October 19, 2012
This information was obtained from the Real Estate Board of Greater Vancouver, The Open House
Vancouver Identifies Solutions To Severe Housing Challenges
Vancouver continues to have the highest housing prices and one of the tightest rental markets in Canada. Mayor Gregor Robertson and Council have spent considerable time and effort looking for solutions.
Actions have included:
*The Talk Housing to Us campaign in 2011
*Establishing an 18-member Task Force on Housing Affordability co-chaired by the Mayor, and developer and former MLS Olga Ilich, which includes real estate and rental housing experts, home builders, elected officials and not-for-profit housing managers from across Metro Vancouver; and
*the re: THINK HOUSING ideas competition.
On September 26, 2012, the Task Force on Housing Affordability released its final report, including four recommendations.