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Articles on Affordable homes

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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 study on Canada’s affordability crisis has found that visible minorities have less access to affordable housing than whites in Canada. (Shutterstock)

Ethno-racial minorities in Canada have less access to affordable housing than white people

Ensuring visible minorities have equitable access to affordable housing is an important step in fulfilling the National Housing Strategy’s goal to make affordable housing available to all Canadians.
A for sale sign outside a home indicates that it has sold for over the asking price, in Ottawa, in March 2021. House prices and rents have become increasingly more unaffordable in Ontario over the past few years. THE CANADIAN PRESS/Justin Tang

Ontario must commit to affordable housing for all, not attainable housing

Canada’s current economic growth model is currently dependent on the conversion of housing from a human right into a financial investment tool, leading to an ever-worsening housing crisis.
A house in Ottawa that sold over the listing price. THE CANADIAN PRESS/Justin Tang

Want to solve the housing crisis? Address super-charged demand

More housing supply doesn’t mean lower prices. If policy-makers want to make homes more affordable, they must tackle developers who drive up prices and consider taxing capital gains on homes.
Add up all the neglected costs of downsizing and retirees have good reason to be wary of making the move. wavebreakmedia from www.shutterstock.com

Downsizing cost trap awaits retirees – five reasons to be wary

Retirees are often urged to downsize to free up suburban properties for the next generation and for higher-density development. What’s being ignored is the costs of moving into a unit or apartment.
How much of co-housing is shared space is up to residents.

Co-housing works well for older people, once they get past the image problem

Older Australians are keenly aware of the housing challenges they face, but most are wary of co-housing due to the negative associations of shared living spaces.
This transit-oriented development in Oakland, California, combines residential housing with easy access to local transport options and amenities. Eric Fredericks/flickr

Make housing affordable and cut road congestion all at once? Here’s a way

A combination of transit-oriented centres, inclusionary zoning and a special rate on land instead of stamp duty could make housing more affordable by cutting congestion, development and travel costs.

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