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Vancouver: human error and ‘terrible housing crunch hundreds lined up to see a $1,200 two-bedroom co-op suite

April 20, 2017 By administrator

Members of a Vancouver housing co-op say an inadvertent error may have led hundreds of people to line up to view a two-bedroom suite.

But co-op representatives also suggested that the extreme interest is an indication of the need for more affordable rental housing.

“There’s a terrible housing crunch out there,” said Erin Gilchrist, president of the Heritage Housing Co-op on W. 8th Avenue at Heather Street.

About 200 people attended an orientation meeting — similar to an open house — Wednesday night to view the co-op’s unit.

Co-ops are non-profit housing ventures where members pay a share and are considered equal owners.

They share in maintenance costs and responsibilities which, combined, help to keep housing costs down.

The charges for Heritage Housing’s 900 square-foot unit are $1,220 per month, but could rise depending on a family’s income.

Many online were shocked by images of the long lines of people trying to view it.

Source: http://www.cbc.ca/news/canada/british-columbia/this-is-nuts-why-hundreds-lined-up-to-see-a-1-200-two-bedroom-co-op-suite-1.4078756?cmp=news-digests-british-columbia

Filed Under: Articles Tagged With: crunch, Housing, Vancouver

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