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


myths about food supplements

The most common myths about food supplements and their effects

Living a healthy life is now easier than ever thanks to the abundance of healthy food and supplement options that you can buy. In fact, the vitamins you need in your daily life can often be found inside a capsule or tablet. It’s thanks to food supplements that more and more people have access  Food

Montreal Festivals

It’s going to be an explosive summer with Montreal festivals

High vaccination rates, plus the low number of COVID-19 cases, equals the return of summer fun in Montreal which looks to be filled with Montreal festivals. The return of many of Montreal’s favourite artistic summer festivals, along with the introduction of 29 new unique cultural projects — which will run for a period of at

Mesclun Salads

Mesclun Salads – New Salad bar in St Laurent

Mesclun Salads – Priscilla Ponce was born in Chile, moved to Canada and settled in the Montreal suburb of Ville St. Laurent, where she still lives with her husband and children. Throughout her life in Montreal, she has worked in retail, in a number of restaurants as a waitress, and as a real estate broker.

SHAN Collection from Montreal

SHAN Collection from Montreal

Montreal is no slouch when it comes to the world of fashion and SHAN is certainly at the top of the list with every piece of its collections fully conceptualized and manufactured in Laval (Qc) Canada. While the house employs locally, nearly 65% of its product is exported internationally, in over 33 countries. This success

Medical marijuana for treatment

Medical marijuana for treatment. How can it cure my pain?

Medical Marijuana is like a jack of all trades, strange it may sound. Alongside its notorious myths around that, it is a weapon for high effects, many people are aware of its potent therapeutic properties. Yet, like other medical treatments, marijuana may not be the first-line choice of prescription but an alternative when other modalities

flights to Hawaii

Airline offers Canadians the most flights to Hawaii this winter

WestJet today announced significant growth to its Hawaii network, featuring more Dreamliner flight options from Western Canada to Maui and new non-stop service from Calgary to Kona and Lihue this winter. With 57 weekly roundtrip flights on 10 nonstop routes, WestJet offers more service between Canada and Hawaii than any other airline.  “With easing travel

Mtltimes Subscription

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