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Expert Advisory - Toronto faces shortage of family-friendly condos

Wednesday, November 8, 2017

Several UWaterloo experts from the Faculty of Environment are available to discuss the survey of 18- to 39-year-olds for the Toronto Region Board of Trade that all areas of the city need to make room for denser housing such as bigger condos, townhouses, laneway homes and granny suites.

Brian Doucet — School of Planning

Brian Doucet is a professor in the School of Planning specializing in gentrification, neighbourhood change, and urban inequalities.

“Building housing for the needs of investors or speculators is fundamentally different than housing for people to live in. Everyone complains about house prices in Toronto, but people don’t think about -- perhaps radical -- steps to counter that. The question is who is the city for? And who decides? It takes civic vision, to build a city for the people who live there or want to live there.” – Brian Doucet

Markus Moos — School of Planning

Markus Moos is a professor in the School of Planning whose work looks at the housing and location decisions of Millennials.

“We’ve confirmed an out movement of young adults with children from the downtowns of Canada’s largest cities. The youthification of downtown neighbourhoods is whereby places increasingly cater to the young adult demographic, resulting in ‘cities forever young’. We’ve also found increasing generational (and age) segregation in cities in part due to housing market processes. Government policies at the local level may not be sufficient to address the shortage of larger housing, and greater provincial and federal involvement in the housing arena is required.”

Nancy Worth — School of Geography

Nancy Worth is a professor in Geography and Environmental Management; a feminist economic geographer who is interested in young people remaining in the parental home, leading to a slower process of downsizing for parents.

“Almost half of young adults (20-34) in Toronto live with their parents—this co-residence is changing what housing is available in Toronto and what young adults are able to buy.

Co-residence with parents gives some young adults the ability to save up a down payment, and get on the property ladder.  But also, with such a large group of people living at home, some parents are putting off downsizing, leading to fewer family sized homes on the market.”

About the University of Waterloo
University of Waterloo is Canada’s top innovation university. With more than 36,000 students we are home to the world's largest co-operative education system of its kind. Our unmatched entrepreneurial culture, combined with an intensive focus on research, powers one of the top innovation hubs in the world. Find out more at uwaterloo.ca.

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Media Contact:

Matthew Grant
University of Waterloo
226-929-7627
 

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