Hous­ing af­ford­abil­ity across Canada’s eight big­gest cities

StarMetro Calgary - - COOL STUFF -

The City of Cal­gary recently re­leased Hous­ing in Canada’s Big Cities, a re­port com­par­ing Cal­gary’s hous­ing sup­ply and af­ford­abil­ity with seven of Canada’s largest cities: Toronto, Mon­treal, Ot­tawa, Ed­mon­ton, Mis­sis­sauga, Win­nipeg and Van­cou­ver.

Cal­gary ranks high­est for rates of homeownership and sin­gle-fam­ily hous­ing, but has the low­est sup­ply of pur­pose-built ren­tal hous­ing, non-mar­ket ren­tal hous­ing (af­ford­able hous­ing) and co-op­er­a­tive hous­ing.

While the needs of most Cal­gar­ian house­holds earn­ing $80,000 or more a year are be­ing met (only four per cent of those fam­i­lies are over­spend­ing on hous­ing), low-in­come fam­i­lies still face ma­jor chal­lenges.

The re­port finds that com­pared to other big cities in Canada, Cal­gary is the most ex­pen­sive city to live in for low-in­come house­holds.

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