Housing shortfall, costs and affordability

[Rainrider22]

No point in building a single detached home anyways, new report says that merely 25 percent of Canadians could actually afford to buy one...

[ac3r]

Those homes are for the investors and slumlords! :'P

[Rainrider22]

Those homes are for the investors and slumlords! :'P

True True, all the people who already have theirs or have equity in the market place.  Good luck to my kids.  I suspect that a majority of the 25 % that can afford the homes are also in other parts of Canada where it is somewhat more affordable...  Go West young man !!!!

[ijmorlan]

No point in building a single detached home anyways, new report says that merely 25 percent of Canadians could actually afford to buy one...

I assume you’re being sarcastic? The reason they (and all forms of housing) are expensive is because many people want them and they’re hard to build, so the supply has fallen behind. If something essential is expensive that typically means we need more of it.

Except that construction seems to be expensive now too, so even if we allow sprawl to infinity I’m not sure how much that would help with detached home prices (well, probably not at all if we had development charges that covered all the external costs of such development…).

[Rainrider22]

There was sarcasm. But in sarcasm is often truth. If you build all these big homes in the country side, it is a moot point if the masses cant afford it...

[danbrotherston]

Meanwhile, the Ontario government is focused on converting farmland into suburbia, with no density requirements. And they seem to have completely dropped the idea of eliminating exclusionary zoning.

This is why I laugh every time someone claims we are making progress. We are building bad things faster than we are fixing the existing crap. If we actually want to make forward progress we have to turn off the shit tap.

[coriander]

The feds to throw just under half a billion at the housing crisis: https://www.reuters.com/markets/canada-g...023-12-21/

I'm sure this will go to good use!

Just as important as the 471 million in housing dollars is the trades that the Ministry is extracting out of Toronto. If we can get BC-style transit centre zoning for Toronto, it'll be a huge step towards a better zoning regime. Better yet, enforce the recommendations of the Ontario housing task force report. Hopefully, the federal money encourages the city to stop being so recalcitrant - and sets an example for other cities to follow.

[tomh009]

Better yet, enforce the recommendations of the Ontario housing task force report.

Who should enforce them? The municipalities? Because the provincial government has decided to ignore its own task force.

[coriander]

Better yet, enforce the recommendations of the Ontario housing task force report.

Who should enforce them? The municipalities? Because the provincial government has decided to ignore its own task force.

The provincial government has absolutely failed to act on the report. It looks like, however, with the failure to destroy the Greenbelt, the ON housing ministry has aligned with the federal ministry to begin a push to get municipalities to adopt less restrictive measures. Hopefully this amounts to something. https://globalnews.ca/news/10186678/onta...sit-lines/

[tomh009]

Who should enforce them? The municipalities? Because the provincial government has decided to ignore its own task force.

The provincial government has absolutely failed to act on the report. It looks like, however, with the failure to destroy the Greenbelt, the ON housing ministry has aligned with the federal ministry to begin a push to get municipalities to adopt less restrictive measures. Hopefully this amounts to something. https://globalnews.ca/news/10186678/onta...sit-lines/

Density near rapid transit is good. But it does not help to increase the number of homes in the vast tracts of SFH housing (with exclusionary zoning) that we have today.

[danbrotherston]

The provincial government has absolutely failed to act on the report. It looks like, however, with the failure to destroy the Greenbelt, the ON housing ministry has aligned with the federal ministry to begin a push to get municipalities to adopt less restrictive measures. Hopefully this amounts to something. https://globalnews.ca/news/10186678/onta...sit-lines/

Density near rapid transit is good. But it does not help to increase the number of homes in the vast tracts of SFH housing (with exclusionary zoning) that we have today.

I'm not sure, what do you feel it doesn't help? I would think it would help with the housing crisis...and also with improving our cities, but it isn't a complete solution.

[tomh009]

Density near rapid transit is good. But it does not help to increase the number of homes in the vast tracts of SFH housing (with exclusionary zoning) that we have today.

I'm not sure, what do you feel it doesn't help? I would think it would help with the housing crisis...and also with improving our cities, but it isn't a complete solution.

Density near LRT stations helps (near the LRT stations), just as you said.

Eliminating the exclusionary zoning--as recommended by the Tories' own task force--would help even more.

[ijmorlan]

There was sarcasm. But in sarcasm is often truth. If you build all these big homes in the country side, it is a moot point if the masses cant afford it...

Thanks, that makes sense.

[danbrotherston]

I'm not sure, what do you feel it doesn't help? I would think it would help with the housing crisis...and also with improving our cities, but it isn't a complete solution.

Density near LRT stations helps (near the LRT stations), just as you said.

Eliminating the exclusionary zoning--as recommended by the Tories' own task force--would help even more.

Sorry, I guess I misread that.

[ac3r]

$15 million in provincial funding may be cut due to the region falling drastically short of its 2023 housing goal: https://archive.ph/5Qx64