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Vote-rich, house-poor: How the federal parties plan to improve GTA housing affordability

Vote-rich, house-poor: How the federal parties plan to improve GTA housing affordability

CTV
Wednesday, September 15, 2021 01:08:56 AM UTC

As Election Day nears, CTV News Toronto is taking a deeper look into the issues that matter most to local voters. This is what each federal party has put forth to address housing affordability in the GTA.

The semi for sale on Coxwell Ave. needs work; the listing highlights its “strong bones” as an opportunity to renovate. But the small home, a prospective gut-job, will likely fetch a million dollars for its sellers.

“It’s run of the mill here, it’s run of the mill in Markham, it’s run of the mill in Newmarket—the GTA,” neighbour Sean Keay says of the price tag, as he eyes the exterior from the sidewalk.

“For buyers, it is very difficult,” broker Shabana Raja told CTV News Toronto.

“The supply and demand is just out of balance.”

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