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Waterloo Region Connected  /  Urban Issues  /  Urban Issues v  /  Housing shortfall, costs and affordability


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Housing shortfall, costs and affordability
taylortbb Offline
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08-10-2022, 04:37 PM (This post was last modified: 08-10-2022, 04:38 PM by taylortbb.)
(08-10-2022, 04:25 PM)panamaniac Wrote:
(08-10-2022, 01:43 PM).jeffster Wrote: 1500 units is peanuts compared what is needed. I can't remember the exact number, but Kitchener is about 40,000+ units behind of what is needed. It would take 20 massive projects like this just to start to clear the backlog of what is needed.

Where did the 40,000+ number come from?   That seems high even for Kitchener CMA, let alone Kitchener.

I don't know where jeffster got the number, but it seems about right to me for the CMA. The Scotiabank study said that Canada needed about 2M more housing units to bring us up to the G7 average of housing units per capita. Waterloo Region is about 1.8% of the Canadian population, and 0.017 * 2M = 36,000.
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RE: 459 Mill Street | 11, 14, 21, 27, 29 and 32 fl | Proposed - by taylortbb - 08-10-2022, 04:37 PM

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