The Arrogant Worms Posted March 21 Share Posted March 21 Nearly 900 affordable homes coming to Vancouver Island https://www.cheknews.ca/nearly-900-affordable-homes-coming-to-vancouver-island-1196117/ The Ministry of Housing says 867 homes are coming to Vancouver Island through a partnership with non-profit housing providers. The minster says eight new projects have been selected through a Community Housing Fund (CHF) which would provide 867 affordable homes to renters. “We’re doing the work to ensure that there are affordable new homes for a wide range of people, from seniors on fixed incomes to growing families,” wrote Housing Minister Ravi Kahlon in a press release. Under the program, residents in 70 per cent of the units pay rent geared to income, generally based on 30 per cent of household income. The remaining 30 per cent of units are rented at or below market rates. One of those projects is a 95-unit intergenerational housing site at Luther Court Society’s Campus of Care in Saanich. The society received funding through the CHF which will also come with community support space. “This program will support an important need in our community. We are grateful to the Province, through BC Housing, for recognizing the value of this program and selecting Luther Court to provide it,” said Susan Bansgrove, board chair of the Luther Court Society. Quote Link to comment Share on other sites More sharing options...
Master Mind Posted March 21 Share Posted March 21 1 hour ago, RomanPer said: There were several countries in the world that tried to implement "no rich among us" concept. None of the them succeeded. Yet, NDP in BC and all its supporters are trying really hard to create another situations where rich are not welcome... The idea of limiting the number of properties someone could own comes straight out of communist and dictatorship books. I'm not saying no rich among us. In a perfect world, limitations aren't needed. But too often new houses are built, and are immediately bought up to be rented out. It's not too different than stores putting limits on how much milk or eggs can be bought per customer. I don't think people should be able to toy with essentials in short supply. 2 Quote Link to comment Share on other sites More sharing options...
Taxi Posted April 12 Share Posted April 12 The feds introducing new mortgage rules. 30 year amortizations will be easier to get. Also "Unlimited amortizations", which I assume lets people renew a full 30/25 year amortization period when their initial mortgage is up. Quote Link to comment Share on other sites More sharing options...
The Arrogant Worms Posted April 12 Share Posted April 12 Metro Vancouver renters spending more than 60% of monthly income, report suggests https://bc.ctvnews.ca/metro-vancouver-renters-spending-more-than-60-of-monthly-income-report-suggests-1.6844728 Quote Link to comment Share on other sites More sharing options...
Bounce000 Posted April 13 Share Posted April 13 3 hours ago, The Arrogant Worms said: Metro Vancouver renters spending more than 60% of monthly income, report suggests https://bc.ctvnews.ca/metro-vancouver-renters-spending-more-than-60-of-monthly-income-report-suggests-1.6844728 And the other 40% on gas and groceries. Quote Link to comment Share on other sites More sharing options...
Barnstorm Posted April 13 Share Posted April 13 1 1 Quote Link to comment Share on other sites More sharing options...
The Arrogant Worms Posted April 13 Share Posted April 13 10 hours ago, Barnstorm said: Quote Link to comment Share on other sites More sharing options...
Bob Long Posted April 13 Share Posted April 13 On 11/2/2023 at 9:08 AM, 6of1_halfdozenofother said: But haven't you heard? Developers and construction industry and real estate dealers alike are such altruists that they'll flood the market with supply to the point where they create a flood of inventory that will handily cut into their profit margins allowing them to earn less on higher overall costs borne and higher risk of being left unable to move their product for a neat little profit, all for the greater good! Bless their bleeding hearts! [/s] The construction industry is in it for themselves, and developers will generally want to make top dollar on anything they seek to develop. Flooding the market with inventory to tank the prices runs against what would be in their interest, especially since labour and material costs have only gone up. Public housing is definitely what North America as a whole needs - but oh no no no, don't you dare get government involved in housing the unhoused and providing decent housing for those who can't afford market prices, lest the socialists take over the country! What industry exists to not make money? Do you work for free? Heck even the Tyee has ads. 1 Quote Link to comment Share on other sites More sharing options...
Bob Long Posted April 13 Share Posted April 13 10 hours ago, Barnstorm said: Ok now post PPs ideas. Quote Link to comment Share on other sites More sharing options...
112 Posted April 13 Share Posted April 13 10 hours ago, Barnstorm said: Trudeau was against MAiD. The Courts forced his government's hand. Quote Link to comment Share on other sites More sharing options...
Gurn Posted April 13 Share Posted April 13 2 minutes ago, 112 said: Trudeau was against MAiD. The Courts forced his government's hand. A lot of people don't bother to let the facts get in the way of their opinion. I have a friend that is currently saying things like "Trudeau should be in jail" yet he can't state a single thing that J.T. has done that is illegal. Another victim of the algorithms. 2 Quote Link to comment Share on other sites More sharing options...
Bob Long Posted April 13 Share Posted April 13 2 minutes ago, Gurn said: A lot of people don't bother to let the facts get in the way of their opinion. I have a friend that is currently saying things like "Trudeau should be in jail" yet he can't state a single thing that J.T. has done that is illegal. Another victim of the algorithms. once you get someone to flip the switch to hating people, you can say anything. Thats the real danger of PP, he's setting us up for US style division that just exists for its own sake and not good policy. 2 Quote Link to comment Share on other sites More sharing options...
Bob Long Posted April 13 Share Posted April 13 Smith literally tabling a NIMBY law. This week, Smith introduced what she called a "stay out of my backyard bill" in the Edmonton legislature. The legislation would require provincial oversight of future housing deals between the federal government and municipalities in the province (and in other areas as well). https://www.cbc.ca/news/politics/alberta-ottawa-housing-conflict-1.7172119 Quote Link to comment Share on other sites More sharing options...
Gurn Posted April 13 Share Posted April 13 9 minutes ago, Bob Long said: Smith literally tabling a NIMBY law. This week, Smith introduced what she called a "stay out of my backyard bill" in the Edmonton legislature. The legislation would require provincial oversight of future housing deals between the federal government and municipalities in the province (and in other areas as well). https://www.cbc.ca/news/politics/alberta-ottawa-housing-conflict-1.7172119 Alberta Premier must be a super easy job, screw up as much as you want; then just blame J.T. Quote Link to comment Share on other sites More sharing options...
Bob Long Posted April 13 Share Posted April 13 2 minutes ago, Gurn said: Alberta Premier must be a super easy job, screw up as much as you want; then just blame J.T. its generational there. 1 Quote Link to comment Share on other sites More sharing options...
6of1_halfdozenofother Posted April 13 Share Posted April 13 (edited) 1 hour ago, Bob Long said: What industry exists to not make money? Do you work for free? Heck even the Tyee has ads. Indeed, and thanks for proving my point from a half a year ago about why the industry shouldn't be in charge of solving the housing solution, even though your post is taking mine somewhat out of context. PS - did someone piss in your cornflakes this morning? Edited April 13 by 6of1_halfdozenofother Quote Link to comment Share on other sites More sharing options...
Bob Long Posted April 13 Share Posted April 13 Just now, 6of1_halfdozenofother said: Indeed, and thanks for proving my point from a half a year ago about why the industry shouldn't be in charge of solving the housing solution, even though your post is taking mine somewhat out of context. PS - did someone piss in your cornflakes this morning? no, no piss. I'm just tired of the "bad contractor" line. Guess what, we need developers and contractors to solve this problem. Quote Link to comment Share on other sites More sharing options...
JIAHN Posted April 13 Share Posted April 13 (edited) On 11/1/2023 at 2:00 PM, aGENT said: Air BNB, VRBO etc isn't the problem. I don't even have a problem with Joe and Jane Doe working hard to buy a seperate vacation home that they use part time and (short term) rent out part of the time. That's not what's causing problems and is barking up the wrong tree IMO. Private property owners should be allowed to use their 1 or 2 properties as they see fit. It isn't individual home owners responsibility to fix the housing crisis. Though they should have to register those properties and any short term rentals on them, while being taxed (non primary residence, declare rental income etc) appropriately. Investment companies that own tens (or more) properties however.... THAT is most definitely where the biggest problem lies. Yes, I agree! 150% I worked hard for my money, paid taxes that support other, that may or may not work as hard as I did. I don't complain about that. But what I do with my money and my house, which is a primary residence, is my business. I should not be the solution to fix the housing shortage. I plan on going south for 3 months every year, and had planned on supplementing my income so that I could do that, with my short term house rental..............now it seems I can not do that. As a pensioner, I have a fixed income, and the government has done squat for me, all the while, increasing my costs. (I shop at Walmart, and the dollar store) and giving low income people an increase in income has raised my expenses, all the while, making it harder on me. This is typical of the NDP..........so now I can't supplement my income, and I have to pay more for services......great retirement! It is not my job, nor my money that should be counted on to fix the problems..............in my opinion, this has helped the hotel industry, and real-estate industry, and has done nothing to lower rental units. Open up land, and don't let developers get ahold of it....this is the solution.......and while your at it, give pensioners a tax exemption, to help stem off inflation, because everyone else gets raises, and is mobile......and can move.......us? Not so much! Edited April 13 by JIAHN Quote Link to comment Share on other sites More sharing options...
6of1_halfdozenofother Posted April 13 Share Posted April 13 13 minutes ago, Bob Long said: no, no piss. I'm just tired of the "bad contractor" line. Guess what, we need developers and contractors to solve this problem. Sure, but not as the ones to come up with the solution, because self-interest will always be in the way of a solution that can be made affordable to those who need it most. This is why government intervention is necessary, but once government steps in, all of a sudden people cry "SOCIALIST!!" and then go into armadillo mode. I'm also relieved to see that the government (at many levels) agrees that they need to be part of the solution and are actually putting forth the means towards a solution. Quote Link to comment Share on other sites More sharing options...
Bob Long Posted April 13 Share Posted April 13 12 minutes ago, 6of1_halfdozenofother said: Sure, but not as the ones to come up with the solution, because self-interest will always be in the way of a solution that can be made affordable to those who need it most. This is why government intervention is necessary, but once government steps in, all of a sudden people cry "SOCIALIST!!" and then go into armadillo mode. I'm also relieved to see that the government (at many levels) agrees that they need to be part of the solution and are actually putting forth the means towards a solution. What do you mean by intervention? Quote Link to comment Share on other sites More sharing options...
JIAHN Posted April 13 Share Posted April 13 (edited) 29 minutes ago, Bob Long said: no, no piss. I'm just tired of the "bad contractor" line. Guess what, we need developers and contractors to solve this problem. Good Morning Bob To my way of thinking, why not have the government start a department that actually develops property? Stop the middle men from charging an arm and a leg for services. A company today charges out workers at $150 dollars an hour and says that it is over head to pay for offices and equipment......well, I can tell you that a guy with a bulldozer that has a small business, but only 1 bulldozer charges out less, and has the same expenses. The middle man and government regulation are the culprits. Over inflated land prices are the culprits. Lack of skilled trades are the culprits. ( Funny that most schools don't even have trade classes anymore!) No, no, just easier to put it on the tax payer, than to think of a proper working solution. Edited April 13 by JIAHN Quote Link to comment Share on other sites More sharing options...
6of1_halfdozenofother Posted April 13 Share Posted April 13 2 minutes ago, Bob Long said: What do you mean by intervention? From Cambridge Dictionary: https://dictionary.cambridge.org/dictionary/english/intervention Quote Link to comment Share on other sites More sharing options...
Bob Long Posted April 13 Share Posted April 13 6 minutes ago, JIAHN said: Good Morning Bob To my way of thinking, why not have the government start a department that actually develops property? Stop the middle men from charging an arm and a leg for services. A company today charges out workers at $150 dollars an hour and says that it is over head to pay for offices and equipment......well, I can tell you that a guy with a bulldozer that has a small business, but only 1 bulldozer charges out less, and has the same expenses. The middle man and government regulation are the culprits. Over inflated land prices are the culprits. Lack of skilled trades are the culprits. ( Funny that most schools don't even have trade classes anymore!) No, no, just easier to put it on the tax payer, than to think of a proper working solution. Government can be most effective regulating, and letting the market work it out. I can't imagine how the NDP could possibly manage building thousands of homes. Quote Link to comment Share on other sites More sharing options...
JIAHN Posted April 13 Share Posted April 13 6 minutes ago, Bob Long said: Government can be most effective regulating, and letting the market work it out. I can't imagine how the NDP could possibly manage building thousands of homes. So if i got this right.....you say Government should let private industry work it out, which has been the way it has always been and has created the problem, and that is your solution? Quote Link to comment Share on other sites More sharing options...
Maninthebox Posted April 13 Share Posted April 13 3 hours ago, Gurn said: A lot of people don't bother to let the facts get in the way of their opinion. I have a friend that is currently saying things like "Trudeau should be in jail" yet he can't state a single thing that J.T. has done that is illegal. Another victim of the algorithms. His socks should be illegal. 1 1 Quote Link to comment Share on other sites More sharing options...
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