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Douglas Todd: Vancouver's 'bait and switch' on below-market housing disturbs critics

A watchdog has so far counted 23 rental projects the city has allowed to backtrack on their below-market commitments. Here are a few of them.

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The City of Vancouver’s reversal on its affordable-housing rules has been called a “bait and switch.”

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The term refers to a deceptive tactic where an organization “baits” clients with an attractive offer, but then “switches” it for a lower-quality option after it is too late for clients to withdraw from the agreement.

In this case, critics of Vancouver’s highly touted “below-market rental” policies, including the watchdog organization, Cityhallwatch, are feeling tricked by the city’s early commitments to make builders offer 20 per cent of units in their new rental........

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