GESTION MONTRÉAL
Montreal, more affordable than other Canadian cities ?
25 juil. 2023
According to a new indicator from Canada Mortgage and Housing Corporation (CMHC), Montreal and Quebec City stand out from the country's other major cities in offering affordable private housing for low-income households.
In the Montreal region, some 23% of units in rental buildings of three or more units are offered at a rent of less than $750 per month, or less than 30% of the pre-tax income of the poorest households.
In Quebec City, this proportion rises to a quarter of private housing units. In contrast, Toronto, Ottawa and Vancouver have percentages close to zero, while in Gatineau it's 8%.
Affordable housing for low-income households is therefore extremely limited in major cities, with the exception of Montreal and Quebec City, where the housing stock is generally older and of poorer quality.
To find out more about this subject, read the following article : Affordable housing Montreal
