The City of Toronto, Canada, is now the 6th most expensive city in the world in terms of rental housing. In the last decade, the cost of housing has far outpaced income growth, with house prices growing four times faster and rent growing two times faster. This project uses a systems thinking approach to examine the ongoing affordable rental housing crisis in Toronto, its social and economic impacts, and its proposed solutions. The project also draws comparisons between Toronto's situation and housing crises in other metropolitan areas around the world. A systems thinking approach of the housing crisis reveals a conflict of two ideologies on how housing should be treated: as a human right, or as a commodity.
Team: Crystal Fung, Sahil Parikh, and Piotr Zulauf