Repealing B.C. housing legislation would be a mistake, says UBC expert
VICTORIA — A glut of empty condos in British Columbia should not be seen as evidence that the market is working, said a housing expert who warned against winding back policies of the outgoing NDP government designed to tame prices and rent.
Alexandra Flynn, who teaches housing policy at the University of B.C., said the province still needs a lot of homes for low-to very-low-income residents, despite the thousands of empty units.
“We do have a number of empty condos, but market housing for above-average income earners is not the housing we need,” she said. Left alone, the market cannot supply affordable and deeply affordable housing, she added.
“If you asked any developer, they would tell you, absent some kind of government intervention and granting and funding, they are not going to be able to do it.”


