I believe that the…

I believe that the definition of 30% of household income is should be used for Affordable Housing. Tying the definition to market value does not allow for a variety of housing types for everyone to be able to afford them. I live in Stratford and know that a lot of the tourism sector employees can not afford housing and have to live elsewhere to be able to afford housing. Many employers have supplied housing for employees, so that it is affordable for them with their income to live in. In a tourist city, we have an abundance of tourist related employees like waiters and waitresses that need to be able to afford their own housing without having to move outside of the city for cheaper accommodation. This was the definition that I always considered fair as it relates to the income being made. Starter homes are not what developers what to build, but they need to supply all residents with housing they can afford to live with. There should not be a fine for the builders if they decide not to build affordable housing either, like in what was in the news about Montreal recently. They pay the fine and build what they make more money on, but there are still people who need more affordable housing who lose out in this type of arrangement. We need to build housing for all, not just those who can pay market value or attainable? housing at 90% of market value. We need to have the younger generation be able to enter the housing market with starter homes and have the opportunity to increase the value of their home. Because we apparently need a lot of housing in the very near future, we should consider an effort like post World War II and build war time like houses that are smaller for those wanting to enter the housing market. We owe the younger generation the opportunity to buy a house and not make the idea far from their reach and means.

Housing affordability in Canada with Ontario statistics was in the news yesterday https://vancouversun.com/business/real-estate/vancouver-worst-canadian-…

It seems that the average income needs to be twice as much to be able to afford a home. We also need to have a Proportional Mixed Income inventory of homes when built, not all big and expensive as the average homeowner needs something to meet the need and the income.