Ontario’s government has doubled-down on rent controls, which mandate how much landlords can charge renters.
housing affordability
B.C.’s NDP government plans to spend at least $6.6 billion over 10 years on social housing.
In today's budget, B.C. NDP Finance Minister Carole James said the government’s housing plan will be “comprehensive."
Metro Vancouver’s housing crunch exists primarily because there aren’t enough new homes getting built.
The price of homes—like the price of anything—is determined by both demand and supply.
Brooklyn is as populous as Toronto but less than a third as large geographically.
Both New York and London are more than twice as dense as Toronto.
Typically, secondary suites can be cheaper to rent than apartments.
Historically low interest rates have enabled families to more than double their mortgage borrowing power since 2000.
In neighbouring Burnaby, it takes only a third the time it does in Vancouver to obtain a permit.