CanayjunJul 17

Toronto's unhoused population more than doubled in three years, reaching an estimated 15,400 last fall, according to a new city survey that calls the numbers a "crisis." #homelessness #housing #onpoli #cdnpoli via CBC

https://www.cbc.ca/news/canada/toronto/street-needs-assessment-homeless-population-toronto-1.7580073

Toronto's unhoused population more than doubled in 3 years, new city survey finds | CBC News

Toronto's unhoused population more than doubled in three years, reaching an estimated 15,400 last fall, according to a new city survey that calls the numbers a "crisis."

CBC
Show threadGordon J HoltslanderJul 18
@canayjun Canada's housing problem needs to be seen as a wealth problem, rather than a poverty problem. "in 2023, rents increased by 8% while wages grew only 5%. At the same time, the real estate sector collected $50.4 billion in profits in 2023, 40% higher than its pre-pandemic record." The more unaffordable housing becomes, the more profitable it becomes, making it even less affordable. Canada's tax policy subsidizes this
#cdnpoli https://www.taxfairness.ca/en/resources/reports/how-tax-breaks-are-worsening-canadas-housing-affordability-crisis
How tax breaks are worsening Canada’s housing affordability crisis | Canadians for Tax Fairness

Introduction

Show threadGordon J Holtslander
@canayjun It's not Canada's poor that are causing the problem, its Canada's wealthiest, the poor are its victims.
Jul 18 at 1:23amWeb
Show threadCanayjunJul 18
@pinhman agreed Gordon. 👊
Show threadGordon J HoltslanderJul 18
@canayjun Canada’s housing serves the privileged, if your income doesn’t support making a banker or landlord wealthier, it has nothing for you.
Show threadGordon J HoltslanderJul 19

@canayjun Vienna funfs its highly successful housing with tax, allowing ordinary people to live and prosper without the heavy financial burden Canadians face. The un-asked question is whether Canadians would support a tax that challenges the housing inequity so many face. https://www.cbc.ca/news/world/europe-social-housing-models-1.7565611

https://socialhousing.wien/policy/legal-framework-conditions Legal framework conditions - Socialhousing

Austria took the stigma out of social housing. Here's what Canada could learn | CBC News

While Europe struggles with similar trends to Canada of rising rents and skyrocketing home prices, experts say social housing models like Austria’s are among the best defence against a growing affordability crisis.

CBC