Between 2001 and 2014, the number of children born in Canada increased 17.9%, but the number of ground-oriented new homes being built—the kind that families seek–fell by over 10%. Why?
Governments set the rules for new housing developments. And in many cities, that means more and more mid- and high-rise apartments and condos. Great for singles and empty nesters. Not so good for families.
As family-oriented homes become scarcer, their price gets pushed up – beyond the reach of many young people and families. Beyond the reach of first-time homebuyers we need to keep our cities growing and vibrant. We need to talk about this.
Affordability matters – to your children, to your community, and to Canada’s economy.