When it comes to tackling the crisis of housing affordability in Ontario, pretty much everyone agrees on what must be done: build a lot more houses.We got our hopes up earlier this year whenon how to tackle the issue of supply lagging behind demand — especially in the Greater Toronto Area, which adds about 100,000 people a year.
But that would mean leaning heavily on municipalities whose councils usually speak for existing homeowners — the ones who want to preserve the “neighbourhood character” of their cities by keeping things just as they are. It’s called “exclusionary zoning.”Ford government produced a housing plan in March it conspicuously failed to address this issue head-on.
Voters who want to make up their minds based at least partly on which party would best tackle the crisis of housing affordability will find more to chew on in the platforms put forward by the New Democrats, Liberals and Greens. But, on this same crucial point, the opposition parties also fall short. Clearly, none of the parties want to anger municipalities or residents who already own single-family homes in lowrise, low density neighbourhoods. It’s understandable politically, but it puts a big question mark over whether they’d be able to meet their big targets for new homebuilding.
It is not more housing, just some individual owns too many.
Except it is not any more. Corporations buying millions of dollars worth of homes for profit, people buying just for investment opportunities, home prices sky rocketing, we have turned homes into profit makers and many of us have been pushed out of the game and locked out.
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