New Housing Alternatives

@newhousingalt.bsky.social

NHA is a Canada-wide research partnership based at UofT. Bringing together academics & community organizations from across the country, NHA explores policies and community-led alternatives that could transform Canada's inequitable housing system.

Rather than offering tax breaks & cheap financing to aggressive financial firms, governments should focus on protecting tenants and "reducing these threats" - "directing funding to help non-market actors build & acquire more homes.” - NHA's Jeremy Withers in the Vancouver Sun

jeremywithers.bsky.social@jeremywithers.bsky.social · 2mo ago

Great to talk with the Vancouver Sun about: - how concentrated the ownership of rental properties is in the hands of large financial firms, and; - these firms' track record of aggressively raising rents and evicting tenants. 🧵👇 vancouversun.com/opinion/colu...

NHA's Senior Researcher Jeremy Withers talks to The Star about Ontario's mounting bailout of developers & financial firms. $178M is more than Ontario's projected to spend on affordable housing this year. These huge investments should leave homes in the hands of communities, not financial firms.

jeremywithers.bsky.social@jeremywithers.bsky.social · 3mo ago

Great talking to The Star on Ontario’s $178M bailout of a financial firm’s 1700 unit rental project. In exchange, 340 will be priced for mid-income renters for 40 years. Thats’s $524k each. Investing in non-profit ➡️ far more stable & affordable. But Ford knows that. www.thestar.com/real-estate/...

Great talking to The Star on Ontario’s $178M bailout of a financial firm’s 1700 unit rental project. In exchange, 340 will be priced for mid-income renters for 40 years. Thats’s $524k each. Investing in non-profit ➡️ far more stable & affordable. But Ford knows that. www.thestar.com/real-estate/...

Ontario is putting up to $178 million into a stalled Toronto rental project. Is it a good investment or ‘bailout’?

The province is funding the investment for the Scarborough project through the Build Ontario Fund, a Crown agency whose mandate is to invest in infrastructure that makes a profit.

thestar.com

Our new report tracks a sharp rise in the number of neighbourhoods gentrifying across 🇨🇦 over the past two decades. City by city, we map the spread of gentrification from 1961-2021, shining a spotlight on displacement of working class communities. 🧵👇 newhousingalternatives.ca/mapping-the-...

Mapping the Gentrification of Canadian Cities 1961-2021 - New Housing Alternatives

The report maps the spread of gentrification across the inner-city of Toronto, Montreal, Vancouver, Calgary, Ottawa, Edmonton, Winnipeg, Quebec City,

newhousingalternatives.ca

Next Thursday, May 28 at noon, join us for our free webinar with Tuna Taşan-Kok, Sara Ozogul, & Andre Legarza. We're speaking about how planning, property, & investment shape housing outcomes, and what we can do to create more equitable futures. www.eventbrite.ca/e/in-convers...

In Conversation with Dr. Tuna Taşan-Kok

Join us for a conversation with Dr. Tuna Taşan-Kok diving into fresh ideas and insights from her new book: Spatial Governance Landscapes

eventbrite.ca

Out today! Our report for CMHC reveals stark differences in tenant protections across Canada, asking who might be at higher risk of eviction? We assess the strength of rent controls & eviction protections for each province & territory. newhousingalternatives.ca/jurisdiction...

Jurisdictional Differences in Eviction Risk Across Canada - New Housing Alternatives

The report reveals stark differences in the strength of tenant protections across Canada, asking who might be at higher risk of eviction?

newhousingalternatives.ca

Out today! Our report for CMHC reveals stark differences in tenant protections across Canada, asking who might be at higher risk of eviction? We assess the strength of rent controls & eviction protections for each province & territory. newhousingalternatives.ca/jurisdiction...

Jurisdictional Differences in Eviction Risk Across Canada - New Housing Alternatives

The report reveals stark differences in the strength of tenant protections across Canada, asking who might be at higher risk of eviction?

newhousingalternatives.ca

Yes but for whom? Worth noting that in Oshawa CMA, investors acquired: 38% of townhomes completed between 2021 & 2023, & 30% of those completed 2016-20. 56% of condos completed 2021-23, & 54% completed 2016-20 StatCan has yet to release data for 2024 & on (www150.statcan.gc.ca/t1/tbl1/en/c...)

Dr. Mike P. Moffatt@mikepmoffatt.bsky.social · 6mo ago

Playing around with some numbers. The combined impact of the fed-prov initiatives on HST and Development Charges can really drive down the price of housing!

Housing bail out - who benefits? A clear winner: the nearly "50 private funds & high-net-worth individuals buying...condos in batches of 40 to 50” The $2.2B HST break gives these firms "another financial incentive" to bulk buy - up to $130k per home 👇🧵 www.theglobeandmail.com/business/art...

Condo investment fund set to benefit from Ontario’s proposed tax break

Rebate gives High Art Capital a financial incentive to make bulk purchases of unsold condos to add them to the rental market

theglobeandmail.com

Ontario will offer up to $130k tax breaks for all buyers of new homes, including investors buying “rental property”. Before, the HST rebate was for 1st-time buyers. Now, it will help buyers who already own outbid those who don’t, costing the public dearly. www.ctvnews.ca/toronto/poli...

All Ontario buyers will be eligible for HST rebate on new homes for one year, Ford says

Premier Doug Ford says the province and federal government plan to temporarily expand the HST rebate for new homes in the province, allowing all buyers a rebate of up to $130,000.

ctvnews.ca

"Governments [are creating] programs to have...big players invest in more housing. Is that a misguided policy direction?" "...Building more housing is important, particularly affordable housing. The solution to affordability, though, isn't more market housing being built by financial firms."

New Housing Alternatives@newhousingalt.bsky.social · 6mo ago

Don't miss NHAs' Martine August on "Good for Cities". Her data-driven research ID's a big problem. A few huge financial firms are re-shaping 🇨🇦's rental landscape - aggressively 📈 rents & eviction rates. infrastructureinstitute.ca/engagement/g... @iiutoronto.bsky.social @uoftcities.bsky.social