Tag: housing crisis

Canada’s Housing Market Is ‘Very Vulnerable’, Finance Committee Hears

The Canadian housing market has reached a “very high degree of vulnerability,” heard the House of Commons Finance Committee Friday as it met to discuss inflation and the significant increase in housing cost. This vulnerability assessment was made by Romy Bowers, president and CEO of the Canada Mortgage and Housing Corporation (CHMC), Canada’s housing agency….


Why California University Students Are Facing a Housing Crisis | Robin Unander

Students in California universities are experiencing a housing crisis, with a number of them living in hotels. Some are even living in their cars. UC Santa Barbara is among one of these universities. Some people blame this university for enrolling too many students. But the university says that is not the case. My guest is…


University Housing Crisis Looms, Some UCSB Students Live in Cars and Hotels

SANTA BARBARA, Calif.—Challenges have emerged in the Isla Vista rental market, surrounding the University of California–Santa Barbara (UCSB) prompting some students to live in cars and hotels. In 2019, UCSB undergraduate enrollment reached an all-time high, with 23,349 students enrolled for the fall term. Undergraduate enrollment remained steady for the 2020-2021 school year with over…


Election Day: Trudeau Wants Vaccination for All; O’Toole Warns About Trudeau’s Track Record

Hot-topic issues like the pandemic and vaccination, skyrocketing house prices, and indigenous reconciliation have driven the debate these past few weeks in the federal election campaign, and today voters will choose what matters most to them and who they think will actually deliver on their promises. Party leaders concluded their campaigning on Sept. 19 with…


Housing Policy Mismanaged at All Government Levels, Critics Say

Soaring house prices have made buying a home difficult for Canadians, a situation experts attribute to various factors including policies at the federal, provincial, and municipal levels. Carleton University business professor Ian Lee is a former Bank of Montreal mortgage manager and pays close attention to housing markets and policy. “The housing crisis is not…


Australian Housing Values Rise to Record Levels as Affordability Crisis Worsens

The value of Australian houses rose by $450 million in the March quarter, the highest rise on record, bringing renewed calls for action to address the growing housing affordability crisis. According to the latest figures by the Australian Bureau of Statistics (ABS), Australian residential dwellings surpassed $8 trillion for the first time. New South Wales…


California Pushes More Housing, but Will It Solve the Affordability Crisis? | John Mirisch

California is one of the most expensive housing markets in the country…making it really hard for a lot of people to buy a home… Beverly Hills City Councilman John Mirisch, who also served as Mayor for three terms, discusses why he thinks California is not having a housing crisis… but an “affordability crisis.” California Insider is…