My comment has to do with…

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013-4293

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20492

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Individual

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My comment has to do with compassion for people while at the same time understanding the need for being considerate for nature. Work needs to be done to ensure our ever growing population has affordable housing and have hope for their futures. Those who slam growth are usually of the older generation who own homes, what about our youth - what hope do they have under the current conditions? To get into the market at the starter entry level the cost is half a million dollars. Apartments (small one bedroom that is clean and in a good area if you are lucky) start at $1250 plus parking will be around $100 per month more! The following is a summary of articles for a 4 part series in the Niagara News published in December 2018. We need relief and maybe Bill 66 will provide some - we need help PLEASE?

The Niagara This Week Newspaper recently (December 2018) ran a 4-part series, it reports on the Niagara regions booming housing market, near zero percent apartment vacancy rates and lack of affordable housing options which is having a demoralizing effect on new home buyers and for renters entering the market in the region. The headlines in this series of articles are noted below:
• Housing 'crisis' in Niagara contrasts with signs of economic growth. Soaring home prices tied with double-digit rent spikes, plummeting vacancy rates and shelters bursting at the seams.
• Homeownership and the fear of missing out. Niagara’s rising home prices has made ownership feel unachievable for many.
• Tight market means renters hold on to what they have. Low vacancy, rising rents preventing turnover.
• No easy fix for Niagara’s housing crisis.