The First-Time Home Buyers Crisis
The First-Time Home Buyers Crisis Policy & Technology: The Winning Combination The Affordable Housing Crisis in both the United States and Canada is garnering headlines again with policy makers garnering criticism for the underwhelming results generated thus far by much publicized national housing programs on both sides of the border. In Canada, the Office of […]
Focus Shifting to Core Issue in Affordable Housing Crisis
Focus Shifting to Core Issue in Affordable Housing Crisis Despite the sense that the housing affordability crisis can’t get much worse, the Bank of Canada Housing Affordability Index (HAI) hit a 32 year high in Q3 2022. The HAI estimates an average household needs to spend 48.8% of its income to carry a home, up […]
An Award-Winning City’s Proven Path to Housing Affordability
An Award-Winning City’s Proven Path to Housing Affordability The housing crisis across North America continues to escalate with affordability issues persisting in both Canada and the United States. One city that is getting ahead of the problem is Edmonton, AB, Canada, with a 2022 Municipal Benchmarking Study by the Canadian Home Builders’ Association ranking Edmonton […]
Solving Ontario’s Housing Crisis with People, Process, and Platform
Solving Ontario’s Housing Crisis with People, Process, and Platform With each passing month, Ontario’s affordable housing crisis becomes more severe. Across Canada, Ontario has the highest proportion of renters in Canada paying over 30% of their income on housing, and the situation worsened in Q2 2022 with residents in the GTA and Ottawa experiencing the […]
Tackling the Housing Crisis with a Modern Permitting System
Tackling the Housing Crisis with a Modern Development Approvals and Permitting System The housing affordability crisis in North America has evolved from a once concerning trend to a now pressing systemic issue. According to Harvard University’s 2022 State of the Nation’s Housing report, the U.S. has an affordable housing deficit of 3.8 million homes with […]