NewInHomes: 5 ways the province can improve housing affordability for millennials

Industry leaders are calling on the Ford government to take action to implement solutions to make it easier and more efficient to bring much-needed housing supply to market. The goal is to improve housing affordability specifically for millennials.  Members of the Ontario Real Estate Association (OREA), Ontario Home Builders Association (OHBA) and the Federation of Rental-Housing Providers of Ontario (FRPO) gathered at the second annual Housing Summit event to discuss potential solutions. OREA, OHBA, and FRPO members were joined by economists, academics, MPPS, other industry leaders, and senior government officials, including the Minister of Municipal Affairs and Housing, Steve Clark. “Keeping the dream of homeownership alive in Ontario requires bold policies and action from the provincial government,” says Tim Hudak, Chief Executive Officer, OREA. “First and foremost, to get more new homes in the marketplace, the building approvals process must be streamlined and zoning updated to allow for more homes in the right places. The best and fastest way to give Ontario’s first-time homebuyers a break is to eliminate the punishing land transfer tax for first-time buyers.” Read More....


  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988