Construction. Not Taxation. | Recent Studies

Jackson Middleton • June 7, 2018

Increased supply and greater density are keys to tackling housing affordability issues in BC’s Lower Mainland. That position is increasingly being supported by researchers and policy experts.

An independent report released this week by the UBC Sauder Centre for Social Innovation & Impact looked at the factors affecting housing prices in Metro Vancouver. The report concluded that the effect of burdensome regulation and zoning constraints on the housing market is up to six times larger than any pricing impact caused by speculators.

Read the full report from UBC

The CD Howe Institute also released a report this week that described how excessive regulation is driving up the price of new homes in Canada, with Vancouver being the most over regulated city in Canada. According to the report, municipal regulation costs home buyers an average of $600,000 per unit.

Read the full report from the CD Howe Institute


This article was originally published as part of the CMBA-BC June 2018 Newsletter to their members, but as we agree that supply is the key as well as reducing DCC’s and Municipal development costs, we thought we’d share this post on our blog.

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