
Surrey affordable housing being replaced with not-so-affordable condos
Surrey has long had many affordable options for one-, two- and three-bedroom townhomes or apartment units for families, individuals on fixed incomes or new immigrants. But now, the older buildings are being redeveloped for condo buildings where the monthly rent is two-to-three times higher than what residents previously paid, says the Association of Community Organizations for Reform Now (ACORN), a tenancy rights advocacy group. In Surrey now, residents in 3,886 affordable rental units are at risk of “demovictions” due to their proximity to transit hubs and areas with high development, which is nearly 30 per cent of the city’s purpose-built rental housing stock, according to ACORN.