91
submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca

It may be several years yet before home prices fall back into an affordable range for the average Canadian, according to Oxford Economics.

you are viewing a single comment's thread
view the rest of the comments
[-] Dewbs84@beehaw.org 5 points 1 year ago

Are you talking about Canada explicitly? Cause according to this article there’s about 28 vacant homes per every by homeless person (but this is for the US):

https://unitedwaynca.org/blog/vacant-homes-vs-homelessness-by-city/

[-] LostWon@lemmy.ca 6 points 1 year ago* (last edited 1 year ago)

It's similar for Canada.

Quote from 1st link below:

Even more disturbing are the figures comparing vacant homes to the homeless population of a given country. While Canada ranks lower on this list at 13, it is still not a ranking that we should be proud of at all. It would take just 9% of the over 1.3 million vacant homes in Canada to give every homeless person in the country a place to live.

https://betterdwelling.com/new-data-shows-canada-still-has-1-3-million-vacant-homes-some-improvements-seen/

Also of possible interest, a comparison of some major Canadian and US cities:

https://homefreesociology.com/2022/02/15/unoccupied-canada/

[-] EhForumUser@lemmy.ca 2 points 1 year ago* (last edited 1 year ago)

A house being vacant doesn't mean it is available.

this post was submitted on 11 Aug 2023
91 points (97.9% liked)

Canada

7196 readers
497 users here now

What's going on Canada?



Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities


🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities


💵 Finance / Shopping


🗣️ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS