Rental housing shortage a problem that will just get worse
Photo by Dan Ferguson/Langley Times
The fire which destroyed a portion of the Paddington Station apartment block in Langley City on Dec. 11 has put even more pressure on the Langley rental market. More than 80 families will be out of their homes there for as long as two years.
There has been a lot of focus on affordable housing in the
past year, but much of the political attention and media coverage has focused
on people who want to buy a home.
Meanwhile, renters are facing many challenges, with some of
the most significant ones coming at them in the next year or two. The
skyrocketing price of real estate, which is reflected in the recent assessment
notices, means that landlords will seek to boost rents as much as they are able
to.
Meanwhile, the supply of rental housing is not increasing at
the level it should be in an area with steady economic growth and a growing
population. This lack of supply also gives landlords another incentive to boost
rents – they know they can get higher rents because of the demand.
A panel discussion on seniors housing and homelessness at
Langley Senior Resources Centre on Jan. 17 heard a number of concerns about
affordability, and the challenges facing renters were front and centre.
Historically, Langley City has been one of the most affordable
rental housing markets in the entire Metro Vancouver region. That is one reason
that many seniors live in Langley City, and many lower-income families also
live in the City or nearby.
That has been changing gradually in recent years, as some
older apartments and homes have been demolished for new construction. Most of
the replacement housing has been in the form of condos – some of which are
available for rental, but at a significantly higher cost.
The Dec. 11 fire at Paddington Station apartment complex in Langley City has put even more pressure on the rental market, as occupants of more than 80 suites will be out of their homes for as long as two years while the block that was destroyed by fire is rebuilt.
(See Langley Times story and video for more on the fire).
Residents of manufactured home parks have also felt the
pressure. There are currently 14 such parks in Langley Township, but no more
are being built. This is because the cost of land makes it prohibitive to
establish such parks.
Most residents of such parks own their homes but pay pad
rental. The costs are affordable, and there is a great sense of community in
the parks. However, there will be increased pressure to redevelop these sites.
Several years ago, Datwiler Mobile Home Park in Murrayville
was bought by developer Century Group, and rezoned for a seniors residence. The
residents who lived in the manufactured homes did find other places to live,
but for the most part, they were unable to relocate their mobile homes because
there was no place that would take them.
Roz Bailey, president of Surrey Manufactured Home Owners
Association, said at the meeting that policymakers should consider manufactured
homes as a potential solution to the shortage of low-cost housing, as an
“age-in-place” option for seniors. One way that could be done in Langley
Township would be by implementing a moratorium on redevelopment of such parks –
at least until alternatives have been explored thoroughly.
Housing Minister Rich Coleman said at the discussion one
reason there is a shortage of rental accommodation is that few incentives have
been offered to build rental buildings. At one time, the federal government
offered significant financial incentives to developers to build rental units,
but that hasn’t happened for years.
The B.C. housing ministry has spent hundreds of millions on
construction of new and renovated housing. A significant amount has been for
homeless shelters and rebuilding of downtown Vancouver SROs (single room
occupancy units). Recently, Coleman announced funding to help build 82 units of
affordable housing for seniors on the Shepherd of the Valley Lutheran church property
on 72 Avenue near 200 Street. This is a welcome step in the right direction,
but much more needs to be done.
Coleman’s ministry could explore raising the income threshold
for residents to receive rental subsidies under the RAP (Residential Assistance
Program) and SAFER (Shelter Aid for Elderly Renters) programs. He told the meeting that over 100,000 people are
now receiving rental subsidies, which are directed at low-income families and
seniors.
Much more attention needs to be paid to the looming
challenge of increased rents and the limited supply of rental accommodation.
The panel discussion was a welcome step in this direction.
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