Some excellent points from the Urban Development Institute CEO. We have heard from developers that the new taxes will likely reduce their ability to bring more product to the market. What do you think?
Real estate industry casts doubt on B.C.'s housing affordability plan
'We don't see it having any positive impact on affordability,' says Urban Development Institute CEO
By Tanya Fletcher, Tanya Fletcher Posted: Feb 22, 2018 4:00 AM PT Last Updated: Feb 22, 2018 4:00 AM PT
When the provincial government pitched its sweeping housing measures in the B.C. budget this week, it was in the name of affordability.
But the plan has left some in the real estate industry questioning whether it will make housing affordable at all.
"We don't see…