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Community Comment: The challenges of affordable housing

Low rental stock and near impossible home buying scenarios, you can see why housing angst is plaguing young generations.
delta houses housing property tax increase
The other day I overheard a discussion amongst a couple of players who wondered if their kids would play on this team that was founded in 1979. The answer was doubtful because they didn’t think they would be living here when family time comes.

The thrill of the grass is back. Kids and adults are out on the diamonds enjoying the game and camaraderie that comes with baseball and softball.

The Tsawwassen Mixed Slo-pitch League has been around since the 70’s and although my playing days are over after 30 odd years on the hot corner, I still help out with warm ups and base coaching. I enjoy being around the new generation of this team.

My daughter runs the team now and I recall how back in the day her and other children from my teammates at the time would enjoy playing at adjacent playgrounds while their parents were having fun on the field.

I get to listen to the game time banter and discussions among 20-30 somethings about all kinds of things, which is very interesting indeed.

The other day I overheard a discussion amongst a couple of players who wondered if their kids would play on this team that was founded in 1979. The answer was doubtful because they didn’t think they would be living here when family time comes.

That is sad, but insightful considering the state of the home market here in South Delta.

I know my daughter is anxious about being able to live and grow up where she was born and I spoke to another player on the team who told me that this is usually one of the top three discussion points among young people at various social gatherings in South Delta.

Low rental stock and near impossible home buying scenarios, you can see why housing angst is plaguing young generations.

Global News recently reported that you will also need to earn more than $200,000 in Vancouver to afford an average priced home.

The Hive noted this month that, “One of the key takeaways is that if you’re making $322,245 annually, it will take Vancouver residents approximately 454 months, or nearly 38 years, to save for the required down payment with a saving rate of 10 per cent.”

That means if you’re 28 today, you will have your home by age 66.

So long South Delta. Hello Moose Jaw, Saskatchewan!