B.C. Housing sues the owners of affordable housing units 

Pretty much sums up Canada. ‘I’ve got mine. Screw all young people and anyone else who needs affordable housing.’

The Realtor should also be accountable for this scam.

I would love to see criminal charges filed against these sleazy liars, and huge punitive fines!

Fraud. Criminal. These people should go to jail

So generous of them trying to help the low income millionaires

So BC housing trusted the developer to "vet" the buyers for eligibility. Ya, don't see a problem with that 🤡

i get charged for a speeding ticket and these people don't get charged for lying on a govt document? huh?

Criminal charges against all of them, that will send a message. This is scandalous.

That real state agent needs her license REVOKE and be investigated on previous sales. A permanent ban on renting should be issued to those who abuse the system and if they owned more than one properties they should be LAST in acquiring new property. This people are ruin it for everyone.

Greed, corruption disgusting. People are sleeping in cars have no roof over their head but it just not enough for these greedy monsters. This is just a drop in a bucket the entire housing market is infested with fraudsters.

"Lying on a statutory declaration is actually a criminal offence under the criminal code; maybe it's time in one of these kinds of cases that someone actually gets punished..." Unbelievable. Does a law even mean anything if it's never enforced?

Every person and company involved in this scam should be charged and the CRA should do a financial audit on all companies and persons.

Subsidizing the rich with tax dollars.

Feels like this is isn’t even scratching the surface of BC’s problems.

Income under $150k as being "low income" is kind of a joke... no?

1 bedroom in Victoria for 308k is way below market and then they only need to stay for 2 years and then get to sell it at market value!!!!

What's funny is that this isn't even really "affordable housing" for most people. 😂

They should sue and take money back from those cheater

350000 house. 3.5m damages. Sue them for every penny

A huge fine + prison time to deter others from trying this again.

Utterly disgraceful… Investors buying taxpayer subsidized condos… Even the ‘honest’ buyer here making

Wow what a novel idea, persecute criminals who have committed crimes. No wonder Canada is in the shape it's in. So many people have to either be terrible at their jobs or receiving kick backs for this disaster to occur. It's just too egregious to be a clerical error. The developer for one knew exactly how affluent or not these purchasers were. I've worked in the sales and marketing departments of a new home builder, we expressly targeted the types of people who purchased these units.

That realtor should be convicted and sentenced to jail, she should NEVER be allowed to work as a realtor again.

This is happening a lot in B.C I know developers who raised rent which took away opportunity for low income seniors who were assured there would be affordable housing in the New building slated for that purpose.

Lots of Greedy Sharks here in Ontario having 10 and 20 houses

Finally, some accountability

I am building my own home. BC Housing demands we write a 100 question exam before we are allowed to build. Yes, here in BC we are required to write a 100 question exam and pay a $460 blackmail fee to Homeowner Protection Office (HPO) before we are allowed to build our own home. What is HPO protecting us from ? They will not say. They require their $460 blackmail fee anyway. And we as owner builder are specifically prohibited from building rental housing. Yes, BC Housing specifically prohibits us from building rental housing. Did any of you know this ? It was a 3 year fight and cost me $46,000 in red tape for a build permit on this small 1000sqft home. 3 years and $46,000 in red tape and we have not even broken ground as yet. We expect the government red tape to be close to $100,000 before final occupancy - this is an expense that rivals the cost of build materials. Have tried several times to interest media into looking into this scandal, no media will touch it. I wonder why ? No question in my mind why we have a housing shortage.

Canada's real estate game sicken me.

Sue them for 10 times damages

One human = one property. Period. This is rediculous. Capitalism cannot keep going in this direction

It's not a law if it's not enforced. 😠

Rules/laws without consequences for breaking them are not rules/laws, they are merely suggestions.

Excellent government initiative !!! Please seek annulment of property rights (with due reimbursement minus damages) and criminal prosecution.

Worked on this site. Was a total mess and filled with people like this.

👏🏻👏🏻👏🏻 Fake “affordability”. Build more homes and apartments! “Poor” $150k earner!

It's about damn time! These types of people all need to be sued ! We all know that there are way more than 13 cases out there, especially in this area.

Low income is sub $150,000 yearly?

Why govt did not check it before approval , waste of money and time

Proceeds of crime - take the properties. Realtors involved should lose their license.

Corruption everywhere. All those involved must be brought to justice. The unqualified tenants, the developer, the vetting third party

Thank you CBC for covering this sort of corruption. It needs to hit everyone hard that this has been going on for over two decades and the reason people can't afford a home where they grew up.

The realtor should have her license taken away. From CBC article “In her response, Yu claims she "does not speak English as her first or principal language, and has limitations with respect to her understanding of English."

Wow. Affordable housing for rich people. No offense to the guy making under $150k, but the rule should be for those under $80k. Over $80k, it's only about lifestyle choices

What about the folks making 35k, 40k, 55k a year? I thought that was low income? 150k may be considered low in Vancouver I don’t know but that’s 3x the average worker salary

That guy was struggling to survive at 150k a year?

BC Real Estate board penalty: $5000 and 2 months of unpaid vacation to Real Estate Agent. Real Estate Agent “Thanks for the $50000 comissions. I will see you in 2 months” 😂😂😂

Realtors be like. I wasn't there

fine them as well as criminal charges! that realtor lady....gross! 🤢🤮🤑👹is no lady! Just shady!

Charge them with fraud and if immigrant, deport.

Realtors also in on it most likely real estate laws really need to tighten up real estate scams are rampant

Go to Jail! Go directly to Jail! Do NOT Pass Go! Do NOT Collect $200!

Wow, CBC allowing comments!

Canaduh : corruption at every corner

My god $308k?! Where do i sign up??

wtf below 150k? how tf are there not more of those

Sounds more like a failure on BC housing's part. Terrible controls

Shady realtors need to be banned from doing business.

Why didn't they check these people out first?

It sucks that people took advantage, but I am happy that BC is suing them

I kept on saying over and over that "lies, lying and liars" are the root cause of social problem.

Hmmm, let’s see the surnames of these criminals. I’m starting a “guess the foreign investors” pool.

In Ontario, the mortgage delinquency rate is up 135.2 per cent compared with a year earlier and B.C.’s rate rose by 62.2 per cent. The economy is in shambles.

greed

incompetent government. housing is all wrong. do not give money to developers. Hold municipalities accountable, lower the cost of building, bring in the right labour and incentivize to build faster and cheaper, and more

Not only in this places looking around many places who are for low income families living with high income but pretends be low . That's completely unfair and disgusting corruption. Those people need to go the jail now .

I’m sure that this kinda thing goes on all the time !This was probably a one time where they got caught. !! Fraudsters 😡

Those dogs

developers , landlords are gutting everyone who just can't afford a roof over our heads we have to choose roof over our head and pay rent , then starve

When a random guy does more in depth investigation than the housing ministry, you can see how deep the the incompetency goes in our government

How about giving people who had no help when buying their homes and still have mortgages and need upgrades ?

So wrong😮😮😮they already own properties 😮😮😮 Yes your word is your bond very well said. This behavior is unacceptable again lopeholes....valdition for sure

Since when is $300,000 for an apartment 'affordable' ?

this and the $212k Kelowna tiny home. what else, BC housing?

WTF would you give grants or whatever to the owners, in order to give the renters a break? Government is FOS or stupid.

You know what's going to happen after all this? NOTHING!

The greed is at the root of the housing ..hope they r jailed

lol how great is the system…

Make them work at soup kitchens, homeless shelters, etc

Rich people commit so much crime.

Someone is not doing a simple task.

As a lawyer practicing civil litigation in BC, my own anecdotal experience is that there are never criminal consequences for lying in affidavits.

the agent didn't pick up or defend herself - guilty 📌

What does a Condo have to do with Low Rent? You BUY a Condo Not Rent it!

Gets more exposed from here!

Can’t the government do ANYTHING right??? Those monitoring these sales all need to be fired

There should be criminal charges. Especially the ones who "flip" the condo rifht after, making a profit. Like that realtor, she herself was supposed to live in that condo for 2 years before ever selling. And she couldn't even adhere to that.

Name them!

Wow. I make half what he does that and my mortgage is the same as that condo. Why don’t I get any government grants or interest breaks?

Please just hold them accountable, the state of this province is heartbreaking

Toronto wants to build the same on parking lots

How about you ask how an 8'×10' shed/tiny home/pod costs $215,000..? This is the per unit cost of the Kelowna B.C. slum units..!

This country makes me sick

Ah, so this is why I can't find or afford a place to live in BC

Why aren’t they checking them out when application are sent in?

Pretty sure the owners are not from Canada..

They will spend more money and time suing them then anything they will get back.

Wait, 150k qualifies you?

Want to be more outraged? A newcomer couple bought a house, in husband's name. Woman pretended to be abused, got fast-tracked into a unit with a decade long waiting list, paid 30% of low income to live there, and husband moved in so they could rent the house out. People from other countries laugh at us.

if the developer didnt disclose the stipulations the onus is on the developer and the province not the people who bought condos.

By the way this is not a single incident. We just went through this before Eby under Jagmeet!