Widening inequities: Long-term housing aordability in the Toronto Census Metropolitan Area 1991-2016

WIDENING INEQUITIES: LONG-TERM HOUSING AFFORDABILITY IN THE TORONTO CMA 1991-2016 - WELLESLEY INSTITUTE 2 Concept: Equity in housing affordability Equity in housing affordability is conceptualized as the absence of disparities in housing affordability between socio-demographic groups. [...] When compared to the 54 per cent growth in the total number of households in the Toronto CMA during this period, this amounts to a large change in the number of households living in these stressful conditions as the population of the Toronto region has risen. [...] In the decade from 2006 to 2016, the growth in the number of households with housing affordability challenges has been almost solely in racialized households, with the number of non-racialized households holding steady. [...] WIDENING INEQUITIES: LONG-TERM HOUSING AFFORDABILITY IN THE TORONTO CMA 1991-2016 - WELLESLEY INSTITUTE 19 Conclusion The findings of this paper describe a 25-year pattern of decreasing housing affordability and persistent and widening gaps in who can afford housing in the Toronto region. [...] There is an opportunity to learn from the declining housing affordability and widening inequities of the old normal and to establish new, more equitable housing policies that support equitable housing affordability in the Toronto region post-COVID-19.