Affordability is Vancouver’s hot election issue
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.