Monday, Sept 18, 2017
The BC government needs to get into the
business of building homes —and here's why
Britco-Agassiz website photo.
omelessness is a national disgrace. In one the world's richest countries nothing is being done to help these people. Society has an obligation, a moral obligation, to provide food, medicine and housing.
Fraser Valley mayors seem discombobulated on the issue and not on the same page. The time for talk and study is over. Vancouver's mayor and council are forcing people to other districts with "demovictions" and "renovictions". They're passing the baton to each other. Nobody knows what they're doing. In the end, the baton gets thrown into Chilliwack's lap.
Then one day the mayor, councillors and residents turn around to discover they've got a "city" within a city because they never did anything about it.
It's a great time to be a residential building owner with tens of thousands of people living on government disability paying off their bank mortgages putting building owners in a welfare system of their own paid for by the government via people on welfare.
Why wouldn't the government want rent money going back to the community in the form of homes and amenities instead of into private hands?
Positive fallout from investing into the community housing means the local rental market bubble pops and building owners are forced to roll back rents.