Peter Cox wants to vote for people in the Vancouver civic election who will tackle housing for people like him: a renter.
The 41-year-old, who runs his own recycling business, is renting a one-bedroom condo in Fairview for a reasonable $1,400 but worries about how precarious it is for renters in the city, with most of their options squeezed into the small spaces allowed for apartments in the city.
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Like many voters in this election, Mr. Cox is paying the most attention during this campaign to how candidates are proposing to tackle Vancouver’s sky-high prices for both renters and owners. Poll after poll shows housing is the top issue.
Real estate prices have flattened, but it’s still nearly impossible to find a house for less than $1-million even in the cheapest part of town and the rental-vacancy rate remains near zero while rents continue to go up.