Sentences with phrase «housing affordability problem»

«For the first time, we have not just a housing affordability problem for young households that want to start to move up the ladder, but for repeat buyers,» she explained.

This panel will engage business leaders and economists to explore the economic implications of our region's housing affordability problem.

Over time, this kind of economic mismatch can lead to housing affordability problems.

«Reforming regulations to encourage new building won't be easy, but city governments have policy levers at their disposal to help alleviate housing affordability problems in Canada's major cities,» Green said.

There are vulnerable markets today, particularly those facing entrenched housing affordability problems such as some in California and Florida.

Not exact matches

All along, Canada's purported housing bubble has posed two public - policy problems: affordability and financial risk.

This problem is exacerbated by non-local buyers purchasing houses as speculative investments and not actually occupying them, a practice which further reduces housing affordability by removing housing stock from the market.

But if policy - makers want to actually address the root causes of lack of affordability, they should focus on the core problems with the housing market.

For example, poor transit infrastructure, poor housing affordability and the dwindling availability of industrial land are problems that are not specific to a single municipality — they affect the entire Greater Vancouver region.

In fact, house values have risen faster than job wages, and that has created affordability problems for buyers in some parts of the country.

Interviews with a representative sampling of the city's renting population indicate that 57 percent of households have had trouble finding rental housing and that affordability is the main problem for nearly half of these.

To help address the city's housing, homelessness and affordability problem, Gov. Andrew Cuomo on Thursday announced «Vital Brooklyn,» a program through which he proposed spending $ 1.4 billion in the borough.

Mrs Barker proposed a massive expansion of house building to counter the problem of house price affordability, which has left aspirant homeowners in 8 out of 10 British towns unable to mount the property ladder.

In her view, that is probably just a start, because the inadequate funding of other social programs — Medicaid, childcare support, food stamps, housing assistance — compounds the college affordability problem for low - income families.

«Politicians are tempted to help first - time homebuyers enter the market, but low down payments may be part of the problem, adding to affordability pressures and macro-economic vulnerabilities,» said Evan Siddall, president and CEO of Canada Mortgage and Housing Corp..

The report, titled «Vancouver's Housing Affordability Crisis: Causes, Consequences and Conclusions,» says political inaction has allowed the problem to grow.

To address these problems, Vancity's report provided 16 tangible ideas on how to alleviate the housing affordability crisis in Vancouver.

But the question remains: Is the real problem market sustainability — or housing affordability?

New Duty to Serve plan aims to expand affordability and address America's most persistent housing problems

Housing affordability for the wealthy is not a problem.

We've followed the small living movement in our «Tiny house trends series,» which has featured traditional homebuilders switching over to tiny homes, companies finding untapped demand in the small home market, residents of the first public tiny house community in the country seeing the movement evolve, and an architect who wants to adapt the trend to address problems of urban infill and a lack of affordability.

REALTORS ® surveyed in the National Association of REALTORS ® (NAR) Member Profile attributed transactions lost to «difficulty finding the right property» and «housing affordability,» while 62 percent of real estate brokers surveyed in RISMedia's 2017 Power Broker Report believe scarce supply is currently their most pressing problem.

Low housing turnover is one of the roots of the ongoing supply and affordability problems plaguing many markets.»

«There is still a supply - and - demand problem, mortgage rates are still on the rise, affordability remains an issue in many major markets, and the wider - ranging effects of the new tax plan are still unknown — so it's unclear whether this slowed growth will lead to housing market price plateaus or declines, but the conditions are certainly in place for that potential outcome.»

The federal government is currently developing a national housing strategy to address the affordability problem.

The biggest problem in terms of housing and housing affordability is that it costs too much to build housing.

Statistic Canada says those who spend 30 per cent or more of their household income on shelter may do so by choice or they may be at risk of experiencing problems related to housing affordability.

Increased rents and stagnant wage growth leads to a problem of affordability for many renters, and a separate conversation about Affordable Housing, what it is and how it works.

Affordability problems for renters have skyrocketed over the past decade both in number and the share of renters facing them, according to a new report on rental housing from the Harvard Joint Center for Housing Shousing from the Harvard Joint Center for Housing SHousing Studies.

Additional findings reported by NAHB show that few owners and renters of inadequate units also have problems with housing affordability (paying 30 percent or more of income for housing), so they represent a net increase in the count of Americans with housing problems.

New Duty to Serve plan aims to expand affordability and address America's most persistent housing problems