Will the next mayor be willing to change city policies and advance programs that create new housing?
Toronto’s ex-mayor spent his political career trying to please everyone, or at least those he deemed to be important. He was risk-averse and cautious to a fault, a cable company in human form.
the city will need to add 259,000 homes from 2021 to 2031, just to keep up with growth – which would mean increasing the current rate of homebuilding by about 50 per cent. For now, there is a large and increasing shortage of places to live., while long-time residents flee to distant cities or other provinces. Almost everyone along the spectrum of housing is feeling the impact.
No one has more power to fix this than Toronto City Hall, but doing so will be hard work. Mr. Tory’s housing plan called for investment in social housing, which is critical. But the overwhelming majority of Torontonians live in privately owned homes. We need more of those. Buildings must get bigger and taller, everywhere in the city, right now.
If the next mayor is someone else, the future is cloudier. Progressive Josh Matlow has gotten much applause in recent years vilifying the development industry. It’s unclear whether he understands the scope of the housing shortage, or that the solution will pique the displeasure of white-haired North Toronto.
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