Question of the Week | Oct. 17

Question of the Week | Oct. 17

With the rising need for housing, are you renting out your property?


BACKGROUND:

Residential construction in Terrace is skyrocketing with permit values well ahead of last year’s pace and well above the city’s 10-year annual average.

David Block, city planner, estimates the city will see 30 residential housing permits before the snow falls, nearly double the number issued last year.

The city’s push to encourage developers to subdivide larger lots into smaller lots has seen some results with more subdivision applications and secondary suite permits than last year.

With the rising need for housing, are you renting out your property?

FULL STORY: Residential construction skyrockets in Terrace