6 B.C. ridings believed to have some of the worst rental affordability in Canada
Published Tuesday, September 17, 2019 9:56AM PDT Last Updated Tuesday, September 17, 2019 10:57AM PDT
For rent sign (Shutterstock)
With federal election campaigns underway, housing affordability is expected to be top of mind for many voters and recent data shows that six of B.C.'s ridings have some of the worst rental housing affordability in the country.
On Tuesday, BC Non-Profit Housing Association released its 2019 Canadian Rental Housing Index, which looks at rental housing statistics across the country. Results found that out of the top 20 federal ridings with the worst affordability challenges, six were in B.C.
Vancouver Quadra and Richmond Centre are two of the most unaffordable ridings.
Other B.C. ridings in the top 20 are West Vancouver – Sunshine Coast – Sea to Sky Country, Vancouver Centre, Burnaby North – Seymour and Burnaby South.
"These numbers clearly demonstrate why Canadians and housing advocates have been calling on our political leaders to take more immediate action to address the affordability challenges impacting so many families and individuals across the country," said Jill Atkey, CEO of BCNPHA in a news release.
"Whichever party forms the next government will need to increase the investments into the National Housing Strategy in order to achieve its goals before this crisis gets even worse."
Data from the report shows that about 10 per cent of B.C. residents live in overcrowded conditions with the average monthly rent and utilities being about $1,148 per month.
However in Vancouver Quadra, the average monthly rent is $1,592 and half of renting households are spending more than 30 per cent of their income on rent. Thirty per cent were found to be spending more than half of their income on rent and utilities.
Those figures are roughly the same for Richmond Centre, however average monthly rents are about $1,337, the housing report shows.
As well, data from the report shows that 64 per cent of single mother-renter households are spending over the affordability benchmark in the province. Immigrant households and Indigenous-led renter households were also harder hit by unaffordability across the country.
"For a long time, the conversation around rental housing affordability in Canada has focused on the population as a whole, but the numbers clearly show several key, vulnerable groups are bearing the brunt of this crisis," said Jeff Morrison, executive director of the Canadian Housing and Renewal Association in a news release.
"We very much hope that those seeking office in this election and Canadian voters will use this opportunity to push for more immediate and substantial action on this critical issue."
Next year, rent can go up in the province by as much as 2.6 per cent.