“I often hear that ‘housing is a human right.’ Why, then, do our cities seemingly go to great lengths to prevent housing from being built?” MikePMoffatt on the Great Canadian Convergence and how to prepare for a rapidly evolving national housing market:
"The Great Canadian Convergence represents a clear opportunity...but communities need to plan."
Since the mid-2010s, Toronto’s housing shortage has driven families to move out of the Greater Toronto Area, or GTA, to cities like Kitchener and Woodstock, or smaller communities in the province. Before the pandemic, this phenomenon was limited to a 100-kilometre radius from the GTA, since people still had to commute to work.
Now, similar price hikes are happening in places like Halifax, where home prices have risen 15 per cent over the past year, The solution, ultimately, is to build more housing. If we create enough affordable housing within the GTA, we will be able to retain more families. During Ontario’s last election, all four parties committed to a target of building 1.5 million homes over the next decade. Now we just need to figure out how to change zoning regulations to increase density, and get enough skilled labour to build these homes.
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