Affordability is Vancouver’s hot election issue

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The two main contenders to become Mayor of Vancouver are being challenged to table policies that will tackle the issue of home affordability in the city. With high-housing costs at odds with a median wage that is below the national average, being able to afford a home is the highest concern of the city’s voters. Options being considered by the potential mayors include re-zoning to allow smaller, more affordable housing to be built on existing single-family plots; and more condo and town houses along arterial roads. New high-rise condo developments have tackled supply issues but have so far not helped affordability. Read the full story.

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