Massive expansion of non-market housing needed in B.C.: report [Video]

A new report is calling for a massive expansion of non-market housing in order to make it more affordable to live in British Columbia.  

The report from the Canadian Centre for Policy Alternatives (CCPA) think-tank says high housing costs are eroding the province’s economy.

It calls on all three levels of government to implement a range of policy changes to bring down the cost of housing in the province — including tax reform, zoning changes and more.

B.C. consistently has led Canada when it comes to high housing costs, particularly in regards to rental housing. The report’s authors say Canada’s housing system has “largely been a mechanism for increasing wealth and inequality.”

The report comes a little under a month before the provincial election in B.C., with housing costs set to be a major issue when voters go to the polls on Oct. 19.

Alex Hemingway, a senior economist at the CCPA who co-wrote the report with …