Publisher Description
An urgent and illuminating examination of the unrelenting housing crisis Canadians find ourselves facing, by Balsillie Prize finalist and CBC Radio host Gregor Craigie, Our Crumbling Foundation offers real-life solutions from around the world and hope for new housing innovation in the face of seemingly impossible obstacles.
Canada is experiencing a housing shortage. Although house prices in major Canadian cities appear to have topped out in early 2023, new housing isn’t coming onto the market quickly enough. Rising interest rates have only tightened the pressure on buyers, and renters, too, as rising mortgage rates cost landlords more, which are passed along to tenants in rent increases. Even with the recent federal budget commitment to bring more housing online by 2030, there will still be a shortfall of 3.5 million homes by 2030.
Gregor Craigie is a CBC journalist in Victoria, one of the highest-priced housing markets in the country. On his daily radio show On The Island he’s been talking for over 15 years to local experts and to those across the country about housing. Craigie has travelled to many of the places he profiles in the book, and in his interviews with Canadians he presents the human face of the shortfall as he speaks with renters, owners and homeless people, exploring their varying predicaments and perspectives. He then shows, through comparable profiles of people across the globe, how other North American and international jurisdictions (Tokyo, Paris, Berlin, Helsinki, Singapore, Ireland, to name a few) are housing their citizens better, faster and with determination—solutions that could be put into practice here.
With passion, knowledge and vigour, Craigie explains how Canada reached this critical impasse and will convince those who may not yet recognize how badly our entire country is in need of change. Our Crumbling Foundation provides hope for finding our way out of the crisis by recommending a number of approaches at all levels of government. The prescription for how we’re going to house ourselves and do so equitably, requires not just a business solution, nor simply a social solution.
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Gregor Craigie’s Our Crumbling Foundation has nailed the issue of the moment with its overview of the housing crisis causing so much anxiety in cities around the world, especially amongst young people. Gregor’s weaving of stories of real people and their real struggles to find suitable and affordable housing makes this book accessible to the reader and demystifies a complex and perplexing housing crisis. His Canadian perspective illustrates how much more still needs to be done in our country to get it right. The plight of young Canadians must be addressed so that they can see a future for themselves living here. Gregor provides practical solutions that have worked elsewhere and opens our minds to the possibility that new technologies will ultimately save us. This book leaves us with hope that governments will formulate policy that will create the conditions to build more housing that is urgently needed now.
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Mitzie Hunter, MBA, Former MPP Scarborough-Guildwood and Ontario Minister of EducationÂ