{"id":8734,"date":"2026-07-27T11:08:07","date_gmt":"2026-07-27T18:08:07","guid":{"rendered":"https:\/\/infonews.ca\/?p=7761130"},"modified":"2026-07-27T11:08:10","modified_gmt":"2026-07-27T18:08:10","slug":"in-numbers-b-c-condo-plan-isnt-everyones-favourite-housing-solution","status":"publish","type":"post","link":"https:\/\/infonews.ca\/inhome\/news\/8734\/in-numbers-b-c-condo-plan-isnt-everyones-favourite-housing-solution\/","title":{"rendered":"iN NUMBERS: B.C. condo plan isn\u2019t everyone\u2019s favourite housing solution"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The government has a vision to make unsold condos into affordable housing and a lot of people think the other solutions on the table are better ideas. People are more in favour of capping rent increases and reducing the amount of foreign buyers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are the numbers from a Research Co. survey:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>2,200:<\/strong> Unsold condos would be turned into \u201crent-to-buy\u201d properties under the federal and provincial plan.<\/li>\n\n\n\n<li><strong>3.2: <\/strong>Billion dollars. That\u2019s how much the government is planning to spend.<\/li>\n\n\n\n<li><strong>50:<\/strong> Per cent. That\u2019s how much the government wants to reduce municipal level charges for developers.<\/li>\n\n\n\n<li><strong>51:<\/strong> Per cent of people surveyed in the Southern Interior think the condo plan will be effective in making housing more affordable.<\/li>\n\n\n\n<li><strong>71: <\/strong>Per cent of people surveyed in the Southern Interior would like to see the foreign buyers tax expanded outside of Metro Vancouver.<\/li>\n\n\n\n<li><strong>75:<\/strong> Per cent of people surveyed in the Southern Interior support capping rent increases at 2.3 per cent.<\/li>\n\n\n\n<li><strong>52: <\/strong>Per cent of people in the Southern Interior surveyed said the plan is a bailout for developers and banks who made a bad bet on the housing market.<\/li>\n\n\n\n<li><strong>63: <\/strong>Per cent of people surveyed in the Southern Interior said turning condos into affordable housing is about helping Canadians rather than distressed developers.<\/li>\n\n\n\n<li><strong>46: <\/strong>Per cent of people in the Southern Interior surveyed said they have been closely following this condo plan story.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>What do you think is the best policy to make housing more affordable?<\/p>\n","protected":false},"author":547,"featured_media":8586,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"guid":"","source":"","byline":"","published":"","updated":"","_infotelid":"","_prepressid":"","_multisite_post_sync":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1680,541,543],"tags":[],"region":[322,323,324,325],"class_list":["post-8734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-local","category-topnews","region-kamloops","region-kelowna","region-penticton","region-vernon"],"blocksy_meta":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/infonews.ca\/inhome\/news\/8734\/in-numbers-b-c-condo-plan-isnt-everyones-favourite-housing-solution\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"iN 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