MAJOR NEW STUDY. Space for Community: Understanding the Real Estate Challenges Affecting the Social Purpose Sector in BC turns anecdote into evidence documenting the impact of soaring real estate markets on organizations that support the health and wellbeing of individuals, families, employees and communities.
While headlines are dominated by housing affordability, all markets including commercial and social purpose are feeling the same impacts, hurting small businesses AND the not-for-profit, social enterprise and artist sectors. When these social purpose groups lose their ability to secure affordable space for their work, communities suffer—as does the economy, the environment, and our social and cultural community ‘glue’. Not being able to find, keep and maintain affordable, suitable space impacts the ability of social purpose groups to provide health, community and childcare programs, programs for youth, seniors, and vulnerable populations, environmental leadership, not to mention all of the arts and culture that enriches our lives and communities.
