This Week in Housing News: Homelessness and Hot Housing Markets

Homelessness Plans leave women and girls out in the cold

The Women Transforming Cities campaign brings attention to the specific needs of homeless women and girls.  They are often left out of homeless counts as they are forced to stay off the street and hide for safety.  (Women Transforming Cities)

 

Bringing Justice to Housing Costs: Interview with Penny Gurstein & Margot Young

In this interview with the two co-principal investigators on the Housing Justice Project, Penny Gurstein and Margot Young explain how candidates in the municipal elections could work to improve housing affordability in our city.  (UBC)

 

 

Young Vancouverites fleeing to more affordable pastures

Penny Gurstein talks to Metro News about the trend of young people leaving Vancouver for more affordable cities.  A combination of low wages, rising unemployment, and increasing land prices have encouraged young people to move to cities such as Calgary, Winnipeg, and Toronto.  (Metro)

 

Income Inequality Update from @Hulchanksi

University of Toronto professor and housing advocate David Hulchanski shares an update to the income inequality situation in Vanada.  Vancouver, Toronto, and Calgary are the Canadian cities where the top 1% of earners make most of the total annual income.  (Twitter)

 

A New Model for Affordable Housing

The New York Times explores the example of the Astoria Cove development in New York to illustrate how cities can use zoning to leverage developers to include social housing.  After weeks of negotiations with the developer, New York city council approved a development with 27% affordable housing (up from 20%), including units for as low as $800 a month.  (The New York Times)

 

A House is Not a Credit Card

Bethany McLean explores the troubling trend of people refinancing their mortgages and taking on extra debt in order to receive the difference in cash.  Essentially, they’re taking on credit, using their homes like a credit card.  (The New York Times)

 

 

Home prices surge in Calgary, Toronto, Vancouver (and, oh, Hamilton)

Indicators for housing prices show a recent increase in some Canadian markets, including Vancouver, Toronto and Calgary.  (The Globe & Mail)