in Greater Vancouver, transit oriented development is not seen as a driver of building of affordable housing, in fact it’s been quite the opposite: In Burnaby we are seeing wholesale demovictions of communities with affordable housing bulldozed to make room for new less affordable towers, In Vancouver, where T.O.D has been employed (Marine Drive and Oakridge) proposed developments offer an abysmal portion of affordable housing, but tremendous condo sales and presales.
Broadway Subway and Public Transit
development has come at the expense of housing affordability and led to extreme property speculation, even in advance of actual city re-zonings. It is critical that the Broadway Subway development is not a trigger for massive displacement, and that transit-oriented development is concurrent with senior government investments in publicly owned housing stock.
Thoughts on transit referendum
Firstly, it never should have happened — an absolute abdication of leadership—doomed to failure from the start. We elect leaders to make the tough decisions, not pass the buck; and that is precisely what Christy Clark’s government did by putting our transit infrastructure investments to plebiscite.