GEOG
352:
Day 7
Affordable Housing
Housekeeping Items
• We have someone from Awareness of Climate
Change through Education and Research (ACER),
Larissa, to tell you a bit about her organization.
• Sustainability Fair on Wednesday in front of the
VIU Library – farmers’ market, free bike tune-ups,
Nanaimo Car Sharing organization, and more…
• Also: the criteria for evaluation of presentations
are up on the web site (for your projects,
reference all visuals).
• Jordan is still sick. The topic for this week is
alternative approaches to (affordable ) housing.
Affordable Housing
• What is the definition of ‘affordable housing’?
• According to Wikipedia, “In economics, market
failure is when the allocation of goods and services
by a free market is not efficient. That is, there exists
another conceivable outcome where a market
participant may be made better-off without making
someone else worse-off.”What does ‘market failure’
mean in the housing context?
• Why is affordable housing in short supply in Vancouver
and even, increasingly, on the Island/ Gulf Islands?
• Of possible interest:
http://www.vancitybuzz.com/2014/09/blog-spotlightsbeautiful-empty-homes-vancouver/.