InsideTorontoRealEstate
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* About 25% of population paying more than 30% of their Income towards housing (Conference Board of Canada)
* To afford an average bungalow in Toronto at current 5 year rates it would take 46.8% of the average pre-tax income of a Toronto Household (RBC)
Lenders typically want no more than 32% of income towards housing. Will Toronto become too unaffordable to live in the future?
What can we do about it.
Tonight we'll talk with Sean Gadon (Director of Affordable Housing in Toronto) and Neil Hetherington (CEO of Habitat for Humanity Toronto) to discuss housing affordability in Toronto
Tune in and call 416.446.7090 and ask host Brian Persuad all your real estate questions. Inside Toronto Real Estate airs Wednesdays at 7:00 PM only on Rogers TV.
Repeats
Thursday 12:00p
For video and more info check out our web Page http://www.rogerstv.com/itre
* To afford an average bungalow in Toronto at current 5 year rates it would take 46.8% of the average pre-tax income of a Toronto Household (RBC)
Lenders typically want no more than 32% of income towards housing. Will Toronto become too unaffordable to live in the future?
What can we do about it.
Tonight we'll talk with Sean Gadon (Director of Affordable Housing in Toronto) and Neil Hetherington (CEO of Habitat for Humanity Toronto) to discuss housing affordability in Toronto
Tune in and call 416.446.7090 and ask host Brian Persuad all your real estate questions. Inside Toronto Real Estate airs Wednesdays at 7:00 PM only on Rogers TV.
Repeats
Thursday 12:00p
For video and more info check out our web Page http://www.rogerstv.com/itre