Page 20 - Housing Task News Today

Construction values have fallen more than 50% so far this year in Penticton at a time when Canadian governments are pulling out all the stops to encourage more housing development.

MANCHESTER — A discussion concerning the housing crisis in the town arose during the Manchester Selectboard’s last meeting.

The University of Hawaii Economic Research Organization says the Aug. 8 wildfires will lead to sharp, persistent economic losses on Maui, with limited spillovers for the rest of the state’s economy.

Maui residents who lost their homes in the Aug. 8 wildfires “are not going to be displaced from hotels into a homeless state,” Gov. Josh Green said Thursday

876 residential units in four buildings ranging from 6 to 32 storeys pitched for Delta Shoppers Mall

876 residential units in four buildings ranging from 6 to 32 storeys pitched for Delta Shoppers Mall

876 residential units in four buildings ranging from 6 to 32 storeys pitched for Delta Shoppers Mall

As B.C.’s housing crisis deepens by a lack of supply and ever increasing rental costs, a rally was held outside the legislature calling for vacancy control in the province.

The rent cap of 3.5 per cent is below the 12-month average inflation rate of 5.6 per cent

The provincial government set the rent cap for B.C. at 3.5 per cent for 2024, the second year the rent cap is below the 5.4 per cent inflation rate.