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Showing posts from January, 2023

How the government is playing a crucial role in making rentals accessible?

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The government plays an essential role in protecting the rights of the poor or low-income earners dwelling in the cities. One of the most effective ways to promote affordable housing is by eliminating parking space. Various studies conclude that parking space, mainly underground; cost approximately twenty to 30 percent of the construction cost of condo rentals in Toronto. As a result, they are forced to increase rent rates making housing expensive. In most instances, they do so because it is a governmental requirement for development—additionally, the parking space wastes spaces which could support several houses. Government initiatives The central role of state government in delivering affordable housing planning in urban areas is through regulating developments. It is a must that in every developed urban center, there will be presents of laborers who cannot afford to purchase or rent the perfect rental accommodation. Experts believe the states’ requirement to have at least 15 percent

Why is affordable housing gaining popularity?

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Affordable housing refers to housing units that can be afforded by community members with middle- or lower-income levels. It is common in cities and suburbs, which are invaded by the wealthy elite class, capable of constructing high-class buildings comprising one-bedroom apartment Etobicoke. However, governments plan for affordable to continue accommodating the poor in the cities through planning programs. In all cities, the local government usually gave subsidies to support the affordable housing planning agencies and programs. Reasons behind the popularity of affordable housing There are critical factors that lead to the need for affording housing programs and policies in Toronto, such as gentrification and urban renewal, which increase land rates for one-bedroom apartment Etobicoke.  There is a need to share the necessary planning regulations and systems that contribute to affordable housing in urban areas like land supply, removing barriers, preservation of existing affordable