Mike Smyth: Rental-only sounds great, but what if it backfires?

Giving municipalities the power to create more rental-only housing sounds like a great idea, especially in Metro Vancouver where vacancy rates are so low.
But what if the move backfires and actually creates fewer housing opportunities for people, not more?
That’s the warning from Vancouver developers, who worry about properties being “down-zoned” under new powers proposed by the provincial government.
Housing Minister Selina Robinson says giving municipalities authority to brin