Housing Affordability in the Capital Region


Please visit the following Times Colonist link to read a very good editorial on housing affordability across the Capital Region. It goes right back to my earlier comments about how challenging this problem is, a problem that is definitely regional and not unique to North Saanich. The message in the editorial is also clear -- there are a variety of factors that contribute to housing affordability, not the least of which is employment status and current salary to mortgage ratios. The editorial supports my views about how challenging and complex the issue is and that looking solely to local governments to provide solutions is not realistic. I understand that the TC will do another article(s) on possible solutions to housing affordability in this region so please watch for it: http://www.timescolonist.com/business/Editorial+Cost+housing+hurting+region/4454728/story.html