Affordable Housing

Here are two quick guides to the housing issues in this provincial election: The Ontario Non-Profit Housing Association has five handy charts that show the positions of the four major parties under five categories: Build Reinvest Implement Commit  Pledge. Check it out at https://qc.onpha.on.ca/2022/05/what-the-major-ontario-party-platforms-say-about-affordable-housing/    Generation Squeeze goes beyond listing the campaign promises and actually … Read more

Highlights of the Housing Policies of the Provincial Parties Context: A total of 81,325 new homes were built and completed in Ontario in 2021, the highest level since 2004. Ontario’s best decade ever saw 846,089 units completed in the 10 years ending in 1978. Ontario has rent control but it only limits rent increases for … Read more

A new report predicts that rents in Hamilton will continue to rise in 2022, presenting growing affordability challenges for the one third of city residents who rent their homes. Details at https://rentals.ca/blog/rentals-cas-4th-annual-rental-market-predictions-from-experts-across-canada#hamilton 

Vote4Housing is a campaign of the Ontario Non-Profit Housing Association and the Co-operative Housing Federation of Canada to focus attention and seek commitments to action on affordable housing during the June 2 provincial election. You can learn more at https://vote4housing.ca/  The focus of the campaign is a letter-writing campaign. On their Take Action page, there … Read more

Canada Mortgage and Housing Corporation has released its annual forecast and the news isn’t good for Hamilton. House prices are expected to keep rising rapidly in 2022 and a bit more slowly in the following two years. Rising interest rates will make it harder to borrow, and more expensive, as mortgage rate increases are expected … Read more