Housing crisis

Rent affordability report highlights extreme housing crisis in Flagstaff | Local

Housing in Flagstaff is “the worst I’ve ever seen,” said Devonna McLaughlin, executive director of Housing Solutions Northern Arizona (HSNA). His organization recently released its 2022 Rental Affordability Report based on a survey of 50 market-priced apartment complexes (8,405 units) and 10 income-limited complexes (730 units) between November 2021 and January. The report summarizes a […]

Housing crisis

The housing crisis threatens us all, warns an economist

By Cecilia Chan, Personal editor Chandler and the rest of the Phoenix metro area must extricate themselves from the current housing deficit or face economic disaster down the road, a leading Valley economist warns. The housing shortage just isn’t bad in Arizona, but it’s across the country, economist Elliott Pollack told Gilbert City Council as […]

Housing crisis

Covid-19 WA: Housing crisis predicted when hard border falls

Experts warn Western Australia will face a crisis when the hard border falls this week – and no, it’s not the threat of Covid spreading. The dismantling of Western Australia’s hard border this week has been widely welcomed, but experts are warning a ‘crisis’ is looming – and it’s not the threat of spreading Covid-19. […]

Housing report

Mayor of Richmond Hill calls provincial housing report ‘deeply concerning’

Richmond Hill Mayor David West welcomes some of the plans for a new provincial report on affordable housing, but he also finds some of the recommendations “deeply concerning”. the Report of the Task Force on Housing Affordability in Ontario published on February 8 proposes changes that would give the province the power to impose standards […]

Housing crisis

digging our communities – Knox County VillageSoup

Dr. Robert Wasserstrom lives in Camden and serves on the Economic and Workforce Development Committee of the Camden Rotary Club. Over the next six years, Maine will need 10,000 workers to replace retirees. Data from the Maine Department of Labor suggests that employers in Knox, Waldo and Lincoln counties will seek about 800 additional hires. […]

Housing crisis

How can we solve the national affordable housing crisis – KION546

Opinion of Janneke Ratcliffe for CNN Business Perspectives Millions of Americans are losing the chance to reap the benefits of home ownership due to a shortage of supply. This shortage is most acute among affordable housing, where low- and middle-income renters, young first-time home buyers and people of color are losing confidence that they will […]

Housing supply

City of Waterloo seeks to boost supply of affordable housing with grants for nonprofits

The City of Waterloo is setting aside $500,000 to boost the local supply of affordable housing. The proposed grant, a first for the city, would help nonprofits offset some of the costs of creating or maintaining affordable housing in Waterloo. City councilors approved a draft of the grant proposal on Monday. “Programs like these are […]

Housing report

New Hampshire Releases Housing Report on Statewide Building Permits

The following graph shows the number of housing units for which permits have been issued each year since 2001. Courtesy of New Hampshire BEA. “We are ready to tackle the influx of housing demand head-on,” said OPD lead planner Ken Gallager. “Our in-depth analysis of housing market trends will inform local and state stakeholders on […]

Housing supply

Housing task force urges planning changes to boost housing supply

TORONTO — Ontario’s Housing Affordability Task Force is calling for higher housing density and simplified urban design rules as part of a package of reforms that could increase housing supply in the province . The task force’s recommendations include five key strategies to rapidly increase market housing supply to meet the goal of adding 1.5 […]

Housing report

‘Really disappointed’: Aurora mayor slams provincial affordable housing report as open season for development

Aurora Mayor Tom Mrakas is “really disappointed” with a new provincial report on affordable housing which he says could open the door to worrying levels of development. “Apparently the solution to the housing affordability crisis is to limit public participation and allow developers to build what they want, where they want,” he said in a […]

Housing supply

Build the “zoning buffer” to increase housing supply without increasing land values

A new study by UCLA Professor Shane Phillips, Build the “zoning buffer”: use large upstream areas to increase housing capacity without increasing land valuesemphasizes the need to maintain sufficient zoning stamp—the gap between the existing housing stock and the maximum number of units permitted by current zoning—to increase housing affordability. Phillips’ research indicates that urban […]

Housing crisis

Flammable and deadly: Unknown US housing crisis speaks to larger issues

Last week, with President Biden visiting New York and sitting down with Mayor Eric Adams, following the murder of two NYPD officers, the nNews coverage was all about the need to reduce street crime and the flow of illegal guns into America’s urban neighborhoods. Much has been said about the need for more aggressive policing […]

Housing crisis

Federal government ‘must act’ on First Nations housing crisis

Kenora MP Eric Melillo is calling on the federal government to provide immediate support to northern First Nations communities, which have long struggled with unsafe housing conditions. “Crowding, poor ventilation, structural damage and mold are far too common in First Nations housing in northwestern Ontario,” Melillo told the House of Commons earlier this week. “It’s […]

Housing crisis

Canada-New Brunswick Housing Benefit leaves out many facing housing crisis – NB Media Co-op

New Brunswick is expanding the Canada-New Brunswick Housing Benefit program to include more low-income working families in the province, Social Development Minister Bruce Fitch announced in December. While any investment in housing is essential to the well-being of New Brunswickers, housing advocates and academics worry that the short-term, targeted approach of this benefit will do […]

Housing sector

Leveling up… implications for the housing sector

Yesterday the government’s long-awaited white paper on ‘race up’ was released, discussing some of the geographical disparities and, importantly, the government’s proposed reform of systems and the policy agenda for the coming years to remediate. The definition of its medium-term political objectives, at the heart of this document (alongside priority areas such as health and […]

Housing supply

Housing supply continues to be tight as prices climb on northern Vancouver Island – Nanaimo News Bulletin

The Vancouver Island real estate market continues to experience a shortage of homes for sale. The latest report from the Vancouver Island Real Estate Board indicates that demand continues to outstrip supply. Inventory of single-family homes fell 39% in January, compared to 2021 statistics for the same period. But it was 15% higher than December […]

Housing crisis

The housing crisis in Ireland: is collective action the best solution?

As the New Year rolls around, houses are impossible to buy for most young people, rents are still very high and derelict buildings lie unused across Ireland. It seems inevitable that housing will once again become a hot topic in 2022. Which explains the genesis of the Community Action Tenants Union… We are in the […]

Housing sector

Budget 2022: Rs 48,000 cr disbursed for PMAY to boost the housing sector

The government’s renewed push for greater infrastructure development and massive allocations for the subsidized housing program have applauded the country’s property and construction companies. A budget allocation of Rs 48,000 crore for the Pradhan Mantri Away Yojana (PMAY) has been announced by Finance Minister Nirmala Sitaraman for the financial year 2022-23 in today’s Union Budget. […]

Housing supply

Townsville vacancies at 10-year low as rental prices soar and housing supply dwindles

In the regional city of Townsville, a two-bedroom unit in the CBD could cost renters up to $570 per week. Key points: COVID has seen Townsville’s housing stock shrink as there is an excess of rentals in Melbourne Townsville’s vacancy rate is 0.7% Some estate agents think it’s too expensive to own an investment property […]

Housing crisis

New regulations for vacant and abandoned properties are a game changer in the housing crisis

(file picture) Published: Sun Jan 23, 2022 7:51 PM EXPANDING first-time buyer initiatives to vacant and derelict homes will be a big help for young people in County Mayo looking to buy and renovate their own homes, says Fine Gael TD Alan Dillon. The Mayo TD has welcomed the government’s announcement to allow vacant and […]

Housing crisis

The role of the private sector in the housing crisis

The private sector has a role to play in helping address the housing shortage, according to the state government. Arthur Gorrie The state government is taking long-term action to provide more social and emergency housing in the Wide Bay area of ​​Gympie as soaring house prices and rents put a strain on many people who […]

Housing supply

Government must focus on imbalance in housing supply -…

Executive Director Kate Davies comments: “Despite – and in some cases because of – the continued Covid-19 pandemic, 2021 has remained a very busy year for the housing market. Amid this continued demand, there are still many areas we need to focus on to support the market and ensure it is accessible to borrowers across […]

Housing supply

The government must focus on the imbalance in housing supply…

Executive Director Kate Davies comments: “Despite – and in some cases because of – the continued Covid-19 pandemic, 2021 has remained a very busy year for the housing market. Amid this continued demand, there are still many areas we need to focus on to support the market and ensure it is accessible to borrowers across […]

Housing supply

Will increasing housing supply solve the affordability problem?

Opinion: Government policies simply aren’t on the radical scale required to cut costs and prices enough to close the affordability gap In a 1978 episode of RTE’s Frontline, journalist Forbes McFall said, “There is now a general feeling that something is wrong with the housing market. Thousands of people can no longer afford to buy”. […]

Housing sector

Could digital twins transform the social housing sector?

Helen Rogers, Director of Housing Products at Global Software Providers Civicexamines the potential of digital twins to deliver a better, safer and greener social housing sector across the UK Every industry knows the importance of digital transformation. From aerospace to construction, automated processes and digital collaboration have quickly gone from a “nice to have” to […]

Housing supply

Homebuilding slows as housing supply hits record low in Canada, data shows – National

Statistics released this week by Canadian real estate authorities show that while the inventory of homes available for sale in the country is at record highs, the pace of construction of new units is also slowing. The Canada Mortgage and Housing Corporation said Tuesday that the annual pace of housing starts in December fell 22% […]

Housing crisis

Canada’s housing crisis worse than ever as Liberals sit alongside ‘Canada’s NDP

OTTAWA – Two new reports released this morning reveal what Canadian families have been going through for years: the cost of housing in Canada is skyrocketing, making it out of reach for many. Meanwhile, the Liberal government’s response to this deepening crisis is more talk than action. New Democrats have and will continue to push […]

Housing supply

Supply and demand for social housing a constant treadmill

Picture file Clare Sinn Féin TD Violet-Anne Wynne spoke out against the treadmill effect of families in need of social housing and the number of homes being added to the social housing stock. Deputy Wynne said: ‘There are 3,000 people on the social housing waiting list in Clare. This number has not decreased much for […]

Housing supply

City Council bolsters support for increasing housing supply and affordability with Vacant Housing Tax – City of Toronto

Press release December 16, 2021 Today City Council approved details of the implementation of a Vacant Housing Tax, which will be levied on vacant properties from January 2022. The purpose of the tax is to help the availability and affordability of the housing stock on the market by creating a disincentive effect for owners to […]

Housing supply

Housing supply remains a burning issue

The housing stock has been a critical issue for the British Columbia real estate market and for the Canadian housing market in general. From a scarcity of real estate listings to months of record inventory, it has become increasingly difficult for homebuyers to achieve the Canadian dream of home ownership. Even if young families and […]

Housing supply

Airbnb rentals are seen as a drag on Peterborough’s supply of rental accommodation

Peterborough’s vacancy rate could nearly double if short-term rentals, which include houses, apartments and single rooms, are added to the potential pool of rentals in the city and county of Peterborough. The vacancy rate was 2.6% for 2020, according to the Canada Mortgage and Housing Corporation, but local housing advocates say the rate could improve […]

Housing report

Councilwoman Castillo responds to controversial housing report: ‘We need to do better as a city’

Reactions to a new report indicating that San Antonio is releasing and demolishing old housing stock at a rate several thousand percent faster than other major cities in Texas – often displacing people of color from family homes and often without procedure regular – were fast. Some residents felt validated, and city staff persisted in […]

Housing supply

The Problem With Vacant Housing Taxes When Trying To Address Housing Supply Problems

Breadcrumb Links Real estate The construction of thousands of new homes is necessary to properly close the gap between supply and demand Publication date : November 19, 2021 • November 19, 2021 • 3 minute read • Join the conversation Vancouver’s annual empty home tax report for 2019, the latest available online, identified 6,025 vacant […]

Housing supply

Historically low housing supply in British Columbia, even as prices rise, report says

According to a report by the BC Real Estate Association, British Columbia’s housing market is at an all-time low in terms of supply, even as house prices soar. This means potential buyers in Metro Vancouver need to look beyond Fraser Valley suburbs and travel even further to find lower housing prices. The report, released on […]

Housing supply

Lack of housing supply drives up Ottawa home prices, report says

OTTAWA — Ottawa’s housing market returned to pre-pandemic sales levels last month; however, the lack of supply of homes for sale continues to push prices up. The Ottawa Real Estate Board reports that 1,677 residential properties were sold in Ottawa in October, compared to 2,132 in October 2020. The 1,677 properties sold in Ottawa last […]

Housing report

Three takeaways from the Sonoma housing report

In April, the City of Sonoma released its Housing Needs Data Report, defined as “a roadmap on how to meet our growth and housing challenges”. In 61 pages of charts and tables, it offers a somewhat bleak look at the housing situation in Sonoma, which continues to be out of reach for many residents even […]

Housing sector

Work underway to reform the territory’s community housing sector

To continue to drive investment, stimulate our economy and improve housing conditions for Territorians, the Territory’s Labor Government is developing a new model of social and affordable housing. Currently, the territory has an aging public housing stock and there is a great opportunity to realize economic benefits from large-scale transfers to the community housing sector […]

Housing supply

North High-Rise Renovation Adds to Hamilton’s Affordable Housing Supply – Hamilton

A $34 million renovation of an 18-story skyscraper has created 146 new affordable housing units for seniors in North Hamilton. City and federal government officials cut the ribbon Friday morning to mark the completion of the project on MacNab Street North, which overlooks the West Harbor. Newly elected Liberal MP Chad Collins, outgoing chairman of […]

Housing supply

Homebuilders tackle Canada’s housing shortage

Housing supply in Canada was falling short of demand even before COVID hit, a situation the pandemic has highlighted. It’s not that homebuilders have been idle. Housing starts over the past 12 months have been the strongest since the mid-1970s, and the number of homes under construction is at an all-time high. The problem is […]

Housing supply

Governor Newsom Signs Landmark Legislation to Boost California Housing Supply and Tackle Housing Crisis

Governor Newsom’s plan to return to California will lead to more than 84,000 new homes and an end to homelessness, including today’s announcement of $1.75 billion in housing funding affordable for new california housing accelerator SB 8 extends Housing Crisis Act of 2019 to further boost housing production SB 9 gives landlords additional tools to […]

Housing supply

Is there really a housing shortage?

Housing supply has kept pace with population growth, it’s just that there are fewer properties available for homeowners to buy, according to a real estate analyst. The post-lockdown housing market boom had seen house prices soar and the lack of supply was often cited as one of the main reasons for this. But new analysis […]

Housing sector

Inside Housing – Commentary – Housing sector set to be on war footing ahead of spending review

We also rely heavily on government support to subsidize new developments, and if we don’t get more government funding for firefighting and zero carbon, these issues will take a significant chunk of our balance sheets. The political context is not very favorable either. Unlike health and education, social housing is an easy target. Most of […]

Housing sector

The social housing sector is running out of time to meet its sustainability goals – Show House

Nine in 10 social housing construction professionals believe the sector urgently needs new government guidance if it is to successfully meet sustainability targets, new research has found. In a survey of 150 decision-makers involved in specifying building materials used for social housing developments, 88% agreed the sector cannot wait for the ongoing review of the […]

Housing report

Housing report highlights scale of crisis on Bowen Island

Eighty-four percent of residents cannot afford a new single-family home, and single-family homes make up 90% of the housing stock The housing needs report presented at the regular council meeting on Tuesday evening painted a grim picture of the island’s housing crisis. “…[It’s] the most acute affordability problem I’ve seen,” said Urbanics consultant Sophie Payne. […]

Housing report

Greater Boston Housing Report Highlights City’s Housing Challenges – News @ Northeastern

The country faces a housing crisis: There is a growing shortage of affordable housing, and tenants and landlords in many places are struggling to meet their monthly payments. The Greater Boston area is no better off. There are not enough houses for everyone; homelessness is on the rise; and modern zoning practices continue to perpetuate […]