Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
What are some of the factors contributing to the increase in housing prices in Kitchener?
What are some of the factors contributing to the increase in housing prices in Kitchener?
Why is the current housing system not working according to the text? Answer: The current housing system is not working because people are unable to afford to buy or rent homes due to the increase in housing costs.
Flashcards are hidden until you start studying
Study Notes
- Housing prices in Kitchener are increasing due to various factors
- These factors include people leaving the Greater Toronto Area, young people staying after graduation, new businesses setting up, and people buying real estate as an investment
- These factors contribute to an increase in housing costs, making it difficult for people to afford homes
- The system is not working, as people are unable to afford to buy or rent homes
- More affordable housing units are needed, including government-subsidized and private market housing
- Community housing provided by the non-profit sector is also necessary
- The report calls for the development of over 8,000 new affordable rental housing units and 3,000 new units of community housing
- Affordable housing is defined as housing that doesn't cost more than 30% of a household's budget
- Sandra Robertson, who lives in affordable housing, worries about young people trying to make ends meet
- Between 250 to 750 supportive housing units are also needed, according to the report.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
