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In The Vancouver Election, It’s All About Housing

In the Vancouver election, it’s all about housing

By FRANCES BULA for The Globe and Mail

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.

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