Please use the comments to add to sources if there are any glaring omissions.
More commentary on the Building a Housing Legacy Budget here, here and here.
VHB's abrupt self-declared end gains some noteworthy coverage. And his list of resources is a worthwhile weekly read.
- h/t Village at Victoria's Truth Hudson's Bay development gets unanimous approval. Highlights: 537 units in 3 phases of 178, 129 and 85. 65% will be studios or one-beds. Aimed at "first-time buyers, urbanites who wish small units, and single people looking for comfort without luxury"
- What are average joe's saying about the budget and housing?
- A "real" look at the condo versus house debate
Vancouver Sun behind a firewall; if anyone has access, feel free to post highlights in comments... please don't bend any copyright laws.
Gotta say about the Hudson... who are they kidding? I'm guessing that the prices will be significantly higher than the current 30-40% premium we pay for new units on the market now. Yesterday in the TC a report suggested that an income of $135K is necessary to cover a mortgage on $520K (current victoria average); correct me if I'm wrong but the current average condo price is $350K... downtown is higher priced, Hudson will be selling in 2009-10 most likely, I don't know how any single person will be able to afford $1800-2300/month mortgage payments.