To Dream the Impossible Dream
Guest: Beau Jarvis, Wesgroup Properties
On this edition of Journal, we try to make sense of the mish-mash of housing initiatives coming at us from all directions – federal, provincial, and municipal governments.
Two things seem obvious. First, no one is coordinating these various programs, since some of them overlap and some even contradict each other. At one point last spring, research showed there were at least 60 initiatives aimed at developers and builders, supposedly to increase the supply of housing, therefore leading to affordability. But have they?
Second, the whole issue of housing is fractured into parts. There is home ownership, market rental, below market rental, social housing, seniors housing, assisted living, and on and on. Each category gets debated on its own with little attention to how it fits with all the other needs. Policies are then developed sector by sector.
Beau Jarvis sees this as a problem. Beau is the President and CEO of Wesgroup Properties, one of Canada’s largest housing providers. For many years, his company has been a major player in purpose-built rental housing. Many people in government and in the community feel that this is the only answer to affordability, but is it?
Have we completely given up on the idea of ownership – in any form – because it seems so expensive and so impossible?
But at the moment, rental is the flavour of the month, garnering much of the attention and policies to support it. Despite Wesgroup’s strong presence in that market, Beau feels it is a mistake if we aren’t talking about housing as a whole with all its permutations and combinations since piecemeal policy does not guarantee a liveable, affordable city.
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