Affordable housing

A proposed pocket neighbourhood could help to provide some homes at more modest prices.

For years, the topic of affordable housing has been discussed in Summerland, but the price of owning or renting a home here remains high.

The proposed pocket neighbourhood, at the site of the former Summerland RCMP detachment, could help to provide some homes at more modest prices.

With a supply of lower priced housing, Summerland could attract workers who would otherwise reject this community as unaffordable.

Businesses which have had difficulty attracting a labour pool would also benefit from some more affordable housing. Without a labour pool available locally, it becomes difficult to attract or retain businesses which could benefit the entire community.

Even those who would prefer no population increase should see the benefits in having some affordable housing developments, to accommodate those who provide the various services we need.

According to the assessment figures released earlier this year by B.C. Assessment, the average assessed value of a home in Summerland was $419,000 — considerably higher than in other communities in the South Okanagan and Similkameen. The average home in Penticton was valued at $372,000. In Oliver, the average value was $300,000 and in Osoyoos, it was 364,000. At such prices, Summerland is at a disadvantage when it comes to attracting businesses and workers. When house prices increase, rent rates also tend to show an increase.

While there are some lower priced units in Summerland, including townhouses and condominium units, the majority of these are in age-restricted developments. For younger people and families, the cost of living in Summerland is higher than elsewhere in the region.

The proposed development is not enough to meet all of Summerland’s affordable housing needs, but it is a place to start.

 

Just Posted

Penticton pharmacy restricted from dispensing opioid treatment drugs

B.C. College of Pharmacists alleges Sunrise Pharmacy dispensed treatment drugs against rules

Summerland Health Care Auxiliary completes hospital donation pledge early

$1M contribution to medical equipment campaign completed half a year earlier than expected

Okanagan-Shuswap Weather: Heat, sun and a chance of thunderstorms for Father’s Day

Morning pancake breakfasts and fishing derbies across the region will see sun, showers may follow.

Summerland ready for dry summer conditions

Province has declared Level Two drought, but Summerland has not increased watering restrictions

Summerland pioneers had connection to Middlesex, England

Harry Dunsdon and Richard Turner became cattlemen

10 facts about Father’s Day

Did you know that the special day for dads was first celebrated in 1910?

Thunderstorm leaves small fire in the Shuswap in its wake

Wildfire crews are also fighting a small fire near Kamloops

South Okanagan pharmacy restricted from dispensing opioid treatment drugs

B.C. College of Pharmacists alleges Sunrise Pharmacy dispensed treatment drugs against rules

Police seek two suspects and car after stabbing in Kelowna

The stabbing took place on Friday evening on Wilson Avenue. It sent one man to hospital.

Okanagan pitcher tosses second no-hitter of season

Vernon’s Jarod Leroux has two no-nos in his last three starts for the BCPBL’s Okanagan Athletics

B.C. VIEWS: When farmland protection doesn’t protect farmers

Secondary residences aren’t mansions, families tell Lana Popham

Bombers down B.C. Lions 33-23 in season opener

Former Lion Andrew Harris leads Winnipeg with 148 rushing yards

Northern B.C. family remembers murdered Indigenous woman with memorial walk

Still no closure for Ramona Wilson’s family 25 years later

Vernon seeks additional fetal alcohol syndrome support B.C.-wide

“We are making a difference but we could make even more of a difference”

Most Read