(Joint with Jens von Bergmann and cross-posted at MountainMath)
In this post, we take a moment to appreciate the first housing policy announcements from BC’s new Premier, offered up just days into his term. David Eby comes to the post fresh from his joint roles as Attorney General and Minister Responsible for Housing. In these roles, he was central to fashioning the teeth behind BC’s housing policy. Initially these teeth were directed at the private sector, with a special focus on rooting out the “toxic demand” thought to be leaving too many dwellings empty. The Speculation and Vacancy Tax (SVT) remains the most visible legacy of this approach, as we’ve written about before and we provide a brief update of SVT results based upon the latest release in our appendix below. But other legacies include things like BC’s beneficial ownership registry, insuring better transparency for private corporations.