On 7 November 2016 a group of New Westminster residents called ‘Yes In New West‘ spoke before City Council to ask that they add more ‘missing middle’ housing — duplexes, triplexes, quadplexes, townhouses, and rowhouses — in New Westminster as part of its Official Community Plan. Here’s what I had to say:
My name is Brad Cavanagh. I have been a resident of New Westminster for nearly seven years. I am a member of Yes in New West, and I am here to speak to you regarding housing affordability and how the draft land use designation map can help future generations of New Westminster residents afford to live in our city.
New Westminster, like Metro Vancouver, has a housing affordability problem. The benchmark price for a single family house in New West is over a million dollars. To qualify for a mortgage on a million dollar house a family needs an income of at least $170,000, and that’s only if the family has saved up $200,000 for a down payment.
When I moved to New Westminster I was in my early thirties. My wife and I both held well-paying jobs, but with childcare costs we had no extra money to put aside for a down payment. We rented an apartment, then moved into a housing co-op, but home ownership was a distant dream. Condos offer very little outdoor space, and buying a single family house in New Westminster, the city we chose to move to and have grown to love, was completely impossible for us.
Luckily for us we found a townhouse for sale. It ticked all of the boxes we had on our list so we made an offer. After a stressful weekend of waiting, our offer was accepted. We scraped together a 5% down payment, signed a lot of paperwork, and are now homeowners.
Six months later the neighbouring unit sold for 20% more than we paid.
This morning there were thirteen townhouses for sale in New Westminster. Five are under construction, all in Queensborough, and three are in adult-only buildings, leaving only five available for families with children to purchase and move into today. Only one of those is listed for less than what we paid ten months ago.
For families like mine who would like a little more outdoor space than a condo can offer, the current situation is bleak: try and bid on the rare townhouse that comes up for sale and compete against a dozen other offers, or move out of New Westminster.
In 25 years this situation will be even worse if we choose to keep large areas of New Westminster designated to protect the single family house. There needs to be more of the affordable missing middle in New Westminster for families like mine to move into.
Luckily, the draft land use designation map has identified some areas of New Westminster for potential townhouse development. Some of these areas are on busy arterial streets and others are on quieter boulevards but still very close to commercial districts and transit, and all of these should be kept. City staff has identified and recommended that council designate further areas for townhouses. I strongly urge council to accept city staff’s recommendations regarding townhouses to make the missing middle more prevalent and affordable in New Westminster.
I love New Westminster. It’s a great place to raise a family. I am glad that we chose to move here, and I urge council to make the decision to increase the housing options across all neighbourhoods in New Westminster. Keep in mind that these decisions won’t just impact you or me, but also our children and grandchildren. Let’s give them more housing options so they too can grow up and raise their families in New Westminster.
I thank you for your time.