Recognize housing is a right.........
Use the city’s regulatory and planning powers to make more housing affordable. Cities like Vancouver and San Francisco use tools like vacancy taxes and antispeculation bylaws to keep housing more affordable. We can too. We can also leverage the housing boom better. Toronto tends to get about 10 per cent of revenue created when it permits a new 40-storey highrise, far less than the 70 per cent Vancouver gets. Let’s stop selling Toronto short.
Use the city’s regulatory and planning powers to make more housing affordable. Cities like Vancouver and San Francisco use tools like vacancy taxes and antispeculation bylaws to keep housing more affordable. We can too. We can also leverage the housing boom better. Toronto tends to get about 10 per cent of revenue created when it permits a new 40-storey highrise, far less than the 70 per cent Vancouver gets. Let’s stop selling Toronto short.