For the last 10 days of 2015, the Angus Reid Institute is counting down our top 10 stories of the year, based on the total number of page views they received at angusreid.org. This is number 6.
With concerns over affordability, foreign ownership, and transportation grabbing headlines in two of the nation’s largest metro areas, the Angus Reid Institute set out to measure the effect of housing and transit woes on the population with region-specific studies in Metro Vancouver and the Greater Toronto Area.
While residents of these cities identify different issues as their top concern (housing is the biggest issue for Metro Vancouverites, while transit dominates the GTA agenda), the net result is the same:
Large majorities in each city say high home prices are hurting the region (79% in Vancouver and 61% in Toronto), and respondents are nearly unanimous in their concern that the next generation won’t be able to afford a home in their cities (87% in Vancouver; 84% in Toronto).
There is good reason for this concern, as a significant number of people – especially those under 35 – in each city say they are seriously considering leaving.
Read the full stories for yourself:
June 18, 2015: Lotusland Blues: One-in-five Metro Vancouverites experience extreme housing & traffic pain; most of them think of leaving
Sept 4, 2015: GTA woes: Transit top concern for residents; housing costs threaten to push millennials out
Image Credits: Prayitno (Toronto) and Michael Whyte (Vancouver)