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B.C. housing plan could see 293,000 new units over next decade, says report
(www.nationalobserver.com)
this post was submitted on 08 Dec 2023
61 points (100.0% liked)
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I think it's probably better to harness immigration instead of limiting it. I'm not sure what the status is now but certainly in the past there have been special immigration categories for investor immigrants.
What if we re oriented those programs towards home building instead of economic stimulation. Like you can immigrate if you build an X unit co-op.
I agree we need to modify tax policies to make real estate more of a purchase and less of an investment
If that can be done in a way that immediately alleviates the affordability/housing crisis, then I'm 100% in favour of it.
Getting municipal approvals to build an X unit co-op and constructing it will probably take a minimum of two or three years. That doesn't help now.