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


How to transfer money

How to transfer money from one Bank to another

Advancements in technology have made it easier for people to move money from one payment platform to another. The increased penetration of the internet has made online money transfer a favourite option for those who don’t like handling cash. Many people have bank accounts in different financial and investment institutions. It could be a savings

Psychic reading

Here are four pointers to receiving legitimate psychic reading

Psychic reading refers to special sessions where a person with psychic gifts helps a client focus on what their future life will be like while dealing with current problems. It is essential to be patient in your search and hire a person with a gift rather than the first fraud with a website that pops

Montreal’s drinking water quality

How is Montreal’s drinking water quality?

As a historic city, Montreal is home to some of the country’s most picturesque streets and urban architecture. But all that history suggests there may be aging infrastructure behind those pretty facades. So how well does the city’s drinking water compare to other parts of Canada, in other words, how is Montreal’s drinking water quality?

Balarama Holness

Balarama Holness running for Montreal Mayor

For many, Balarama Holness will always be the former Canadian football safety who won the Grey Cup Championship with the Montreal Alouettes in 2010 despite the fact that a  series of injuries cut short his football career. A few years ago, Montrealers got to take another look at the local star athlete when Holness represented Projet Montréal in the 2017

I'M YOUR MAN

I’M YOUR MAN: Love and robotics

I’M YOUR MAN – This film, directed by Maria Schrader, is Germany’s entry in the Foreign Language section of the Oscars for 2022 (its original German title is “Ich bin dein Mensch”). It is a comedy that touches on some very relevant issues in these highly technological times. Alma (Maren Eggert) is an accomplished researcher

James Bond movies

Life lessons James Bond movies have taught us

So many generations have grown up with James Bond movies by now. The suave British super spy has been in the centre of cinematic attention for over fifty years. The action-packed films aren’t all about the nerve-twisting chases and way more than fifty shades of cool, though. As a character, James Bond has a certain

Mtltimes Subscription

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