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Port Moody scales back affordable housing expectations amid market slump
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Port Moody scales back affordable housing expectations amid market slump
cropped photo supplied Northwest Port Moody is scaling back expectations for what developers can realistically provide in affordable housing and community amenities as the city grapples with a weakening condo market. Councillors argued the new provincial housing legislation has significantly limited municipal leverage over growth. “The one thing that is becoming clear to me is that some of the maybe well-intended housing legislation has actually…
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