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'It’s simply not possible': Why home ownership is out of reach for millennials in Toronto

Monday Aug 1st, 2016


It's interesting to see the demand for homes for sale in Georgina and York Region that has resulted, consequence to the following article. Via BNN Millennials need to adjust their expectations when it comes to living in single-family homes, according to Toronto’s chief city planner. “The reality is not everyone can live in a ground-oriented, single-family home. It’s simply not possible,” Jennifer Keesmaat told BNN in an interview. “There’s not... [read more]

Blame Ontario Liberals for runaway home prices: urban planning expert

Wednesday Jul 6th, 2016


Content via BNN Rapidly accelerating home prices in the Greater Toronto Area have in large part been caused by Ontario government policy, one urban planning expert argues. Real estate prices in Canada’s largest city jumped 16.8 per cent in June, according to data released Wednesday by the Toronto Real Estate Board, with the industry group pointing to supply constraints as the key culprit. Frank Clayton, senior research fellow at Ryerson University’s Centre for Urban... [read more]