Homelessness And Housing Affordability

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The threshold figure which represents percentage of household income spent on shelter which is 30% or more for their house. According to Walks article on ‘Homelessness, housing Affordability, and the New Poverty’ suggest that there are several low- income families facing housing affordability stress. At a time where we’d think that the economy is holding and people should be generating enough income to put towards their housing, mortgage, utilities, and property taxes that is not the case. A Financial Post article from September of 2013, gives a glimpse of what Canadians are facing in terms of housing affordability problems and stresses. The article talked about a couple in Ottawa in their late 20s who have to give up their car and sell some

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