David Ley is one of the handful of go-to academics for telling half the story about affordability in order to maintain the status quo.
There's just enough truth baked into the half storey that it feels convincing to those who think we'd be better off building nothing.
Great piece by UBC prof. emeritus David Ley:
"What is puzzling to residents is that on significant housing issues... (all) @CityofVancouver councillors have accepted, without evidence, the argument that more housing supply means more home affordability"
Ley is the author of Millionaire Migrants, Housing Booms in Gateway Cities and an officer of the Order of Canada.
#vanpoli #vanre #bcpoli
https://t.co/EDJn8GW6kf
@BrianPalmquist@vote4team None of that is true.
Please do suggest some idea of what your version of "community based" planning would offer beyond shifting impacts to less wealthy communities.
@BrianPalmquist@vote4team Then we need to lobby CMHC to provide low interest financing (MLI select) for Alt Ownership Projects
AND
The city can provide ‘pre approved’ DPs, with predictable fees and limited off site upgrade costs.
AND
allow euro spec elevators
@BrianPalmquist@vote4team Allow small apartment buildings in all R1, RT, RM zones for affordable alt-ownership (ie co-op etc)
1.6FSR (as currently allowed only in R3) 4 to 6 storeys as in the rendering.
On city owned land you can also do it but it needs to be much higher density.
"Alt-Ownership"?
Our zoning often provides a density bonus for Rental, but we could offer the same for co-ops, co-housing, affordability covenants, shared equity, long term lease, land trust etc.
imho this is the right political moment to upzone broadly for alt-ownership.
What comes after the Villages Plan?
There's a lot we can/should do city-wide in our R1 zones.
Allow:
* strata lane houses
* more plex units per lot (on big lots)
* corner stores
* smaller lots
* Accessory Commercial Units (ACUs)
* 'Alt-Ownership' Small Apt Buildings
@DouglasTodd@SteveSaretsky Yes “seeds of the next housing crisis” is right. We’re in a transient moment where the immigration and speculative bubbles have deflated - and construction will be slow for a few years - but the housing need is still there, despite a residual inventory of larger condos.
With Small Planet going out of business we’re trying some alternatives to @Zehnder_Passive ventilation systems including this green ducting and Brink HRVs from @475Canada
@DouglasTodd RT-8 (Kits) doesn’t allow LWH.
…but look at the price of houses in Kits.
RT-5: LWH recently and Burnaby very recently.
Land value increase in Burnaby parallels vancouver but there was zero upzone til 2023.
Dig into it. You’ll see that upzoning isn’t what drives values.
@pattibacchus Yes - I think the various polls that are part of this post show the value of preferential voting. Hopefully we can have that in the future.
@VanPoliMorphus@DouglasTodd The small condo units actually sold pretty well, the current inventory seems to be biased toward larger units… many of which were forced by city policy.
I think ground-oriented family-size is better, hence the value of recent zoning changes to allow larger lane buildings.
@VanPoliMorphus@DouglasTodd I’d happily work w Scot any day, but as much as I like this form of urbanism generally (if done w SES) I don’t think that TEAM or JC or anyone should tell First Nations what to do w their land.
If JC wants to apply this same massing to existing point grey then I’m behind it.
@VanPoliMorphus@DouglasTodd I agree that the immediate sense of urgency is different from 5 years ago and it will be slow til ~2030, which changes the local politics for this council term.
@VanPoliMorphus@DouglasTodd It’s always been both.
We have a temporary glut of larger condo units at the same time the feds are playing games with immigration.
The housing need is still there but units built at peak land/construction value are too expensive if people think values might decline.