The impact of Vancouver’s famously high real estate prices on the home-ownership dreams of young people could affect the Canadian economy for decades to come, according to one housing policy expert.
Scottish economist Duncan MacLennan will be one of the international panelists participating in the City of Vancouver’s re:address conference on housing affordability later this month. He told Postmedia that housing is about more than just human rights.
“We’ve got to stop thinking of housing simply as some kind of social service, but recognize that it’s a key thing to get right for any metropolitan area that wants to be a great city — and that’s what Vancouver is,” he said.
