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Articles on Housing affordability

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One in five young adults live in unaffordable housing and spend 30 per cent or more of their pre-tax income on housing costs. (Shutterstock)

Canadian young adults who live alone are more likely to struggle with unaffordable housing, study finds

Young adults are among the groups most adversely affected by the housing crisis. Foreign-born young adults, in particular, are disproportionately more likely to live in unaffordable housing.
A new act in Canada bans non-citizens, non-permanent residents and foreign commercial enterprises from buying Canadian residential properties. (Shutterstock)

Canada’s ban on foreign homebuyers is unlikely to affect housing affordability

Since foreign owners only represent a tiny segment of the housing market, it’s unlikely that Canada’s new ban on foreign homebuyers will make homes more affordable for Canadians.
Bill 23 proposes to eliminate or weaken many housing development regulations including site plan controls, which keep us and our natural environment safe from the negative effects of poorly controlled development. THE CANADIAN PRESS/Nathan Denette

Ontario’s Bill 23 proposes more homes built faster, but this comes at an environmental cost

Poorly regulated housing is leading to more greenhouse gas emissions through energy loss, increased energy requirements and greater exposure to weather extremes.
In Canada, just over 10 per cent of households live in housing that is unaffordable, unsuitable or inadequate, and they cannot afford alternative housing in their community. THE CANADIAN PRESS/Darryl Dyck

Canada’s National Housing Strategy: Is it really addressing homelessness and affordability?

Halfway through its 10-year mandate to address issues like affordability and homelessness, the National Housing Strategy is providing little benefit for the vast majority of vulnerable households.
A building under construction in Toronto. According to Canada’s national housing agency, Ontario needs to build 1.8 million new homes to alleviate the housing crisis. (Shutterstock)

Ontario’s Growth Plan is reducing housing affordability

Ontario’s first Growth Plan won awards that recognized the province as a leader in the field. But since then, successive changes to the policy have sabotaged the original plan’s progress.

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