Using new forms of equity, policy and land-use to increase housing affordability.
The feeling that something more needs to be done about housing affordability is growing. In the ‘hot’ real estate markets of Vancouver and Toronto, news items regularly lament the prospects of younger people or new Canadians ever owning a home.
A consensus is building that it is appropriate and urgent that all orders of government support scaling up affordable ownership housing for middleclass Canadians and those working to join the middle class.
Affordable home ownership has benefits for society as a whole. Literature shows that it supports competitive and prosperous cities, builds social capital and a stable middle class, helps people plan for their retirement, and frees up affordable rental housing in tight urban housing markets.
Our work demonstrates what needs to be done to produce ownership housing that is within reach of middle class households, millennials, New Canadians and those working to join the middle class.
For more information about our Affordable Ownership Housing work,
contact Jeff Evenson: jevenson (at) canurb (dot) org, 416-365-1806 x 281