Alas my worst low income housing fears are coming to fruition when you have Vancouver City and their city planners resolving their low income housing crisis by building WTH: “for profit affordable rental housing”.
And profits there will certainly be: a walk-in closet size studio’s will go for $1,385 a month. A little one bedroom is $1,638 a month, a ’70’s sized one bedroom is now a two bedroom for only $2,459 a month and a three-bedroom cookie cutter is only WTF: $3,109! Welcome to the Vancouver’s new low income family affordable unaffordable rental housing.
And of course CNV is mirroring Vancouver’s low rental hypocrisy with our current asinine new rental project base criteria 10/10/10: 10% of units at 10% under market value and for only 10 years! Full market rental rates which will exceed the aforementioned “for profit affordable rental housing” when our new “mortgage rate” rental developments come to market in 2019/20. #cnvSOL
But what is really worrying-some in our little enclave density compacted city is: there is virtually NO LAND LEFT to construct low affordable housing. And thus any Provincial and/or Federal grant financial assistance for “real affordable” low income housing can never be realized!
…Unless instead of building a new damn Mega Sportsplex we reserve portions of these newfound lands for future Federal/Provincial subsidized low income housing. Thus saving Norseman Park, lawn bowling greens, tennis courts, Silver Harbour Seniors Centre and renovating our existing Harry Jerome, i.e. sparing them from Darwin’s guillotine: a Mussatto double dipping campaign donor. #noMoreDensity
And for the record a Harry Jerome renovation is realistically possible, much like we have witnessed throughout our city as developer after developer has been demolishing blocks of “50 to 60 year old walk-up apartment buildings” – replacing them with larger more energy efficient rental housing. It is really that easy and cost effective.
But sadly we have a majority of city councillors who want to take away the “integrity” of our Harry Jerome “community recreational centre” and turn it into a farcical Sports Paradise by the only means available… “DEVASTATING” an entire neighbourhood for 8 YEARS! #lestWeForgetOctober20