Laneway housing has been a hot news topic in Vancouver this fall. Often, stories have presented this latest housing trend as the ultimate answer to building affordability into the Vancouver market. But based on numbers alone, a laneway house project is probably not a solid investment for landowners.
Whenever a new condo tower is announced in Vancouver, public outcry is often not far behind. This has never been truer than in recent weeks with news headlines about Vancouver residents voicing their concerns over what condo developments will do to their sense of community, and the character of their neighbourhoods. It's a debate that's raged for decades. Is suburban sprawl or urban densification the answer to city growth? Is it better to go up or out? Each has its proponents and buckets of data to back up their views.