Sentences with phrase «affordability crisis»
The phrase "affordability crisis" refers to a situation where the cost of something, such as housing or healthcare, is becoming too expensive for many people to afford. It means that the prices are too high, making it difficult for individuals or families to meet their basic needs or make ends meet. Full definition
There's a lot of talk about the housing affordability crisis faced by Millennial home buyers.
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A rental affordability crisis brewing across major cities nationwide is leading to an increase in homelessness.
But all this is happening against the backdrop of a quiet water affordability crisis.
There's a lot of talk about the housing affordability crisis faced by Millennial home buyers.
A vacancy fee wouldn't solve the housing affordability crisis in Vancouver by itself — doing that would require serious renewed public investment in social housing, to start with.
Canada's political leaders want to address the growing affordability crisis in Canada's largest housing markets.
VICTORIA — Christy Clark spent years denying that B.C.'s housing affordability crisis even exists, and now she's introducing new legislation to get rid of her bad headlines, say New Democrats.
In the long run, she says, the program will aid Portland's housing affordability crisis by lowering the monthly costs to maintain a home.
«Christy Clark has now called our housing market a «bubble» and finally admits there's a real affordability crisis for people and families, but her actions have done nothing to make the rental or purchase of a home more affordable,» Horgan said.
To address the city's escalating affordability crisis, state Sen. Adriano Espaillat, Democratic candidate in the 13th Congressional District, is unveiling a proposal to increase the federal Child and Dependent Care Tax Credit.
Hawkins said the housing affordability crisis reaches well into the upper - middle - class in New York's cities.
The research, if accurate, paints a bleak picture of a growing renter affordability crisis, with the largest increases expected among older adults, Hispanics and single - person households.
It will create affordability in the midst of what has been the greatest affordability crisis this city has ever experienced,» said Mr. de Blasio, above the din of jackhammers in the distance.
Is there really a college affordability crisis, and if so, what is its cause and exactly what action should Congress take
As the housing affordability crisis looms as the next big issue for our national housing market, an increasing number of would - be homebuyers are finding themselves unable to afford the cost of owning their own homes.
«There's no question that in Canada we are in a real affordability crisis right now,» says John Andrew, a professor of urban planning at Queen's University.
Those areas — you know, the high - barrier to entry markets — are experiencing dramatic affordability crises and the challenge is not finding people to full the units, it's finding enough units to accommodate that demand.»
«There's an urban affordability crisis fueled by a «luxury» oversupply,» Gottlieb said.
To address these problems, Vancity's report provided 16 tangible ideas on how to alleviate the housing affordability crisis in Vancouver.
Also at 12:45 p.m., Rep. Sean Patrick Maloney will join a first - time homeowner and housing experts to announce legislation to help middle class families afford rising housing costs amid a national rental affordability crisis, home of Taylor Van Dyck, 33 Ontario Ave., Middletown.
That's why REALTORS ® there have banded together to come up with solutions to the growing affordability crisis.
City Comptroller Scott Stringer on Wednesday criticizing Mayor Bill de Blasio's spending efforts to curb homelessness and his just - announced plan to address the city's affordability crisis by creating 100,000 new jobs over the next decade.
As I am sure you are well aware, there is a housing affordability crisis in Oregon.
April 24 - Real estate developers in British Columbia will soon be required to collect and report information on people buying and flipping condo presale units, as the province ramps up its crackdown on tax fraud amid an escalating housing affordability crisis.
«Politicians and tenants» groups have declared a housing affordability crisis — again — and have called for a tax on speculators» profits to cool down the frenzy.»
Green Party leader Andrew Weaver labeled it a «Band - aid solution» to the housing affordability crisis.
One paradox of the housing affordability crisis in the United States is that one of the most popular ways to create affordable housing is to tax new housing.
Stagnating incomes and soaring housing prices have led to an affordability crisis, and the government could make the argument that this should be addressed with a policy intervention.
Last week however, Clark announced another housing policy that not only fails to address any key contributing factors to the affordability crisis, but will likely make housing costs and the overheated market worse: the BC HOME Partnership Program (BCHP).
Corinne Lea, who owns and operates the movie theatre, is starting a new non-profit to help other arts and culture organizations grapple with the city's affordability crisis.
Australia: Australia, like Canada, is experiencing an affordability crisis and part of the blame is being placed on foreign buyers.
Clark was heavily criticized by opponents and the media for doing too little, too late to tax and regulate the real estate industry amid a housing affordability crisis.
Lower - priced homes are appreciating much faster than higher - priced properties, making the affordability crisis even worse, said Frank Martell, president and CEO of CoreLogic.
However, the affordability crisis on the supply side calls for federal participation, and we will be looking to the federal budget on February 27 for its commitments in this area.
Greater Vancouver is in the midst of a housing affordability crisis.
There is no silver bullet solution to Greater Vancouver's housing affordability crisis.
«Answers to the housing affordability crisis won't come without hard action, and this task force is just one part of the action we need to take.
According to Mark Fleming, First American's chief economist, «talk of an affordability crisis is over-stated.»
Home buyers today have historically high levels of house - purchasing power, and that's one important reason why, even as unadjusted house price growth exceeds household income growth, the talk of an affordability crisis is over-stated for now.»
The lack of supply is further raising concerns about an affordability crisis.
The anger of the consumer was a lightening rod for the politicians, who have struggled with identifying the causes and solutions for the affordability crisis that has befallen the Greater Vancouver Region.
«Your inaction over the past two years has created an affordability crisis in the Lower Mainland real estate market.
VANCOUVER — The Christy Clark government is holding a summer sitting of the legislature to do the bare minimum to make bad headlines go away about the housing affordability crisis, while being careful to not anger their top donors.
VICTORIA — The Christy Clark government is failing to protect an increasingly vulnerable senior population from the effects of the affordability crisis, say the New Democrats.
But it doesn't solve the affordability crisis, particularly in Toronto where half the renters in Ontario live, said Todorow.
VICTORIA — Christy Clark's affordability crisis is forcing more and more people to turn to expensive payday loans, says New Democrat MLA Rob Fleming.
«It's a shift that signals that the city is becoming more aggressive in its efforts to combat its affordability crisis,» Trulia reported.