Affordability has become a challenge for many living downtown Burlington
Research shows that in the last decade, Canada has been losing affordable rental units, those available to individuals making $30,000 a year or less, far faster than new ones are being built, and it's forcing some renters out of the homes and communities they know.
The public sector has not articulated plans for how to deal with the large number of renters affected. A key factor driving up rents is the shortage of supply and new units aren't being built fast enough.
If you're a sitting tenant, then the rental rates only go up by the costs of inflation. However, there is a significant increase
when a unit turns over. You can imagine there is a tremendous incentive to remove that sitting tenant.
When housing costs more than 30 per cent of a person's income, that housing is unaffordable, according to the federal government.