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[14] [15] Canada's housing investment as a percentage of GDP ratio peaked at 8.9% in 2022, [16] whereas the US, at the peak of their housing bubble, only reached 7% in 2006. [ 17 ] [ 18 ] Broadbent Institute analysis concluded that Canada's "housing system is unsustainably financializing and concentrating control over basic human rights."
This meets the definition of a household in need of affordable housing. Seventy-five per cent of Calgary households did not have sufficient income to purchase a single-family home. [11] Calgary had the highest market rental rates in Canada. In order to rent a two-bedroom apartment a household would need to have an income of $53,000.
Residents in Auburn Bay had a median household income of $125,000 in 2021, and 5% of residents were low-income. As of 2021, 26% of residents were immigrants, 19% of housing were condominiums or apartment, and 25% of housing were rentals. 22% of Auburn Bay residents spent 30%+ of their income on housing, compared to the Calgary average of 23%. [2]
The frequency and intensity of drug and alcohol consumption among public housing residents are higher than the national average. [15] One 2003 study of Ontario public housing units found that residents had better access to illicit substances, and were more likely to consume them than members of the control group. [ 5 ]
Tuscany is a residential community in the northwest quadrant of Calgary, Alberta.It is located at the western edge of the city, and is bounded to the north by Crowchild Trail, to the east by Stoney Trail, Nose Hill Drive and the Two Toed Pond to the south and Twelve Mile Coulee Road and the recently annexed community of Lynx Ridge and the rural acreages of Bearspaw to the west.
Residents in this community had a median household income of $61,339 in 2011, and there were 12% low income residents living in the neighbourhood. [5] As of 2011, 17% of the residents were immigrants. A proportion of 27% of the buildings were condominiums or apartments, and 49% of the housing was used for renting. The area can also be noted for ...
As of 2006, 19.1% of the residents were immigrants. A proportion of 41.4% of the buildings were condominiums or apartments, and 46.0% of the housing was used for renting. The Killarney community is a part of the Calgary Centre federal electoral district, the Calgary Currie provincial constituency.
Residents in this community had a median household income of $47,500 in 2000, and there were 18.1% low income residents living in the neighbourhood. [5] As of 2000, 14.6% of the residents were immigrants. A proportion of 19.9% of the buildings were condominiums or apartments, and 33.3% of the housing was used for renting. [2]