Real estate, housing, election caps, general: a sampling of recent news items relevant to Port Moody
In the news, a sampling, real-estate and housing related:
- Tri-Cities high on list of region’s real estate investment hot spots (TCN, April 24, 2018).
Comment: Moody Centre ranks 4th by realtors on the list of 25 investment hot spots (areas) listed, but in terms of “value” falls well back, at 21 out of 25 areas. In terms of “average home price (2017)” Moody Centre is ranked as the 2nd priciest out of the 25 areas, with College Park right behind at 3rd priciest. Moody Centre was traditionally considered relatively affordable; this has clearly changed dramatically over the past few years. This list of Greater Vancouver investment hot spots notably does not include some pricier areas (e.g., Vancouver proper), perhaps due to price and current “investment” buying status. Original source identified: MoneySense, Where to buy real estate in Greater Vancouver 2018, April 18, 2018
- Micro co-op design wins ‘missing middle’ housing competition (TCN, April 27, 2018); also, Vancouver Sun, April 26, 2018: Vancouver firm proposes concept for ‘missing middle’ housing, A local design company has come up with a way to gently densify neighbourhoods full of single-family houses without overwhelming them with condo towers.
Comment: The “missing middle” concept is gaining more traction in the news and development discussions, with ideas to address development and growth with more choices (the missing middle in-between single-family and high density towers).
- Delta family finds creative housing solutions for two generations (Vancouver Sun, May 4, 2018)
- Rental rules will help cities: Tri-City mayors (TCN, April 25, 2018)
- Rental-only zones in B.C. could result in lower land prices: experts (TCN, May 3, 2018)
- Locals-first a tough sell: city report (TCN, April 24, 2018)
- Letter: Look to future in Port Moody (TCN, April 24, 2018)
- Letter: Don’t sell Port Moody hospital land (TCN, April 24, 2018)
- Letter: Port Moody residents ‘spoke loudly’ on land’s future (TCN, April 26, 2018)
- Fire hall site to remain empty until referendum (TCN, May 1, 2018)
In the news, a sampling, general:
- PoMo seeks sustainable city events (TCN, April 25, 2018)
- PoMo looking at bear strategy (TCN, April 26, 2018)
- PoMo parking permit plan to get more study (TCN, April 26, 2018)
- Metro board rescinds pay increase, retirement allowance (TCN, shared from Vancouver Courier, April 27, 2018)
- More extreme rain events, flooding predicted (TCN, May 2, 2018)
Expense caps out for Tri-City candidates (TCN, May 3, 2018)
Excerpt (beginning, click on link above for complete article):
“Tri-City residents considering a run for a civic or school board seat this fall will have to find creative ways to finance their campaigns.
Tuesday, Elections BC released new rules for donations as well as specific spending caps for each B.C. municipality that will apply to the Oct. 20 race.
Under Bill 15, which came into law last November, organizations, corporations and unions are banned from contributing. That means only individuals can financially support a candidate — but only up to $1,200 per donor.
Candidates have expense limits, too, based on the office they’re seeking and the population of the election area:
- Anmore: mayor $10,000; councillor $5,000
- Belcarra: mayor $10,000; councillor $5,000
- Coquitlam: mayor $89,336; councillor $45,343
- SD43: trustee election area 1 $42,033; trustee election area 2 $15,104; trustee election area 3 $22,368; trustee election area 4 $5,000
- Port Coquitlam: mayor $40,956; councillor: $20,714
- Port Moody: mayor $25,371; councillor: $12,779
Based on the last general election, Tri-City Mayors Greg Moore (Port Coquitlam), Mike Clay (Port Moody) and John McEwen (Anmore) would have gone over the new expense limits had they applied in 2014.
[For full article, click on link above.]