Pro/Con: Should Victoria move to provide affordable housing?
July 14, 2014 at 2:14 a.m.
Rising prices of rental units are nothing new to Victoria.
However, a letter to the editor published June 17 suggested city officials take action to address Victoria's affordable housing shortage.
Eagle Ford Shale activity has been blamed for the growing gap between the salaries of Victoria residents not in the oil field and rental rates.
Even with the addition of new apartment complexes set to open this year and planned housing subdivisions in the area, prices are expected to continue rising until the supply can catch up with the demand.
In the meantime, should the city create a committee to ensure affordable rates?