Victoria Residential Builders Association on LinkedIn: Join us at our Golf Tournament at Olympic View on Wed, May 29! You don't… (2024)

For more than 3 decades VRBA's annual CARE Awards event has been the gold standard & premier industry awards for west coast home design & construction. Join us! Entry deadline: June 10. http://vrba.ca

Join us at our Golf Tournament at Olympic View on Wed, May 29! You don't have to be a VRBA member to register. Bring a foursome, threesome, pair or come on your own & enter the draw for a Canucks skate jersey and other prizes! Go Canucks! https://lnkd.in/g6AwSzAQ

"population growth over the past year was simply unsustainable by any stretch of the imagination. Govt policies are attacking demand, we also have to work very hard on supply. We’re not even close to where we should be." https://lnkd.in/gC6BKcZ3

"What’s most noteworthy about this seemingly modest venture is that the city, as the proponent...forced to confront many of the very restrictions, both large and small, that it has imposed on private developers over the years." https://lnkd.in/gxqcwYrJ

"72% of Canadians won’t buy until rates come down...Meanwhile, governmental home-building efforts are moving at the speed of a Toronto traffic jam..." https://lnkd.in/guB8R5xH Read Study Shows Housing Best Served by Market https://lnkd.in/gsnW-nCa

"In the past, according to CMHC, fewer workers were needed per housing unit..." There was far less regulation. Decades of building code changes add more time, costs & expertise required for construction https://lnkd.in/gene3yxU

"data show few signs that housing construction is ramping up in Canada..." First need affordable mortgage rates and an end to the stress test. https://lnkd.in/gseaqYxv

"cost of govt has massively swelled under Trudeau... a 10-year increase of more than 50%...primary culprit for this has been a massive expansion of the civil service...Govt hires remain one of the primary drivers of Canadian job growth." https://lnkd.in/gfc83aEi

"expenses depleted much of our family’s rainy-day savings account...These were not improvements just maintenance work to ensure the home was livable...avg property tax bill in BC is $4,700" https://lnkd.in/g4QwwDcy BC Greens advocate taxing primary homes https://lnkd.in/g3aWrtD The federal govt has launched studies on this, and has included the sale of principle residence on their tax form. Our view: "A tax on personal property, especially a home, is not a government right. It is an imposition on our financial security, privacy and freedom. Taxing a principal residence ignores the fact that homeowners already pay GST, PST for construction, Property Transfer Tax, building permit fees, Development Cost Charges, amenity fees, BC Speculation Tax on cottages, and decades worth of property taxes." Read https://lnkd.in/giPgAdu