Tag Archives: Housing

Housing market in Toronto and Vancouver deemed ‘dangerously unaffordable’ News

Christiana Chan If student debt isn’t already something millennials can stress about, being able to purchase a home in two of Canada’s hottest housing markets is deemed to be “dangerously unaffordable,” according to a recent research report by RBC. Living in Canada remains affordable overall, but for those who want to purchase a single detached home

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Canada’s overvalued housing market trouble for young people Business,News

By Jonathan Rumley Beware first-time home buyers; Canada’s housing market is overvalued and that’s bad news for young people. An economic jolt similar to a stock market crash could cause prices to tumble. “The whole fear is, basically, what we’re forecasting is the fact that mortgage rates are going to go up,” Bell financial analyst

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Homelessness a danger for 9 in 10 families in low-income GTA highrises: Study News

Nine out of ten families living in low-income highhrises are at risk of becoming homeless, according to a new University of Toronto study published by Emily Paradis, a senior research associate with the University of Toronto’s Factor-Inwentash Faculty of Social Work and Cities Centre.

Student rooming house discovered in Scarborough News

The owners of a house in Scarborough are facing charges for allegedly running an illegal rooming house. On Monday, 11 people were found crammed together in one house on Military Trail across from the U of T Scarborough campus. According to the Toronto Star, officials believe it was home to foreign students who were living

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