HomeMortgageHousing supply and affordability is a critical election topic

Housing supply and affordability is a critical election topic

Voters across the GTA will be heading to the polls again in October to elect mayors and councillors for the region’s municipalities.

This is the level of government with the most direct impact on housing supply, location and choice, and the choices that voters make on Monday, Oct. 24 will significantly affect future housing availability and affordability in the GTA. In a region with a generational housing crisis, candidates for office must not be distracted by short-term economic conditions and must champion bold, clear ideas on how to address the housing challenge.

Headlines inform us that demand for housing is cooling in the GTA in the midst of economic uncertainty. The fact is, the region’s fundamental challenges around housing supply remain unresolved and are even exacerbated as short-term economic conditions and inflationary pressures cool demand but at the same time increase…

Read more at www.thestar.com

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