We Need Affordable Housing

Affordable Housing for Moderate to Middle-Income Earners: Why It Matters Over the past 10 years, housing prices in Ontario have tripled, outpacing income growth by a significant margin. The housing affordability crisis is deepening, particularly for moderate-income earners. Families earning between $50,000 and $100,000 are being squeezed by skyrocketing rents and home prices. In Ontario, average home prices have surged to over $1.1 million, while rent for a one-bedroom apartment in Toronto is pushing past $2,500/month. As a result, many middle-income earners are now spending 45% to 70% and more of their income on housing—far beyond the 30% threshold that is deemed affordable. Existing programs primarily support low-income earners, leaving moderate-income households with few options. With demand for housing continuing to rise and supply failing to keep up, the situation is rapidly worsening. These families are increasingly being left behind. The housing crisis is not just an economic issue—it's a health issue. Access to affordable housing is a critical factor in determining overall well-being. Yet, moderate to middle-income earners are being sidelined, unable to secure stable, affordable homes. If this trend continues, more and more families will face financial instability and health challenges, with no support in sight. It's clear: the system is broken, and urgent action is needed to address the growing needs of this crucial segment of our population.