Managing the Market: The Affordable Housing Toolkit

This paper examines some of the local government powers available to address affordable housing issues in British Columbia. The first part of the paper briefly reviews some of the commonly used tools and then examines some potential tools, focussing on specifically Vancouver’s proposed new vacancy tax. The second part of the paper discusses housing agreements and density bonus zoning. The final part looks at how local governments can try to address the impact of short term vacation rentals on affordable housing.

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