This presentation critically analyzes the relationship between housing and inequality. Michael Shapcott, Director of Housing and Innovation www.wellesleyinstitute.com Follow us on twitter @wellesleyWI

1. Housing
and
inequality
Michael Shapcott
The Wellesley Institute
economicinequality.ca
June 26, 2012

2. Typical two-bedroom apt:
$44,920 household income
Entry level condominium:
$70,600 household income
20% of h/hs <$18,000
50% of h/hs <$41,000

3. Toronto affordable housing wait list
8 213
85000 8
80000
75000
70000
6379 1
65000
60000
2004
2005
2006
2007
2008
2009
2010
2011
January 2012 – 82,610
February 2012 – 82,756
March 2012 – 83,681
April 2012 – 84,075
May 2012 – 85,088

4. For renters, average market rents are
outpacing renter household incomes
Housing benefit
Rent regulation
L/L subsidies / credits
Inclusionary housing
RGI subsidies
Co-op / NP housing
Social finance
Housing rights for all

5. Cuts to federal
housing
investments…

6. When the feds
cut a dollar in
housing
investments…
…Ontario
cuts a
dollar (or
more)

7. Don Drummond
Recommendation 19-14: Ontario
should negotiate with federal
government to commit to housing
framework for Canada that includes
adequate, stable, long-term federal
funding and encourages housing
partners and stakeholders, including
municipal governments, to work
with federal government to secure
this commitment.
Municipal Infrastructure About 40 per cent of public
infrastructure in Ontario is owned by the province’s 444
municipalities. Assets include roads and bridges, water and
wastewater infrastructure, transit systems, affordable/social
housing, solid waste facilities, public buildings, Conservation
Authority infrastructure, and land... Municipalities are
responsible for maintaining their infrastructure... The province
also has an ongoing obligation to help ensure the safety and
sustainability of municipal infrastructure.

8. Canada’s dynamic
community sector

9. YWCA Elm Centre

10. Canada’s dynamic
private sector

11. http://www.caeh.ca/

14. http://www.inclusionaryhousing.ca/

15. www.wellesleyinstitute.com
Thank you!