A PEI Solution for Vancouver Housing Affordability?

Could Prince Edward Island be on the right track when it comes to ownership that “comes from away”? The Financial Post featured what non-Islander buyers face when they buy significant property in Prince Edward Island.

from The Canadian Encyclopedia

Canada’s tiniest province is an island unto itself when it comes to letting foreigners control the property market. Prince Edward Islanders refer to those people as “come from away” but it’s not just overseas investors that are restricted in how many acres they can buy or how much shoreline they can own, the rules apply to Canadians outside of P.E.I. too.

P.E.I. has long worried about the impact of absentee landowners. But unlike the rest of the country, which is so consumed with the issue of foreign ownership that even Canada’s top housing agency has gotten involved, P.E.I. identified those people and enacted laws to prevent them from taking over ages ago.

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Housing and Affordability in Vancouver

Everyone knows that Vancouver has a housing and affordability problem. The recent #DontHave1Million hashtag gained viral status in early May and highlights the angst that the region feels about housing prices. Housing on the west side of Vancouver is well into the $2-3 million territory. I’ve seen $1.2 million homes for sale in my working class East Vancouver hood. And just this weekend, I discovered a 1300+ square foot apartment in my neighbourhood on sale for over $500,000. Even the condos aren’t very cheap in town.

Well, most of us don’t have $1 million. (And I don’t think we need $1 million to live in Vancouver. You just accept that you won’t have a detached house). So where is the best bang for your housing buck in the Metro Vancouver? Here’s a different look at housing costs in conjunction with transportation costs.

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Vancouver Civic Elections – November 15, 2014

Here’s a break from my currently scheduled travel blogging. I just wanted to put my two cents out there regarding tomorrow’s civic elections for the City of Vancouver. The whole province is undergoing civic elections in each city, township, district, and village, but I’m going to talk about Vancouver since that’s where I live.

Civic elections are the most personal election because it affects my daily life in the city from parking to parks and from public spaces to property taxes. Most people unwisely skip out on civic elections because they don’t think they are as important as provincial or federal elections. Simply not true. Civic elections have the biggest effect on how your city/town feels.

When I watch these elections, my big issue is always transportation. Those who’ve read my non-travel posts know that I’m a total transit nut. So naturally, my vote goes to where I feel transportation policies are best. I’m only going to talk about the 3 main parties in the running for mayor and city council.

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Personal take on the Vision Vancouver platform

Vision Vancouver lead by Mayor Gregor Robertson is looking for a strong re-election along with their COPE compatriots.  Here’s my look at their platform. 1. Homelessness and Affordable Housing This is one of the keystones of Vision’s campaign.  Some things have been accomplished with help from the BC government in the past 3 years.  There’s a lot of debate whether Vision’s methods have been more … Continue reading Personal take on the Vision Vancouver platform

Where Have All the Children Gone? | BTAworks

Where Have All the Children Gone? | BTAworks. I think this is a great piece of research by BTAworks, Bing Thom Architect’s urban planning and research arm.  I read about this in the paper the other day, but newspapers never reference their work :S .  Not to worry.  Gordon Price posted a link on his Price Tags blog.  Thanks, Gordon. I’m a big fan of … Continue reading Where Have All the Children Gone? | BTAworks