Petition updateThis View Could Be Yours!!!! Build This New Lake View Development and Penticton's Economy!

Show Your Support and Build This Extraordinary Lake View Development in Penticton

Gil SzaboPenticton, Canada
Jan 19, 2021

Lets surpass 10,000 supporters today on our way to 15,000 supporters for this extraordinary lake view development!

Thank you for your support. Our work is not yet done.

Please sign this petition and share it with everyone you know and in as many place as possible on social media.

Housing unaffordability is the result of artificial scarcity, created locally mostly by land use regulations and legislation, such as the ALR, environmental constraints and local governments. When there is demand to live in an area, the market should naturally respond by increasing the supply of housing.

Currently there is an enormous demand for housing by people who want to live in Penticton, which as of Dec 31, 2020, had only 103 homes for sale! Our “normal” inventory level is close to 300 homes for sale. There are literally hundreds, possibly thousands of people wanting to live here, so our current supply can only accommodate 5% to 10% of the demand. In an open market, prices are eventually going to reach a point where only the top 5% of those looking for a home in Penticton can afford it.

In the last 30 days more than 9000 of you have shown your support. If each of you share this once more and ask one more person to sign it we will far exceed our goal.

Please sign this petition and share it with everyone you know and in as many place as possible on social media.

Thank you

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