Three of Kelowna91Ƶs five mayoral candidates will take part in a discussion on housing affordability, being hosted by the Canadian Home Builders91Ƶ Association Central Okanagan (CHBA-CO).
Colin Basran, Tom Dyas, and David Habib will discuss that topic on Thursday, October 13 in partnership with the Association of Interior Realtors. Candidates Glendon Smedley and Silverado Socrates were invited but did not respond, according to the CHBA-CO.
91ƵThese elections are particularly important,91Ƶ said Darren Witt, CHBA-CO president. 91ƵLocal politicians not only tax new housing tens of thousands of dollars before a shovel hits the ground but also set growth boundaries that have a direct impact on land prices. The ripple effect is massive. Our trades talent can no longer afford to live here, which will make housing even more expensive for everyone, and it will take more time to build a home.91Ƶ
READ MORE: B.C. posts highest rate of unaffordable housing as ownership declines across Canada
CHBA-CO has also launched a Central Okanagan Votes 2022 website to help residents understand how local politicians can impact the cost of housing in their region.
The site features issues on the impact of housing costs at the local level, and shares survey answers from candidates from across the Central Okanagan.
91ƵOver 70 per cent of British Columbians want to see more action from their municipality on issues around housing affordability,91Ƶ said Daniel Winer, CHBA-CO executive officer. 91ƵWe are the fastest growing region in Canada, and we are not approving enough housing to keep up with demand.91Ƶ
Currently, the average benchmark price for a single-family home in the Okanagan is over $1.1 million.
91ƵThe CHBA-CO urges all Okanagan residents to do their research, get engaged, and vote for candidates that support progressive housing policies in their communities,91Ƶ said Winer. 91ƵIf we don91Ƶt use our right to vote, housing will grow further out of reach for the average citizen.91Ƶ
The discussion will be at the Four Points Sheraton on Oct. 13 at 8a.m.
More information can be found on the .
READ MORE: Canada91Ƶs renters facing higher monthly costs than homeowners: census
gary.barnes@kelownacapnews.com
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