Housing and homelessness

It seems barely a day goes by without a news story about BC's hot real estate market and booming residential construction. People are buying up homes faster than you can say interest rate hike, and as prices rise, home ownership is becoming more expensive -- and elusive -- for many British Columbians. But what about the thousands of people who can't afford to rent a home, let alone buy one?

While far from a failure, Canada's housing system is falling short on too many fronts. Housing assets are very unequally distributed, and contribute to a disturbingly high level of overall wealth inequality. We face serious and growing affordability problems in an increasingly unequal society, and potentially serious generational and racial divides in terms of access to housing.