$644,000 in additional costs PER HOME?
How the city of Vancouver has been masking taxes on residents for decades
For years news headlines and conversational topics have largely revolved around the increased cost of living in this beautiful city. As discussed in previous papers of mine the land constraints have forced new housing starts sky high in terms of design and dollars. The impact of this has caused distress and tiresome discussions about the continual problem. However, a report has been published in recent months, that can attribute tangible evidence as to a potential culprit in this debate of densification.