Vancouver’s “purpose built rental housing,” meant to exclude individually owned units, have skyrocketed. But less cause to celebrate is the lack of evidence that this is leading to the hoped-for reduction in rental rates. Patrick Condon writes.
Patrick Condon is the James Taylor chair in Landscape and Livable Environments at the University of British Columbia’s School of Architecture and Landscape Architecture.
Published on Thursday, Feb. 2, 2022.
https://thetyee.ca/Analysis/2023/02/02/When-Will-Rents-Come-Down/