Metro Vancouver’s municipalities need to reduce costs and processing times for building homes while increasing the variety of “missing middle” housing that’s so clearly lacking in today’s housing market.
That was the message from Real Estate Board of Greater Vancouver President Phil Moore at the Greater Vancouver Board of Trade’s housing forum on May 25.
“We need to make our region more streamlined and responsive to the housing needs of its residents,” Moore said. “There’s no quick fix. We can’t tax our way to affordability, nor only build our way there.”
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Moore’s presentation was part of over four hours of discussion from key real estate stakeholders on the affordability challenges we face in our region today.
Other experts included Urban Development Institute (UDI) CEO and President Anne McMullin and BC Housing Minister Selina Robinson.