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Canada needs to build 1.3M additional homes by 2030 to close housing gap, says PBO
(www.thecanadianpressnews.ca)
this post was submitted on 11 Apr 2024
107 points (100.0% liked)
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The way it's calculated by Stats Canada is that of 100% of the residential properties that exist, 65% of them are occupied by the family that owns the property. This can include adult children.
Basement suites are counted as a separate household, even less-than-legal ones.
That does mean that there are less than 65% of people that own a home, but you also have to account for the fact that Homeowners are FAR more likely to vote than non-home owners from a demographic perspective. The voting block is absolutely massive AND is the group that has money to fund political campaigns.