Tag-Archive for ◊ affordability ◊

Op-ed by Mayor Gregor Robertson, published in the Vancouver Sun

For most of us, housing is our biggest expense. One out of every five dollars we earn goes to build, buy, rent and run our homes. Facing high home prices, large personal debts, and an uncertain economy, fewer Canadians can buy a new home today than in the past, and they are choosing to rent instead.

Unfortunately, in many cities, finding an affordable place to rent is nearly impossible.

The most immediate problem is supply. Vacancy rates under three per cent push rents up; here in Vancouver it’s 1.4 per cent.

Vacancy rates this low force our young people to move out of the city, threaten seniors on fixed incomes, and have a negative impact on local businesses.

That’s why this spring’s federal budget must put Canada’s rental housing market on solid ground, by pursuing low-cost, high-leverage policies that get jobs on the ground and build housing Canadians can afford.

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Op-Ed as published in The Globe and Mail online

By Gregor Robertson and Naheed Nenshi

If you’re one of the 80 percent of Canadians who lives in one of our country’s cities, chances are you’re fiercely proud of it. Our cities can match anywhere in the world for vibrancy, quality of life, entrepreneurial spirit and creative and civic culture.

But there’s no guarantee that will last. Canada’s cities face big challenges in the next few decades: managing growth, improving liveability, becoming more sustainable, and making city living far more affordable.

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Vancouver Mayor Gregor Robertson announced the members of the Mayor’s Task Force on Housing Affordability today, having assembled a diverse team of industry and community leaders with expertise ranging from non-market housing and sustainable urban planning to finance and real-estate development.

“The members of the Housing Affordability Task Force bring a broad and diverse array of experience, leadership, and vision to our work on the pressing challenge of affordability,” says Mayor Robertson. “Vancouver must be a city where our children can afford to live and raise their families. This is not a simple challenge but it is one that we have to address – and I believe this Task Force has the ideas and expertise to provide new affordability solutions for Vancouver.”

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