Read the full blog post here: https://matthew-alexandris.medium.com/build-more-homes-in-the-yellowbelt-not-the-greenbelt-455f7498a147
Toronto, like many major North American cities, is facing a housing crisis. While prices for homes and rent have continually soared for years in Toronto, the availability of affordable housing has been on the decline. The decline of affordable housing has created many problems for the city’s residents and others looking to move into the city. For example, according to the Canada Mortgage and Housing Corp, 30% of households in Toronto that rent lives in unsuitable housing.
While the causes and solutions to the housing crisis are complex, one aspect of the solution should be increasing the housing supply to match the rising demand. But increasing housing supply raises some questions, namely, what type of housing and where should it be built?
If Toronto is going to combat its housing crisis, new homes must be built in the urban areas of Toronto (the Yellowbelt) rather than growing urban sprawl outwards towards the Greater Golden Horseshoe region (the Greenbelt).