On January 19, 2017 Concert President and COO Brian McCauley was one of three panel speakers at the Urban Development Institute’s most popular annual event, the 2017 Forecast Luncheon.
Alongside PCI Developments President Andrew Grant, Anthem Properties President and CEO Eric Carlson, and moderated by Reliance Properties Ltd.’s Jon Stovell, this year’s discussion featured themes of master-planned communities and transit-oriented development.
The conversation covered everything from Vancouver’s recently slowing housing market and upcoming provincial election to the introduction of the tax on foreign buyers. A portion of the discussion also focused on McCauley’s assertion that there is need for more rental units to be made in order to meet housing demands.
“Home ownership is still very much a core value of our society,” said McCauley. “However, we are starting to see a shift in attitude of rental as acceptable accommodation.”
In particular, McCauley argued that there are a few conditions that are required to improve the rental housing, including an alignment of the three levels of government; available land; an increase in regional transit; public-private partnerships; and, political will.
To view the full video of the discussion, click below: