13 Nov Two big ideas to address Toronto’s housing crisis now.
Original article via The Tyee. Click here to read.
n 2016, about 712,000 households in Toronto were spending more than 30 per cent of their income on housing.
Today, 96,828 people are on the waitlist for subsidized housing administered by the city.
Homeless shelters are full or almost full every night, and the number of people using the emergency shelter system has jumped 60 per cent in two years. One of the main drivers of homelessness is a lack of available affordable housing and a steadily increasing affordability gap, the city says.
And Toronto’s housing stock has failed to keep up with its increasing population.