Location: Calgary, Alberta
In many other Canadian cities, most moderate-income jobs can accommodate a home purchase. In Calgary, it’s a little more challenging. The average price tag on a home in Calgary has increased greatly while salaries have not kept pace. We want to investigate three broad categories pertaining to moderate-income Calgarians who do not own a home:
- Are they renters for life or do they eventually want to buy?
- If they want to buy right now, what are the barriers (e.g. price too high, mortgage payments greater than rent, no down payment, lack of green options, waiting for right house)?
- Are there housing forms they would like to see that are not currently provided in the development community?