The lethal van assault in North York or the double deadly capturing in Vaughan this 12 months would make one think about that crime and safety top the important concern for York Region’s residents.
Nonetheless, skyrocketing housing prices are, in reality, the prime concern for York Region’s residents, based on a brand new ballot by two North York-based teams.
After surveying 1,503 Higher Toronto Space (GTA) residents, the ballot by the Building Industry and Land Development Association (BILD) and the Toronto Real Estate Board (TREB) spelled out voters’ priorities in the upcoming municipal elections on Oct. 22.
The ballot discovered the hefty price of housing is the main concern for 42 per cent of these residing in the York Region whereas the lack of infrastructure got here out as second at 37 per cent whereas crime ranked third at 30 per cent.
“The price of housing and lack of infrastructure are extra necessary than crime amongst top municipal election points in York Region,” Justin Sherwood, SVP Stakeholder Relations & Communications, BILD, instructed York Region Media Group.
Whereas a whopping 93 per cent imagine proudly owning a house is changing into troublesome to realize, about 83 per cent of respondents contemplate house possession as a top precedence.
“The vast majority of York Region residents really feel that the dream of house possession is troublesome to realize and that their kids won’t be able to develop up in the similar group they did,” Sherwood mentioned.
About 87 per cent really feel that you will need to them that younger households can afford to stay in GTA but 26 per cent really feel their kids won’t be able to afford a house in the group the place they grew up in York Region.
The influence of the price of housing additionally has a “adverse” trickle down impact, Sherwood added.
The skyrocketing prices for housing is seen as a hindrance for about 22 per cent of residents, who need to lastly personal a house, 27 per cent who must make upgrades to their present locations, and 40 per cent of those that want to avoid wasting for retirement.
York Region’s sentiments in comparison with Toronto?
The necessity for reasonably priced properties additionally tops priorities for York Region’s residents if in comparison with these residing elsewhere.
In Toronto and Peel about 39 per cent contemplate it as a important precedence whereas 31 per cent of these residing in Durham really feel that approach, and 29 per cent in Halton.
Nonetheless, throughout the board, the widespread denominator for nearly 40 per cent of respondents is that the price of housing is amongst their top-three election points, statistically tied with crime and infrastructure.
One other group warns politicians
The ballot comes on the heels of a report printed on Tuesday by the Toronto Region Board of Commerce.
The nonprofit group has not solely warned politicians over the lack of reasonably priced housing in the Higher Toronto and Hamilton Space (GTHA) but it surely has additionally urged residents to mobilize their voting energy in the upcoming municipal elections.
In the report, Toronto was described as “rapidly changing into one in every of the world’s least reasonably priced cities” regardless of an August report by the UK-based Economist Intelligence Unit (EIU), which included mega-expensive Vancouver as properly as Toronto and Calgary in its 2018 checklist of the world’s most livable cities.
The board cited the Canadian Centre for Financial Evaluation when it mentioned that GTHA’s “households spend 50 per cent or extra of their disposable revenue on shelter prices.”
The excessive price of housing is pushing 42 per cent of 800 younger professionals to depart the area, it mentioned.
The board cautioned if daring steps are usually not taken by voters and politicians alike, GTA’s total competitiveness particularly when luring international funding may very well be harmed.
“Until policy-makers facilitate the development of extra housing, we danger shedding gifted employees and well-paying jobs to different cities,” the board warned, calling for “extra reasonably priced, attainable and fascinating housing, positioned close to employment hubs and transit stations.”