Editorial:  The ‘financialization’ of housing puts profit over people

Editorial: The ‘financialization’ of housing puts profit over people

The financialization of housing, according to the United Nations’ Human Rights Commission, “occurs when housing is treated as a commodity—a vehicle for wealth and investment—rather than a social good.” Admittedly, the subject sounds as dry as month-old toast, but it is critical to understanding why, in a society as wealthy as ours, so many people cannot afford an appropriate place to call home.

Housing by and for students in Ontario

Housing by and for students in Ontario

There is a huge gap between student housing supply and demand in the greater Toronto area. In the absence of adequate residences, many students result to living in dubious, downright dangerous or illegal conditions; or they pay a very high price—whether it is on the private market or for a university residence. HOUSE (Housing Ontario University Students Equitably) intends to change things by setting up affordable non-profit housing projects for students, first in Toronto and then in various Ontario cities.