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B.C. mayors start targeting speculators to cool housing prices
on Friday, February 2nd, 2018 at 10:44am.
The province’s mayors and councillors brought a sharp new focus Thursday to finding effective ways to cool intense foreign and domestic speculation in housing. The Union of B.C. Municipalities announced 32 recommendations designed to fix the home ownership and rental crises that have devastated many residents of Metro Vancouver. “B.C.’s housing policies are no longer working,” said Port Coquitlam Mayor Greg Moore, chair of the Metro Vancouver regional district. He emphasized how the development industry’s push to solve housing unaffordability by building more units has failed to curb out-of-control house prices and rental costs.
Original news retrieved from
Vancouver housing (2)
Real Estate Vancouver (3)
BC housing prices (1)
Vancouver housing prices (1)
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