The B.C. Condo Association’s executive director is doubtful the province’s new housing act will create more affordable housing across B.C. B.C.’s new Premier David Eby recently unveiled the housing supply act that will remove all 19+ or 35+ condo designations in B.C. as well as make every unit rentable in order to increase the province’s housing supply. It is expected to come into effect mid-2023, according to a press release issued by the province. But Tony Gioventu, executive director of the Condominium Home Owners Association of B.C., thinks it will push condo ownership further out of reach for residents. Read the article………………………..
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