Early last year I wrote a piece about how the City of Vancouver is approving about twice the number of housing units that we need to manage our population growth. Now we have the latest population statistics from Stats Can and we can check my arguments against reality.
Between 2011 and 2015, the City of Vancouver population grew by 27,984 people.
Even today, with all the sociological changes in the way we live, most of us still do not live alone (who can afford it?) — we live in households, traditional or otherwise. Households here average a little over 2 people. That means that we grew by approximately 13,000 households. This figure represents the genuine need for new housing.
According to the CoV’s own figures, we approved 25,341 housing units in that same period — or about twice the number we actually needed to meet the growth in households. The development industry has tried to tell us that household size has fallen and so the need is greater. However, the Census figures do not agree with them.
These latest figures confirm that we are building for greed not need, and may go some way to explaining why we have 25,000 vacant properties in the city.