Being Poor in Vancouver Requires A Fat Purse
The proposed changes in the definition of social housing by the City of Vancouver are problematic. The essential component in the definition of 'social housing' is that it provide housing for those who cannot raise the means to house themselves. The definition of social housing must to be tied to income, ability and need.
If your math and budget-making skills are like mine you can immediately see a problem.
If you think "co-op" housing is inherently affordable read this headline from Forbes March 2012, "Manhattan's $60 Million Apartment Will Be The Most Expensive Co-op Sale Ever.
And click here for a listing (as of March 13, 2014) in Vancouver, BC for a co-op unit ($209,000).
And if you think that "non-profits" are inherently social then consider that the Canadian Federation of Taxpayers is a, "right-wing Canadian federally incorporated, non-profit political organization." A non-profit organizational structure can serve many different purposes and intentions, including housing for golf-loving millionaires (please let me join, please let me join, please, please, please).
See what The Mainlander says about the proposed change in the definition of social housing by the City of Vancouver by clicking here. Check out Melissa Fong here.
The definition of social housing, for it to be a mitzvah, must be tied to income and need.
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