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B.C. developer explains why the real housing problem remains unsolved
Description
Beau Jarvis, CEO of Wesgroup Properties, unpacks British Columbia's plan to buy up unsold condo inventory for affordable housing. He argues the policy treats symptoms rather than root causes, and points out that developers were never consulted in shaping it. He makes the case for a different fix: lowering development charges and reforming the regulatory system. Jarvis also explains how municipal governments have become dependent on development fees to fund themselves, and proposes tax-free bonds as an alternative way to finance infrastructure.
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CREDITS:
Elia Gross - Producer and Editor
Rudyard Griffiths - Host
Chad Hipolito/The Canadian Press - Photo Credit
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