What You Need to Know: Regional Transportation Development Cost Change
Jun 22, 2020
Written by
Ryan BerlinSHARE THIS
Effective January 2020, a new regional transportation Development Cost Charge (DCC) is now being levied on new developments throughout Metro Vancouver. Given the greatly reduced transit ridership since March, this DCC could become an even more important source of funding for TransLink.Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.
Written by
Related
Fannie Mae and Freddie Mac currently guarantee over 70% of all US mortgages. They’re also facing privatization—a change with significant implications for the housing market.
Mar 2025
Article
5mins read
With the new short-term rental restrictions from the BC government now taking effect, along with upcoming changes to the residential tenancy act and changes to the capital gains tax inclusion rate, it’s worth looking at how investors in both the short- and long-term rental markets have already been responding to the changing regulatory environment.
May 2024
Article
8 min read