Area of Focus: Living
Owner & Tenant Households Spending 30% or More of Total Household Income on Shelter Costs, Peel and Ontario, 2011
Source: National Household Survey, 2011, Statistics Canada
Why is this important?
- The Region of Peel has a role to play in making sure our residents have safe, accessible, and affordable housing.
- Housing costs include mortgage payments or rent, heat, water, city services, property taxes, and condo fees.
- When housing costs are too high, people may not have enough money for other necessities, like food, clothing, and transportation.
- Households may choose to spend more on housing, while others may not have a choice.
- Low-income households and renters tend to have more difficulty meeting affordable shelter costs.1
How is this measured?
- Housing affordability is measured by the number of tenants or owners, who spend more than 30% of their household income on housing costs.
- The 2011 National Household Survey was used to obtain this data.
What progress are we making?
- The Region of Peel is the Service System Manager for Housing in Peel Region.
- We are addressing the gap between supply and demand for affordable housing through the Increase Affordable Housing Term of Council Priority by implementing several strategies to reduce the time spent on the Centralized Wait List by applicants for affordable housing in Peel Region.
- We continue to work with community partners to increase safe, affordable, accessible, and appropriate housing by acting as the steward of the long-term Housing and Homelessness Plan for Peel Region.
1 Luffman J. Measuring housing affordability. Perspectives on Labour and Income. 2006;7(11):16-25. Statistics Canada catalogue no. 75-001-XIE.Available from: http://www.statcan.gc.ca/pub/75-001-x/11106/9519-eng.pdf