Housing Needs Report – Bowen Island
· Bowen Island Municipality · Reports & Publications · 2023
Original Trust document
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Topics: Aquaculture & shellfish · Bylaw enforcement · Forestry & trees · Housing & affordability · Transportation & ferries — our classification, not the Trust's.
Extracted text (beginning)
tFo HOUSING NEEDS REPORT 2020 Bowen Island, BC Prepared by Urbanics Consultants Ltd. Suite 1207- 409 Granville St Vancouver, BC, V6C 1T2 Bowen Island Municipality: HOUSING NEEDS REPORT ii Table of Contents 1 Introduction ....................................................................................................... 1 Main objectives ........................................................................................... 1 Report structure .......................................................................................... 3 Limitations ................................................................................................... 4 2 Community context ........................................................................................... 4 Location ...................................................................................................... 4 Provincial economy ..................................................................................... 6 Local economy ............................................................................................ 6 Demographic trends .................................................................................. 11 Household growth ..................................................................................... 13 Household income .................................................................................... 14 Population projections ............................................................................... 17 3 Housing Supply ............................................................................................... 20 Housing Stock Trends ............................................................................... 21 Housing Permits ........................................................................................ 23 Housing Tenure ........................................................................................ 24 Non-market housing .................................................................................. 25 Housing suitability and adequacy .............................................................. 29 Shelter-cost-to-income ratio ...................................................................... 31 Core and extreme core housing need ....................................................... 32 4 Housing Market Characteristics ..................................................................... 34 Housing sales activity ................................................................................ 34 Rental housing .......................................................................................... 36 Affordability of market-rate housing ........................................................... 36 Affordability for households by type ........................................................... 38 5
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