Housing Crisis in British Columbia

This post concerns the advanced efforts underway in British Columbia, Canada, in the City of Vancouver, a city with an affordable housing crisis more critical than that of San Francisco. A report will be made of the status of a 2018 city tax on empty homes, the EHT. Upon reading a February 2019 report that only 117 homes out of a total 17,900 rental units in the city converted to rental from vacant (on account of the law, thereby giving the journalist a reason to declare the law a bust), I was reminded that the home run king Babe Ruth led the American League in strikeouts five times. Also, a question is raised by a city councilor why not exempt some empty homes because they are legitimate second homes, where a spouse may stay to work on a novel every so often; which begs the question, is the government obligated to create income streams to people wealthy enough to own second homes?

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *

DON’T MISS OUT ON A SINGLE POST!

Subscribe now and receive email updates whenever a new entry is posted.