by VRBA | Aug 2, 2022 | Blog, Housing data, news
Housing Minister David Eby recently announced a proposal for government to build housing for the middle class. He said, “Building public housing on public land for middle-class families was never something government needed to do when I was growing up — generally,... read more
by VRBA | Jul 29, 2022 | Blog, Building Code, Housing data, news
A recent report by a National Building Code Committee task force confirms what VRBA and the Canadian Association of Radon Scientists and Technicians have been saying for years. Their report says: A trend of increasing indoor radon in housing… There is no safe... read more
by VRBA | Jul 26, 2022 | Blog, Housing data, news
The BC government is expanding the Speculation Tax into North Cowichan, Duncan, Ladysmith, Lake Cowichan, Lions Bay and Squamish. The province already generates $3 billion a year by charging an average $16,000 in Property Transfer Tax for a land title transfer costing... read more
by VRBA | Jul 22, 2022 | Blog, Building Code, Housing data, news
BC seniors on a pension with a family cottage in Lake Cowichan or other regions will have to come up with an extra $5,000 annually to pay the BC govt’s Speculation Tax (based on the avg home price in BC). The BC government is expanding the Speculation Tax into... read more
by VRBA | Jul 18, 2022 | Blog, Education & Training, Housing data, news
Housing Minister David Eby is trying to convince municipal councils to rezone for housing density and improve permit efficiency in the interests of affordability. Some municipalities have pushed back, including a recent Union of BC Municipalities report claiming new... read more
by VRBA | Jul 18, 2022 | Blog, Housing data, news
New housing is down 9% in Greater Victoria vs last year. CMHC reports there were 1,713 new homes from January to June in 2022 vs 1,883 units in 2021. June 2022 posted 233 starts vs 358 in June 2021, a 35% decrease. From May 2022 to June 2022, there was a 29% decline... read more