This Week in Housing News: From Vienna to Vancouver

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BCNPHA Reveals BC renters facing ‘affordability crunch’

A new tool developed by the BC Non-Profit Housing Association shows the extent of the affordability issue in BC.  Data for the Rental Housing Index was collected through extensive surveys across the province.  The index is the first of its kind in Canada, and will be updated every year.  The data show that nearly a quarter of BC renters are spending mro than half their income on housing, which is considered “crisis level” spending.  (BCNPHA, CBC, The Tyee)

 

Housing affordability stays top of mind for Metro Vancouver mayors

Yet another survey has revealed that Vancouver’s affordability crisis is deep and far-reaching.  The survey, conducted by the Urban Development Institute and Insights West, showed that only 40% of Vancouverites have the annual income needed to qualify for a mortgage for a concrete condominium.  The article includes comments from Metro Vancouver’s newly elected Mayors on the topic of affordable housing.  (The Vancouver Sun)

 

Social housing policy helps Vienna

In an editorial, a reader draws on her experience in Vienna to provide a suggestion for the provision of social housing in Vancouver.  Are mid-rise social housing units a potential answer for Vancouver’s housing issues?  (The Vancouver Sun)