In some battleground ridings, renters spend 50% or more of income on housing - Action News
Home WebMail Friday, November 22, 2024, 03:32 PM | Calgary | -10.4°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Toronto

In some battleground ridings, renters spend 50% or more of income on housing

Housing affordability is poised to bea major ballot box issue in the upcoming federal election, with a sizeable portion of renters in some of the country's battleground ridings spending half or more of their incomeon housing.

Top 20 worst ridings for rental affordability unveiled in 2019 Canadian Rental Housing Index

The pressure of housing affordability is an issuenot lost on campaigners, with Liberal Leader Justin Trudeau promising last week to provide more help first first-time homebuyers living in red-hot housing markets, including Toronto and Vancouver. (Mark Blinch/Reuters)

Housing affordability is poised to bea major ballot box issue in the upcoming federal election, with a sizeable portion of renters in some of the country's battleground ridings spending half or more of their incomeon housing.

An analysis of the numbers in StatisticsCanada's 2016 long-form census that examinedincome, affordability and overcrowding across Canada's 338 federal electoral districts shows that five of the country's worst ridings for rental housing affordability also happen to be among the ridings with the tightest races between the parties.

Of the 20 ridings with the toughest affordability challenges, 11 are in Ontario and six are in British Columbia, with Nova Scotia, Quebecand Manitoba rounding out the list with one riding each,according to the 2019 Canadian Rental Housing Index, released Tuesday.

In those ridings, a quarter or more of renters reported spending at least 50 per cent of their income on rent and utilities. (Utilities were included in rent figures because the data didn't allow for costs to be separated out, according to the index.)

"These numbers clearly demonstrate why Canadians and housing advocates have been calling on our political leaders to take more immediate action to address the affordability challenges impacting so many families and individuals across the country," said Jill Atkey, CEO of the BC Non-Profit Housing Association, in a news release.

"Whichever party forms the next government will need to increase the investments into the National Housing Strategy in order to achieve its goals before this crisis gets even worse."

5 swing ridings on the list

Of the ridings identified in the index, Willowdale in Torontowas theworst for rental affordability;39 per cent of renters there reported spending half or more of their income toward rent.

CBC News has identified five swing ridingson StatsCanada's top-20 list for costly housing: Richmond Hill, King-Vaughan,Aurora-Oak Ridges-Richmond Hill andDon Valley North in Ontario; andBurnaby North-Seymour in B.C.

The other Ontario ridings on the list are:

  • Thornhill
  • Markham-Unionville
  • University Rosedale
  • Mississauga Centre
  • Toronto Centre
  • Waterloo

In British Columbia:

  • Vancouver Quadra
  • Richmond Centre
  • West-Vancouver-Sunshine Coast-Sea to Sky Country
  • Vancouver Centre
  • Burnaby South.

Rounding out the list areVille-Marie-Le Sud Ouest-le-des-Soeursin Quebec, Halifax in Nova Scotia and Winnipeg South in Manitoba.

Affordability issues not lost on federal leaders

The crisis of affordability in some markets hasn't been lost on campaigning party leaders. Liberal Leader Justin Trudeau promisedlast week to provide more help to first first-time homebuyers living in red-hot housing markets, including Toronto and Vancouver.

The Liberal plan would expand the number of first-time buyers eligible under the Canada Mortgage and Housing Corporation's shared-equity program byincreasing the value of a qualifying home from approximately $500,000 to nearly $800,000.

Conservative Leader Andrew Scheerplans tooffer his own proposal on home ownership, according to the party's spokesperson.

The data clearly demonstrates that our political leaders have not been able to find or implement meaningful solutions to the affordable housing crisis.- Jeff Morrison, Canadian Housing and Renewal Association

Whether the leaders willcome out with campaign commitmentsspecifically aimed at renters remains to be seen.

"The data clearly demonstrates that our political leaders have not been able to find or implement meaningful solutions to the affordable housing crisis, and Ontario now has the dubious honour of being harder hit than anywhere else in the country," said Marlene Coffey, executive director of the Ontario Non-Profit Housing Association.

The index released Tuesday also paints a picture of those hardest hit by affordability challenges: single mothers, Indigenous renters, new immigrants, seniors and Canadians under 30.

That last group is comprised largely of millennials, who are expected to make up as much as 37 per cent of the electorate in this election, according to Abacus Data.

Nearly a quarter of renters under 30 are at what the index defines as a "crisis level of spending," with half or more of their income going to rent while at least half of seniors whorent spent30 per cent or more of their income onhousing.

'Vulnerable groups are bearing the brunt'

"For a long time, the conversation around rental housing affordability in Canada has focused on the population as a whole, but the numbers clearly show several key, vulnerable groups are bearing the brunt of this crisis," said Jeff Morrison, executive director of the Canadian Housing and Renewal Association.

A disproportionate share of Indigenous families were also found to be struggling to pay rent, and overcrowding was found to be an issue in 43 per cent of Indigenous-led renter households, compared with just six per cent in non-Indigenous renter households.

Among immigrants now renting shelter who landed in Canada from 2011 to 2016, nearly 24 per cent were found to be at a crisis level in terms of the percentage of household income spent on shelter. In terms of overcrowding and overspending, the hardest hit immigrant-led households are in the Greater Toronto Area, with 55 to 60 per cent of those households in Richmond Hill, Vaughan and Markham spending 30 per cent or more of their income on rent.

But those suburbs still might be the more affordable option for those looking to owna home in Toronto people like new mom Jessica Botello.

Botello said she's encouraged by Trudeau's housing proposal but thinks ultimately it's better suited to those looking outside the city core.

Jessica Botello and her family are trying to buy a house in Toronto, but so far have been priced out. (Rob Krbavac/CBC)

"Honestly, it's a great idea, but for $800,000, it's not realistic for Toronto," she told CBC Radio'sMetro Morning.

Botello recently put in an offer for a home in Toronto, only to find six others did as well. Ultimately, the home sold for $840,000 a price she said she simply couldn't compete with.

"We were pre-approved for $745,000," she toldMetro Morning."But if it's listed for that price, they want multiple offers and they get them."


What matters to you thiselection? What issues do you want us to dig into? Email us atmyGTAelection@cbc.ca.

Add some good to your morning and evening.

Your weekly guide to what you need to know about federal politics and the minority Liberal government. Get the latest news and sharp analysis delivered to your inbox every Sunday morning.

...

The next issue of Minority Report will soon be in your inbox.

Discover all CBC newsletters in theSubscription Centre.opens new window

This site is protected by reCAPTCHA and the Google Privacy Policy and Google Terms of Service apply.