An ageing population is caught in a perfect storm of rising house prices and rents, falling home ownership rates, mortgage debt carried into retirement, insecure rentals and a lack of social housing.
People on the general waiting list can wait a decade to be housed. Even those on the priority list may wait years. Asked how the wait affects them, their responses reveal devastating impacts.
Without state investment, strategic consideration and political support, the lessons learned since the start of the pandemic on the importance to society of a place to call home will be lost.
YIMBYs and NIMBYs agree on one thing – they both want to live in desirable heritage neighbourhoods. And despite heritage being blamed for lack of new housing in these areas, it’s not the real issue.
In order to ensure new multi-unit housing prioritizes comfort and health, future residents and building owners should know what design choices to advocate for.
There are no ‘silver bullet’ solutions to a crisis that has left both renters and owners struggling. Only a comprehensive package of bold policies can ensure all Australians are securely housed.
Canadian universities host thousands of international students, many of whom come from India. While all these students need housing, many face discrimination in the rental market.
Cities across Canada are rapidly losing affordable housing. Provincial and federal governments aren’t helping, so it’s up to cities to start taking action themselves.
The housing crisis coupled with climate change could see more people living in the kinds of shanty towns and tent cities seen around the time of the Great Depression.
In order for Canada to overcome the housing affordability crisis, individuals, families, the real estate industry and government all need to work together.