Frances Bula has covered Vancouver urban issues, city politics, housing, and development since 1994. With the Vancouver Sun until 2008, she has written for the Globe and Mail, BCBusiness, Vancouver magazine, and other outlets since then.
One of BC’s top developers made waves in the last days of the provincial election campaign by urging everyone to vote BC Conservative in order to end an NDP regime headed by Premier David Eby that he called a blight on the economy and more.
Carlson is still dismayed at what he sees as a government inexorably wedded to the idea of controlling the housing market through a dozen kind of restrictive policies because its NDP members are fundamentally anti-business. He thinks they haven’t really learned any lessons except that maybe they should “be a bit more gentle, go slower” for the next while.
He also said there’s been more conversation and respectful negotiation between the Province and the development community recently than he’s ever experienced, something that others echoed.
That last one is something that almost all developers mention these days, as they look at having to re-design buildings and add costs to meet the upcoming building-code changes., says the same. “The constant change in the building code is a massive issue. We’ve been calling for a policy moratorium for a couple of years now. Let us come up for air.”
“We’ve seen an 8.8% increase in revenue but our costs have gone up 70% in that time,” said Jarvis. Most of that is increased property taxes and insurance costs. Jarvis said he feels like that piece was a mistake, perhaps more the product of a “class warfare” mindset on the part of the NDP against the well-off single-family neighbourhoods than a useful housing-supply strategy.
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