We don’t need to further subsidize wealthy homeowners in Metro Vancouver

Metro Vancouver is proposing changes to its fee structure, which will widen the gap between housing haves and have-nots. This includes an increase to cost charges on new developments, and a shift to a more “growth pays for growth” approach, where most of the fees go towards new developments rather than existing households. This is despite the fact that many of the costs allocated for “growth” are actually for existing homeowners and the ageing infrastructure. The cost of these existing households and their lifestyles has been unfairly punted onto new residents and new developments.