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Ontario's housing crisis worsens despite new construction, with soaring prices and rents leaving middle-income families unable to afford homes.
Ontario’s housing crisis persists despite increased construction, with rents rising 14% since 2019 and home prices exceeding $780,000 in some areas, leaving middle-income earners unable to afford housing.
High land and construction costs, slow approvals, exclusionary zoning, and inconsistent government policies hinder supply, while demand for rentals has declined for three consecutive months.
Although the federal government pledged to build 500,000 homes annually and invest in housing-enabling infrastructure, local leaders stress that sustained, coordinated action across all levels of government is essential.
A new Metroland affordability tool recommends spending no more than 28–32% of income on rent, as rising costs outpace wages, especially for vulnerable populations.
Without systemic reforms and greater investment in affordable and non-profit housing, experts warn the crisis will deepen.
La crisis de vivienda de Ontario empeora a pesar de la nueva construcción, con precios y alquileres en alza que dejan a las familias de ingresos medios sin poder pagar casas.