B.C.’s Cortes Island is making housing history as the first community in the province to tax short-term holiday rentals and have the funds directed to affordable housing projects, said Mark Vonesch, the area’s Strathcona Regional District director.
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31 points
The median cost of a house on Cortes was $800,000 in 2022. Yet households with a median income would only be able to afford a home worth $207,000, a housing needs report last year showed.
Housing is unnecessarily expensive, regardless of efforts to create affordable ones.
15 points
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