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Business & Economics

Mike Klassen: Vancouver’s bold, practical approach to addressing the housing crisis

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Summary
Nutrition label

60% Informative

Mike Klassen is a City of Vancouver councillor ( ABC Vancouver ) and resident of the Fraser Street community.

He says skyrocketing rents and limited supply have prevented working- and middle-class Vancouverites from finding stable, affordable housing.

The city has established the Vancouver Housing Development Office ( VHDO ) to manage city of Vancouver ’s land assets for maximum financial benefit.

The portfolio, valued at $4 billion , is growing, with 18 additional projects in development and 750 social housing units secured.

VR Score

72

Informative language

76

Neutral language

44

Article tone

formal

Language

English

Language complexity

68

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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