Inflation, rising interest rates create caution across Metro Vancouver’s housing market VANCOUVER, BC –…
Vancouver city council heard from scores of residents, developers and interest-holders Wednesday ahead of a key decision on whether to approve a to transform northeast False Creek.
The 174-page plan for the waterfront neighbourhood calls for mixed-use developments that could house as many as 12,000 residents, including an estimated 3,250 in social-housing units, and employ as many as 8,000 people.
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Many who spoke during the hearing were broadly in support of the plan, though repeated speakers voiced concerns that it didn’t provide for enough rental or social housing and some expressed concern that it would only lead to more condos priced beyond local incomes.