Deb, a 57-year-old professional with a good salary, says her home is being sold and she couldn’t find even a one-bedroom suite for under $1,500.
In 2018, a two-bedroom unit was renting for about $1,500 in the Central Okanagan, according to Castanet Classifieds data.
Kelowna West MLA Ben Stewart is the former Liberal housing critic.
Well, now the rents are higher than they’ve ever been, house prices are higher than they’ve ever been, taxes are higher than they’ve ever been.
“One of the huge issues is that 25 per cent, approximately, of the cost to build a place is taxes and fees.
The NDP government has been signalling that more supply, not taxes, is the answer.