Rob Shaw: ‘Born at the right time.’ Could B.C. housing legislation entrench intergenerational poverty? (The Orca)
Will the B.C. government’s new legislation to allow multiplexes on single-family lots lead to a wealth bonanza for people who already own those properties? It was a question BC Green MLA Adam Olsen pushed hard to debate in the legislature this week, as MLAs attempted to unravel the potential consequences of one of the largest changes to housing policy in the province’s history. “This bill creates huge amounts of wealth for people who have generated huge amounts of wealth from being born at the right time, and separates and creates a massive, much larger gap between those who were not born at the right time and who did not get into the housing market, the real estate market, at the right time,” Olsen said this week during debate of Bill 44 ...
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