Metro Vancouver’s homeless report: where to from here?

2017-metro-homeless-report-cover

With a growing number of homeless camps (now estimated at 70) dug into Metro Vancouver communities, conversation on the issue has veered into a world of personal attacks and draconian proposals. One sample “solution,” endemic in community news chat threads, would re-establish the vast 1905-era asylum on its hillside in Coquitlam and lock homeless people inside.

This is a waste of time, of course. There’s no cheap or easy route to rolling back the homelessness problem. In fact, a new report from the Metro Vancouver regional authority is daunting in describing the actions that would be required even to hold the status quo. Continue reading

The shift to apartment living

Joyce-Collingwood urban village, Vancouver

Joyce/Collingwood urban village, Vancouver

A couple of decades ago, half the private dwellings in Metro Vancouver were classified as detached homes. That share has dropped steadily, to one-third or less. A growing majority of private dwellings are apartments, townhomes or duplexes.

Post-2000 detached houses, Marpole, Vancouver

Post-2000 detached houses, Marpole, Vancouver

The trend is not news. Most of the available statistics, posted again in this month’s Metro Vancouver Housing Data Book,  date from 2011. Even so, the discourse around housing continues to highlight low-density, high-prestige home ownership, even when this housing type has moved beyond the reach of most working families. National media coverage of Vancouver-area real estate in 2015 and 2016 focused on the stunning rise in detached home prices, not on the more modest increases in townhome and apartment prices. Controversies around  residential development, from Marpole on Vancouver’s west side to Brookswood on the region’s eastern edge, are most often constructed around perceived injury to the interests of detached home owners. In a July 2016 legislative debate on measures designed to cool Metro Vancouver’s housing market, British Columbia’s finance minister noted that the absolute number of detached homes in the Metro region has dropped over the past 25 years despite the addition of more than a million people to the population. He called this data “fascinating”, as if he was coming across it for the first time. Continue reading

A conversation about short-term rentals

apartment-detail-reduced

A hypothetical example:

A young working couple struggles to pay the mortgage on a high-priced Vancouver-area home. They build a basement apartment, to code. They find a tenant and declare their rental income to Canada Revenue. The tenant causes trouble, and the B.C. Rental Tenancy Act makes the eviction slow and stressful.

Vacancy rates in Metro Vancouver, fall 2015. This map was not provided

Vacancy rates in Metro Vancouver, fall 2015 (CMHC) with irrelevant census code numbers. This map was  not shown in the fall 2016 report but the numbers were almost unchanged.

So they think: why not rent our apartment to tourists or business people online, through Airbnb? We’d probably make more money, and the agency will pay for any damages if there’s trouble. Continue reading

The brief debate on a new real estate tax

Burnaby Heights housing reduced

On July 25 British Columbia took a step into the unknown. The government introduced a bill to impose a 15 per cent additional tax on sales of residential property — but only within Metro Vancouver, and only “where the transferee or purchaser is a foreign national, as well as certain corporations or trusts that involve foreign nationals.”

B.C. Finance Minister Mike de Jong (CBC News)

B.C. Finance Minister Mike de Jong (CBC News)

In calling a rare summer meeting of the Legislature to approve this measure, the BC Liberal government was responding to rising public anxiety around the housing market. One-year price increases for detached homes were approaching 50 per cent in parts of Metro Vancouver. The Liberals had linked this price inflation to a shortage of housing supply; this site predicted in March 2016 that they would not take dramatic action to restrain demand. The opposition New Democrats called this special legislative session “the flip-flop session.” Continue reading