Systemic Racism, Discrimination Prevalent Throughout Ontario Real Estate Market: Report

  • 📰 storeyspub
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 74%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Ontario’s housingmarket has seen better days for prospective tenants and (would-be) homebuyers. OREAinfo | realestate realestatenews ONpoli OREA

, a report that examines diversity, equity, and inclusion in housing, a majority of both consumers and realtors believes that the province’s rental process is riddled with discrimination.

“There is a saying in real estate: today’s renters are tomorrow’s homeowners. For disadvantaged communities who have a hard enough time finding a great rental in a thriving community because of all the obstacles they face along the way, the dream of home ownership is just that — a dream,” said 2022 OREA President

“As the rising cost of housing and lack of supply continue to push prospective buyers out of the market, homeownership remains out of reach for many — and disadvantaged communities are at risk of falling even further behind. Building more homes alone isn’t going to improve accessibility to housing for BIPOC and LGBTQ2S+ communities,” said, Broker at Bosley Real Estate Ltd. and Chair of OREA’s Presidential Advisory Group on Diversity, Equity, and Inclusion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's how to stay calm and confident in Toronto's bonkers real estate marketWhile real estate prices in Toronto are still at ridiculous highs (for now), market activity has been dwindling for some months, with fewer people ... properlyhomes This doesn't just say win the lottery so obviously it's wrong properlyhomes Easy, just realize you don’t have enough money to buy anything liveable.
Source: blogTO - 🏆 44. / 63 Read more »

Alberta government launches campaign to temt fed-up Ontarians to move out west | CBC NewsIf you've been priced out of Toronto's real estate market, Alberta hopes its latest campaign will have you looking west to achieve your white-picket-fence dreams. 😒 *tempt Dougie will do to Ontario what Jason did to Alberta and everywhere will be garbage.
Source: CBCToronto - 🏆 51. / 61 Read more »

BNN Bloomberg | Financial News | TSX TodayAs DaleJacksonPI writes for currencies fluctuate. What matters is how well your portfolio can adapt to those fluctuations.
Source: BNNBloomberg - 🏆 83. / 50 Read more »