On the heels of a recent survey that found more than 50% of young professionals would like to purchase a home in Toronto, the Toronto Region Board of Trade (TRBOT) convened a panel discussion on housing affordability in the region. The Star’s Tess Kalinowski provided an overview of the event’s discussion.
I was asked to provide opening remarks and it gave me an opportunity to reflect on the issues challenging affordability in the region, and the implications for our planning policy.
Earlier today this article appeared in Metro News about the impact of projects like Rail Deck Park on housing affordability. I think this is a really important topic, so here I provide a bit more detail about my position.
The following is the text of an op-ed I wrote with Paul Smetanin, the president of the Canadian Centre for Economic Analysis. It appeared in the Globe and Mail on Friday, June 10th, 2016. You can access the original article here. continue reading