https://globalnews.ca/news/11014345/vancouver-market-rental-plan-critics/
The developers building luxury towers & especially top floors for people who can afford 5, 10, 20 or even 40 million dollar properties, isn't the issue. Thus, the city providing decent, basic affordable housing can be of great benefit. However, if the city would allow developers to build 20-30 floors taller on the condition that approximately the lower 5th or quarter of the building is for affordable housing, that can also make a big difference. A 60-80 story luxury condo tower just catering to the high-end market doesn't help most people. However, when a taller residential tower can provide affordable housing on the lower floors, that benefits more people.
