Opacity in Projections: Concerns Rise as Analysts Sign NDAs for B.C. Housing Price Drop Models!

The mystery deepens around B.C.'s housing price drop projections as data analysts involved in economic modelling were required to sign non-disclosure agreements, fueling concerns about transparency. Housing Minister Ravi Kahlon's forecast of a seven- to 14-percent housing price decline over five years is under scrutiny, with Green MLA Adam Olsen seeking clarity on the methodology. Industry representatives, like the Urban Development Institute and Rennie Group, are interested in understanding the assumptions. The ongoing lack of transparency raises concerns about assessing the potential impacts of the proposed housing measures.