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Articles on Housing affordability

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Housing policy-makers should pay attention not only to how much housing is available and how often rental units turn over, but to residential stability and the quality of life that homes and neighbourhoods provide. (Shutterstock)

More housing supply isn’t a cure-all for the housing crisis

Unaffordability is only one type of housing vulnerability that has taken its toll on British Columbians during the COVID-19 pandemic.
Minister of Immigration, Refugees and Citizenship Marco Mendicino holds a press conference in Ottawa in November 2020. THE CANADIAN PRESS/Sean Kilpatrick

Canada needs to build more affordable housing for newcomers

Addressing the housing issue by adopting a human right framework put Canada on an accelerated path to meet newcomer families’ housing needs.
The pandemic has made the affordable housing crisis a lot worse, in part by increasing the rate of evictions. AP Photo/Jeff Roberson

Why building more homes won’t solve the affordable housing problem for the millions of people who need it most

California and other states plan to build more homes in an effort to fix America’s affordable housing problem. But that’s not the main reason housing remains unaffordable for millions of people.
A four-year-old girl plays house as Liberal Leader Justin Trudeau makes a campaign stop in Mississauga, Ont., where he spoke of his party’s policy on affordable housing. THE CANADIAN PRESS/Sean Kilpatrick

Federal election 2021: More supply won’t solve Canada’s housing affordability crisis

The fact that Canadian house prices have risen far beyond rental rates tells us that it’s due to financial factors alone — not a lack of supply. House prices are asset prices.

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