Montreal affordable housing crisis

Montreal-affordable-housing-crisis

It is not easy to find housing in Montreal, where the vacancy rate has reached its lowest level in several years. The situation has turned the search for an apartment into a mad rush. It even threatens the city’s reputation for affordable rents, according to tenants’ rights advocates.

What Airbnb’s got to do with it?

An economist at the Canada Mortgage and Housing Corporation, Francis Cortellino, said the vacancy rate had fallen to 1.9% in 2018. According to him, this situation is due to the mass arrival of non-permanent residents such as temporary workers, foreign students or refugees. This rate has declined even though the number of rental housing projects reached a record 10,000 last year.

A community organizer of the People’s Organization, Information and Consolidation Project (POPIR), Patricia Viannay, mentioned other factors. Her organization has seen an increase in the number of evictions for alleged major renovations, a means used by landlords to circumvent provincial eviction and rent increase rules. The renoviction neologism has even been invented because of this.

Montreal affordable housing crisis – Slumlords Millionaires

She says that some landlords create housing shortages by not renting their apartments, adding that these some even prefer to leave a dwelling empty or rent it on Airbnb so that they can later raise the rent significantly.

POPIR is well-aware of the effects of gentrification in a neighbourhood. The community group had to move its penthouses after the new owner of the building where it had been located for 50 years increased the rent beyond its means.

Is Montreal, the next Vancouver?

Robert Beaudry, head of economic and commercial development, housing and design for the City of Montreal’s executive committee, pointed out that the City was aware of the pressure exerted on tenants. The municipal authorities have no intention of letting Montreal resemble Toronto or Vancouver, where the average rent exceeds $1300, as compared to $796 in the Quebec metropolis. Still, Montrealer’s marked almost a 10% increase on the rental market in 2019.

In recent months, the City has decided to limit short-term leases such as those proposed on the Airbnb site by tightening regulations. It has also put in place a plan to renovate aging buildings and has promised to create 12,000 new social and affordable housing units by 2021. This remains to be seen…

The future is now

There is a significant need for social housing in Montreal. It will never be too early to fix the situation when it is believed that nearly 100,000 people are paying too much for housing.

Until then, the problem will only get worse because of the current housing shortage. More and more families are finding themselves crammed into dwellings that are too small or must settle far from their roots.

By: Pascal DesLauriers – info@mtltimes.ca

Other articles:

Montreal Real Estate attracts out-of-province and international buyers

FSBO – For Sale By Owner? Buyer and seller beware…

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email
Is it possible to get an A for a 5-paragraph essay assignment in 1 hour? We can safely say yes, a student can get an A+ mark if he turns to EduJungles


safety gear

Five pieces of safety gear you should always have handy at the cottage

The cottage is a place to unwind and get some relaxation in; however, owning a cottage also comes with its share of responsibilities to ensure upkeep and maintenance. Safety gear needed for falling branches, shovelling snow, roof repairs, pest prevention, and raking leaves are all just part of the deal when you sign on for

mobile applications

Why have mobile applications become a game changer for businesses?

mobile applications – Every business owner might know that business is all about reciprocation. We all know how the internet and technology have brought tremendous and recommendable changes to business and its operations. Today, businesses reach a competitive edge in the markets through different social media platforms. Apart from that, there are also many other

New Montreal snowpark

New Montreal snowpark at Olympic Park to practice your moves

Vans is proud to partner with the Dillon Ojo Lifeline Foundation and the Montreal Olympic Park to allow snowboarders to practice their sport at no cost in the center of the city with the creation of the Dillon Ojo Snowpark, within the Olympic Park, beside the Morgan trail, at the foot of the Tower. Now

Free tarot reading websites

How genuine are free tarot reading websites?

Nowadays, the most common question is “How accurate or genuine are online/Websites for free tarot readings?” In general, that question depends on what you define as FreeTarot. Generally, websites for a free tarot reading online are based on algorithms to shuffle and you would use your mouse to deal with the cards you select into

Tax Tip

CDN Tax Tip – What students need to know this tax season

/ – As a student, you may have many questions about taxes and might be filing an income tax and benefit return for the first time. We understand that many students have unique personal and financial situations, especially given the last year. Let’s make sure you don’t miss out on benefits and credits to which

Plant of Life

Plant of Life: Your New Year’s Resolution for natural wellness

Plant of Life – The new year of 2022 is upon us. That means people have made many resolutions in order to better their lives and lifestyles with natural wellness, which they hope to at least live up to by the end of January, let alone the rest of the year. The majority of new

Mtltimes Subscription

The latest on what’s moving Montreal and the world – delivered straight to your inbox