Vancouver
District wide enrolment in VSB schools has been on a steady decline for over a decade. At the same time there are areas within the VSB that have seen strong growth in children requiring new schools to get built.
Looking at a couple of time series for the VSB District we can see where the problem lies. The children aged 5-17 living in the VSB District is estimated by BC Stats based on a number of data sources, and the number has been declining over the years.
About half a year ago I did a post on Airbnb data back when enforcement of the Short Term Rental (STR) regulation came into full effect starting September 2018 and have not really writing things up since then. Probably time for an update post. What has happened since, and what have we learned?
Overview Let’s take a look how listings evolved.
After the initial purge of listings before the start of enforcement, not much changed.
(Joint with Nathan Lauster and cross-posted at HomeFreeSociology)
BC has introduced the Speculation and Vacancy Tax and instructions for filling out the declarations are in the mail. The tax targets homes in major urban centres that are left empty, or that are owned by “foreign and domestic speculators” that “don’t pay [income] taxes” in BC. The tax rate is 0.5% of the assessed value in 2018. From 2019 onward rates increase to 2% for foreigners (not permanent residents nor Canadian citizens) as well as citizens or permanent residents that are deemed members of “satellite families.
When we (Denis and Jens) got together for coffee the other day, Denis showed off some maps of renter density in the frequent transit network that he was working on. The idea immediately clicked and we decided to work this out together. Motivated by the issue of renter demoviction caused by the 2017 Metrotown Plan, we set out to quantify how one could plan for displacement on a regional level, instead of treating it as an unwelcome consequence of development at the lot level.
Disclaimer Apologies up front, this is a bit of a hodge podge of a blog post. I have about half a dozen stubs on rental data and affordability that I looked at at some point while trying to understand some aspect of rental affordability. But it’s a large and complex topic, and I never took the time to distill out coherent storylines. Rather than keep pushing things off I decided to grab a couple of relevant pieces and put them together in a short blog post.
