Day 2: SUPPLY, SUPPLY, SUPPLY: WILL TRICKLE DOWN DELIVER AFFORDABILITY?
SUPPLY, SUPPLY, SUPPLY: WILL TRICKLE DOWN DELIVER AFFORDABILITY?
The federal and provincial housing affordability strategies assume that by enabling massive new housing supply, we can achieve affordability in a competitive marketplace, albeit more for future home purchasers and tenants than those struggling now. Is it even possible to achieve the level of supply envisioned (1.5-2+ million new homes in the next decade), and if so, can a surge of supply deliver the housing affordability that our region needs?
Moderator: Jesse Helmer, Senior Research Associate, Smart Prosperity Institute
Professor Karen Chapple, Director, University of Toronto, School of Cities
Robyn Brown, Director | Sr. Practice Lead, Planning, Arcadis IBI Group
Andrew Garrett, Senior Principal, Real Estate Portfolio, IMCO and Ontario Housing Affordability Task Force Member – Appointed by Ontario’s Ministry of Municipal Affair and Housing
Robert Kavcic, Director and Senior Economist, BMO Capital Markets