I would be way more aggressive with my presentation for upzoning. It's criminal how restrictive zoning in Vancouver is while literally everything past Vancouver city is low density housing. Coming here from Toronto was truly eye opening. At least in Toronto there are lots of cranes going up for towers which while not the best of solutions, provides supply. Also in a though and potentially recession economy like this, governments right now have such a good opportunity to promote economic development by allowing higher zoning to promote construction and hopefully even more mixed uses promoting corner stores and offices in neighbourhoods.
I work on 7th avenue right now and god its such a forgotten luxury. Office next to old 3 story rental apartment next to townhouse next to small workshop next to restaurant. The solution is right in front of us. F... these gatekeeping landlords and local interest groups.
The MacPhail Report points out that incentives for the city are basically backwards. Whenever the city rezones a site for greater height and density, it takes about 70-80% of the increase in land value. This means that the city has a direct financial incentive to maintain the restrictiveness of zoning - if it relaxed these restrictions, it would no longer get as much revenue from individual site rezonings. https://morehousing.ca/macphail-report
I would be way more aggressive with my presentation for upzoning. It's criminal how restrictive zoning in Vancouver is while literally everything past Vancouver city is low density housing. Coming here from Toronto was truly eye opening. At least in Toronto there are lots of cranes going up for towers which while not the best of solutions, provides supply. Also in a though and potentially recession economy like this, governments right now have such a good opportunity to promote economic development by allowing higher zoning to promote construction and hopefully even more mixed uses promoting corner stores and offices in neighbourhoods.
I work on 7th avenue right now and god its such a forgotten luxury. Office next to old 3 story rental apartment next to townhouse next to small workshop next to restaurant. The solution is right in front of us. F... these gatekeeping landlords and local interest groups.
The MacPhail Report points out that incentives for the city are basically backwards. Whenever the city rezones a site for greater height and density, it takes about 70-80% of the increase in land value. This means that the city has a direct financial incentive to maintain the restrictiveness of zoning - if it relaxed these restrictions, it would no longer get as much revenue from individual site rezonings. https://morehousing.ca/macphail-report
This is so sad man.
I was very surprised to read that Montreal, unlike Toronto and Vancouver, doesn't have impact fees on new housing. https://morehousing.ca/montreal