Victoria BC Responds to Housing Crisis

October 6, 2008

With one of the lowest vacancy rates in the country, Victoria BC is considering a ban on the demolition of rental units with more than 3 units, unless they are deemed unsafe for human habitation. The proposed "housing emergency by-law" would require developers build subsidised or affordable suites when redeveloping a site. The legislation follows a housing boom that has resulted in higher end condos being built while affordable units have been lost. Read more here.