Rethinking Housing Affordability and Livability in Metro Vancouver
Metro Vancouver has a growing inventory of unsold condos, yet finding an affordable home remains a challenge for many buyers. So where’s the disconnect?
In a recent opinion piece for Daily Hive Urbanized, Century Group’s Vice President, Development, Joanne Shao, examines what the region’s unsold housing inventory reveals about today’s market and what buyers want.
Drawing on her experience in real estate development, Joanne explores the relationship between affordability, home design and livability, and why building more housing is only part of the equation.
It’s a conversation worth having as Metro Vancouver continues to grapple with housing affordability and the future of higher-density communities.
Frequently Asked Questions
What makes a home livable beyond its square footage?
A home’s livability comes down to how well it works for the people living there. Practical layouts, storage, natural light and flexible spaces can matter just as much as size. Being close to transit, parks, shops, and services also makes everyday life easier.
How can developers improve housing affordability in Metro Vancouver?
Building more homes is part of the solution, but so is building the right kinds of homes. That means offering different housing types, making better use of space and considering how location and shared amenities can add value without adding unnecessary costs.
Why does neighbourhood design matter in higher-density communities?
Good neighbourhood design makes density work. Walkable streets, parks, public spaces and nearby shops give people more room to live beyond their homes. These are the things that make a neighbourhood somewhere people want to spend time.
How does Century Group approach livability in its communities?
Century Group looks at how homes, businesses, public spaces and amenities work together to create neighbourhoods people want to live in. At Century City Holland Park in Surrey, rental and ownership condo homes are part of a mixed-use community close to transit, parks and everyday services.
