| If Trudeau wants to fix housing, London is a good place to start

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Set against the need for 3.5 million new homes, Wednesday's announcement in London, Ont., might not seem like much. But it's a start. And the Liberals desperately need to show that they are at least starting to solve the problem.

, a think-tank focused on housing policy — that is the result of a confluence of factors.

The wave of migration began to hit London in 2016 and prices started to climb rapidly as a result. Then the pandemic hit, and the combination of low interest rates and increased personal savings resulted in another spike in prices.median price for a single-detached home in the London areaLondon is also an example of how housing affordability can exacerbate and overlap with other problems. The city's struggles with homelessness and drug addiction are now glaring.

"We told municipalities they could access these funds with bold plans to eliminate red tape and remove barriers," Trudeau said, later adding a "challenge" to other mayors to follow the lead of Morgan."The reality is, over the course of generations, we've seen different communities across the country make decisions that actively restrict the ability of communities to build houses for their residents," Fraser said. "This isn't OK.

 

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