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The rise and fall of co-op housing in Ontario
Tuesday, November 5th, 2024
Toward the end of the last century, the construction of co-operative housing — and social housing more broadly — garnered substantial federal and provincial investments: thousands of co-operative units were built every year for a span of nearly three decades. But a nexus of political, economic, and social factors in the late 1990s ground the breakneck pace of construction to a crawl. Today, units in co-operative buildings are coveted by those looking for affordable-housing options in an increasingly unaffordable market.
Tags: economy, housing, ideology, jurisdiction, privatization, rights, standard of living
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