Everyone deserves a place to call home – so how can we improve housing affordability?
By Susan Lloyd Swail, Senior Manager, Livable Communities
The last time people were priced out of the housing market was in the early 90’s. Back then, the options were limited to owning a home or renting an apartment, with some condos thrown in. Ontario’s Growth Plan for the Greater Golden Horseshoe has greatly increased the mix of housing supply, but didn’t solve affordability for people as a limited supply of rental and low-income housing was been built. The majority of new rental units being built are luxury units and many of the houses are over 2000 sq ft and are consequently unaffordable. What most people need, whether they buy or rent, are affordable places, such as townhomes, laneway housing, shared housing and non-luxury apartments.
OPINION:
Things necessary for life cannot be in a "free" market. Such necessaries as food, water, shelter, clothing, health care, prescription drugs.
Don't stop where the ink does.
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