- This event has passed.
Implications of Covid-19: Providing Affordable Housing in a Post-Pandemic World
November 17 @ 7:00 pm - 8:30 pm
To register, please go to Zoom Registration Page.
The University of Toronto Association of Geography Alumni (UTAGA) and The Toronto Undergraduate Geography Society (TUGS) are pleased to host a panel discussion on the growing problem of housing affordability in the GTA in a post-pandemic world.
Housing affordability has been a hot issue in Toronto, and in many other Global (and indeed smaller) Cities, for decades, and the COVID-19 pandemic has only served to make it much more acute. Despite predictions of price decreases, since 2020 the home index price has risen 13% and increasing prices have raised ongoing concerns about the affordability of housing in GTA municipalities. Several Canadian municipalities have already declared a housing crisis and the Federal Government has pledged $1 Billion to construct new affordable housing and supportive housing units through the Rapid Housing Initiative. However much remains to be addressed. It is within this uncertainty that we ask five panelists to speak to the issue of housing affordability in Toronto. Specifically, we ask our panelists about the nature of the housing future they envision for the GTA and what issues stand to impede or aid the realization of these futures going forward.
UTAGA and TUGS are pleased to host a panel discussion that focusses on the housing affordability crisis in the GTA, with an emphasis on causes, effects, and possible public policy responses. Our panelists include professionals and scholars who approach the issue from a variety of perspectives including those from the real estate market analysis and affordable housing planning industries, from academic planning and human geographic sectors on right to the city and equity and from the from the perspective of housing economics.
Partner, Markee Developments / CEO, The Keesmaat Group / Former Chief City Planner, City of Toronto
Nemoy Lewis is an assistant professor in the School of Urban and Regional Planning. He received his PhD in human geography from Queen’s University in Kingston, Ontario. Lewis earned both his undergraduate and master’s degrees in geography at the University of Toronto. For his doctoral research, Lewis analyzed the ongoing foreclosure crisis in the United States and its effects on Black people and low-income communities in Chicago, Illinois and in Jacksonville, Florida. Lewis’ research explores how space is racialized by examining the co-production of racialization and financialization in North American urban housing markets, and the growing affordability problems impacting Black renters. His current research investigates a relatively new type of financialized landlord – primarily private equity, asset management firms and REITs – and their impacts on the physical infrastructures and urban social geography of disenfranchised.
Jason Mercer is the Toronto Regional Real Estate Board’s Chief Market Analyst and Director of Service Channels. He leads TRREB’s market analysis program that provides products and services that help REALTORS® and their clients fully understand trends in the GTA housing market and underlying economic drivers. Jason also oversees TRREB’s MLS® Services Department and the delivery of information and data products to the TRREB Membership. Jason has private and public sector experience in the real estate industry, having previously held positions at PricewaterhouseCoopers and the Canada Mortgage and Housing Corporation. He possesses a Bachelor of Arts degree from Simon Fraser University and a Master of Science in Planning degree from the University of Toronto. Jason is a Member of the Canadian Institute of Planners, a Registered Professional Planner with the Ontario Professional Planners Institute and a Member of Lambda Alpha International, the Land Economics Society.
Diana has ten years of experience with economic analysis. Prior to joining the Centre, Diana was TD Bank’s housing and real estate expert. At TD, Diana spent four years as the macro forecaster, gaining knowledge and expertise in understanding and forecasting macro-economic variables such as real GDP, employment and inflation. Diana spent the the last four and a half years at TD focused on real estate and household debt trends. Her research concentrated on sixteen regional housing markets (specifically the GTA and GVA) while also covering six regional commercial real estate markets.