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BC has right strategy to spur home building, economist says (Times Colonist)


The province is taking the most effective path to combat the housing crisis with its new zoning measures to encourage development, says the chief economist of the BC Real Estate Association.

“We need to build more housing, right?” Brendon Ogmundson told the Times Colonist.

“So, we either have a goal of building a lot more houses [and to] do so means rezoning and densifying — or we don’t get anywhere close to solving a housing crisis.”

Some people might wish there was another way to spur housing development, “but the private sector builds housing and we need to build a lot more of it,” Ogmundson said ...

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