98-page proposal and her explanations of it: $80-million a year on spending for new subsidized housing; a registry that would keep tabs on vacant properties and charge owners an extra fee for their unoccupied premises; a new regime for city permits where landlords would only get permission to renovate their apartments if they promised to rent them back to the original tenants at the same price. Ms. Wong, pressed for answers at a Globe editorial board meeting on how these ambitious and complicated programs would work, acknowledged that some would be complicated, such as enforcement of the vacancy tax. She also pointed to many other cities, especially Hong Kong, as examples of how local governments can take strong action, and said that London has successfully imposed a vacancy tax. In fact, London doesn’t have its own vacancy tax, but the British government did authorize local councils in 2013 to levy a 50-per-cent tax surcharge on houses that have been empty more than two years, which several councils, in London and elsewhere, have done. Earlier this year, it also announced a tax surcharge on properties worth more than £500,000 (About $910,000 Canadian) that are owned by corporations. In Vancouver, housing costs, along with a fear that offshore investors are outbidding locals for real estate, have been a preoccupation in the city since the early 1990s. Homelessness became a concern in the early 2000s, after changes to housing and welfare policy under the then-new B.C. Liberal government produced a massive spike in the numbers of people sleeping outside or in shelters. theglobeandmail/news/british-columbia/candidates-offer-unsatisfactory-responses-to-vancouver-housing-issues/article21450763/
Posted on: Wed, 05 Nov 2014 14:57:29 +0000
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