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Horgan home subsidies won’t make Metro Vancouver more affordable
Vancouver is among the most unaffordable cities in the world. ...
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B.C. government’s $2 billion building plan won’t solve Vancouver’s housing affordability crisis
The Horgan government plans to build 9,000 housing units for middle-income earners. ...
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Housing affordability will continue to decline absent basic reforms
Appeared in the Toronto Sun, November 25, 2020 In the turmoil of 2020, a crucial issue—housing affordability in cities such as Toronto and Vancouver—has fallen somewhat off the radar. But the fundamental problem remains. Housing supply growth is failing ...
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Changes in the Affordability of Housing in Canadian and American Cities, 2006–2016
By bringing together workers, capital, businesses, and ideas in a compact geographic market, cities promote improved productivity performance, and thereby faster economic growth and higher real incomes for workers. The affordability of housing in a city ...
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Two proposed projects—one in Ontario, one in B.C.—throw renters a lifeline
In the greater Toronto and Vancouver areas, rents keep rising and rental vacancies remain low. ...
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Most effective pro-housing reforms have nothing to do with more government spending
According to a recent poll of British Columbia parents, 65 per cent of respondents believe it’s likely their child or children will have to move away from their home municipality due to the high cost of living. Of course, B.C.’s sky-high ...
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Groundhog Day in the Golden State—how plans to boost affordability in California keep failing
The situation in California has important implications for Canada’s least-affordable cities including Vancouver and Toronto. ...
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If millennials have no money, how can house prices be high?
As I was driving to the federal budget lockup in Ottawa Tuesday morning, CBC’s The Current was running a discussion of the problems millennials are having “trying to get a foot on the property ladder.” The news hook was that, judging by ...
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Trudeau housing plan ignores local drivers of affordability
Tuesday’s federal budget committed to “help make homeownership more affordable for first-time home buyers,” notably through “shared equity mortgages” aimed at lowering monthly mortgage payments, and increasing the amount first-time buyers ...
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Midwest cities lead fight for housing affordability while coastal 'superstar' cities fall behind
Grand Rapids, Michigan scrapped single-family zoning. ...