Homelessness in Vancouver

Homelessness was not an issue in Vancouver until after the 1980s. Prior to then, there had generally been enough affordable housing provided by surpluses from the Canadian Mortgage and Housing Corporation, which had been initiated in 1946 by the federal government. However, national affordable housing programs received funding cuts from the government during the 1980s. Total housing stock increased after the federal funding cuts, but it was from private sector development of market housing rather than affordable housing. Between the affordable housing cuts, and increase in market housing, real estate grew to be out of the price range of some lower-income groups.

Homelessness in Vancouver

Homelessness was not an issue in Vancouver until after the 1980s. Prior to then, there had generally been enough affordable housing provided by surpluses from the Canadian Mortgage and Housing Corporation, which had been initiated in 1946 by the federal government. However, national affordable housing programs received funding cuts from the government during the 1980s. Total housing stock increased after the federal funding cuts, but it was from private sector development of market housing rather than affordable housing. Between the affordable housing cuts, and increase in market housing, real estate grew to be out of the price range of some lower-income groups.