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LEGALLY SPEAKING

Strata Depreciation Report Mandates: A Guide for Real Estate Professionals #599

CEO Video With Trevor Koot

Featuring BCREA CEO Trevor Koot, this monthly video series offers a unique look into both BCREA and the real estate and housing sectors at large.

A Place to Share Ideas

Once a month, BCREA CEO Trevor Koot steps in front of the camera to discuss housing and real estate topics relevant to both REALTORS® and the public. These videos are available on our YouTube channel playlist, LinkedIn, Facebook, and Instagram.

Check out the series below.

Latest Video

Are We Asking Too Much of Housing in BC?

July 21, 2026

Property in British Columbia is increasingly being used to help solve a wide range of public challenges. In this video, BCREA CEO Trevor Koot examines whether housing is being asked to do too much, and what that means for clarity, predictability, and long-term outcomes.

Transcript

For a long time in British Columbia, property ownership was relatively straightforward.

If you owned a home in the province, you could live in it, rent it, improve it, finance it, or sell it. And while there were always rules, the system itself was relatively stable and predictable.

That predictability mattered. It allowed people and businesses to plan long-term with confidence.

Over the past decade, that clarity hasn’t disappeared, but it has become harder to see. And that’s not because of any single policy.

It’s because property is now being used to help solve a wide range of public challenges at the same time.

Affordability issues have led to foreign buyer taxes, speculation and vacancy taxes, and other measures. Supply concerns have prompted governments to intervene more directly in zoning and density. Climate goals are shaping building standards. And property taxation continues to rise alongside assessments, becoming an even more important revenue source for municipalities.

At the same time, reconciliation is reshaping how land is understood and governed.

Individually, each of these objectives is legitimate. But the question is what happens when housing becomes the main mechanism for delivering all of them at once.

Because these policies don’t operate in isolation. They stack. And over time, that complexity changes how the system works. Ownership becomes less about a stable set of rights, and more about ongoing compliance within a changing environment.

When that happens, behaviour adjusts and uncertainty increases. Investment slows, projects take longer to move forward, and long-term planning becomes more cautious.

This isn’t about whether any one policy is right or wrong. It’s about the system as a whole, and whether it remains clear enough to support the outcomes we’re all trying to achieve.

Because at the end of the day, the real estate and development sectors play a major role in BC, supporting jobs, public revenue, and household wealth. And if property is being asked to deliver on affordability, housing supply, climate goals, taxation, and reconciliation all at once, then it’s worth posing a simple question: Are we asking housing in BC to solve too many problems at the same time?

We all want strong housing outcomes over the long term. At the BC Real Estate Association, we believe clarity and coherence are essential to achieving them.

Past Videos

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2026
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