Taming the housing market: Real estate industry at odds with B.C. government

Credit to Author: Joanne Lee-Young| Date: Tue, 01 Mar 2022 00:53:15 +0000

B.C. Real Estate Association is pushing back against province’s plan to allow homebuyers to back out of a sale within a “cooling period” of seven days.

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Douglas Todd: Developers build housing to maximize profits, not to help affordability

Credit to Author: Douglas Todd| Date: Thu, 24 Feb 2022 00:10:06 +0000

Analysis: Properties that could be developed for housing are often withheld from the market in anticipation of greater future gains, says professor. That’s regardless of softened zoning.

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B.C. prepares to remove some housing approval powers from local governments: minister

Credit to Author: The Canadian Press| Date: Mon, 21 Feb 2022 17:00:43 +0000

Housing minister David Eby says “municipalities are not approving enough housing for our population growth” as too many development proposals become stalled at the permit approval stage

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