Ontario experienced a decade’s worth of population growth in just three years. We can’t support that growth without building way more homes
The math here is grim: Our population went up by nearly 200,000, yet we started less than 38,000 homes, with the most common type being a one-bedroom or studio apartment.
Record population growth. Falling housing construction. These are the ingredients of Ontario’s housing crisis, which continues to worsen as rents across the Greater Toronto Area exceed $2,000 for a one-bedroom apartment.
The impact of population growth can hardly be overstated. In the last 36 months, the province has experienced a decade’s worth of population growth, growing by 1.2 million people. In the first six months of the year alone, Ontario’s population grew by nearly 200,000.
Read More: https://www.thestar.com/opinion/contributors/ontario-experienced-a-decades-worth-of-population-growth-in-just-three-years-we-cant-support/article_88bc8f4c-53f9-11ef-9cd7-f393809d2fb1.html