This is a news story, published by vancouversun, that relates primarily to David Eby news.
For more David Eby news, you can click here:
more David Eby newsFor more real estate & housing news, you can click here:
more real estate & housing newsFor more news from vancouversun, you can click here:
more news from vancouversunOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about
housing costs. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest homebuyers news, homeownership news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
high housing pricesvancouversun
•73% Informative
B.C. NDP leader David Eby announced a new path to homeownership that would see the province cover 40 per cent of the sale price on select developments with a 25-year loan.
The overall cost of the program is estimated at $6.45 billion over five years , which means the annual cost is expected to be around $1.29 billion .
Some housing experts warn it is a large expense for the province to be making on home ownership at a time when many renters and low-income British Columbians are struggling to keep a roof over their heads.
B.C. Conservatives promise to exempt up to $3,000 a month in rent or mortgage payments from provincial income taxes.
Conservative leader John Rustad ’s plan is similar to that of the NDP plan.
Experts say the government should be primarily focused on helping people in core housing need.
VR Score
78
Informative language
76
Neutral language
74
Article tone
informal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5