Last week, Vision Vancouver city councilor Geoff Meggs wrote an opinion piece for The Tyee claiming that City Hall is taking bold steps to address the rental housing crisis.

These claims are difficult to accept given that the situation for renters in Vancouver has worsened since the election of Gregor Robertson in 2008. Rents have increased steadily, by 15% over the past four years.

Since 2008, the number of low-income households in Vancouver has decreased by 18%. This is not because wages are increasing, but rather because service sector workers and their jobs have been forced out of the city.

Similarly, public school enrollment has been decreasing steadily at 2% per year, even though private school enrolment hasn’t increased. According to the Vancouver School Board, the main reason families are leaving is that they can no longer afford the cost-of-living. As school funding is tied to the number of students, this has a devastating impact on the school board budget. The Vancouver School Board is now locked into a perpetual crisis of cut-backs, layoffs, and school closures.

The impacts of Meggs’ high-cost market rental buildings

The costs of the affordability crisis are widely acknowledged, and the effects are felt by renters every day. But the reality that our affordable housing stock is being eroded under Vision Vancouver needs to be placed front-and-centre. For years Meggs has argued that only the free market can bring housing affordability. Not only are the market rental units championed by Meggs high-cost (a discussion of the cost of new market housing was published in today’s Tyee), but each new development will have have a net negative effect on the affordable neighbourhoods they are part of. This is for a simple reason: the glaring loophole in the Residential Tenancy Act (RTA).