The phrase
"unaffordable housing" means that the cost of housing, such as buying or renting a home, is too expensive for many people to afford.
Full definition
Vancouver has the second most
unaffordable housing market in the world after Hong Kong, according to a new study of major property markets.
In San Francisco, one of the
most unaffordable housing markets in the country, homes valued at $ 1 million or more now make up two - thirds of the housing market — triple the share in 2012.
In 14 large US metros, rent takes up more than 30 % of the median income, widely considered the standard
for unaffordable housing costs.
Denton and Collin County also rank relatively high on the list
of unaffordable housing markets due to big increases in local home prices during the past few years.
«Democrats also believe that we should provide more federal resources to the people struggling most
with unaffordable housing: low - income families, people with disabilities, veterans, and the elderly,» stated the draft document.
There's been a lot of talk as of late about
how unaffordable housing is in Canada's two hottest markets: Toronto and Vancouver.
The tech industry is better known in its Silicon Valley backyard for contributing to rather than solving urban problems
like unaffordable housing and traffic.
Unaffordable housing causes tons of problem, and lowers the standard of living in many ways, for example: several children sharing small bedrooms, not being able to move to get a better job, or simply get a job at all, or study, losing hours in transportation everyday, etc..
In a very perverse way, prison is a form of secure, affordable housing for many prisoners who have had insecure, unsuitable or
unaffordable housing prior to their incarceration.
International real estate professionals attending the first Vancouver RED Talks, a series of real estate and development panel discussions, told a crowd of local sales reps and brokers that prices of real estate in Vancouver — a place considered the
second-most unaffordable housing market in the world — don't compare to hotspots like London and Los Angeles.
In this episode we talk about who's moving to Victoria, whether or not foreigners are to blame
for unaffordable housing and some of the racism and challenges Tony has faced as a Chinese Realtor in British Columbia.
Although the rate of increase has been more muted in recent years, homebuyers are disgruntled about
how unaffordable houses are.
One school is building 140 - square - foot micro-housing units for students in Vancouver, Canada, which is ranked as having one of the
most unaffordable housing markets in the world.
In the meantime, Brooklyn may be associated with a hipster image, but it was actually declared the most
unaffordable housing market in the U.S. in 2015.
The flip side of all those big property value gains is
unaffordable housing and overly indebted families.
Unaffordable housing is largely a political problem — we haven't developed the societal consensus to build enough of it.
Unaffordable housing is often a sign of strong investment demand from abroad, tight zoning and rental market regulations.
«Whether it is
unaffordable housing, cuts to school classrooms, leaving seniors to suffer in understaffed care homes, long waits for basic healthcare, the lack of family doctors, or hallway medicine — ordinary individuals and families have paid the price for Christy Clark's tax cuts to the rich,» said Horgan.
Unaffordable housing, substandard education, unjust laws, crime and fatherlessness are all at epidemic levels.
«There was nothing for the young who continue to face the worst job market in decades and
unaffordable housing.
13th Annual Demographia International Housing Affordability Survey: «High house prices are not a sign of city's success but a sign of failure...,» He also asserts that, without the «slightest doubt,
unaffordable housing is almost everywhere and every time caused by the same factor: housing supply restrictions.»
Faced with
an unaffordable housing market, forced to live in squalor, with tax break cuts and benefits slashed and inequality rates rising, it's no small wonder that some chose to channel their frustrations in violent or otherwise extremist ways in a pursuit of meaning.
He insists an ambitious programme of reform can win over ordinary voters, saying: «The real middle Britain — of insecure self - employment, rip - off private pensions,
unaffordable housing, mounting tuition fee debt and crisis - ridden social care — is crying out for a Labour government committed to fundamental reform.»
Labour's Lucy Powell, who sits on the education select committee, said with wages not rising,
unaffordable housing and job insecurity, social mobility seemed to be going backwards.
Attendance suffers when families are struggling to keep up with the routine of school despite the lack of reliable transportation, working long hours in poorly paid jobs with little flexibility, unstable and
unaffordable housing, inadequate health care and escalating community violence.
It could be due, in part, to
unaffordable housing in downtown city cores and young people being forced away from neighborhoods where it's easier to meet up in parks or other (free) public spaces.
Cassandra Goldie, head of ACOSS, said low incomes, workforce casualisation, erosion of social security and
unaffordable housing were stretching Australians to their limit, with some three million people now living in poverty.
Croakey was not, for example, able to identify emoji for climate change, health impacts of climate change, the social determinants of health, racism, health equity, Indigenous health, cultural safety, human rights, primary healthcare, universal healthcare,
unaffordable housing, overincarceration or for public health and population health.