By I. Aagaard, Guest Contributor
In my previous piece (MISSING: National Housing policy in Federal Elections!) I focused on affordable housing, whether or not this should be viewed as a fundamental human right, and the fact that we in Canada do not have a national housing strategy.
In this piece I’d like to pose some questions regarding “sustainable affordability” to affordable housing. By definition, “sustainable affordability” means the affordability to a decent place to live must be sustainable. To help accomplish that, one must have a greater degree of control over one’s housing costs – i.e. the profitability factor must be decreased. More Not-for-Profit and Co-Op housing would help on that front, as would home ownership. Another factor to consider is the whole business of banks lending practices when it comes to mortgages. Just look to the US and what’s happened (more…)
East York Tenants Group 