Read a downloadable PDF: Future of Housing
Read online as magazine: Future of Housing
In one year, the average price for a detached home in Perth and Huron Counties increased over 35% to $549,000. At the same time, rent for a two-bedroom unit has increased by 18% to over $1,200 a month. Provision of adequate and attainable housing is one of the most critical issues facing our communities. This report presents a detailed overview of the housing crisis across Perth and Huron Counties. More specifically, by presenting recent data on market trends, population projections, income and workforce and an explanation of the changing expectations of the workforce, four actions are proposed: 1) Education Campaign, 2) Workforce Attraction & Retention 3) Collaboration, Consolidation and Clarity of Direction and 4) Potential BIG System Change. It is critical that all levels of government collaborate to tackle the housing crisis to ensure all residents from our communities have access to adequate and accessible housing.
