Vancouver approves Lane-way homes

[bizaro86]

Vancouver city councile approved a motion to allow single family house owners to build second house on the back alley portion of their lots in certain conditions. Will this affect whether vancouver houses can be cashflow investments, or are they too expensive even with this change? It seems adding another rentable dwelling on the same lot could certainly help.

Article here: http://www.vancouversun.com/Council+approv...1352/story.html

Michael

 

[Savard]

Wow!! What a progressive idea! And Vancouver council has the courage to pass this!
I llive in Calgary where the council actively promotes its hatred for poor people (renters). Diane Urquahart and Gord Lowe would have a fit if poor people started tried to live in this housing in their ridings.