The editorial in the Nov. 23 Oak Bay BԪַ paints a picture indicating civic politiciansBԪַ concerns are about protecting their communityBԪַs more affluent neighbourhoods. It states these elected officials want them to remain BԪַsafe enclaves for the crisis unfolding outside their stately doors.BԪַ
This is certainly not the case: many politiciansBԪַ main concerns, as expressed in many of the mediaBԪַs publications and outlets, want to know how this substantial provincially imposed densification will be funded, to deal with the inherent impacts such as the new infrastructure, amenities, traffic, street parking, loss of green space and all the other impacts.
The province announced a $4-billion impact fund, however, itBԪַs split between 161 B.C. municipalities. This divided funding will not come close to providing what is needed to cover the cost of these additional impacts. For example, Oak BayBԪַs portion was $4 million: however, the districtBԪַs infrastructure deficit is in the hundreds of millions of dollars. Most municipalities will be facing the same exceptionally high tax increases in 2024 as in 2023 and even higher. The new additional densification costs will only increase this excessive taxation as well as adding to all the inflation costs.
To suggest that, BԪַthe legislation does not prevent anyone from living in a single-family home, and that it merely prevents them from dictating that their neighbour must do the sameBԪַ is ignoring that preventing what a neighbour does is not the issue. The real concern is the developer who buys a neighbourBԪַs house. Experience has shown that developers will develop for maximum profit, in this case, most likely six units. Single-family homes on either side will lose privacy, views, sunlight, and a lot of noise and street parking will be added. I believe that these are the issues most residents will be concerned about.
Building housing on expensive land hasnBԪַt resulted in affordability so far, so why is it that the provincial government thinks their dictated housing legislation is going to allow Canadians and new arrivals to afford adequate accommodation any time soon?
Anthony Mears
Oak Bay