{"id":8734,"date":"2026-07-27T11:08:07","date_gmt":"2026-07-27T18:08:07","guid":{"rendered":"https:\/\/staging.infonews.ca\/?p=7761130"},"modified":"2026-07-27T11:08:10","modified_gmt":"2026-07-27T18:08:10","slug":"in-numbers-b-c-condo-plan-isnt-everyones-favourite-housing-solution","status":"publish","type":"post","link":"https:\/\/staging.infonews.ca\/inhome\/news\/8734\/in-numbers-b-c-condo-plan-isnt-everyones-favourite-housing-solution\/","title":{"rendered":"iN NUMBERS: B.C. condo plan isn\u2019t everyone\u2019s favourite housing solution"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The government has a vision to make unsold condos into affordable housing and a lot of people think the other solutions on the table are better ideas. People are more in favour of capping rent increases and reducing the amount of foreign buyers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are the numbers from a Research Co. survey:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>2,200:<\/strong> Unsold condos would be turned into \u201crent-to-buy\u201d properties under the federal and provincial plan.<\/li>\n\n\n\n<li><strong>3.2: <\/strong>Billion dollars. That\u2019s how much the government is planning to spend.<\/li>\n\n\n\n<li><strong>50:<\/strong> Per cent. That\u2019s how much the government wants to reduce municipal level charges for developers.<\/li>\n\n\n\n<li><strong>51:<\/strong> Per cent of people surveyed in the Southern Interior think the condo plan will be effective in making housing more affordable.<\/li>\n\n\n\n<li><strong>71: <\/strong>Per cent of people surveyed in the Southern Interior would like to see the foreign buyers tax expanded outside of Metro Vancouver.<\/li>\n\n\n\n<li><strong>75:<\/strong> Per cent of people surveyed in the Southern Interior support capping rent increases at 2.3 per cent.<\/li>\n\n\n\n<li><strong>52: <\/strong>Per cent of people in the Southern Interior surveyed said the plan is a bailout for developers and banks who made a bad bet on the housing market.<\/li>\n\n\n\n<li><strong>63: <\/strong>Per cent of people surveyed in the Southern Interior said turning condos into affordable housing is about helping Canadians rather than distressed developers.<\/li>\n\n\n\n<li><strong>46: <\/strong>Per cent of people in the Southern Interior surveyed said they have been closely following this condo plan story.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>What do you think is the best policy to make housing more affordable?<\/p>\n","protected":false},"author":547,"featured_media":8586,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"guid":"","source":"","byline":"","published":"","updated":"","_infotelid":"","_prepressid":"","_multisite_post_sync":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1680,541,543],"tags":[],"region":[322,323,324,325],"class_list":["post-8734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-local","category-topnews","region-kamloops","region-kelowna","region-penticton","region-vernon"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":8}},"post_modified":"2026-07-27T11:08:10","post_modified_gmt":"2026-07-27T18:08:10","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/staging.infonews.ca\/inhome\/wp-content\/uploads\/sites\/4\/inhome-8a866aba80218c91d0586e8eede3ecb99361e5635105bd76c0078bb836961cae.jpg","_links":{"self":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/posts\/8734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/users\/547"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/comments?post=8734"}],"version-history":[{"count":0,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/posts\/8734\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/media\/8586"}],"wp:attachment":[{"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/media?parent=8734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/categories?post=8734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/tags?post=8734"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/staging.infonews.ca\/inhome\/wp-json\/wp\/v2\/region?post=8734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}