Majority Of Renters 'Seriously' Consider Leaving GTA: Housing Affordability Worsening [POLL]

housing (Photo courtesy of fumigene via Flickr.com)

The rent is just too damn high. And so is the cost of owning a home in the Greater Toronto Area. In fact, the affordable housing situation in the GTA is worsening according to renters and homeowners.

READ: Will Justin Trudeau Include A Housing Strategy For Renters In His Campaign?

A new Angus Reid Institute poll finds about 59 per cent of renters are “seriously” considering leaving the GTA given the high cost of owning a home.

Renters aren't alone. Of the 831 GTA residents surveyed, a total of 47 per cent are “seriously thinking of leaving the GTA” due to housing prices.

One-third of non-homeowners say they would like to buy a home right now — but just can't afford it.

And more than two-thirds of GTA residents think the government needs to further intervene in the housing market in order to improve housing affordability.

READ: Toronto Vs. The Top Rental Real Estate Markets In The World

Respondents “overwhelmingly” support of a foreign buyers’ tax in Ontario and a tax on vacant homes to help with the affordable housing crisis.

The survey's analysis states that “Among residents under age 35, fully six-in-ten are hoping the market cools off at least slightly, though it’s notable that nearly a quarter of those ages 55-plus – perhaps reflecting concern for children or grandchildren who are currently priced out of the market – say the same.”

READ: Toronto’s 35 Neighbourhoods: Where Is It Cheaper To Rent Or Own A Condo?

Ultimately, the poll finds that both homeowners and renters agree that the price of real estate in the Greater Toronto Area is “unreasonably high,” and that it may be too late for government intervention to burst the bubble they say is hurting the region.

both homeowners and renters agree that the price of real estate in the Greater Toronto Area is unreasonably high Source: AngusReid.org

READ: Doug Ford Promised Ontario This Housing ‘Plan’ Pre-Election: What Will Become Of It?

Renting

Majority Of Renters 'Seriously' Consider Leaving GTA: Housing Affordability Worsening [POLL]

READ: Will Justin Trudeau Include A Housing Strategy For Renters In His Campaign?

READ: Toronto Vs. The Top Rental Real Estate Markets In The World

READ: Toronto’s 35 Neighbourhoods: Where Is It Cheaper To Rent Or Own A Condo?

READ: Doug Ford Promised Ontario This Housing ‘Plan’ Pre-Election: What Will Become Of It?

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The city needs 50% more housing starts a year to restore affordability over the next decade, and CMHC's new national report shows ownership construction stalling in Vancouver, too.

“The general tone of Canada’s market will still be soft with our resales projections far below levels before the pandemic and home values just a smidgeon above the cyclical low,” said RBC.

Four Southern Alberta master-planned communities. One builder with a vision for how neighbourhoods should actually feel.

August’s resale prices show the distance between housing types, and the competition a new project faces from homes buyers can purchase today.

The 18-hole Delta Golf & Country Club at 11550 Ladner Truck Road in Delta was placed under receivership on December 15, 2025.

"Governments deserve credit for the progress already made. But housing affordability will not be restored through half-measures or temporary programs."

The site is 5680 Oak Street at the intersection with W 41st Avenue, and is adjacent to Grosvenor’s Mayfair West project, two blocks away from Oakridge Park.

"If you've been sitting on a lease expiry hoping for one more quarter of softening before you commit, here's the uncomfortable part: the conditions that produced two years of tenant leverage are unwinding, and Peel is leading that shift, rather than lagging it."

Of those units, 125 will have three bedrooms and 58 will have two — a split designed for families, rather than the studio- and one-bedroom-heavy stock that typically defines new rental supply.

The ReStays and ReResidences at 101 Queen St. and 108-116 Sparks St. in Ottawa was developed by Ashcroft Homes and was placed under receivership last year.

“We found a clear relationship between homelessness rates and rent prices for lowest-quartile units,” said the Canadian Alliance to End Homelessness.