The City is creating a for-profit real estate company to build and manage around 4,000 rental homes across six City-owned sites valued at $412 million.
The move aims to boost rental supply, speed up construction, and generate long-term revenue for public infrastructure.
Bold move or risky bet? Vancouver launching its own real estate company to build 4,000 rentals — what’s your take?
🔗 Read More: https://dailyhive.com/vancouver/city-of-vancouver-real-estate-development-company-rental-housing
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