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Attorney General Targets Foreign Capital to Ease Housing Crunch

Vancouver Sun. As quoted in the article, Sept 6, 2018. Douglas Todd: The housing crisis is the top issue for British Columbians, but incomplete information and exaggerated rhetoric sour its discussion.

This is not to say there is nothing to debate in the B.C. NDP’s 30-point plan to ease the devastation of unaffordability, which it inherited from the laissez-faire Liberals’ 16 years in power. But it takes time to put together a complete picture.

Even as a journalist who for five years has covered the way extreme prices are crushing the hopes of hundreds of thousands of British Columbians, I learned new things from a recent Vancouver Sun and Province editorial board meeting with Attorney General David Eby.

The Point Grey MLA, whose riding is ground zero for the stratospheric prices that result in large part from the globalization of wealth, rang some of the earliest warning bells about the lack of affordability. And he’s been teaming up with Finance Minister Carole James to respond.