Real estate developers in British Columbia are expressing concerns about changes to accessibility standards in the building code. The new requirements mandate that all new large condominiums and apartment buildings must have 100% adaptable suites, while first-floor suites in smaller apartment buildings should be easily adaptable for persons with disabilities.
Developers are arguing that these changes will lead to increased expenses for both builders and buyers.
A ready and willing lucrative market that’s been ignored
Instead of viewing the new standards as a challenge, developers could see them as an opportunity. In Canada, there are eight million people with disabilities, representing a significant market that has been largely overlooked. With approximately $47 billion in disposable income, this demographic, along with their families and friends, makes up over a third of the population.
Accessible housing is not only a necessity but also a human right. It is crucial for the government to ensure that integrated, high-quality housing is available to all citizens.
Cost of incorporating accessibility features in new construction less than 1% of construction costs: ADA
Contrary to claims that accessible housing is more expensive, studies have shown that the cost increase is minimal. The Americans with Disabilities Act (ADA) National Network states that the cost of incorporating accessibility features in new construction is less than one percent of construction costs.
Accessibility investment as a discretionary expense: A detrimental narrative
Many developers view accessibility as a discretionary expense rather than a necessary investment. This mindset is damaging to both companies and persons with disabilities. By reframing accessibility as a profit driver, developers can tap into a growing market of consumers who value inclusive spaces.
Consumers, not causes — reframed as a profit driver, building policy changes are positive for everyone
Developers need to shift their perspective on accessibility and recognize the business potential of catering to the disability market. By embracing intentional accessibility, they can gain a competitive edge and attract a new wave of eager consumers. Canada’s goal of becoming a “barrier-free society” by 2040 underscores the importance of inclusive housing for all.
Canada has set an ambitious goal to become a “barrier-free society” by 2040. While PWDs hope legislation can move the needle on inclusion, the government should also consider how to…
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