The Carnegie Community Action Project is raising alarm bells with the results of its latest annual housing report.
The report found average lowest rents in the Downtown Eastside have cracked the $500 a month mark.
Spokesperson Jean Swanson says the rate of development to units of social housing created in the area is way out of wack.
“One unit of welfare rate affordable social housing to eight units of condos and other rental housing that low income people can’t afford. If you look in Chinatown, the rate of change is one to 55.”
Swanson wants the city bring in strict rent control, preserve SRO stock, and set aside enough land for five-thousand units of social housing.