Vancouver Proposes Rent Increases for Moderate Income Rental …

Vancouver city staff are proposing an increase in the rates for moderate income rental housing to address the city's affordable housing shortage. The proposal has been met with criticism from former city councillor Jean Swanson, who believes it is an attempt for developers to make more money. City councillors are debating alternative solutions to support developers without increasing rent, such as increasing density or waiving fees, as well as the need for increased funding from senior levels of government.

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